17976 Sencillo Lane
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17976 Sencillo Lane

D

Rancho Bernardo, CA 92128

$2,179,000
NEW — 2d

Soft Appraisal Value: $2,097,700 · 3.9% above estimate

Beds

4

Baths

4

Sqft

2,893

Year Built

1973

Days on Market

2

Property Type

Single Family

HOA/mo

$56

MLS ID

260010998SD

This property is in Rancho Bernardo (92128). View neighborhood stats →

About This Property

A front-row seat on the fairway, with a layout designed for how you actually live today. Tucked on a quiet cul-de-sac with sweeping golf course views, this fully updated 3-bedroom, 3-bath residence offers a level of finish and functionality that’s hard to find at this price. Every detail has been thoughtfully reimagined, from dual-pane windows and Hunter Douglas window coverings to insulated copper plumbing and a new HVAC system. This is so much more than a beautiful home. The kitchen is the centerpiece. Wolf, Miele, and Sub-Zero appliances in a bold red finish create a striking, high-end aesthetic, while the game room/enclosed patio with its wet bar and open flow to the outdoor patio make entertaining feel effortless. This home is so perfect for entertaining. Step outside and the setting takes over, with a generous outdoor space designed to capture fairway views from morning to sunset, as well as the gorgeous mountains surrounding Rancho Bernardo. With everything else this home offers, the fully permitted 1-bedroom, 1-bath ADU with its own entrance, utilities, and tankless water heater, offers incredible flexibility, perfect for guests, extended family, or income potential. With a beautifully updated kitchen, bathroom, and full laundry room, this home delivers both luxury and peace of mind. Located within the award-winning Poway Unified School District and close to shopping, dining, and everyday conveniences, this home delivers both lifestyle and long-term value in one of RB's most sought-after communities. This is more than a home, its a lifesyle. Extensively upgraded and thoughtfully improved, this property showcases significant investment in both infrastructure and design. Major system upgrades include all new electrical and copper plumbing, upgraded to 400 amps total (200 amps per unit), new A/C and furnace, tankless water heater, whole-house filtration system, and improved insulation throughout. The fireplace has been professionally reconstructed, and both the interior and exterior have been refreshed with quality finishes, including solid core doors and knotty alder exterior doors. In addition to the construction of the fully permitted ADU, the property features two retaining walls, extensive concrete work surrounding the home, wheelchair-accessible ramps, and iron gates and fencing. The residence offers two gourmet kitchens, spa-inspired bathrooms, a steam shower, and a cast-iron bathtub. European-style cabinetry and high-end finishes create a true chef’s and entertainer’s environment. The home has been updated over time, including bathroom renovations, kitchen remodel, roof improvements, and exterior enhancements. All improvements have been completed with permits. Hunter Douglas Duolite blackout blinds have been installed throughout. The newly built ADU (2024) includes its own gas and electric service, 200-amp panel, full insulation, instant hot water, porcelain tile baseboards, and flexibility for gas or electric kitchen and laundry. The water line is currently shared, with the option to add a separate meter. The property also features all new landscaping and a 25-year roof warranty on the ADU. The property has been assigned two addresses: 17976 for the main residence and 17978 for the ADU, offering flexibility for multigenerational living or rental income potential, while maintaining the option to keep both units together.

Mortgage Calculator

Est. Monthly Payment

$13,889

Principal & Interest$11,018
Property Tax$2,179
Insurance$636
HOA$56
%($435,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,731
Monthly Cashflow

Rent − PITIA

$-8,158
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,292

Mortgage (P+I)
$11,018
Cap Rate
-0.15%
Cash-on-Cash
-31.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$20,396

NOI (Annual)
$-3,288
Price-to-Rent

Lower = better for investors

31.7

* 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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