
5065 Los Robles Dr.
Dbottom 20%Carlsbad, CA 92008Neighborhood: Poinsettia Shores & Terramar
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
Location
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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.
Comparable Properties
5 comps foundThis Property
$6,920
Comp Average
$7,896
270 Normandy Lane
4bd / 4.5ba · 2,972 sqft · Single Family
$4.20M
Est. $7,252/mo
5211 Carlsbad Boulevard
4bd / 3.5ba · 3,298 sqft · Single Family
$5.00M
Est. $8,636/mo
5213 Carlsbad Boulevard
4bd / 3.5ba · 3,298 sqft · Single Family
$5.00M
Est. $8,636/mo
2340 Rue Des Chateaux
3bd / 3.5ba · 2,851 sqft · Single Family
$5.00M
Est. $7,677/mo
2140 Janis Way
5bd / 3.5ba · 3,611 sqft · Single Family
$3.40M
Est. $7,279/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
5 leases of 4-bed houses in 92008 · $5,863–$8,023
Blended 50/50 with the zip's market median ($6,839)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$25,355/mo short at 20% down; +$32,928/mo rent closes it.
- Break-even price
- $693,811
- Break-even rent
- $39,848/mo
- Cashflow at 35% down
- −$21,193/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
83% under asking
$32,928/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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