
16947 Avenida Luis
Dbottom 20%Rancho Santa Fe, CA 92067
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 →
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
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.
Comparable Properties
5 comps foundThis Property
$12,513
Comp Average
$15,017
17839 La Amapola
5bd / 4.5ba · 5,006 sqft · Single Family
$3.75M
Est. $19,207/mo
7729 Calle Amanacer
5bd / 5.5ba · 4,908 sqft · Single Family
$4.00M
Est. $15,763/mo
6346 El Sicomoro
4bd / 4ba · 3,774 sqft · Single Family
$3.99M
Est. $13,735/mo
7087 Rancho Santa Fe View Court
4bd / 4ba · 4,636 sqft · Single Family
$4.00M
Est. $13,391/mo
6358 Lago Lindo
3bd / 3.5ba · 4,500 sqft · Single Family
$5.00M
Est. $12,989/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 4-bed houses within 2 mi, same school area · $11,323–$13,823
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$26,463/mo short at 20% down; +$34,368/mo rent closes it.
- Break-even price
- $1,254,475
- Break-even rent
- $46,881/mo
- Cashflow at 35% down
- −$21,567/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
73% under asking
$34,368/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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