567 Gage Lane

567 Gage Lane

D

San Diego, CA 92106

$16,900,000

Beds

7

Baths

7.5

Sqft

7,195

Year Built

1965

Days on Market

321

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2504936

Description

LANDMARK MID CENTURY MODERN ESTATE! More than a home, this is an Architectural Retreat, a Wellness Sanctuary, and one of San Diego’s most iconic Private Estates. Designed by Master Architect Russell Forester for visionary entrepreneur Robert Peterson, this exceptional c. 1965 Mid-Century Modern estate is being offered for the first time in over 25 years. A quintessential example of Post and Beam architecture, the residence showcases Forester’s hallmark minimalism, clean lines, and seamless integration with the surrounding natural environment. Nearly hidden from view in the coveted La Playa/Wooded Area of Point Loma, this exceedingly private 1.69-acre family compound includes four structures: the Main Residence, Guest House, Wellness Pavilion, and Caretaker's House—all thoughtfully unified by tranquil water features and masterful landscape design. At the heart of the estate lies the pièce de résistance: a breathtaking Koi pond with resident wildlife, a picture-perfect Japanese teahouse, and meandering garden pathways designed to inspire peace and reflection. Perched atop a private promontory, the property commands panoramic 180° views of the Bay, Ocean, and City Lights, offering a rare blend of serenity and proximity—minutes to the San Diego International Airport, world-class yacht clubs, fine dining, and cultural destinations. Amenities include: Pool, Spa, Gym, Sauna, Steam Shower, illuminated Tennis/Sport Court, Wine Cellar, 4-car Garage + off-street Parking for 6 additional vehicles, and an Urban Farm with Greenhouse. Recognized at the National, State, and Local levels for its Architectural and Historical significance, the property enjoys substantial Property Tax Savings via the Mills Act. Per the Sellers, this Tax Savings+Owned Solar pays the Estates' maintenance expenses. Timeless in design and rare in provenance, this is a once-in-a-generation opportunity to own a storied piece of San Diego History.

Mortgage Calculator

Est. Monthly Payment

$107,285

Principal & Interest$85,456
Property Tax$16,900
Insurance$4,929
%($3,380,000)
%

Investment Score

0D
Est. Monthly Rent
$7,497
Monthly Cashflow

Rent − PITIA

$-99,788
Full Cashflow

Incl. vacancy, PM, maint, capex

$-115,595

Mortgage (P+I)
$85,456
Cap Rate
-2.14%
Cash-on-Cash
-41.04%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.07
Break-even Rent
$157,621

NOI (Annual)
$-361,676
Price-to-Rent

Lower = better for investors

187.9

* 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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