3000 Sandy Lane

3000 Sandy Lane

D

Del Mar, CA 92014

$49,900,000

Soft Appraisal Value: $45,403,100 · 9.9% above estimate

Beds

4

Baths

4

Sqft

3,888

Year Built

1956

Days on Market

75

Property Type

Single Family

HOA/mo

$6,000

MLS ID

26640707

View on MLS

Description

Once-in-a-lifetime opportunity to own one of the most coveted oceanfront properties in all of Del Mar. Ideally located directly on the sand within the exclusive, private gated enclave of Sandy Lane, comprised of only 12 residences. This fully remodeled coastal estate which feels like brand new construction offers five bedrooms (or four bedrooms plus office) along with a dedicated gym, set on an expansive 14,415 sq ft lot with 50 feet of unobstructed ocean frontage and direct private beach access. From the moment you enter, the sound of crashing waves and refreshing ocean breezes fill the home, with breathtaking views from nearly every room. Designed for both luxury and livability, the residence features an exceptional entertainer's bar and wine cellar, and a chef's kitchen equipped with premium stainless-steel appliances, seamlessly flowing into the family room highlighted by an oversized fireplace. The primary suite, located upstairs, captures dramatic, panoramic ocean views and opens to a private view deck. The spa-inspired primary bath delivers at every level, complete with a built-in sauna. Outdoor living is unparalleled, featuring a spacious oceanfront deck with outdoor kitchen, heaters, fire pit, and retractable shadescreating effortless indoor-outdoor living and unforgettable sunset experiences. Additional highlights include an ADU with 2 bedrooms and full bath and a 2 car garage. The sunset views are truly extraordinary.

Mortgage Calculator

Est. Monthly Payment

$322,776

Principal & Interest$252,322
Property Tax$49,900
Insurance$14,554
HOA$6,000
%($9,980,000)
%

Investment Score

0D
Est. Monthly Rent
$9,643
Monthly Cashflow

Rent − PITIA

$-313,133
Full Cashflow

Incl. vacancy, PM, maint, capex

$-356,934

Mortgage (P+I)
$252,322
Cap Rate
-2.52%
Cash-on-Cash
-42.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.03
Break-even Rent
$473,193

NOI (Annual)
$-1,255,347
Price-to-Rent

Lower = better for investors

431.2

* 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.

Get Expert AnalysisOpen Full Calculator