3537 Corte Lupe
Ctop 80%Carlsbad, CA 92009
Pass at asking: -$8,563/mo full cashflow at 20% down, 7.43% rate.
Works at $574,997 (66% under asking), or at 93% down.
Rent $5,963/mo from 11 leases of 3–5 bed houses within 1 mi ($5,668–$6,587).
Beds
4
Baths
3
Sqft
2,569
Year Built
2001
Days on Market
0
Property Type
Single Family
HOA/mo
$175
MLS ID
NDP2610099
This property is in Carlsbad (92009). View neighborhood stats →
About This Property
Welcome to this exceptional craftsmanship home with Resort-Style Living in Carlsbad! Nestled on a quiet cul-de-sac, this extraordinary two-story residence offers an impressive blend of timeless elegance, thoughtful design, and seamless indoor-outdoor living. Featuring 4 bedrooms plus versatile bonus room, 3-car garage, and Owned Solar! Step inside to through the custom entry gate to discover an impressive living room that showcases soaring vaulted ceilings, abundant natural light, a custom built-in entertainment center, and double French doors opening to a charming private courtyard. Elegant travertine flooring graces the main level, complemented by wood-look tile upstairs, and carpeting in the bedrooms. The gourmet chef's kitchen is beautifully appointed with a Viking range, KitchenAid stainless steel appliances, rich wood cabinetry, granite countertops, wine rack, and beverage refrigerator. A convenient kitchen pass-through window seamlessly connects the indoor kitchen to the spectacular outdoor kitchen and entertaining area. The expansive backyard is an entertainer's dream, the approximately 750-square-foot tiled outdoor living area features a 450-square-foot covered lanai. Enjoy a fully equipped outdoor kitchen featuring a built-in BBQ grill, hibachi grill, full-size refrigerator, and bar sink, fire table, and multiple inviting seating areas. Retreat to the spacious primary suite, where a beautifully custom built bathroom, separate his-and-hers walk-in closets, and a private balcony with scenic mountain views create a personal sanctuary. Step outside to through the French doors to enjoy the jacuzzi tub and outdoor shower, with a spiral staircase providing convenient access to the lower-level outdoor living areas. The thoughtfully designed home offers flexible bedrooms and bonus spaces. A downstairs office/bonus room with a full bathroom with its private entrance, which can be easily converted to a Junior ADU or a 5th Bedroom. Upstairs, an additional versatile space can serve as an office, game room, media room, or optional bedroom. Enjoy low HOA fees with access to community amenities, including a swimming pool, spa, and playground. Conveniently located near schools, shopping, dining, and Carlsbad's beautiful beaches and recreational attractions! This home provides endless possibilities for entertaining, relaxation, and multigenerational living. Schedule a tour today!
Mortgage Calculator
Est. Monthly Payment
$11,747
Location
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Comparable Properties
5 comps foundThis Property
$5,963
Comp Average
$6,104
8040 Corte Sasafras
4bd / 3ba · 2,716 sqft · Single Family
$2.00M
Est. $7,280/mo
2190 Corte Acebo
4bd / 3ba · 2,349 sqft · Single Family
$1.85M
Est. $6,342/mo
6069 Paseo Monona
4bd / 2.5ba · 2,269 sqft · Single Family
$1.70M
Est. $5,673/mo
7007 Via Padilla
4bd / 3ba · 2,372 sqft · Single Family
$1.70M
Est. $5,582/mo
3106 Corte Nina
4bd / 3ba · 2,345 sqft · Single Family
$1.75M
Est. $5,643/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 3–5 bed houses within 1 mi · $5,668–$6,587
Blended 50/50 with the zip's market median ($6,114)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$8,563/mo short at 20% down; 93% down or +$11,121/mo rent closes it.
- Break-even price
- $574,997
- Break-even rent
- $17,084/mo
- Cashflow at 35% down
- −$6,803/mo
- Down payment to break even
- 93%
- Rate to break even
- Not reachable
66% under asking
$11,121/mo above the estimate
$1,571,700 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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