2038 Ridgeline Avenue

2038 Ridgeline Avenue

C

Vista, CA 92081

$1,200,000

Soft Appraisal Value: $1,185,400 · 1.2% above estimate

Beds

4

Baths

3

Sqft

2,259

Year Built

1991

Days on Market

50

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604079

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

Virtual Tour

About This Property

15 minutes to the beach! No HOA! Full bedroom and bathroom downstairs! On the Carlsbad Vista border! RV parking! Welcome home to 2038 Ridgeline, a beautifully remodeled 4-bedroom , 3-bathroom home nestled in the highly desirable Shadowridge community. Short walk to Buena Vista park and separate dog park. Situated on a quiet cul-de-sac with a spacious lot, this light-filled residence showcases soaring vaulted ceilings and a thoughtfully designed layout perfect for modern living—including a convenient main-level bedroom and full bathroom. Step inside to discover a bright and open interior featuring a formal living and dining room, seamlessly flowing into a stunning, fully updated kitchen that opens to the family room. The kitchen is a true showstopper, boasting all-new soft-close cabinetry, sleek quartz countertops, and brand-new appliances—ideal for both everyday living and entertaining. Extensive upgrades throughout the home include new luxury vinyl flooring, dual-pane windows, recessed lighting, fresh interior paint, a new heater and A/C system, and a new water heater. All bathrooms have been completely remodeled with stylish new vanities, updated countertops, and floor-to-ceiling tile. The Jack-and-Jill bathroom features a deep soaking tub, while the downstairs bath includes a newly updated shower and vanity. The roof was also recently redone. Enjoy the benefits of NO HOA and an unbeatable location just a short walk to Buena Vista Park, scenic trails, a dog park, a championship golf course, and a peaceful duck pond. You’re also just a few minutes from Carlsbad, Bressi Ranch, and only 15 minutes from the beach—offering the perfect blend of tranquility and convenience. Shadowridge is known for its lush landscaping, rolling hill views, and welcoming atmosphere, making it one of Vista’s most sought-after neighborhoods. This home truly has too many upgrades to list and must be seen in person to be fully appreciated.

Mortgage Calculator

Est. Monthly Payment

$7,618

Principal & Interest$6,068
Property Tax$1,200
Insurance$350
%($240,000)
%

Location

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Investment Score

10D
Est. Monthly Rent
$4,598
Monthly Cashflow

Rent − PITIA

$-3,020
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,077

Mortgage (P+I)
$6,068
Cap Rate
0.99%
Cash-on-Cash
-25.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$11,192

NOI (Annual)
$11,886
Price-to-Rent

Lower = better for investors

21.7

* 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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