5065 Los Robles Dr.
1 / 20

5065 Los Robles Dr.

Dbottom 20%

Carlsbad, CA 92008Neighborhood: Poinsettia Shores & Terramar

$3,995,000
STR-eligible · Carlsbad Coastal Zone · TOT 10%

15 licensed short-term rentals within ½ mile (15 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$25,355/mo full cashflow at 20% down, 7.43% rate.

Works at $693,811 (83% under asking); even all cash loses money at asking.

Rent $6,920/mo from 5 leases of 4-bed houses in 92008 ($5,863–$8,023).

Beds

4

Baths

4.5

Sqft

3,040

Year Built

2026

Days on Market

103

Property Type

Single Family

HOA/mo

N/A

MLS ID

260018661SD

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

About This Property

The new coastal modern homes that buyers prefer are finally showing up in Terramar. And this one brings something extra: ocean views, single-story living, and an ADU—remarkably close to the private-gate beach access. Clean lines. Bold surfaces. The phenomenal great room is flooded with natural light, creating the kind of open, effortless living space that makes coastal California so desirable. The sleek chef’s kitchen is built for serious cooking and serious entertaining, with high-end Miele appliances, Euro-modern lighting, a separate coffee bar, and a statement island that anchors the room. And then there’s the ADU. More flexibility, more options, and a feature that makes this property stand apart from the typical coastal home. New coastal estates are being built throughout the neighborhood, and recent sales of non-oceanfront Terramar homes have reached $3 million to $6 million. A similar home at 5170 Carlsbad Blvd. sold for $6,500,000 in February, despite having less ocean view. That’s the bigger story. The opportunity to own a newly crafted architectural home in one of Carlsbad’s most coveted coastal neighborhoods, remarkably close to the private-gate beach access. Check it out!

Mortgage Calculator

Est. Monthly Payment

$27,354

Principal & Interest$22,194
Property Tax$3,995
Insurance$1,165
%($799,000)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Jefferson Elementary · grades K-5 · Carlsbad Unified

  • Middle

    Valley Middle · grades 6-8 · Carlsbad Unified

  • High

    Sage Creek High · grades 9-12 · Carlsbad Unified

    or Carlsbad High · grades 9-12 · Carlsbad Unified

    Choice area: the district lets families here pick either school.

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
$6,920

5 leases of 4-bed houses in 92008 · $5,863–$8,023

Blended 50/50 with the zip's market median ($6,839)

Monthly Cashflow

Rent − PITIA

-$20,434
Full Cashflow

Incl. vacancy, PM, maint, capex

-$25,355

What would make this work?

$25,355/mo short at 20% down; +$32,928/mo rent closes it.

Break-even price

83% under asking

$693,811
Break-even rent

$32,928/mo above the estimate

$39,848/mo
Cashflow at 35% down
−$21,193/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)
$22,194
Cap Rate
-0.85%
Cash-on-Cash
-38.08%
DSCR

Need ≥ 1.25 for DSCR loan

0.25

NOI (Annual)
-$33,777
Price-to-Rent

Lower = better for investors

48.1

* 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.

Open Full Calculator
DCashflow−$25,355/mo