18338 Avenida Apice
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18338 Avenida Apice

Ctop 80%

Rancho Santa Fe, CA 92067

$4,395,000
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: -$12,494/mo full cashflow at 20% down, 7.43% rate.

Works at $2,768,296 (37% under asking), or at 61% down.

Rent $28,638/mo from 4 leases of 6-bed houses in 92067 ($24,620–$30,336).

Beds

6

Baths

6.5

Sqft

5,998

Year Built

2018

Days on Market

68

Property Type

Single Family

HOA/mo

$790

MLS ID

NDP2608009

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

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About This Property

THIS HOME OWNS THE HORIZON! Ocean, sunset, lake, city-light, mountain and hillside views unfold across this extraordinary Rancho Santa Fe estate, featuring a beautifully appointed fully remodeled detached ADU/Casita beside the spectacular vanishing-edge pool and spa. Designed for luxurious living and exceptional entertaining, this magnificent residence offers breathtaking views in every direction. The detached 768-square-foot ADU/Casita features a full kitchen, private bathroom and expansive floor-to-ceiling glass doors that fold completely open, seamlessly connecting the interior with the outdoors. Enjoy spectacular mountain, hillside and sunset views from this versatile private retreat, ideal for extended family, adult children, overnight guests or a private home office. The main residence offers 5,998 square feet of beautifully proportioned interiors flowing effortlessly to the resort-style outdoor living spaces. Designer window treatments, integrated AV theater and advanced whole-home technology add another level of refinement. The stunning primary suite features a spa-inspired bath and designer custom walk-in closet, while additional bedroom suites offer exceptional comfort and privacy, each with its own private en-suite bath. The outdoor setting features a dramatic vanishing-edge pool and spa, professionally designed landscaping and hardscape, lush mature plantings, an outdoor kitchen, built-in patio heaters, a fire pit and built-in barbecue, creating an inviting setting for entertaining. Located within the exclusive 24-hour guard-gated community of Cielo, residents enjoy an impressive HOA clubhouse with a resort-style pool, world-class fitness center and an array of recreational amenities. This remarkable Cielo estate is the Rancho Santa Fe showstopper—an absolute MUST SEE that will take your breath away!

Mortgage Calculator

Est. Monthly Payment

$30,883

Principal & Interest$24,416
Property Tax$4,395
Insurance$1,282
HOA$790
%($879,000)
%
Loan Term

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.

Investment Score

35C
Est. Monthly Rent
$28,638

4 leases of 6-bed houses in 92067 · $24,620–$30,336

Monthly Cashflow

Rent − PITIA

-$2,245
Full Cashflow

Incl. vacancy, PM, maint, capex

-$12,494

What would make this work?

$12,494/mo short at 20% down; 61% down or +$16,226/mo rent closes it.

Break-even price

37% under asking

$2,768,296
Break-even rent

$16,226/mo above the estimate

$44,864/mo
Cashflow at 35% down
−$7,916/mo
Down payment to break even

$2,680,950 cash

61%
Rate to break even

at 20% down

1.37%

Mortgage (P+I)
$24,416
Cap Rate
3.65%
Cash-on-Cash
-17.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.93

NOI (Annual)
$160,244
Price-to-Rent

Lower = better for investors

12.8

* 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−$12,494/mo