6102 Avenida Alteras
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6102 Avenida Alteras

Dbottom 20%

Rancho Santa Fe, CA 92067

$9,999,000
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: -$59,414/mo full cashflow at 20% down, 7.43% rate.

Works at $2,263,184 (77% under asking); even all cash loses money at asking.

Rent $23,743/mo from 11 leases of houses within 2 mi, same school area, size-adjusted ($21,640–$24,810).

Beds

7

Baths

7.5

Sqft

9,250

Year Built

2008

Days on Market

120

Property Type

Single Family

HOA/mo

$900

MLS ID

260017138SD

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

Virtual Tour

About This Property

Perched on 3.5 private acres behind the prestigious North Gate of Fairbanks Ranch, this extraordinary view estate blends timeless European elegance with exceptional craftsmanship and modern luxury. From the moment you enter, you're welcomed by an awe-inspiring foyer featuring an oversized crystal chandelier, dramatic floor-to-ceiling windows, and soaring 21-foot ceilings that create an unforgettable sense of grandeur. Designed for seamless indoor-outdoor living, the expansive great room features disappearing glass doors that open to spectacular outdoor entertaining spaces and panoramic views. The gourmet chef's kitchen is equipped with premium Viking appliances, offering the perfect setting for both intimate gatherings and large-scale entertaining. A climate-controlled wine cellar accommodates over 1,000 bottles, making it a true collector's showcase. The upper level features a luxurious secondary primary suite, an additional en-suite bedroom, and a wraparound view terrace overlooking the scenic hills of Rancho Santa Fe. Separate guest and staff quarters provide exceptional privacy and comfort with their own dedicated living spaces. Spanning more than 9,000 square feet, this remarkable residence offers six bedrooms and seven bathrooms, thoughtfully designed for both elegant living and everyday comfort. Located within one of Rancho Santa Fe's most exclusive guard-gated communities, this exceptional estate presents a rare opportunity to own a timeless masterpiece that will captivate the most discerning buyers.

Mortgage Calculator

Est. Monthly Payment

$69,364

Principal & Interest$55,549
Property Tax$9,999
Insurance$2,916
HOA$900
%($1,999,800)
%
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.

Investment Score

0D
Est. Monthly Rent
$23,743

11 leases of houses within 2 mi, same school area, size-adjusted · $21,640–$24,810

Monthly Cashflow

Rent − PITIA

-$45,621
Full Cashflow

Incl. vacancy, PM, maint, capex

-$59,414

What would make this work?

$59,414/mo short at 20% down; +$77,161/mo rent closes it.

Break-even price

77% under asking

$2,263,184
Break-even rent

$77,161/mo above the estimate

$100,904/mo
Cashflow at 35% down
−$48,999/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)
$55,549
Cap Rate
-0.32%
Cash-on-Cash
-35.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.34

NOI (Annual)
-$32,139
Price-to-Rent

Lower = better for investors

35.1

* 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−$59,414/mo