5470 Thoroughbred Place
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5470 Thoroughbred Place

D

Carmel Valley, CA 92130

$2,999,000
NEW — 4d

Soft Appraisal Value: $2,901,500 · 3.4% above estimate

Beds

5

Baths

4

Sqft

4,332

Year Built

2002

Days on Market

4

Property Type

Single Family

HOA/mo

$66

MLS ID

260013486SD

This property is in Carmel Valley (92130). View neighborhood stats →

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About This Property

Located on a quiet cul-de-sac in the highly sought-after Seabreeze Farms community, this oversized corner-lot home has been beautifully remodeled and thoughtfully customized throughout. The redesigned Barrett Plan 1 offers an exceptional floor plan with a rare upstairs bonus room and additional bathroom, creating flexible living space for today's lifestyle. SEE SUPPLEMENT Located on a quiet cul-de-sac in the highly sought-after Seabreeze Farms community, this oversized corner-lot home has been beautifully remodeled and thoughtfully customized throughout. The redesigned Barrett Plan 1 offers an exceptional floor plan with a rare upstairs bonus room and additional bathroom, creating flexible living space for today's lifestyle. The open-concept layout features a full bedroom and bathroom on the main level, a dedicated soundproof home theater, hand-scraped acacia hardwood floors, and a spacious great room with a striking dual-sided fireplace. The gourmet kitchen is equipped with custom cabinetry, high-end appliances, a butler's pantry, and abundant storage, making it ideal for both everyday living and entertaining. Upstairs, you'll find four spacious bedrooms and three full bathrooms, including an expansive primary suite with a private deck, a large walk-in closet with custom built-ins, and beautifully remodeled bathrooms. An upstairs laundry room adds convenience. Additional upgrades include fully owned solar, air conditioning, a whole-house fan, whole-house water filtration and softening systems, home networking, a security system, and brand-new high-end garage doors that enhance both curb appeal and functionality. The resort-style backyard is designed for entertaining and relaxation, featuring an 8-person spa with waterfall, built-in BBQ, custom outdoor dining area with fire feature and seating for eight, and a large turf area perfect for kids and pets. The property also offers a two-car garage plus a separate single-car garage, providing excellent storage for bikes, toys, and outdoor gear. The separate garage offers excellent potential for a future office, gym, playroom, or guest space, as several neighboring homes have converted it. Enjoy the convenience of being just a short walk to Sycamore Ridge Elementary and minutes from Pacific Trails Middle School. Nearby high school options include Canyon Crest Academy, Torrey Pines High School, and Cathedral Catholic High School. Seabreeze Farms is known for its strong sense of community, family-friendly atmosphere, neighborhood events, and low HOA dues of just $59 per month. A rare opportunity to own one of the community's most customized and well-appointed homes.

Mortgage Calculator

Est. Monthly Payment

$19,104

Principal & Interest$15,165
Property Tax$2,999
Insurance$875
HOA$66
%($599,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,957
Monthly Cashflow

Rent − PITIA

$-11,148
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,477

Mortgage (P+I)
$15,165
Cap Rate
-0.12%
Cash-on-Cash
-30.96%
DSCR

Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$28,057

NOI (Annual)
$-3,747
Price-to-Rent

Lower = better for investors

31.4

* 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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