5063 Millay Court
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5063 Millay Court

D

Carlsbad, CA 92008

$1,950,000
NEW — 0d

Soft Appraisal Value: $1,921,400 · 1.5% above estimate

Beds

4

Baths

2.5

Sqft

2,368

Year Built

2000

Days on Market

0

Property Type

Single Family

HOA/mo

$105

MLS ID

NDP2604291

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

Virtual Tour

About This Property

Discover refined coastal living in this meticulously renovated home, where thoughtful luxury meets effortless family functionality. With very low HOA fees and Mello-Roos, this residence offers exceptional value in one of Carlsbad’s most desirable neighborhoods of Canterbury in Kelly Ranch —known for its top-rated schools, great parks, and convenient access to beaches, lagoons, shopping, world-class golf and of course The Carlsbad Village! Not a flip but completely transformed over the past year with love and precision, almost every square foot of this home has been thoughtfully renovated or tastefully updated to create a bright, modern, and move-in-ready sanctuary. Step inside to discover new pet-friendly luxury vinyl plank (LVP) flooring throughout, new baseboards, new door casings, and fresh interior paint in a sophisticated neutral palette. The heart of the home is the stunning kitchen remodel, which has completely reimagined the flow and livability. It features elegant quartz countertops, soft-close custom cabinetry offering abundant storage, and high-end finishes that make entertaining a joy. Open to the spacious family room, this is now the perfect gathering space! This flexible floor plan includes 4 generous bedrooms plus a versatile bonus room—ideal as a home office, exercise studio, or kids’ playroom—conveniently located off the family room and kitchen. The primary suite is a true retreat, featuring a spa-like bathroom with all-new, enclosed, shower vanity, countertops, and premium finishes designed for ultimate relaxation as well as convenience. All bathrooms have been beautifully updated with new vanities, counters, modern fixtures, and elegant design. Outside, your private backyard oasis awaits. Enjoy the large sparkling saltwater pool with brand-new equipment and a soothing waterfall spa. A new removable safety fence adds peace of mind for families while preserving the resort-style aesthetic. Perfect for morning laps, sunset gatherings, or simply unwinding in your own personal retreat. Additional updates and refreshed finishes throughout ensure comfort and peace of mind for years to come. This rare offering in Canterbury blends high-end updates, thoughtful design, and an unbeatable location, this home checks every box with style and grace.

Mortgage Calculator

Est. Monthly Payment

$12,484

Principal & Interest$9,860
Property Tax$1,950
Insurance$569
HOA$105
%($390,000)
%

Location

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Investment Score

6D
Est. Monthly Rent
$6,712
Monthly Cashflow

Rent − PITIA

$-5,772
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,941

Mortgage (P+I)
$9,860
Cap Rate
0.57%
Cash-on-Cash
-27.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$18,324

NOI (Annual)
$11,031
Price-to-Rent

Lower = better for investors

24.2

* 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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