3540 Ridgecrest
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3540 Ridgecrest

C

Carlsbad, CA 92008

$2,295,000
NEW — 0d

Beds

3

Baths

2

Sqft

2,023

Year Built

1964

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014286SD

This property is in Carlsbad (92008). View neighborhood stats →

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About This Property

West of El Camino Real on a quiet private street, this beautifully remodeled 3-bedroom + office home offers space, privacy, and the coveted Carlsbad coastal lifestyle. Located just 2 miles from the beach and Carlsbad Village, and near top-rated schools including Magnolia Elementary and Carlsbad High School, the home sits on an expansive nearly 25,000 SF lot with stunning valley and mountain views. Thoughtfully updated throughout, the main level features vaulted ceilings, skylights, luxury vinyl plank flooring, and a designer chef’s kitchen with custom cabinetry, quartz countertops, Moroccan zellige tile backsplash, walk-in pantry, oversized island, and wine-fridge space. Two finished bonus rooms downstairs provide flexible space for a gym, playroom, media room, guest quarters, or multigenerational living. The spacious primary suite enjoys peaceful views, a bay window, and a spa-inspired walk-in shower. Major upgrades include new plumbing and sewer line, replaced gas lines, updated electrical with sub-panel, new garage door, and fresh interior and exterior paint. Outdoor living shines with a new Trex deck, large grassy yard, vegetable and herb gardens, mature landscaping, retractable awning, and multiple entertaining areas. Additional features include RV/boat parking, a paver driveway, 2-car garage, no HOA, and no Mello-Roos. Lower-yard photos have been AI-enhanced to illustrate potential pool and ADU opportunities.

Mortgage Calculator

Est. Monthly Payment

$14,569

Principal & Interest$11,605
Property Tax$2,295
Insurance$669
%($459,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,721
Monthly Cashflow

Rent − PITIA

$-8,848
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,076

Mortgage (P+I)
$11,605
Cap Rate
-0.25%
Cash-on-Cash
-31.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.39
Break-even Rent
$21,404

NOI (Annual)
$-5,656
Price-to-Rent

Lower = better for investors

33.4

* 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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