518 Sheffield Cardiff By The Sea
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518 Sheffield Cardiff By The Sea

D

Cardiff-by-the-Sea, CA 92007

$4,495,000

Soft Appraisal Value: $4,333,900 · 3.7% above estimate

Beds

6

Baths

4.5

Sqft

3,826

Year Built

2002

Days on Market

16

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011415SD

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

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About This Property

Welcome to 518 Sheffield Avenue, where everyday living feels like a coastal retreat in the heart of Cardiff, in the Composer District. Tucked behind an automatic privacy gate on a low-traffic street west of I-5, this 6-bedroom, 4.5-bathroom residence offers the perfect blend of comfort, function, & lifestyle. Spanning approx. 3,826 square feet across two levels, the home is thoughtfully designed for modern family living. A highly desirable main-level en-suite bedroom, ideal as a guest suite or “Nana’s room,” adds flexibility for multigenerational living. Upstairs, all additional bedrooms provide a cohesive layout perfect for families, while the spacious primary suite features dual walk-in closets and an expansive bathroom retreat. Natural light pours through abundant windows, highlighting the home’s architectural character and seamless flow. Multiple fireplaces in the living room, family room, and primary bedroom create warm, inviting spaces throughout. The upgraded kitchen, complete with a Sub-Zero refrigerator, opens effortlessly to indoor and outdoor gathering areas, making day-to-day living and entertaining feel effortless. Butler's pantry included. Outside, a private courtyard and beautifully curated backyard designed for connection and relaxation come complete with a fire pit, fountain, pergola, and outdoor BBQ. Trail access to Encinitas Community Park, Seaside Market, Cardiff Elementary, local dining, shopping, and some of North County’s best beaches, this home offers exceptional walkability and a vibrant coastal lifestyle.

Mortgage Calculator

Est. Monthly Payment

$28,535

Principal & Interest$22,729
Property Tax$4,495
Insurance$1,311
%($899,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,805
Monthly Cashflow

Rent − PITIA

$-19,730
Full Cashflow

Incl. vacancy, PM, maint, capex

$-25,501

Mortgage (P+I)
$22,729
Cap Rate
-0.74%
Cash-on-Cash
-34.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.31
Break-even Rent
$41,923

NOI (Annual)
$-33,264
Price-to-Rent

Lower = better for investors

42.5

* 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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