18696 Caminito Pasadero

18696 Caminito Pasadero

D

Rancho Bernardo, CA 92128

$699,000

Soft Appraisal Value: $696,600 · 0.3% above estimate

Beds

2

Baths

2

Sqft

1,094

Year Built

1997

Days on Market

10

Property Type

Condo

HOA/mo

$150

MLS ID

260006473SD

Description

Welcome to this beautifully appointed 2-bedroom, 2-bath condo offering approximately 1,100 sq ft of thoughtfully designed living space in the gated community of Mira Lago at Bernardo Vista Del Lago in Rancho Bernardo. Designed to impress, this open-concept floor plan is filled with natural light from multiple windows in every room. The spacious living room is anchored by a cozy fireplace and flows seamlessly into the dining area, making it ideal for both everyday living and entertaining, while offering fantastic views of the community and scenic mountain vistas beyond. The upgraded kitchen is designed for both style and functionality, featuring quartz countertops, stainless steel appliances, and an eye-catching tile backsplash. It opens directly to the main living space, enhancing the home's inviting layout. A highly desirable split-bedroom design offers privacy and versatility, with each bed-room positioned on opposite sides of the home–perfect for hosting guests or accommodating multi-generational living. This property features a Tesla Powerwall 3 solar system, installed in 2025, with 19 panels producing 7 kW of energy and approximately 12 kW of battery storage—designed to meet most, if not all, of the home’s energy needs with added capacity for electric vehicle charging. Highlights include a private one-car garage, roof underlayment replaced in 2024, new refrigerator installed in 2024, exterior paint completed in 2018, and located within the award-winning Poway Unified School District. Residents of Mira Lago at Bernardo Vista Del Lago enjoy resort-style amenities including a pool and spa, separate lap pool, clubhouse, fitness center, sports courts, picnic areas, playground, serene koi pond with fountain, and 24-hour security—all set within beautifully maintained, lush landscaping. There are 2 HOAs for a total of $340/month. Ideally located near the I-15, this home offers convenient access to North County Mall, Lake Hodges, RB Community Park, Rancho Bernardo Inn, Bernardo Winery, San Pasqual Valley, and the San Diego Zoo Safari Park.

Mortgage Calculator

Est. Monthly Payment

$4,587

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$150
%($139,800)
%

Investment Score

3D
Est. Monthly Rent
$2,972
Monthly Cashflow

Rent − PITI − HOA

$-1,616
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,882

Mortgage (P+I)
$3,535
Cap Rate
1.12%
Cash-on-Cash
-24.73%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$6,714

NOI (Annual)
$7,835
Price-to-Rent

Lower = better for investors

19.6

* 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.

Get Expert AnalysisOpen Full Calculator