2501 State Street

2501 State Street #205

D

Carlsbad, CA 92008

$1,999,900
NEW — 5d on market

Beds

2

Baths

2.5

Sqft

2,030

Year Built

2024

Days on Market

5

Property Type

Condo

HOA/mo

$714

MLS ID

260007452SD

Description

Experience the pinnacle of coastal luxury in this stunning 2024 built single-level condo, with ocean views, located within the highly sought after Ocean 17 community! Seamless indoor outdoor living is achieved through elegant sliding glass doors that open to a private patio with great lagoon views, and even peek ocean view, perfect for relaxing or entertaining. Step inside to discover an airy open concept layout enhanced by 9-foot ceilings, 8' solid core doors, custom cabinetry, and designer art lighting throughout. The chef’s kitchen is a true showpiece, featuring an oversized island, sleek quartz countertops, and premium Viking and Fisher & Paykel appliances, including a paneled refrigerator. A large pantry and full laundry room provide exceptional functionality, while generous closet space and additional storage ensure everything has its place. The primary suite is a serene retreat, designed with a spa inspired ambiance that includes a freestanding soaking tub, a large glass-enclosed shower, and refined finishes throughout. Ocean 17 offers an upscale lifestyle with amenities that include a beautiful lobby, elevator access, covered parking, and a stunning shared rooftop deck, an ideal setting to gather, unwind, and take in the coastal surroundings. Modern, luxurious, and perfectly positioned in Carlsbad Village, this exceptional residence truly defines elevated beachside living.

Mortgage Calculator

Est. Monthly Payment

$13,410

Principal & Interest$10,113
Property Tax$2,000
Insurance$583
HOA$714
%($399,980)
%

Investment Score

0D
Est. Monthly Rent
$3,668
Monthly Cashflow

Rent − PITIA

$-9,741
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,252

Mortgage (P+I)
$10,113
Cap Rate
-1.28%
Cash-on-Cash
-36.76%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.27
Break-even Rent
$19,579

NOI (Annual)
$-25,669
Price-to-Rent

Lower = better for investors

45.4

* 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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