2912 Managua Place
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2912 Managua Place

Ctop 80%

Carlsbad, CA 92009Neighborhood: Rancho La Costa

$3,150,000
STR closed · outside Carlsbad's Coastal Zone

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 1, 2026.

Pass at asking: -$16,826/mo full cashflow at 20% down, 7.49% rate.

Works at $968,571 (69% under asking), or at 97% down.

Rent $9,703/mo from 11 leases of 5–7 bed houses within 2 mi ($8,802–$12,602).

Beds

6

Baths

5

Sqft

4,799

Year Built

1988

Days on Market

185

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604224

This property is in Carlsbad (92009). View neighborhood stats →

Virtual Tour

About This Property

Welcome to 2912 Managua Place, an exceptional single-family estate nestled in the highly sought after community of La Costa. Privately set on an expansive one acre lot with a long, secluded driveway, this remarkable residence offers 4,799 square feet of thoughtfully designed living space, featuring 6 spacious bedrooms and 4.5 bathrooms. From the moment you arrive, you’re welcomed by a sense of tranquility and privacy, complemented by sweeping panoramic canyon views enjoyed throughout the home. Inside, elegant hardwood and stone flooring create a warm yet sophisticated ambiance. The gourmet kitchen is a chef’s dream—complete with double ovens, gas range, dishwasher, and a large center island perfect for gathering. Adjacent living spaces are both inviting and functional, highlighted by a cozy fireplace in the great room ideal for relaxing evenings. Step outside to your own private retreat, where generous outdoor living spaces and a sparkling swimming pool, and jacuzzi provide the perfect backdrop for entertaining or simply soaking up the year-round sunshine that makes Carlsbad so desirable. Whether shooting hoops on the basketball court, unwinding under a pergola, or tending to the vegetable garden, this backyard paradise offers something for everyone. Just a short drive to the beach, boutique shopping, dining and resorts. No HOA fees or Mello Roos! Appointment only. Please not drive down driveway to preview property without appointment.

Mortgage Calculator

Est. Monthly Payment

$21,672

Principal & Interest$17,603
Property Tax$3,150
Insurance$919
%($630,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    La Costa Meadows Elementary · grades K-5 · San Marcos Unified

  • Middle

    San Elijo Middle · grades 6-8 · San Marcos Unified

  • High

    San Marcos High · grades 9-12 · San Marcos Unified

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

Short-term not available here. Outside Carlsbad's Coastal Zone, where short-term rentals are not allowed. See the rules

Investment Score

5C
Est. Monthly Rent
$9,703

11 leases of 5–7 bed houses within 2 mi · $8,802–$12,602

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$11,969
Full Cashflow

Incl. vacancy, PM, maint, capex

-$16,826

What would make this work?

$16,826/mo short at 20% down; 97% down or +$21,851/mo rent closes it.

Break-even price

69% under asking

$968,571
Break-even rent

$21,851/mo above the estimate

$31,554/mo
Cashflow at 35% down
−$13,525/mo
Down payment to break even

$3,055,500 cash

97%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$17,603
Cap Rate
0.48%
Cash-on-Cash
-32.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.45

NOI (Annual)
$15,150
Price-to-Rent

Lower = better for investors

27.1

* Modelled at 20% down, 7.49% 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.

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CCashflow−$16,826/mo