3501 Lone Hill Lane
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3501 Lone Hill Lane

Dbottom 20%

Encinitas, CA 92024Neighborhood: Olivenhain

$3,595,000
STR: check · no permits on this tract · TOT 10%

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 11, 2026.

None of the 57 homes on this home's recorded tract holds a short-term rental permit, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$21,279/mo full cashflow at 20% down, 7.43% rate.

Works at $824,571 (77% under asking); even all cash loses money at asking.

Rent $8,367/mo from 14 leases of 4–6 bed houses within 2 mi ($7,372–$10,097).

Beds

5

Baths

4.5

Sqft

4,575

Year Built

2000

Days on Market

92

Property Type

Single Family

HOA/mo

$110

MLS ID

260019526SD

This property is in Encinitas (92024). View neighborhood stats →

Virtual Tour

About This Property

Located within the prestigious gated community of Knightsbridge Estates, this exceptional single-story estate offers luxury, privacy, and effortless indoor-outdoor living on two beautifully designed acres. The resort-style backyard is an entertainer’s dream with a sparkling pool, separate hot tub area, multi-use sport court ideal for pickleball, volleyball and more, built-in BBQ, fire pit with seating, expansive patios, lush lawn, tranquil water features, and intimate garden spaces.The highly desirable floor plan provides excellent separation of space. The generous primary suite and private office or optional ensuite bedroom occupy one wing, while three additional bedrooms and a spacious bonus room are located on the opposite side. Walls of windows fill the home with natural light and showcase the spectacular grounds.The gourmet kitchen features a Viking range, four ovens, abundant workspace, and premium finishes. The primary retreat includes a fireplace, spa-inspired bath, and dual oversized walk-in closets. Additional highlights include plantation shutters, a spacious laundry room with extensive storage, oversized four-car garage, owned solar, and ample guest parking.The lower portion of the property has separate access and is zoned for up to two horses, offering exciting possibilities for equestrian use or a potential ADU. With low HOA fees and resort-style grounds, this is truly a private retreat.

Mortgage Calculator

Est. Monthly Payment

$24,725

Principal & Interest$19,972
Property Tax$3,595
Insurance$1,049
HOA$110
%($719,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Olivenhain Pioneer Elementary · grades K-6 · Encinitas Union Elementary

  • Middle

    Diegueno Middle · grades 7-8 · San Dieguito Union High

  • High

    La Costa Canyon High · grades 9-12 · San Dieguito Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$8,367

14 leases of 4–6 bed houses within 2 mi · $7,372–$10,097

Monthly Cashflow

Rent − PITIA

-$16,359
Full Cashflow

Incl. vacancy, PM, maint, capex

-$21,279

What would make this work?

$21,279/mo short at 20% down; +$27,635/mo rent closes it.

Break-even price

77% under asking

$824,571
Break-even rent

$27,635/mo above the estimate

$36,002/mo
Cashflow at 35% down
−$17,534/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$19,972
Cap Rate
-0.30%
Cash-on-Cash
-35.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.34

NOI (Annual)
-$10,667
Price-to-Rent

Lower = better for investors

35.8

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$21,279/mo