6150 Avenida Alteras
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6150 Avenida Alteras

Dbottom 20%

Rancho Santa Fe, CA 92067

$4,975,000
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: -$27,903/mo full cashflow at 20% down, 7.43% rate.

Works at $1,342,034 (73% under asking); even all cash loses money at asking.

Rent $17,048/mo from 9 leases of 5–7 bed houses within 2 mi ($14,253–$21,333).

Beds

6

Baths

6

Sqft

6,640

Year Built

1988

Days on Market

92

Property Type

Single Family

HOA/mo

$2,820

MLS ID

260017185SD

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

Virtual Tour

About This Property

Nestled behind the gates of Fairbanks Ranch North, this exceptional estate offers nearly 6,700 square feet of refined living on a private, elevated lot backing to open space. Featuring 6 bedrooms and 6 bathrooms, this remarkable residence blends timeless design with the effortless indoor-outdoor lifestyle Southern California is known for. A dramatic, light-filled entry welcomes you into elegant living spaces overlooking the resort-inspired backyard. Designed for both everyday living and entertaining, the home features a formal living room, formal dining room, executive office, and spacious family room with a fireplace. The chef's kitchen flows into the breakfast nook, creating a warm gathering space with beautiful backyard views. The private primary suite offers a fireplace, dual walk-in closets, a spa-inspired bath, and a wraparound balcony overlooking the tranquil grounds. Three ensuite bedrooms are conveniently located on the main level, while a separate upstairs wing includes an additional bedroom, full bath, and versatile bonus retreat. Outside, enjoy your own private oasis with a one-of-a-kind rockscape pool and spa, serene koi pond with cascading waterfall, multiple patios, and beautifully landscaped grounds designed for entertaining or quiet relaxation. Backing to open space, the setting offers exceptional privacy. Located in the prestigious gated community of Fairbanks Ranch North, this extraordinary home is just minutes from premier golf, upscale shopping, fine dining, scenic trails, and beautiful Southern California beaches.

Mortgage Calculator

Est. Monthly Payment

$36,884

Principal & Interest$27,638
Property Tax$4,975
Insurance$1,451
HOA$2,820
%($995,000)
%
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

1D
Est. Monthly Rent
$17,048

9 leases of 5–7 bed houses within 2 mi · $14,253–$21,333

Monthly Cashflow

Rent − PITIA

-$19,836
Full Cashflow

Incl. vacancy, PM, maint, capex

-$27,903

What would make this work?

$27,903/mo short at 20% down; +$36,238/mo rent closes it.

Break-even price

73% under asking

$1,342,034
Break-even rent

$36,238/mo above the estimate

$53,286/mo
Cashflow at 35% down
−$22,721/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)
$27,638
Cap Rate
0.14%
Cash-on-Cash
-33.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.46

NOI (Annual)
$7,050
Price-to-Rent

Lower = better for investors

24.3

* 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−$27,903/mo