265 Sanford St.

265 Sanford St.

Dbottom 20%

Encinitas, CA 92024Neighborhood: Leucadia

$3,895,000
NEW — 1d
STR-eligible · Encinitas, 3-night minimum · TOT 10%

57 licensed short-term rentals within ½ mile (45 whole home), from the cities' license and permit lists of Nov 14, 2026.

Pass at asking: -$23,205/mo full cashflow at 20% down, 7.36% rate.

Works at $858,597 (78% under asking); even all cash loses money at asking.

Rent $8,521/mo from 8 leases of 4-bed houses within 2 mi ($8,762–$11,792).

Beds

4

Baths

5

Sqft

3,193

Year Built

2007

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260027024SD

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

About This Property

Welcome to 265 Sanford Street, an extraordinary coastal retreat in the heart of Leucadia, completely reimagined with uncompromising attention to detail. No expense was spared in creating this sophisticated residence, where timeless materials, exquisite craftsmanship, and elevated design come together beautifully. Soaring ceilings, expansive new windows, and gorgeous European white oak floors set the stage for effortless luxury. The showstopping chef's kitchen features custom slim-shaker white oak cabinetry, stunning honed Brazilian Taj Mahal quartzite countertops, a premium Thermador appliance suite, and a sculptural plaster range hood. Artisan plaster accents on the fireplace and dining room walls add warmth and architectural elegance. Upstairs, all four bedrooms offer comfort and privacy, highlighted by a luxurious primary sanctuary with a spacious walk-in closet and spa-inspired bath featuring hand-finished plaster, natural Eco Outdoor stone flooring, a soaking tub, and custom vanities. Designer tile selections and refined finishes elevate the additional bathrooms and upstairs laundry room. Fresh exterior paint and all-new landscaping create beautiful curb appeal, while the entertainer's backyard boasts a built-in BBQ, large seating area and low-maintenance turf. Just moments from Leucadia Oaks Park and the vibrant Highway 101, with its celebrated restaurants, boutiques, and beaches. For the discerning buyer seeking exceptional design, turnkey luxury, and an unbeatable coastal lifestyle, this is Leucadia living at its finest. No HOA!

Mortgage Calculator

Est. Monthly Payment

$26,521

Principal & Interest$21,490
Property Tax$3,895
Insurance$1,136
%($779,000)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Paul Ecke-Central Elementary · grades K-6 · Encinitas Union Elementary

  • Middle

    Diegueno Middle · grades 7-8 · San Dieguito Union High

  • High

    La Costa Canyon High · grades 9-12 · San Dieguito Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$8,521

8 leases of 4-bed houses within 2 mi · $8,762–$11,792

Blended 50/50 with the zip's market median ($7,396)

Monthly Cashflow

Rent − PITIA

-$18,000
Full Cashflow

Incl. vacancy, PM, maint, capex

-$23,205

What would make this work?

$23,205/mo short at 20% down; +$30,137/mo rent closes it.

Break-even price

78% under asking

$858,597
Break-even rent

$30,137/mo above the estimate

$38,658/mo
Cashflow at 35% down
−$19,176/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$21,490
Cap Rate
-0.40%
Cash-on-Cash
-35.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.32

NOI (Annual)
-$15,475
Price-to-Rent

Lower = better for investors

38.1

* Modelled at 20% down, 7.36% 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.

Open Full Calculator
DCashflow−$23,205/mo