5423 Calzada Del Bosque
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5423 Calzada Del Bosque

Dbottom 20%

Rancho Santa Fe, CA 92067

$8,995,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$50,334/mo full cashflow at 20% down, 7.43% rate.

Works at $2,441,473 (73% under asking); even all cash loses money at asking.

Rent $24,372/mo from 8 leases of 5-bed houses within 2 mi ($21,268–$29,061).

Beds

5

Baths

7

Sqft

9,160

Year Built

2002

Days on Market

197

Property Type

Single Family

HOA/mo

$15

MLS ID

NDP2603992

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

About This Property

· 9160 sq. ft. | 5 BD + Office | 8 BA | 4.78 acres · Custom single-level · Panoramic mountain views · Oversized 4-car garage · Detached 1BD/1BA guest house · Beach-entry pool + cabana with fireplace · New pickleball court · Home theater · Wine cellar · Gourmet kitchen · Owned solar · Gated entry Tucked behind mature landscaping along an extended gated drive, this single-level, 9,100+ SqFt west Covenant estate sits on 4.78 acres, elevated to capture sweeping mountain views while maintaining a genuine sense of privacy and calm. The location is among the most coveted in the Covenant — just minutes to the Village, the Rancho Santa Fe Golf Club, and with easy access to the coast and I-5. Originally inspired by a European countryside retreat, the home has been completely and thoughtfully refreshed — honoring its original character while embracing a more open, livable feel. Stone accents, beamed ceilings, wide plank wood floors, and a seamless indoor/outdoor connection form the foundation of the design and carry throughout every space. Capitalizing on its premium single-level, indoor-outdoor design, the layout is both refined and easy to navigate. The kitchen — anchored by an oversized island, dual sinks, and generous prep space — flows naturally into the great room and dining area, with multiple lift-and-slide doors extending the living space outward to the covered outdoor areas. Panoramic mountain views are present throughout, quietly framing every gathering and everyday moment alike. The floor plan is as functional as it is well-appointed — four en-suite bedrooms, a dedicated office with its own half bath, a spacious media room, and a temperature-controlled walk-in wine room offer a versatile range of spaces for both daily living and entertaining. The primary suite is intentionally set apart from the main living areas, offering a private retreat with a natural connection to the surrounding landscape. Outside, the property opens into a true lifestyle setting. A beach-entry pool and spa serviced by a full pool bath, a covered loggia, and an outdoor living room with fireplace create multiple inviting areas to gather and unwind. A detached guest house — with a bedroom, full bath featuring a separate tub and shower, and large closet — provides a charming and comfortable space for visitors. A newly added pickleball court anchors the lower grounds, and the expansive acreage offers endless potential — room for a full-size soccer field, basketball, or whatever the next chapter calls for. An oversized 4-car garage and owned solar complete an offering that is genuinely difficult to match.

Mortgage Calculator

Est. Monthly Payment

$61,605

Principal & Interest$49,971
Property Tax$8,995
Insurance$2,624
HOA$15
%($1,799,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    R. Roger Rowe Elementary · grades PK-5 · Rancho Santa Fe Elementary

  • Middle

    R. Roger Rowe Middle · grades 6-8 · Rancho Santa Fe Elementary

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

1D
Est. Monthly Rent
$24,372

8 leases of 5-bed houses within 2 mi · $21,268–$29,061

Monthly Cashflow

Rent − PITIA

-$37,233
Full Cashflow

Incl. vacancy, PM, maint, capex

-$50,334

What would make this work?

$50,334/mo short at 20% down; +$65,369/mo rent closes it.

Break-even price

73% under asking

$2,441,473
Break-even rent

$65,369/mo above the estimate

$89,741/mo
Cashflow at 35% down
−$40,965/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$49,971
Cap Rate
0.11%
Cash-on-Cash
-33.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.40

NOI (Annual)
$10,262
Price-to-Rent

Lower = better for investors

30.8

* 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−$50,334/mo