18202 Avenida Apice
Ctop 80%Rancho Santa Fe, CA 92067
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: -$21,939/mo full cashflow at 20% down, 7.36% rate.
Works at $1,379,395 (68% under asking), or at 95% down.
Rent $14,716/mo from 13 leases of 4-bed houses in 92067 ($12,834–$17,877).
Beds
4
Baths
5
Sqft
5,599
Year Built
2015
Days on Market
0
Property Type
Single Family
HOA/mo
$790
MLS ID
NDP2610266
This property is in Rancho Santa Fe (92067). Browse neighborhood analytics →
About This Property
Where Luxury Takes Root! Sweeping views from a garden paradise. Perched at what feels like the top of the world in the guard-gated enclave of Cielo, this Rancho Santa Fe estate is a private, tranquil retreat set amid more than half an acre of grounds cultivated by hand over a decade. From the shimmering ocean across rolling hills and mountains to the reservoir, the panorama shifts with the light throughout the day, giving way to twinkling city lights after dark. Arrival sets the tone. An extended driveway leads past handsome stonework to a front courtyard, where a cascading waterfall spills into a koi pond beside a quiet place to sit. Peace starts before you reach the door. Inside, stunning wide-plank oak floors run beneath soaring ceilings, and light fills every room. Slide open the doors along the living, dining, and kitchen spaces to let in the scent of flowers, the sound of birdsong, and a breeze drifting up from the ocean. The seamless flow from indoors to outdoors truly captures quintessential Southern California living. The great room is the heart of the home. The living room has sliding doors that open on both sides, a warm fireplace, surround sound, and spills out onto the patio with the BBQ & kitchen island. The kitchen is elegant and functional with two oversized granite islands, a Wolf range with a hood and pot filler, stainless steel appliances including double ovens, a custom jade backsplash, abundant cabinet space, and an expansive walk-in pantry. The butler's pantry offers a wine fridge and extra cabinet space, and connects the kitchen and formal dining room for seamless movement and entertaining. Outside, each day and season has its own rhythm. On some mornings, sunlight spills across the water. On others, fog fills the valley below, and the garden seems to float above the clouds. Take in the ocean views from the backyard, the primary suite, or the side patio at sunset. As golden light settles over the hills, the gas fireplace on the covered patio invites you to linger outdoors. A long stone stairway descends from the backyard through terraced gardens. Roughly 50 fruit trees grow on the hillside, including more than 20 avocado trees of several varieties, along with loquat, peach, apple, jujube, apricot, fig, cherimoya, mulberry, dragon fruit, and citrus. Seasonal vegetable and herb beds, more than 20 roses, and a second koi pond with a waterfall round out the gardens, drawing birds and butterflies. A hillside rainwater system collects and filters stormwater, storing it in several tanks to help sustain the gardens. This is not just an ornate garden but rather a beautifully productive edible garden. Pick fresh organic produce steps from your door, then take a moment to enjoy the view and the quiet. Every bedroom has its own full en suite bath, including the bedroom on the main level. French doors open to east-facing balconies from both the junior suite and the bonus room, where a projection screen makes movie and game nights easy. The primary suite is a true sanctuary with ocean views, a generous walk-in closet, a separate retreat for an office, fitness area, or lounge, and a spa-style bath where you can take in the view from the soaking tub. Thoughtful comforts make everyday life easy. The home includes owned solar, abundant storage, and a four-car garage wired with 220V for EV charging, plus extra parking along the extended driveway. Within Cielo, pools, a fitness center, a rose garden, parks, and trails offer even more ways to enjoy the community. Rare, restorative, and wholly alive, this is Rancho Santa Fe living, rooted in natural beauty.
Mortgage Calculator
Est. Monthly Payment
$29,728
Location
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Zoned Schools
Elementary
Bernardo Elementary · grades K-5 · Escondido Union
Middle
Bear Valley Middle · grades 6-8 · Escondido Union
High
San Pasqual High · grades 9-12 · Escondido Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$14,716
Comp Average
$16,257
7823 Calle Cima
5bd / 4.5ba · 5,598 sqft · Single Family
$3.79M
Est. $20,311/mo
18136 Via Ascenso
4bd / 4.5ba · 5,770 sqft · Single Family
$4.10M
Est. $20,012/mo
17381 Circa Oriente
5bd / 5.5ba · 5,562 sqft · Single Family
$4.30M
Est. $14,074/mo
16947 Avenida Luis
4bd / 3.5ba · 4,542 sqft · Single Family
$4.70M
Est. $12,513/mo
7102 Via De Maya
5bd / 5.5ba · 5,687 sqft · Single Family
$5.50M
Est. $14,373/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 4-bed houses in 92067 · $12,834–$17,877
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$21,939/mo short at 20% down; 95% down or +$28,492/mo rent closes it.
- Break-even price
- $1,379,395
- Break-even rent
- $43,208/mo
- Cashflow at 35% down
- −$17,542/mo
- Down payment to break even
- 95%
- Rate to break even
- Not reachable
68% under asking
$28,492/mo above the estimate
$4,037,500 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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