2122 Del Mar Heights Road

2122 Del Mar Heights Road

D

Del Mar, CA 92014

$4,950,000

Soft Appraisal Value: $4,705,900 · 5.2% above estimate

Beds

4

Baths

4

Sqft

3,859

Year Built

1995

Days on Market

30

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602183

Description

Exceptionally quiet—this beautifully renovated Del Mar home offers a quiet and private coastal retreat with sweeping ocean views from all three levels. A substantial privacy wall separates the residence from Del Mar Heights Road, creating peaceful interiors while positioning the home perfectly to capture breathtaking sunsets over the home’s breathtaking ocean views. The home’s main outdoor living spaces are thoughtfully oriented toward the alley side of the property, where you’ll enjoy expansive ocean views and a tranquil setting free from street noise. This unique layout also provides easy and convenient access to the garage from the alley, making daily arrivals and departures effortless. Inside, the home is generously sized and designed for both comfort and entertaining. A spacious secondary bonus living area creates the perfect environment for a media room, kids’ lounge, or guest retreat. This level also features a custom bar, an additional powder room, and a hidden wine storage closet, making it an ideal space for hosting gatherings or giving family and guests their own private area within the home. Recently renovated throughout, the residence showcases beautiful coastal finishes with an updated kitchen and fully remodeled bathrooms that blend timeless design with modern functionality. With ocean views from every level, exceptional privacy, and a central location walkable to the Del Mar Plaza, Board & Brew, Darshan Bakery, and all that Del Mar has to offer, this home presents a rare opportunity to enjoy the coastal lifestyle with both convenience and tranquility.

Mortgage Calculator

Est. Monthly Payment

$31,424

Principal & Interest$25,030
Property Tax$4,950
Insurance$1,444
%($990,000)
%

Investment Score

0D
Est. Monthly Rent
$8,141
Monthly Cashflow

Rent − PITIA

$-23,283
Full Cashflow

Incl. vacancy, PM, maint, capex

$-29,280

Mortgage (P+I)
$25,030
Cap Rate
-1.03%
Cash-on-Cash
-35.49%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.26
Break-even Rent
$46,167

NOI (Annual)
$-51,005
Price-to-Rent

Lower = better for investors

50.7

* 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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