1953 Wellington Ln
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1953 Wellington Ln #4

A

Vista, CA 92081

$485,800
NEW — 4d

Soft Appraisal Value: $484,900 · 0.2% above estimate

Beds

2

Baths

1.5

Sqft

863

Year Built

1984

Days on Market

4

Property Type

Condo

HOA/mo

$455

MLS ID

260016701SD

This property is in Vista (92081). View neighborhood stats →

About This Property

Welcome home to this beautifully remodeled upper-level condo in the highly desirable Shadowridge community. Featuring vaulted ceilings and luxury vinyl plank flooring, this light and airy residence offers both style and comfort in a thoughtfully designed layout. The inviting living room is highlighted by a contemporary tile-faced fireplace, creating the perfect space to relax or entertain. The upgraded kitchen showcases slab granite countertops, crisp white cabinetry with modern hand-pulls and soft-close hinges for a polished finish. The spacious bathroom features slab granite countertops, tile flooring, two separate vanity areas, and newer fixtures, providing both convenience and functionality. Additional amenities include in-unit full-size stacked laundry, air conditioning, copper plumbing, and a private storage room conveniently located off the deck/balcony entry. Ideally situated within the community, this home has a great view of the nearby the pool/spa while enjoying a peaceful location facing away from the traffic noise of Shadowridge Drive. The well-designed floor plan makes excellent use of space in this conveniently located complex, and HOA fees include water, sewer, and trash for added value and ease of living. This is an exceptional opportunity to enjoy upgraded living in one of the area's most sought-after master-planned communities. Shadowridge is for those who value walkability within a neighborhood, outdoor recreation, and an established residential environment. It also offers a more affordable North County alternative to nearby coastal neighborhoods. Shadowridge is for people who value walkability within a neighborhood, outdoor recreation, and an established residential environment. It also offers a more affordable North County alternative to coastal neighborhoods while still staying relatively close to the beach. There's lots of recreation nearby, including parks, trails, playgrounds, tennis and basketball courts, and the Shadowridge Golf Club. The community is often described as attractive and mature, with landscaped streets, underground utilities, and distinct sub-neighborhoods that still feel cohesive. That combination makes it appealing to buyers who want a suburban setting without feeling isolated.

Mortgage Calculator

Est. Monthly Payment

$3,539

Principal & Interest$2,456
Property Tax$486
Insurance$142
HOA$455
%($97,160)
%

Location

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Investment Score

56B
Est. Monthly Rent
$2,982
Monthly Cashflow

Rent − PITIA

$-557
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,648

Mortgage (P+I)
$2,456
Cap Rate
2.00%
Cash-on-Cash
-20.35%
DSCR

Need ≥ 1.25 for DSCR loan

0.84
Break-even Rent
$5,122

NOI (Annual)
$9,702
Price-to-Rent

Lower = better for investors

13.6

* 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.

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