4773 El Mirlo
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4773 El Mirlo

Dbottom 20%

Rancho Santa Fe, CA 92067

$7,995,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$47,455/mo full cashflow at 20% down, 7.43% rate.

Works at $1,816,274 (77% under asking); even all cash loses money at asking.

Rent $35,000/mo from 9 leases of 4–6 bed houses within 1 mi ($17,472–$24,688). Previously leased for $35,000.

Beds

5

Baths

6.5

Sqft

5,400

Year Built

2022

Days on Market

190

Property Type

Single Family

HOA/mo

$13,000

MLS ID

260010727SD

This property is in Rancho Santa Fe (92067). Browse neighborhood analytics →

Virtual Tour

About This Property

SEE VIDEO LINKS FOR AN INCREDIBLE TOUR OF THIS ESTATE - Welcome to New Ranch Lux, a reimagined Spanish modern estate in the heart of the Rancho Santa Fe Covenant, offering exceptional privacy, scale, and lifestyle on approximately 5 all-usable acres. Ideally situated on the prestigious west side of the Covenant, approximately one mile from the coast as the crow flies, offering effortless access to an array of nearby retail and dining. Recently transformed through an extensive $2M+ renovation by Matrix Design Studio, this 5-bedroom, ~5,400 sq. ft. residence blends clean architectural lines with warm, livable design. The thoughtfully designed floor plan lives primarily as a single-level home featuring a luxurious primary suite that opens to a private spa garden creating an intimate and tranquil retreat with lush surroundings, perfect for unwinding in total privacy. In addition, this estate also comes with three en-suite bedrooms on the main floor and two additional en-suite bedrooms upstairs—ideal for guests or extended stays. Seamless indoor-outdoor living is achieved through vanishing pocket doors that open to resort-style grounds complete with pool, spa, sauna, and expansive entertaining areas. The home is move-in ready with curated designer finishes throughout. The property’s west-facing orientation captures stunning sunsets, while the long, gated drive ensures privacy and presence. The all-usable acreage offers incredible potential for equestrian use, vineyard, tennis or padel court, additional guest house, or recreation amenities. Building plans available.

Mortgage Calculator

Est. Monthly Payment

$67,742

Principal & Interest$44,416
Property Tax$7,995
Insurance$2,332
HOA$13,000
%($1,599,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    R. Roger Rowe Elementary · grades PK-5 · Rancho Santa Fe Elementary

  • Middle

    R. Roger Rowe Middle · grades 6-8 · Rancho Santa Fe Elementary

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$35,000

Previously leased for $35,000

9 leases of 4–6 bed houses within 1 mi · $17,472–$24,688

Monthly Cashflow

Rent − PITIA

-$32,743
Full Cashflow

Incl. vacancy, PM, maint, capex

-$47,455

What would make this work?

$47,455/mo short at 20% down; +$61,630/mo rent closes it.

Break-even price

77% under asking

$1,816,274
Break-even rent

$61,630/mo above the estimate

$96,630/mo
Cashflow at 35% down
−$39,127/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)
$44,416
Cap Rate
-0.19%
Cash-on-Cash
-35.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.52

NOI (Annual)
-$15,474
Price-to-Rent

Lower = better for investors

19.0

* Modelled at 20% down, 7.43% 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−$47,455/mo