3369 Rocking Horse Cir

3369 Rocking Horse Cir

D

Encinitas, CA 92024

$4,100,000
NEW — 5d on market

Soft Appraisal Value: $4,130,800 · 0.7% below estimate

Beds

5

Baths

6.5

Sqft

4,918

Year Built

1990

Days on Market

5

Property Type

Single Family

HOA/mo

$85

MLS ID

260006863SD

View on MLS

Description

Step into a private hillside retreat where design, nature, and serenity come together in a truly one-of-a-kind estate. Tucked away on a quiet cul-de-sac in Olivenhain Hills, this residence offers exceptional privacy while remaining just minutes from top-rated schools, shopping, and the best of Encinitas and Rancho Santa Fe. Behind custom redwood gates, the property unfolds into eight beautifully designed gardens with curated landscaping from around the world, creating a resort-like, tropical atmosphere. Sweeping coastline views and a tranquil setting blend the relaxed elegance of Hawaii with refined Southern California living. The fully usable grounds feature bamboo groves, lush plantings, a park-like setting, and a fruit orchard all designed for beauty and low maintenance. The home lives primarily as a single level, offering five en-suite bedrooms, including a spacious primary suite on the main floor. An optional junior primary suite upstairs, along with a private movie theater, provides flexibility for guests or multigenerational living. A fully remodeled kitchen anchors expansive living spaces, complemented by a library, office, full bar, and walk-in wine cellar. Indoor-outdoor living shines with multiple fireplaces, a cascading waterfall, and a redesigned saltwater pool, spa, and pool house. Fully paid-off solar, generous parking, and dual access complete this exceptional offering bordering Rancho Santa Fe for ultimate privacy and convenience.

Mortgage Calculator

Est. Monthly Payment

$26,113

Principal & Interest$20,732
Property Tax$4,100
Insurance$1,196
HOA$85
%($820,000)
%

Investment Score

2D
Est. Monthly Rent
$14,741
Monthly Cashflow

Rent − PITI − HOA

$-11,372
Full Cashflow

Incl. vacancy, PM, maint, capex

$-18,179

Mortgage (P+I)
$20,732
Cap Rate
0.75%
Cash-on-Cash
-26.60%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$38,350

NOI (Annual)
$30,635
Price-to-Rent

Lower = better for investors

23.2

* 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.

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