2705 Highland Drive
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2705 Highland Drive

D

Carlsbad, CA 92008

$2,785,000
NEW — 0d

Soft Appraisal Value: $2,690,000 · 3.5% above estimate

Beds

4

Baths

3.5

Sqft

2,723

Year Built

2011

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604344

This property is in Carlsbad (92008). View neighborhood stats →

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About This Property

OCEAN VIEWS from all main living areas - you MUST see them in person! Nestled on the coveted west side of one of Olde Carlsbad's most desirable streets, 2705 Highland Drive is your gateway to elevated SoCal coastal living. Imagine a lifestyle defined by easy access to the beach and vibrant Carlsbad Village, with an array of dining, shopping, and entertainment offerings just minutes away. Best of all, come home to enjoy 180° ocean views as you take in the sunset from your kitchen, living and dining rooms and decks! This 2011 custom build features incredibly strong bones, with 4 bedrooms, 4 bathrooms, and approx 2723 square feet in the main house. The sun-drenched interiors are highlighted by vaulted ceilings, wood beams, warm bamboo flooring with elegant mahogany accents, and luxury appliances. Enjoy the ultimate indoor/outdoor flow with expansive views extending from the main living areas—the kitchen, dining, and family rooms—and across multiple decks. Outside, you have your very own island paradise, surrounded by swaying palms, lush landscaping, and room for a spa or pool. The ocean views and tropical trees are visible from everywhere in the home due to the large windows and skylights everywhere you look. The extra deep garage allows for 2 cars plus all your boards, bikes, toys and tools. A rare and valuable feature of this property is the the newly built detached ADU (near completion) with 1 bedroom and 1 bathroom. This private, approximately 450ft² sanctuary offers its own kitchen, laundry hookups, and private entrance, while presenting various solutions for multi-generational living, a premium rental income stream, or a dedicated, executive-level home office/studio. This home is a great investment with it's prime location in a classic beach community. If you’ve been waiting for the west side of Highland Drive, NOW’S YOUR CHANCE!

Mortgage Calculator

Est. Monthly Payment

$17,680

Principal & Interest$14,082
Property Tax$2,785
Insurance$812
%($557,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,690
Monthly Cashflow

Rent − PITIA

$-11,989
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,619

Mortgage (P+I)
$14,082
Cap Rate
-0.66%
Cash-on-Cash
-33.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.32
Break-even Rent
$25,974

NOI (Annual)
$-18,438
Price-to-Rent

Lower = better for investors

40.8

* 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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