2977 Ocean Street

2977 Ocean Street

D

Carlsbad, CA 92008

$10,250,000

Soft Appraisal Value: $9,669,500 · 6.0% above estimate

Beds

6

Baths

7

Sqft

4,564

Year Built

1958

Days on Market

271

Property Type

Single Family

HOA/mo

N/A

MLS ID

250032918SD

Description

Experience unparalleled coastal living, an extraordinary oceanfront property spanning 75 feet of ocean frontage, nestled in the heart of Carlsbad Village. This premier location grants you immediate access to the finest dining, shopping, and coffee shops, making it a hub for a vibrant lifestyle. Positioned directly on one of the most coveted sandy beaches along the coast, this estate offers breathtaking ocean views from nearly every room and direct beach access. The oversized outdoor decks are perfect for hosting extravagant oceanfront events, weddings, and endless entertainment. Approximately 4,564 square feet on a generous 10,473 square-foot lot, this beach compound features six bedrooms, plus two optional bedrooms, and seven full bathrooms. Crafted with a focus on maximizing stunning ocean vistas, the interior boasts a custom kitchen with floor-to-ceiling windows, a spacious living area with a cozy fireplace, multiple courtyards and decks, an outdoor shower, an attached three-car garage, and incredible privacy. Whether you are looking for a coastal compound, investment opportunity, or both, your oceanfront oasis awaits!

Mortgage Calculator

Est. Monthly Payment

$65,069

Principal & Interest$51,830
Property Tax$10,250
Insurance$2,990
%($2,050,000)
%

Comparable Properties

1 comp found

This Property

$9,785

vs

Comp Average

$10,646

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$9,785
Monthly Cashflow

Rent − PITIA

$-55,285
Full Cashflow

Incl. vacancy, PM, maint, capex

$-66,077

Mortgage (P+I)
$51,830
Cap Rate
-1.67%
Cash-on-Cash
-38.68%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.15
Break-even Rent
$95,599

NOI (Annual)
$-170,967
Price-to-Rent

Lower = better for investors

87.3

* 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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