
4955 Rancho Viejo Drive
Dbottom 20%Del Mar, CA 92014
Pass at asking: -$30,086/mo full cashflow at 20% down, 7.43% rate.
Works at $1,080,778 (78% under asking); even all cash loses money at asking.
Rent $10,780/mo from 8 leases of 4–6 bed houses within 2 mi, same school area ($8,666–$12,790).
Beds
5
Baths
4
Sqft
3,329
Year Built
1980
Days on Market
157
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2605433
This property is in Del Mar (92014). View neighborhood stats →
About This Property
Back on Market! Tucked away at the end of a quiet cul-de-sac in the prestigious Rancho Del Mar community, this one-of-a-kind custom estate offers a living experience that is nearly impossible to replicate today. Originally designed and built as a custom residence, the home seamlessly blends timeless craftsmanship, architectural character, and breathtaking natural surroundings into a truly exceptional retreat. Perched above the surrounding landscape on approximately one acre, the property feels more like a luxury mountain lodge than a traditional coastal home. Towering trees, sweeping canyon vistas, and panoramic views stretching across Rancho Santa Fe and the Del Mar Polo Fields create a setting of unmatched tranquility and privacy. The home's architectural centerpiece is its dramatic single-level design, highlighted by soaring ceilings, exposed wood beams, and expansive windows that flood the interior with natural light throughout the day. Every space was thoughtfully positioned to capture the property's extraordinary views, creating an effortless connection between the indoors and the surrounding landscape. Extensively upgraded while preserving its original character, the residence features wide-plank engineered hardwood flooring, custom millwork, designer lighting, and carefully curated finishes throughout. Unlike many newer homes, every element feels intentional, distinctive, and built to last. Offering 4 full bedrooms, plus an office, and 4 full bathrooms, the floor plan provides exceptional flexibility while maintaining the convenience of single-story living. Adding to the home's uniqueness is a finished lower-level bonus retreat currently designed as a luxurious wellness space. Anchored by a custom built-in dry sauna, this private escape evokes the feeling of a five-star resort, providing the perfect place to unwind, recharge, and enjoy a spa-like experience without ever leaving home. Rarely does a property combine the ease of single-story living, the character of a true custom home, and the serenity of a mountain retreat while remaining just minutes from Del Mar's beaches, dining, shopping, equestrian facilities, golf courses, and top-rated schools. This is more than a home—it's a private sanctuary where architecture, nature, and lifestyle come together in a way that is increasingly rare to find.
Mortgage Calculator
Est. Monthly Payment
$34,222
Location
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Zoned Schools
Elementary
Solana Vista Elementary · grades K-3 · Solana Beach Elementary
Middle
Earl Warren Middle · grades 7-8 · San Dieguito Union High
High
Torrey Pines High · grades 9-12 · San Dieguito Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$10,780
Comp Average
$13,129
4660 Caminito San Sebastian
5bd / 3.5ba · 3,202 sqft · Single Family
$3.25M
Est. $12,418/mo
2171 Del Mar Heights Rd
4bd / 4.5ba · 3,448 sqft · Single Family
$4.50M
Est. $13,723/mo

13635 Pine Needles Drive
4bd / 3.5ba · 3,178 sqft · Single Family
$4.00M
Est. $12,027/mo
1715 Coast Blvd
5bd / 4.5ba · 3,100 sqft · Single Family
$6.70M
Est. $15,035/mo
280 Torrey Pines Terrace
4bd / 3.5ba · 3,402 sqft · Single Family
$7.90M
Est. $12,444/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 4–6 bed houses within 2 mi, same school area · $8,666–$12,790
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$30,086/mo short at 20% down; +$39,073/mo rent closes it.
- Break-even price
- $1,080,778
- Break-even rent
- $49,853/mo
- Cashflow at 35% down
- −$24,880/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
78% under asking
$39,073/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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