385 Via Montanosa

385 Via Montanosa

D

Encinitas, CA 92024

$1,950,000
NEW — 4d on market

Soft Appraisal Value: $1,897,100 · 2.8% above estimate

Beds

4

Baths

2.5

Sqft

2,614

Year Built

1986

Days on Market

4

Property Type

Single Family

HOA/mo

$230

MLS ID

NDP2603078

Description

This exceptional Encinitas home offers 4 bedrooms, 2.5 bathrooms, and approximately 2,614 square feet of living space, set on a rare nearly quarter-acre lot. Via Montanosa is a cul-de-sac with homes only on one side of the street and no neighbors directly behind creating ideal privacy conditions. Thoughtfully updated, the kitchen showcases modern finishes, complemented by new flooring, fresh interior paint, new roof underlayment, and refreshed landscaping. Additional features include newer AC and furnace systems, new fencing, a finished three-car garage with built-in storage, and a finished attic providing flexible additional space. A generous front yard and inviting courtyard create a welcoming entry. The main level includes a formal living room, dining room, kitchen with breakfast nook, and a comfortable family room, along with a powder room and a spacious laundry room. Upstairs, the primary suite offers a private deck with easterly views, an en-suite bath, and multiple closets. Three additional well-sized bedrooms and a remodeled secondary bathroom with dual vanities complete the second floor. The expansive pool-sized backyard is flat and entirely usable, featuring covered patios, a built-in barbecue island with bar-top seating, finished turf for easy maintenance, large side yards, and mature trees (orange, lemon, avocado, and more). This home offers the best of both worlds; a true neighborhood feel on a quiet cul-de-sac, while centrally located for easy walking access to shopping, and dining, or a short drive to downtown Encinitas, beaches, golf, and major freeways. The low HOA fee includes a neighborhood pool, jacuzzi, tennis courts, common area & landscaping. Combining privacy, space, and convenience, this property delivers an exceptional lifestyle in one of Encinitas’ most desirable areas.

Mortgage Calculator

Est. Monthly Payment

$12,609

Principal & Interest$9,860
Property Tax$1,950
Insurance$569
HOA$230
%($390,000)
%

Investment Score

3D
Est. Monthly Rent
$7,663
Monthly Cashflow

Rent − PITIA

$-4,946
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,334

Mortgage (P+I)
$9,860
Cap Rate
0.94%
Cash-on-Cash
-25.64%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$18,486

NOI (Annual)
$18,318
Price-to-Rent

Lower = better for investors

21.2

* 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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