18024 Avenida Alondra
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18024 Avenida Alondra

Ctop 80%

Rancho Santa Fe, CA 92067

$6,900,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$31,676/mo full cashflow at 20% down, 7.43% rate.

Works at $2,775,579 (60% under asking), or at 87% down.

Rent $27,686/mo from 9 leases of 3–5 bed houses within 1 mi ($22,173–$31,329).

Beds

4

Baths

7.5

Sqft

8,696

Year Built

1974

Days on Market

267

Property Type

Single Family

HOA/mo

$0.15

MLS ID

260003692SD

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

Virtual Tour

About This Property

First time ever offered for sale, this extraordinary 10.35-acre property in the highly sought-after west side of the Rancho Santa Fe Covenant presents a truly once-in-a-generation opportunity. Privately accessed by a long driveway at the end of a quiet cul-de-sac and surrounded by natural beauty, the setting showcases sweeping 180-degree views stretching to the Pacific Ocean. The property currently includes an older residence and two additional structures, offering a rare canvas for a visionary buyer. With expansive usable acreage, unparalleled privacy, and breathtaking vistas, the possibilities to create a world-class estate are limitless. Ideally located just minutes from the Rancho Santa Fe Covenant Village, you’ll enjoy convenient access to boutique shopping, fine dining, The Inn at Rancho Santa Fe, the highly regarded Roger Rowe School, the RSF Golf and Tennis Clubs, equestrian trails, and major thoroughfares. This is an exceptional opportunity to design and build a legacy estate in one of Southern California’s most prestigious communities, tailoring every detail to your personal vision.

Mortgage Calculator

Est. Monthly Payment

$47,245

Principal & Interest$38,332
Property Tax$6,900
Insurance$2,012
HOA$0
%($1,380,000)
%
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

14C
Est. Monthly Rent
$27,686

9 leases of 3–5 bed houses within 1 mi · $22,173–$31,329

Monthly Cashflow

Rent − PITIA

-$19,559
Full Cashflow

Incl. vacancy, PM, maint, capex

-$31,676

What would make this work?

$31,676/mo short at 20% down; 87% down or +$41,138/mo rent closes it.

Break-even price

60% under asking

$2,775,579
Break-even rent

$41,138/mo above the estimate

$68,824/mo
Cashflow at 35% down
−$24,489/mo
Down payment to break even

$6,003,000 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$38,332
Cap Rate
1.40%
Cash-on-Cash
-27.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.59

NOI (Annual)
$96,484
Price-to-Rent

Lower = better for investors

20.8

* 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−$31,676/mo