3562 Calle Palmito
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3562 Calle Palmito

Dbottom 20%

Carlsbad, CA 92009Neighborhood: La Costa Oaks

$3,495,000
NEW — 0d
STR closed · outside Carlsbad's Coastal Zone

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 5, 2026.

Pass at asking: -$19,986/mo full cashflow at 20% down, 7.49% rate.

Works at $903,807 (74% under asking); even all cash loses money at asking.

Rent $9,471/mo from 8 leases of 4–6 bed houses within 1 mi ($8,384–$10,874).

Beds

5

Baths

5.5

Sqft

4,714

Year Built

2005

Days on Market

0

Property Type

Single Family

HOA/mo

$321

MLS ID

NDP2610033

This property is in Carlsbad (92009). View neighborhood stats →

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About This Property

Crowning the very top of the hill in prestigious La Costa Oaks, this 4,714-square-foot residence commands sweeping panoramic ocean views that stretch past Catalina Island to the open horizon. Every evening begins with a sunset from the spa and ends beside the fire pit beneath a canopy of stars. A sparkling saltwater pool anchors the resort-style grounds, and the mild coastal climate makes alfresco dining a year-round pleasure. Five bedrooms and five and a half baths, provide generous space and comfort for family and guests alike. Fresh new carpet and paint throughout make the home feel crisp, bright, and move-in ready, while the solar system delivers energy efficiency and long-term savings. At the heart of the home, the updated chef's kitchen flows naturally to indoor and outdoor gathering spaces, ideal for effortless entertaining. A downstairs bedroom suite offers comfort and privacy, and a French-doored office provides a refined place to work from home. The epoxy-floored garage suits collectors, hobbyists, and weekend restorers, and a well-appointed laundry room adds everyday convenience. The expansive primary retreat is the home's crowning jewel, with a cozy fireplace, a private balcony framing the Pacific, and a serene atmosphere made for unwinding. Luxury and privacy, defined by a view that others only hope to find. Opportunities like this are rarely offered.

Mortgage Calculator

Est. Monthly Payment

$24,366

Principal & Interest$19,531
Property Tax$3,495
Insurance$1,019
HOA$321
%($699,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Mission Estancia 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.

Short-term not available here. Outside Carlsbad's Coastal Zone, where short-term rentals are not allowed. See the rules

Investment Score

0D
Est. Monthly Rent
$9,471

8 leases of 4–6 bed houses within 1 mi · $8,384–$10,874

Monthly Cashflow

Rent − PITIA

-$14,895
Full Cashflow

Incl. vacancy, PM, maint, capex

-$19,986

What would make this work?

$19,986/mo short at 20% down; +$25,955/mo rent closes it.

Break-even price

74% under asking

$903,807
Break-even rent

$25,955/mo above the estimate

$35,426/mo
Cashflow at 35% down
−$16,324/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)
$19,531
Cap Rate
0.01%
Cash-on-Cash
-34.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.39

NOI (Annual)
$225
Price-to-Rent

Lower = better for investors

30.8

* Modelled at 20% down, 7.49% 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−$19,986/mo