4570 Cove Dr
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4570 Cove Dr #A

D

Carlsbad, CA 92008

$689,000
NEW — 1d

Soft Appraisal Value: $677,100 · 1.8% above estimate

Beds

1

Baths

1

Sqft

728

Year Built

1980

Days on Market

1

Property Type

Condo

HOA/mo

$300

MLS ID

OC26082652

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

Virtual Tour

About This Property

Welcome to your coastal single-story hideaway in the highly sought-after Bristol Cove community of Carlsbad. This remodeled 1-bedroom, 1-bath condo is ideally situated in an intimate 4-unit building, offering privacy, style, and the ultimate lagoon lifestyle—perfect as a primary residence, weekend retreat, second home or amazing starter condo. Step inside to discover the upgraded interior featuring vinyl plank flooring, a beautifully redesigned kitchen with farmhouse sink, updated cabinetry, dishwasher, range, recessed lighting, and designer fixtures. Additional improvements include new trim and baseboards, updated bathroom, custom bedroom closet system, built-in hall storage, and a charming fireplace with updated mantel—creating a warm, modern coastal feel throughout. The spacious living room opens to a large entertainment balcony deck, while two patios—front and back—provide ideal spaces for relaxing, hosting, and enjoying ocean breezes. A rare oversized enclosed one-car garage offers exceptional versatility, with ample room for surfboards, kayaks, paddleboards, home gym/office and more - plus potential boat parking. Low HOA dues enhance the overall value. Enjoy exclusive access to Bristol Cove’s private amenities, including a boat launch, dock, and beach at the end of Cove Drive—just a short 2-minute stroll from your front door. Embrace kayaking, paddleboarding and watersports right at your fingertips. Located just 2 miles from Tamarack Beach and with easy access to Interstate 5, this home offers convenient commuting to San Diego and Orange County, making it ideal for bi-coastal living. Coastal lifestyle, convenience, and charm—LIVE THE DREAM! Buyer and Buyer’s agent to verify all information.

Mortgage Calculator

Est. Monthly Payment

$4,674

Principal & Interest$3,484
Property Tax$689
Insurance$201
HOA$300
%($137,800)
%

Location

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Investment Score

21D
Est. Monthly Rent
$2,574
Monthly Cashflow

Rent − PITIA

$-2,100
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,266

Mortgage (P+I)
$3,484
Cap Rate
0.38%
Cash-on-Cash
-28.44%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$6,816

NOI (Annual)
$2,614
Price-to-Rent

Lower = better for investors

22.3

* 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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