280 Torrey Pines Terrace
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280 Torrey Pines Terrace

C

Del Mar, CA 92014

$7,499,000
NEW — 0d

Soft Appraisal Value: $7,096,700 · 5.7% above estimate

Beds

4

Baths

3.5

Sqft

3,402

Year Built

2000

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606685

This property is in Del Mar (92014). View neighborhood stats →

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About This Property

Among the most exceptional offerings in Old Del Mar, this remarkable property presents a rare combination of panoramic ocean views, architectural significance, privacy, and endless potential, all set on an exceptionally large parcel in one of Southern California's most coveted coastal neighborhoods. Originally commissioned in the 1950s by U.S. Steel as a prototype home with the assistance of architect John Lloyd Wright, the residence reflects subtle Mid-Century influences, abundant natural light, and a seamless connection to its extraordinary setting. Sweeping ocean views unfold from both the front and rear of the home, spanning from Torrey Pines State Beach and La Jolla to the south, north to the Channel Islands, creating an ever-changing coastal backdrop from sunrise to sunset. Walls of glass, generous living spaces, and an effortless indoor-outdoor flow embrace Southern California's year-round lifestyle, while the expansive grounds provide a remarkable sense of privacy just moments from the village, world-class beaches, restaurants, and scenic coastal trails. Whether enjoyed in its current form or thoughtfully reimagined, the property presents an extraordinary opportunity to create a legacy estate. Defined by its oversized parcel, architectural pedigree, breathtaking ocean views, and coveted Old Del Mar location, this is a once-in-a-generation offering that is as timeless as it is rare.

Mortgage Calculator

Est. Monthly Payment

$47,605

Principal & Interest$37,919
Property Tax$7,499
Insurance$2,187
%($1,499,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$10,105
Monthly Cashflow

Rent − PITIA

$-37,500
Full Cashflow

Incl. vacancy, PM, maint, capex

$-46,073

Mortgage (P+I)
$37,919
Cap Rate
-1.30%
Cash-on-Cash
-36.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.21
Break-even Rent
$69,941

NOI (Annual)
$-97,852
Price-to-Rent

Lower = better for investors

61.8

* 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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