16947 Avenida Luis
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16947 Avenida Luis

Dbottom 20%

Rancho Santa Fe, CA 92067

$4,700,000

Pass at asking: -$26,463/mo full cashflow at 20% down, 7.43% rate.

Works at $1,254,475 (73% under asking); even all cash loses money at asking.

Rent $12,513/mo from 8 leases of 4-bed houses within 2 mi, same school area ($11,323–$13,823).

Beds

4

Baths

3.5

Sqft

4,542

Year Built

2020

Days on Market

97

Property Type

Single Family

HOA/mo

N/A

MLS ID

260018886SD

This property is in Rancho Santa Fe (92067). Browse neighborhood analytics →

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About This Property

Experience timeless California luxury in this stunning Spanish Modern estate, privately situated on approximately 1.84 acres within the prestigious Rancho Santa Fe Covenant built in 2020. Encompassing approximately 4,542 square feet, the single-level residence features four bedrooms, including Private Living Quarters with Separate Entrance, a grand primary suite with an expansive master retreat, three full bathrooms, a dedicated home office, and a powder room. Designed for effortless California indoor-outdoor living, expansive disappearing pocket doors open the main living spaces seamlessly to the covered loggia and beautifully landscaped grounds. The property features a sparkling pool and spa, mature landscaping providing exceptional privacy, and an expansive, level lawn ideal for recreation, entertaining, or a future ADU, subject to applicable approvals. Ideally located just minutes from Rancho Santa Fe Village, the Rancho Santa Fe Golf Club, and acclaimed R. Roger Rowe School, this exceptional estate offers sophisticated design, modern comfort, and an enviable Covenant lifestyle. Experience timeless California luxury in this stunning 2020 Spanish Modern estate on 1.84 private Covenant acres. Offering 4,542 sq. ft., 4 bedrooms including a detached casita, 3.5 baths, expansive pocket doors, and seamless indoor-outdoor living. Resort-style pool, spa, mature landscaping, and a large level lawn with ADU potential (subject to approval). Minutes to Rancho Santa Fe Village, Golf Club, and Roger Rowe School.

Mortgage Calculator

Est. Monthly Payment

$32,181

Principal & Interest$26,110
Property Tax$4,700
Insurance$1,371
%($940,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    R. Roger Rowe Elementary · grades PK-5 · Rancho Santa Fe Elementary

  • Middle

    R. Roger Rowe Middle · grades 6-8 · Rancho Santa Fe Elementary

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

1D
Est. Monthly Rent
$12,513

8 leases of 4-bed houses within 2 mi, same school area · $11,323–$13,823

Monthly Cashflow

Rent − PITIA

-$19,668
Full Cashflow

Incl. vacancy, PM, maint, capex

-$26,463

What would make this work?

$26,463/mo short at 20% down; +$34,368/mo rent closes it.

Break-even price

73% under asking

$1,254,475
Break-even rent

$34,368/mo above the estimate

$46,881/mo
Cashflow at 35% down
−$21,567/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$26,110
Cap Rate
0.07%
Cash-on-Cash
-33.78%
DSCR

Need ≥ 1.25 for DSCR loan

0.39

NOI (Annual)
$3,276
Price-to-Rent

Lower = better for investors

31.3

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$26,463/mo