
2399 Ivy Road
Ctop 80%Oceanside, CA 92054Neighborhood: Fire Mountain
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 11, 2026.
Pass at asking: -$10,727/mo full cashflow at 20% down, 7.43% rate.
Works at $752,475 (65% under asking), or at 92% down.
Rent $7,505/mo from 8 leases of houses within 2 mi, same school area, size-adjusted ($6,676–$8,300).
Beds
5
Baths
3
Sqft
3,478
Year Built
1991
Days on Market
96
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2607441
This property is in Oceanside (92054). View neighborhood stats →
About This Property
2399 Ivy Road presents an exceptional opportunity to own a meticulously renovated coastal estate where thoughtful design, modern comfort, and an unbeatable location come together seamlessly. Offering 3,478 square feet of beautifully finished living space with five spacious bedrooms and three full bathrooms, this turnkey residence is ideally located just 2.5 miles from the beach, placing the best of coastal Oceanside right at your doorstep. The home's open-concept floor plan is filled with natural light streaming through all-new energy-efficient windows, creating bright, inviting spaces that flow effortlessly from one room to the next. At the center of the home is a stunning chef's kitchen featuring a large island, custom cabinetry, designer finishes, and generous prep space that naturally becomes the gathering place for family and friends. Just beyond, a sun-filled breakfast nook and thoughtfully designed coffee bar create the perfect setting to begin each morning while overlooking the home's spacious living areas. A versatile main-level flex space offers endless possibilities as a private home office, study, playroom, fitness room, or guest retreat, providing the flexibility today's homeowners are looking for. Every major improvement has already been completed, including all-new windows, a new HVAC system, and carefully selected finishes throughout, allowing the next owner to simply move in and enjoy. Spacious bedrooms, beautifully renovated bathrooms, and an intelligent floor plan combine everyday functionality with timeless style. Outside, the expansive backyard provides abundant room for entertaining, outdoor dining, gardening, a future resort-style pool, or simply enjoying Southern California's year-round climate. A fully paid solar system with an integrated battery backup delivers outstanding energy efficiency, long-term savings, and added peace of mind. Ideally located near premier shopping, restaurants, parks, and convenient freeway access, the home offers exceptional connectivity while embracing the relaxed coastal lifestyle Oceanside is known for. Whether it's a morning at the beach, an afternoon exploring local restaurants, or an evening entertaining at home, everything is just minutes away. Thoughtfully renovated, exceptionally maintained, and perfectly positioned just minutes from the coast, 2399 Ivy Road delivers the space, quality, and lifestyle that define luxury coastal living.
Mortgage Calculator
Est. Monthly Payment
$14,714
Location
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Zoned Schools
Elementary
Palmquist Elementary · grades K-5 · Oceanside Unified
Middle
Lincoln Middle · grades 6-8 · Oceanside Unified
High
Oceanside High · grades 9-12 · Oceanside Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
4 comps foundThis Property
$7,505
Comp Average
$7,008
2318 Loker Way
5bd / 3.5ba · 3,255 sqft · Single Family
$1.85M
Est. $7,260/mo
1706 Grandview Street
5bd / 4ba · 2,495 sqft · Single Family
$2.00M
Est. $7,503/mo
2320 Loker Way
4bd / 3.5ba · 3,100 sqft · Single Family
$1.80M
Est. $6,473/mo
1714 California St.
4bd / 3.5ba · 2,988 sqft · Single Family
$2.59M
Est. $6,797/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules
Investment Score
8 leases of houses within 2 mi, same school area, size-adjusted · $6,676–$8,300
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$10,727/mo short at 20% down; 92% down or +$13,931/mo rent closes it.
- Break-even price
- $752,475
- Break-even rent
- $21,436/mo
- Cashflow at 35% down
- −$8,488/mo
- Down payment to break even
- 92%
- Rate to break even
- Not reachable
65% under asking
$13,931/mo above the estimate
$1,977,080 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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