16951 Old Coach Rd
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16951 Old Coach Rd

C

Poway, CA 92064

$2,295,000

Soft Appraisal Value: $2,437,600 · 5.9% below estimate

Beds

5

Baths

5

Sqft

4,429

Year Built

2008

Days on Market

89

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005872SD

This property is in Poway (92064). View neighborhood stats →

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About This Property

Rare 5.59-acre compound opportunity on sought-after Old Coach Road in Poway’s Las Luces Del Cielo offering exceptional flexibility for multigenerational living, future ADU potential, and long-term value creation. The 3,340 sq ft main residence, built in 2008, features an open-concept layout with hardwood/travertine flooring, spacious bedroom suites, and seamless indoor-outdoor flow framed by hillside views. Designed for entertaining, the backyard includes a saltwater pool/spa, detached pool room with bath, expansive cabana/lounge area, outdoor shower, and multiple indoor-outdoor gathering spaces ideal for large-scale entertaining or private resort-style living. A separate 2-bed, 2-bath guest residence (1,089 sq ft, built 2013) is already built out with kitchen/bath configuration, creating strong potential for future ADU conversion opportunities. A detached 780 sq ft garage suite built in 2013 provides additional finished flex space with kitchen and bath while remaining permitted as a garage. Preliminary discussions with the City indicate potential for an additional detached ADU plus JADU configuration on the parcel, creating a rare opportunity for buyers seeking a private compound, multigenerational setup, rental income potential, or future development flexibility. The property also includes permitted covered RV parking, usable land area, conduit for future ground-mount solar installation, private well infrastructure with upgraded pump/piping/wiring, and recently serviced septic system. No HOA. No Mello-Roos. Poway Unified School District. Recent upgrades include new HVAC, water softener, and updated fixtures throughout.

Mortgage Calculator

Est. Monthly Payment

$14,569

Principal & Interest$11,605
Property Tax$2,295
Insurance$669
%($459,000)
%

Location

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Investment Score

6D
Est. Monthly Rent
$7,709
Monthly Cashflow

Rent − PITIA

$-6,860
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,545

Mortgage (P+I)
$11,605
Cap Rate
0.55%
Cash-on-Cash
-27.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$21,404

NOI (Annual)
$12,713
Price-to-Rent

Lower = better for investors

24.8

* Defaults: 20% down, 6.5% rate, 30yr.

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

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