216 Ocean St.
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216 Ocean St.

D

Solana Beach, CA 92075

$9,995,000
NEW — 0d

Beds

5

Baths

4

Sqft

4,114

Year Built

2019

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605467

This property is in Solana Beach (92075). View neighborhood stats →

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About This Property

· Exclusive Private Beach Access · Ocean Views and seamless indoor-outdoor living · Over 4,100 sqft, 5+ BR · Owned Solar + Whole House Water Softener · Newer 2019 Build Tucked within Solana Beach’s coveted “Pocket of Paradise,” this custom modern residence offers an exceptional blend of luxury, privacy, and coastal living with exclusive private beach access reserved for just 24 homes within the enclave. Designed through a masterful collaboration between renowned Nielsen Construction and Stephan Dalton Architects, the home spans over 4,100 square feet with 5+ bedrooms, 4 baths, and a versatile multi-purpose bonus room. Thoughtfully designed for seamless indoor-outdoor living, the residence showcases refined architectural lines, designer finishes, abundant natural light, and a functional open-concept floor plan ideal for both everyday living and entertaining. Expansive living spaces flow effortlessly to outdoor entertaining areas complete with an oversized spa, creating the perfect setting to enjoy ocean breezes and sunset skies. Additional highlights include owned solar, whole-house water softener system, and an unbeatable location just moments from the beach, Cedros Design District, restaurants, shopping, and all that Solana Beach has to offer. A rare opportunity to experience elevated coastal living in one of North County’s most sought-after seaside communities.

Mortgage Calculator

Est. Monthly Payment

$63,450

Principal & Interest$50,540
Property Tax$9,995
Insurance$2,915
%($1,999,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$18,742
Monthly Cashflow

Rent − PITIA

$-44,708
Full Cashflow

Incl. vacancy, PM, maint, capex

$-57,348

Mortgage (P+I)
$50,540
Cap Rate
-0.82%
Cash-on-Cash
-34.43%
DSCR

Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$93,220

NOI (Annual)
$-81,694
Price-to-Rent

Lower = better for investors

44.4

* 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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