5758 Las Palomas
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5758 Las Palomas

Dbottom 20%

Rancho Santa Fe, CA 92067

$7,795,000

Pass at asking: -$46,983/mo full cashflow at 20% down, 7.43% rate.

Works at $1,677,918 (78% under asking); even all cash loses money at asking.

Rent $16,736/mo from 8 leases of 4–6 bed houses within 2 mi, same school area ($13,331–$23,322).

Beds

5

Baths

6

Sqft

6,109

Year Built

2025

Days on Market

145

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014832SD

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

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About This Property

*** A Powerful New Price *** Refined, Elevated Design & Exceptionally private, NEW CONSTRUCTION Custom Modern Santa Barbara estate is a rare offering on the coveted west side of The Covenant. Set across 4.13± scenic acres, the property masterfully blends timeless architecture with soft a contemporary sophistication, creating a sanctuary defined by elegance, scale, and effortless indoor-outdoor living. Beyond private gate, approximately 6,109 square feet of impeccably curated living space unfolds with soaring ceilings, clean architectural lines, and walls of glass that bathe the interiors in natural light. The main residence features five spacious ensuite bedrooms and expansive living and entertaining spaces that seamlessly transition to multiple outdoor terraces, perfectly designed for year-round enjoyment. A detached one bedroom guest house provides exceptional accommodations for family and visitors, while a three car garage offers generous space for collectors and everyday living. Surrounded by dramatic water features, pool, spa & manicured grounds, framed by serene pastoral and golf course vistas, the estate evokes the ambiance of a world class private resort. Positioned on one of The Covenant's most prestigious and tranquil streets, this architectural masterpiece represents an extraordinary opportunity to own a newly constructed luxury estate in one of Southern California's most exclusive communities. There is simply no comparable new construction offering under $10 million in Rancho Santa Fe. Please note the sought after schools of Roger Rowe and Torrey Pines HS.

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Est. Monthly Payment

$53,373

Principal & Interest$43,304
Property Tax$7,795
Insurance$2,274
%($1,559,000)
%
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

0D
Est. Monthly Rent
$16,736

8 leases of 4–6 bed houses within 2 mi, same school area · $13,331–$23,322

Monthly Cashflow

Rent − PITIA

-$36,637
Full Cashflow

Incl. vacancy, PM, maint, capex

-$46,983

What would make this work?

$46,983/mo short at 20% down; +$61,016/mo rent closes it.

Break-even price

78% under asking

$1,677,918
Break-even rent

$61,016/mo above the estimate

$77,752/mo
Cashflow at 35% down
−$38,863/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)
$43,304
Cap Rate
-0.44%
Cash-on-Cash
-36.16%
DSCR

Need ≥ 1.25 for DSCR loan

0.31

NOI (Annual)
-$34,096
Price-to-Rent

Lower = better for investors

38.8

* 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−$46,983/mo