271 Ocean View Avenue

271 Ocean View Avenue

D

Del Mar, CA 92014

$10,450,000
NEW — 1d on market

Beds

4

Baths

4.5

Sqft

5,472

Year Built

2005

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601968

Description

Sweeping panoramic ocean and sunset views define this modern Santa Barbara–style 4-bedroom, 4.5-bath estate, a masterpiece of design by renowned architect Ron Wilson. Set on nearly 18,000 square feet of lush, private grounds, this Del Mar luxury residence captures the essence of Southern California’s coastal lifestyle, where architectural artistry and natural beauty meet. Every vantage point reveals the Pacific in all its brilliance, with radiant sunsets painting the horizon nightly. The resort-inspired grounds feature tranquil garden seating, meditation areas, and tropical landscaping, offering total privacy and serenity. Inside, 5,472 square feet of refined living space flow seamlessly between open-concept gathering areas and intimate retreats. The great room, anchored by a chef’s kitchen with Sub-Zero and Wolf appliances, custom cabinetry, and designer stone finishes, opens to an expansive terrace with an infinity-edge pool, spa, and ocean-view dining pavilion—ideal for entertaining or simply savoring Del Mar’s signature sunsets. The estate also features a lush grassy lawn and landscaped garden areas. The primary suite offers a peaceful retreat with breathtaking ocean vistas, dual walk-in closets, and a spa-inspired bath featuring a soaking tub and oversized shower. Three additional en-suite guest bedrooms ensure comfort and privacy for family and visitors, while a private home theater creates the perfect space for cozy movie nights. Additional highlights include a home elevator, two-car garage with carport, and an approved site for a future ADU or guest casita. The property includes professional conceptual site plans illustrating potential placement and design for a luxury guest house or caretaker’s quarters, offering flexibility for future expansion. Contact the listing agent to review these conceptual ADU site plans and envision the possibilities of enhancing this extraordinary estate. Just moments from Del Mar Village’s upscale boutiques, cafés, and world-class beaches, this residence is also minutes from the iconic Del Mar Racetrack, where celebrities, dignitaries, and global guests gather each year for the Breeders’ Cup and summer racing season. For generations, Del Mar has been the playground of the rich and famous, celebrated for its relaxed elegance and coastal glamour—a legacy that continues to define this coveted seaside enclave. Experience the art of coastal luxury living—architectural excellence, privacy, and panoramic ocean views in perfect harmony.

Mortgage Calculator

Est. Monthly Payment

$66,339

Principal & Interest$52,841
Property Tax$10,450
Insurance$3,048
%($2,090,000)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$5,863
Monthly Cashflow

Rent − PITI − HOA

$-60,476
Full Cashflow

Incl. vacancy, PM, maint, capex

$-70,533

Mortgage (P+I)
$52,841
Cap Rate
-2.03%
Cash-on-Cash
-34.72%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.11
Break-even Rent
$66,339

NOI (Annual)
$-212,302
Price-to-Rent

Lower = better for investors

148.5

* Defaults: 20% down, 6.5% rate, 30yr.

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