3244 Olivenhain Farms Rd.

3244 Olivenhain Farms Rd.

D

Encinitas, CA 92024

$5,595,000
NEW — 4d on market

Beds

5

Baths

6

Sqft

7,524

Year Built

2002

Days on Market

4

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603089

Description

Enjoy panoramic views from this custom Spanish/Mediterranean-style Olivenhain hilltop estate. The home features high-end finishes, a grand two-story foyer, elegant living and dining rooms with arched windows with lovely views to the west, Tecate tile flooring, imported Talavera kitchen and bath tiles with matching custom bath sinks and expertly detailed custom doors & woodwork throughout. The main floor offers a spacious primary suite with two patios, luxurious bath, walk-in closet, a separate office with private entrance, guest ensuite, large kitchen with premium appliances, and family room with Alderwood built-ins and fireplace. Upstairs includes a second primary with ensuite and walk-in closet, additional bedroom with ensuite and walk-in closet, custom home theater room (convertible to a bedroom), and library with Juliet balcony overlooking the foyer. 4 HV-AC units with 6 zones and owned solar. The fully fenced backyard has a pool and spa with both gas and solar heat, and solar electric system. The acreage allows space for amenities like a sport court, stable or orchard. There is also an approximately 1,300 sq ft 4-car extra deep garage with storage in this private hilltop estate.

Mortgage Calculator

Est. Monthly Payment

$35,518

Principal & Interest$28,291
Property Tax$5,595
Insurance$1,632
%($1,119,000)
%

Investment Score

0D
Est. Monthly Rent
$11,531
Monthly Cashflow

Rent − PITIA

$-23,987
Full Cashflow

Incl. vacancy, PM, maint, capex

$-31,302

Mortgage (P+I)
$28,291
Cap Rate
-0.65%
Cash-on-Cash
-33.57%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.32
Break-even Rent
$52,183

NOI (Annual)
$-36,128
Price-to-Rent

Lower = better for investors

40.4

* 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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