3816 Mykonos Lane
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3816 Mykonos Lane #3

D

Carmel Valley, CA 92130

$1,199,000

Soft Appraisal Value: $1,257,400 · 4.6% below estimate

Beds

3

Baths

2.5

Sqft

1,336

Year Built

2002

Days on Market

51

Property Type

Condo

HOA/mo

$344

MLS ID

NDP2602240

This property is in Carmel Valley (92130). View neighborhood stats →

Virtual Tour

About This Property

Welcome to 3816 Mykonos Lane Unit 3, a beautifully maintained end-unit townhome tucked along the peaceful edge of the highly sought-after Andalucía community in Carmel Valley, offering exceptional privacy and a tranquil setting. This gorgeously maintained neighborhood features resort-style amenities including a pool, spa, fitness center, clubhouse, and BBQ areas, all surrounded by lush landscaping. Upon entry, you’re welcomed into a versatile bonus room with soaring ceilings and dramatic arched windows that flood the space with natural light, creating the perfect setting for a home office, den, media room, or creative space. The home’s thoughtfully designed split-level floor plan then leads up to the main living level, where large windows and an open layout create a bright and inviting atmosphere filled with natural light. The living area features warm wood flooring, recessed lighting, and a cozy fireplace with a stone surround, while the kitchen offers granite countertops, tile flooring, and ample cabinetry. All three bedrooms are located upstairs, providing comfortable separation from the main living areas. The primary suite includes its own en-suite bath featuring a walk-in tiled shower with thick 3/8-inch glass enclosure, while the two secondary bedrooms share a Jack-and-Jill bathroom. The upstairs hallway also features extensive built-in cabinetry for linens and storage, along with generous closet space throughout the home. Additional highlights include a direct-access two-car garage and the added privacy of an end-unit location. Ideally located in the heart of Carmel Valley, the home is walkable to the highly acclaimed Carmel Del Mar Elementary, Carmel Valley Middle School, and Torrey Pines High School, some of the most sought-after schools in San Diego. The area also offers excellent walkability to parks, shopping, dining, and everyday conveniences, with easy freeway access and the beaches of Del Mar just minutes away. A rare opportunity to enjoy privacy, abundant natural light, and the best of Carmel Valley living within the sought-after Andalucía community.

Mortgage Calculator

Est. Monthly Payment

$7,956

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
HOA$344
%($239,800)
%

Location

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Investment Score

3D
Est. Monthly Rent
$4,197
Monthly Cashflow

Rent − PITIA

$-3,759
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,723

Mortgage (P+I)
$6,063
Cap Rate
0.34%
Cash-on-Cash
-28.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$11,630

NOI (Annual)
$4,074
Price-to-Rent

Lower = better for investors

23.8

* 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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