2969 Racetrack View
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2969 Racetrack View

C

Del Mar, CA 92014

$3,995,000

Soft Appraisal Value: $3,226,300 · 23.8% above estimate

Beds

4

Baths

4

Sqft

2,708

Year Built

1987

Days on Market

100

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005717SD

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

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About This Property

Private Resort-Style Single-Level Estate on Nearly One Acre with Detached ADU/Casita Exceptional private estate set on nearly one acre of lush, park-like grounds featuring a detached ADU/casita, ideal for guests, extended family, or multigenerational living. Surrounded by mature landscaping, meandering garden paths, tranquil waterfalls, and a magnificent Torrey Pine, the property offers a true resort-style setting with unmatched privacy and serenity. Designed for seamless indoor-outdoor living, the bright open floor plan features expansive patio doors that connect the main living spaces to spectacular outdoor entertaining areas. The upgraded chef’s kitchen showcases high-end stainless steel appliances, abundant cabinetry, oversized eat-in seating, and a sunny breakfast nook, all opening to the inviting family room and backyard retreat. The luxurious primary suite offers a spa-inspired bath, oversized walk-in closet, fireplace, and private sitting area. All bedrooms are ensuite, providing comfort and privacy throughout the home. Unique architectural details, including ceilings crafted from reclaimed wine vineyard stakes, add warmth and character. Outdoor amenities include expansive patios, two fireplaces, outdoor bar area, and a peaceful spa beside cascading waterfalls—perfect for entertaining or relaxing in total privacy. The detached ADU/casita includes its own parking and private patio, plus a kitchen, den, bedroom, bath, and vaulted ceilings, creating a true private guest retreat. Additional highlights include a three-car attached garage and beautifully designed spaces that blend luxury, comfort, and natural beauty.

Mortgage Calculator

Est. Monthly Payment

$25,361

Principal & Interest$20,201
Property Tax$3,995
Insurance$1,165
%($799,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,527
Monthly Cashflow

Rent − PITIA

$-16,834
Full Cashflow

Incl. vacancy, PM, maint, capex

$-22,124

Mortgage (P+I)
$20,201
Cap Rate
-0.58%
Cash-on-Cash
-33.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.34
Break-even Rent
$37,260

NOI (Annual)
$-23,081
Price-to-Rent

Lower = better for investors

39.0

* 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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