3216 Lower Ridge Road
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3216 Lower Ridge Road

D

Carmel Valley, CA 92130

$2,687,000
NEW — 1d

Soft Appraisal Value: $2,600,600 · 3.3% above estimate

Beds

4

Baths

2.5

Sqft

2,699

Year Built

1984

Days on Market

1

Property Type

Single Family

HOA/mo

$56

MLS ID

260013773SD

This property is in Carmel Valley (92130). View neighborhood stats →

About This Property

Welcome to this beautifully appointed 4BR, 2.5BA residence, thoughtfully designed for both comfort and entertaining, and ideally situated in the highly sought-after San Dieguito Union High School District. The thoughtfully designed floor plan features a first-floor primary suite, creating a private retreat complete with a cozy fireplace and tranquil views through a set of glass, double French doors overlooking the spectacular resort-style backyard. Fully paid solar electric panels and solar pool heater. The chef-inspired gourmet kitchen is outfitted with premium Viking stainless steel appliances, including a gas range, double ovens, a broiler, a microwave, and an oversized refrigerator—perfect for everyday living and effortless entertaining. Enjoy the convenience of being walking distance to an award-winning elementary school and just minutes from beautiful beaches, shopping, dining, and coastal amenities. Also, very close to the Del Mar beaches and restaurants. Designed for comfort, efficiency, and peace of mind, this home includes fully paid solar panels, a solar pool heating system, dual-zone HVAC with two A/C units and furnaces, a whole-house water filtration system, and a tankless water heater. The large pool has been resurfaced with new travertine coping. Washer/dryer and light fixtures will be conveyed.

Mortgage Calculator

Est. Monthly Payment

$17,114

Principal & Interest$13,587
Property Tax$2,687
Insurance$784
HOA$56
%($537,400)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,802
Monthly Cashflow

Rent − PITIA

$-10,312
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,116

Mortgage (P+I)
$13,587
Cap Rate
-0.24%
Cash-on-Cash
-31.52%
DSCR

Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$25,134

NOI (Annual)
$-6,344
Price-to-Rent

Lower = better for investors

32.9

* 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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