
512 Tranquil Court
Ctop 80%Encinitas, CA 92024Neighborhood: New Encinitas
1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 8, 2026.
None of the 71 homes on this home's recorded tract holds a short-term rental permit, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$8,758/mo full cashflow at 20% down, 7.43% rate.
Works at $609,647 (65% under asking), or at 93% down.
Rent $6,189/mo from 8 leases of 3-bed houses within 1 mi ($5,836–$6,065). Previously leased for $5,750.
Beds
3
Baths
2.5
Sqft
1,972
Year Built
1978
Days on Market
45
Property Type
Single Family
HOA/mo
$83
MLS ID
PTP2607202
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Tucked away on a quiet double cul-de-sac in the highly sought-after Village Park community, this beautifully updated Encinitas home offers the perfect blend of space, style, and indoor-outdoor living. Soaring vaulted ceilings enhance the bright, open feel, while two separate living areas provide plenty of flexibility for everyday living and entertaining. A stylish wet bar creates a natural gathering spot for guests, and the updated kitchen features new countertops, stainless steel appliances, ample cabinetry, and a fresh, modern feel. Thoughtfully remodeled bathrooms complement the home's updates, A BONUS BEDROOM great for an office or guests. The spacious primary suite features a walk-in closet and a comfortable retreat to unwind at the end of the day. Set on an oversized lot, the backyard is made for enjoying the Southern California lifestyle with a covered patio, built-in barbecue, cozy fire pit, and generous space for outdoor dining, entertaining, and relaxing. Just beyond the backyard, the community greenbelt and scenic walking paths create a peaceful extension of the outdoor living space. Additional highlights include a two-car garage OWNED SOLAR and access to Village Park's sought-after amenities, including a community pool and lighted tennis courts. Ideally located near highly rated schools, parks, shopping, dining, and just minutes from Encinitas' beautiful beaches, this home offers an exceptional opportunity to enjoy the space, community, and coastal lifestyle that make Village Park so desirable.
Mortgage Calculator
Est. Monthly Payment
$12,065
Location
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Zoned Schools
Elementary
Flora Vista Elementary · grades K-6 · Encinitas Union Elementary
Middle
Diegueno Middle · grades 7-8 · San Dieguito Union High
High
La Costa Canyon 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
$6,189
Comp Average
$6,594
1603 Hill Top Lane
4bd / 2.5ba · 1,967 sqft · Single Family
$1.30M
Est. $7,158/mo
5871 Camino El Dorado
3bd / 3ba · 1,866 sqft · Single Family
$1.75M
Est. $7,216/mo
1605 Blossom Field Way
4bd / 2.5ba · 1,967 sqft · Single Family
$1.85M
Est. $6,361/mo
470 Jolina
4bd / 2ba · 1,852 sqft · Single Family
$1.79M
Est. $5,885/mo
1827 Amalfi
3bd / 2ba · 1,861 sqft · Single Family
$2.00M
Est. $6,352/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Previously leased for $5,750
8 leases of 3-bed houses within 1 mi · $5,836–$6,065
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$8,758/mo short at 20% down; 93% down or +$11,374/mo rent closes it.
- Break-even price
- $609,647
- Break-even rent
- $17,563/mo
- Cashflow at 35% down
- −$6,935/mo
- Down payment to break even
- 93%
- Rate to break even
- Not reachable
65% under asking
$11,374/mo above the estimate
$1,627,500 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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