239 4th St
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239 4th St

D

Encinitas, CA 92024

$8,800,000
NEW — 1d

Soft Appraisal Value: $8,274,700 · 6.3% above estimate

Beds

5

Baths

3

Sqft

2,911

Year Built

2022

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604472

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Built by award-winning dasMOD and just moments from the sand at Moonlight Beach, this recently constructed Scandinavian-modern residence captures the essence of elevated coastal living with unobstructed whitewater ocean views, without the bluff stability concerns often associated with comparable oceanfront properties. Thoughtfully designed to embrace both beauty and functionality, the home blends sleek modern architecture with warm natural materials, clean lines, and an inviting neutral palette inspired by timeless Scandinavian design. Spanning approximately 2,911 square feet with 5 bedrooms and 3 bathrooms, the residence is filled with natural light through expansive walls of glass that create a seamless indoor-outdoor connection and welcome in the ocean breeze. The open living spaces flow effortlessly to multiple outdoor areas, highlighted by an approximately 300 SF rooftop deck complete with a jacuzzi and panoramic sunset views over the Pacific, an ideal setting for entertaining or unwinding after a day at the beach. Designed for modern flexibility, the fully self-contained basement suite offers exceptional versatility with two bedrooms, one bathroom, a private entrance, and separate laundry facilities, making it ideal for extended family, guests, staff accommodations, or potential income opportunities. A rare luxury this close to the coast, the property also features a two-car garage plus generous off-street driveway parking for multiple vehicles. Combining striking design, practical livability, and an unbeatable location near one of Encinitas’ most iconic beaches, this is a rare opportunity to own a truly exceptional coastal retreat where surfing, dining, sunsets, and the best of beachside living are all just outside your door.

Mortgage Calculator

Est. Monthly Payment

$55,864

Principal & Interest$44,498
Property Tax$8,800
Insurance$2,567
%($1,760,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$14,615
Monthly Cashflow

Rent − PITIA

$-41,250
Full Cashflow

Incl. vacancy, PM, maint, capex

$-51,944

Mortgage (P+I)
$44,498
Cap Rate
-1.02%
Cash-on-Cash
-35.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.26
Break-even Rent
$82,075

NOI (Annual)
$-89,361
Price-to-Rent

Lower = better for investors

50.2

* 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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