17892 Creciente Way
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17892 Creciente Way

Ctop 80%

4S Ranch, CA 92127Neighborhood: Rancho Bernardo

$1,899,000
STR: check · no permits on this tract · TOT 11.75%

2 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 8, 2026.

None of the 17 homes on this home's recorded tract holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$9,437/mo full cashflow at 20% down, 7.43% rate.

Works at $670,286 (65% under asking), or at 92% down.

Rent $7,530/mo from 9 leases of 4–6 bed houses within 0.5 mi, same school area ($6,741–$8,373).

Beds

5

Baths

5

Sqft

3,172

Year Built

1986

Days on Market

45

Property Type

Single Family

HOA/mo

$650

MLS ID

PTP2607178

This property is in 4S Ranch (92127). View neighborhood stats →

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About This Property

Tucked into the sought-after Westwood neighborhood of Rancho Bernardo, this exceptional residence has been thoughtfully reimagined from the inside out, with more than $800,000 invested in its expansion and renovation. Located within the Poway Unified School District and less than a mile from Westwood Elementary. The distinction is in the details. European-sourced tile, countertops, and cabinetry introduce a refined, modern aesthetic, while custom floor-to-ceiling windows frame views toward Lake Hodges and fill the interiors with natural light throughout the day. The kitchen is equally considered, anchored by premium Sub-Zero appliances and finishes selected to complement the home’s modern architecture. Designed with both flexibility and privacy in mind, the expansive floor plan features four primary suites, including two on the first floor, along with a generous loft and dedicated playroom. The result is a home that adapts effortlessly to everyday living, extended family, guests, working from home, and entertaining. Behind the finishes is an equally thoughtful collection of functional upgrades such as dual HVAC systems that allow each level to be conditioned independently, a whole-house water filtration system, a newer roof, 36 solar panels, and an ADT security system. From its substantial renovation to its elevated materials, flexible layout, and views toward Lake Hodges, this is a home where the investment is evident in both the details you see and the systems you don’t. The HOA is an annual fee that gives residents access to the Westwood club and recreation. No mello-roos or monthly HOA.

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Est. Monthly Payment

$13,653

Principal & Interest$10,550
Property Tax$1,899
Insurance$554
HOA$650
%($379,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Westwood Elementary · grades K-5 · Poway Unified

  • Middle

    Bernardo Heights Middle · grades 6-8 · Poway Unified

  • High

    Rancho Bernardo High · grades 9-12 · Poway Unified

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

9C
Est. Monthly Rent
$7,530

9 leases of 4–6 bed houses within 0.5 mi, same school area · $6,741–$8,373

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$6,123
Full Cashflow

Incl. vacancy, PM, maint, capex

-$9,437

What would make this work?

$9,437/mo short at 20% down; 92% down or +$12,256/mo rent closes it.

Break-even price

65% under asking

$670,286
Break-even rent

$12,256/mo above the estimate

$19,786/mo
Cashflow at 35% down
−$7,459/mo
Down payment to break even

$1,747,080 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$10,550
Cap Rate
0.94%
Cash-on-Cash
-29.82%
DSCR

Need ≥ 1.25 for DSCR loan

0.55

NOI (Annual)
$17,869
Price-to-Rent

Lower = better for investors

21.0

* 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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CCashflow−$9,437/mo