5380 Caminito Providencia
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5380 Caminito Providencia

Dbottom 20%

Rancho Santa Fe, CA 92067

$2,249,000
STR: check · no permits in this complex · TOT 11.75%

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 11, 2026.

No unit in this 17-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$12,451/mo full cashflow at 20% down, 7.43% rate.

Works at $627,884 (72% under asking), or at all cash.

Rent $7,464/mo from 9 leases of 1–3 bed houses within 2 mi ($7,524–$9,474).

Beds

2

Baths

2.5

Sqft

2,566

Year Built

1985

Days on Market

111

Property Type

Single Family

HOA/mo

$925

MLS ID

260017990SD

This property is in Rancho Santa Fe (92067). Browse neighborhood analytics →

Virtual Tour

About This Property

Huge price reduction ready to sell! One of the best lots in Montecito! Ideally situated on a quiet cul-de-sac, this exceptional home offers breathtaking views, outstanding privacy, and an unbeatable location just steps from the community pool, spa, and greenbelt. Beautifully remodeled throughout, this 2-bedroom, 2.5-bath residence combines timeless elegance with comfortable everyday living. A gated courtyard entry welcomes you with a stamped concrete patio, creating a charming and private outdoor space. Inside, the light-filled floor plan is enhanced by soaring ceilings, expansive windows, and an open, airy feel. The spacious living room features a cozy fireplace and seamless access to outdoor decks, making it ideal for both entertaining and relaxing. The completely remodeled kitchen showcases granite countertops, and all new appliances, abundant cabinetry, and generous workspace for the home chef. Every bathroom has been tastefully remodeled with quality finishes, offering a fresh, sophisticated look throughout. The thoughtfully designed two-story floor plan includes two spacious primary suites, with one conveniently located on the main level and the second upstairs, providing flexibility for guests, multi-generational living. Both levels enjoy access to beautiful outdoor decks overlooking Del Mar Country Club, where sweeping golf course and hillside views create a tranquil backdrop for morning coffee or evening sunsets. Residents of Montecito enjoy resort-style amenities including a community pool, spa, and beautifully maintained greenbelts. HUGE PRICE REDUCTION: Motivated Sellers....2 HUGE bedrooms could convert 1 to 2 or make an office. Downstairs storage spaces can be built out for additional living or office space. One of the best lots in Montecito! Ideally situated on a quiet cul-de-sac, this exceptional home offers breathtaking views, outstanding privacy, and an unbeatable location just steps from the community pool, spa, and greenbelt. Beautifully remodeled throughout, this 2-bedroom, 2.5-bath residence combines timeless elegance with comfortable everyday living. A gated courtyard entry welcomes you with a stamped concrete patio, creating a charming and private outdoor space. Inside, the light-filled floor plan is enhanced by soaring ceilings, expansive windows, and an open, airy feel. The spacious living room features a cozy fireplace and seamless access to outdoor decks, making it ideal for both entertaining and relaxing. The completely remodeled kitchen showcases granite countertops, and all new appliances, abundant cabinetry, and generous workspace for the home chef. Every bathroom has been tastefully remodeled with quality finishes, offering a fresh, sophisticated look throughout. The thoughtfully designed two-story floor plan includes two spacious primary suites, with one conveniently located on the main level and the second upstairs, providing flexibility for guests, multi-generational living. Both levels enjoy access to beautiful outdoor decks overlooking Del Mar Country Club, where sweeping golf course and hillside views create a tranquil backdrop for morning coffee or evening sunsets. Residents of Montecito enjoy resort-style amenities including a community pool, spa, and beautifully maintained greenbelts, all within easy walking distance. With its premium location, spectacular views, complete remodel, and versatile floor plan, this home presents an exceptional opportunity as a primary residence, second home, or investment property in one of the area's most sought-after communities.

Mortgage Calculator

Est. Monthly Payment

$16,324

Principal & Interest$12,494
Property Tax$2,249
Insurance$656
HOA$925
%($449,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Solana Santa Fe Elementary · grades K-6 · Solana Beach Elementary

  • Middle

    Earl Warren Middle · grades 7-8 · San Dieguito Union High

  • High

    Torrey Pines 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

2 comps found

This Property

$7,464

vs

Comp Average

$10,509

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

Investment Score

2D
Est. Monthly Rent
$7,464

9 leases of 1–3 bed houses within 2 mi · $7,524–$9,474

Blended 50/50 with a property-level estimate

A property-level estimate runs more than 25% below what comparable homes leased for ($8,716). Treat this rent with extra care.

Monthly Cashflow

Rent − PITIA

-$8,860
Full Cashflow

Incl. vacancy, PM, maint, capex

-$12,451

What would make this work?

$12,451/mo short at 20% down; 100% down or +$16,170/mo rent closes it.

Break-even price

72% under asking

$627,884
Break-even rent

$16,170/mo above the estimate

$23,634/mo
Cashflow at 35% down
−$10,108/mo
Down payment to break even

$2,249,000 cash

100%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$12,494
Cap Rate
0.22%
Cash-on-Cash
-33.22%
DSCR

Need ≥ 1.25 for DSCR loan

0.46

NOI (Annual)
$4,996
Price-to-Rent

Lower = better for investors

25.1

* 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.

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DCashflow−$12,451/mo