5143 Shore Drive

5143 Shore Drive

D

Carlsbad, CA 92008

$16,200,000

Soft Appraisal Value: $14,261,700 · 13.6% above estimate

Beds

6

Baths

7.5

Sqft

5,285

Year Built

1980

Days on Market

272

Property Type

Single Family

HOA/mo

N/A

MLS ID

250032740SD

Description

Perched on solid bedrock along one of Southern California’s most exclusive stretches of coastline, 5143 Shore Drive presents a truly irreplaceable offering; rare deeded ownership of your own private beachfront, complete with direct steps leading to the sand below. Ideally positioned at the center of a private-access beach and elevated just enough along the bluff to ensure privacy and protection, this home delivers an extraordinary connection to the Pacific, where the shoreline becomes a seamless extension of your backyard. Here, you can walk directly from your home to the sand, explore tidepools, surf Carlsbad’s renowned surf break, or simply stand at the water’s edge as waves lap at your feet—all within the privacy of a beach you own to the median high tide, one of only a handful of such opportunities in all of California. Known as The Villa at Terramar, this iconic coastal residence blends modern Italian design with timeless coastal elegance, offering a flexible floor plan that effortlessly accommodates intimate living and grand-scale entertaining. Every element of the home is oriented to maximize the sensory experience of the ocean—where sight, sound, and proximity converge to create a daily connection to the Pacific that is rare and deeply compelling. Set within Carlsbad’s sought-after Terramar enclave—a coastal destination known for its charming village, Michelin-star dining, scenic boardwalk, and private airport minutes away—this property offers not only a home, but a lifestyle defined by exclusivity, accessibility, and the enduring romance of true oceanfront living.

Mortgage Calculator

Est. Monthly Payment

$102,841

Principal & Interest$81,916
Property Tax$16,200
Insurance$4,725
%($3,240,000)
%

Comparable Properties

1 comp found

This Property

$10,022

vs

Comp Average

$9,785

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$10,022
Monthly Cashflow

Rent − PITIA

$-92,819
Full Cashflow

Incl. vacancy, PM, maint, capex

$-108,624

Mortgage (P+I)
$81,916
Cap Rate
-1.98%
Cash-on-Cash
-40.23%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.10
Break-even Rent
$151,092

NOI (Annual)
$-320,497
Price-to-Rent

Lower = better for investors

134.7

* 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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