1811 Red Willow Way

1811 Red Willow Way

A

Oceanside, CA 92056

$899,900
NEW — 1d

Soft Appraisal Value: $889,300 · 1.2% above estimate

Beds

3

Baths

2.5

Sqft

2,193

Year Built

2023

Days on Market

1

Property Type

Townhouse

HOA/mo

$398

MLS ID

NDP2606780

This property is in Oceanside (92056). View neighborhood stats →

Virtual Tour

About This Property

Welcome home to 1811 Red Willow Way, a stunning end-unit townhome in the highly sought-after Melrose Heights community. Built in 2023 and offering 2,193 square feet of comfortable living space, this 3-bedroom, 2.5-bath residence showcases extensive upgrades and thoughtful design that will impress even the most discerning buyer. Step inside and be greeted with an open concept great room that is filled with natural light.  The living, dining, and kitchen spaces flow seamlessly, creating an inviting and functional layout with ample counter and cabinet space.  Upstairs, the primary suite offers his and hers walk in closets, soaking tub, walk-in shower, dual sinks all perfect to relax and retreat to after a long day. Two additional bedrooms, a full bath with upgraded finishes, and a well-appointed laundry room with custom shelving complete the second level. The third-floor loft (approx. 24x21) is a bright and versatile bonus space—ideal for a media room, office, gym, or playroom with its own private outdoor patio to enjoy the coastal breezes and beautiful sunsets.  Enjoy lower electric bills with owned SOLAR, A/C, ceiling fans, soaring 9-foot ceilings and custom window treatments throughout the property.  Additional home highlights include a two-car attached garage prewired for EV charger, a tankless water heater, and a full suite of smart home features: MyQ garage access, smart locks, smart thermostats, and Wi-Fi extenders. Enjoy lower electric bills with owned SOLAR, A/C, ceiling fans, soaring 9-foot ceilings and custom window treatments.  Melrose Heights features resort-style amenities including a pool, spa, fire pit, BBQ areas, greenbelts, and multiple playgrounds with easy access to freeways, schools, beaches, dining and everything that the North County lifestyle has to offer.

Mortgage Calculator

Est. Monthly Payment

$6,111

Principal & Interest$4,550
Property Tax$900
Insurance$262
HOA$398
%($179,980)
%

Location

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Investment Score

52B
Est. Monthly Rent
$5,412
Monthly Cashflow

Rent − PITIA

$-698
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,693

Mortgage (P+I)
$4,550
Cap Rate
2.48%
Cash-on-Cash
-17.96%
DSCR

Need ≥ 1.25 for DSCR loan

0.89
Break-even Rent
$8,909

NOI (Annual)
$22,289
Price-to-Rent

Lower = better for investors

13.9

* 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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