4849 Flying Cloud Way
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4849 Flying Cloud Way

C

Carlsbad, CA 92008

$1,179,999
NEW — 3d

Soft Appraisal Value: $1,158,200 · 1.9% above estimate

Beds

2

Baths

2

Sqft

1,210

Year Built

1987

Days on Market

3

Property Type

Townhouse

HOA/mo

$535

MLS ID

260016785SD

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

About This Property

Welcome to this beautifully renovated home top to bottom, situated on a quiet cul-de-sac in one of the best locations in Laguna Del Mar. Soaring vaulted ceilings, tall doorways, and designer finishes create an elevated feel throughout. The gourmet kitchen features upgraded cabinetry with quartz countertops, a deep stainless steel sink, and stainless steel appliances, extended high top bar area, including a high-end built-in Sub-Zero refrigerator and freezer. A brand-new A/C unit ensures comfort year-round. Step outside to your private backyard with mature trees, lagoon and mountain views enjoyed from both the backyard and the primary suite. Additional highlights include brand new LVP flooring throughout w/ upgraded baseboards, XL sliding mirrored doors, upgraded interior doors with Kwikset hardware, new lighting fixtures with recessed can lighting, and a custom gas tile fireplace with TV outlet. Multiple brand-new skylights flood the home with natural light, complemented by new dual-pane vinyl sliding doors and windows throughout. Both bathrooms have been fully renovated with floor-to-ceiling designer tile. The primary bath boasts a dual vanity w/ new fixtures and upgraded plumbing, while the guest bath features a custom built-in vanity, new bathtub, and new plumbing fixtures and faucets. An XL 2-car garage with overhead storage completes this exceptional home. Enjoy resort-style living in this charming, well-maintained community, HOA dues cover the pool/spa and full-size tennis/pickleball courts. Just a short walk to the Agua Hedionda Lagoon and its scenic walking trails. This home sits in Carlsbad's ZIP code 92008, the city's original northwest quadrant encompassing the historic downtown "Village," Olde Carlsbad, and the coastline. Homes in this area range from 1950s cottages to elegant mansions on hills overlooking the ocean, with the neighborhood also home to the Buena Vista and Agua Hedionda Lagoons. The area is known for its charming downtown, proximity to Tamarack Beach, and walkable boutique shopping and dining, making it ideal for buyers who want coastal living close to everyday amenities. Agua Hedionda Lagoon is just moments from the property, Agua Hedionda Lagoon is one of the true natural treasures of North San Diego County. Spanning roughly 400 acres across three interconnected sections, the lagoon is a favorite spot for hiking, boating, paddling, and fishing, and provides habitat for hundreds of species of marine life and waterfowl, including several threatened and endangered species.

Mortgage Calculator

Est. Monthly Payment

$8,026

Principal & Interest$5,967
Property Tax$1,180
Insurance$344
HOA$535
%($236,000)
%

Location

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Investment Score

6D
Est. Monthly Rent
$4,660
Monthly Cashflow

Rent − PITIA

$-3,366
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,421

Mortgage (P+I)
$5,967
Cap Rate
0.56%
Cash-on-Cash
-27.56%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$11,700

NOI (Annual)
$6,550
Price-to-Rent

Lower = better for investors

21.1

* 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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