617 Gage Drive San Diego

617 Gage Drive San Diego

D

, CA 92106

$6,198,000

Beds

5

Baths

5.5

Sqft

5,140

Year Built

2000

Days on Market

54

Property Type

Single Family

HOA/mo

N/A

MLS ID

2600601SD

Description

Now offered at $6,198,000, representing exceptional value in the coveted La Playa & Wooded Area. Elevated on a prestigious, quiet street, this bespoke residence sits on a rare ½-acre lot capturing sweeping panoramic views of Coronado, San Diego Bay, and the downtown skyline. The home is designed for entertaining, featuring a dramatic double-height living room, curved staircase, and a modern chef’s kitchen with custom quartz countertops. The resort-style grounds are exceptional, terracing down the oversized backyard to reveal a complete resort experience: an outdoor BBQ & Bar, waterfall pool & spa, fire features, putting green, and a sport court (pickleball ready). Multiple lounge areas overlook these amenities, creating the ultimate private retreat. The property includes a detached ~700 SqFt 2-bedroom guest house (ideal ADU, office, or gym combination), a 3-car garage with Tesla charging, and solar. Two gated entrances ensure privacy and ample parking. The oversized primary suite features a fireplace, expansive bathroom, and stunning views. A must-see value for the neighborhood.

Mortgage Calculator

Est. Monthly Payment

$39,346

Principal & Interest$31,340
Property Tax$6,198
Insurance$1,808
%($1,239,600)
%

Comparable Properties

2 comps found

This Property

$7,850

vs

Comp Average

$7,825

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$7,850
Monthly Cashflow

Rent − PITI − HOA

$-31,496
Full Cashflow

Incl. vacancy, PM, maint, capex

$-38,467

Mortgage (P+I)
$31,340
Cap Rate
-1.38%
Cash-on-Cash
-30.49%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.25
Break-even Rent
$39,346

NOI (Annual)
$-85,518
Price-to-Rent

Lower = better for investors

65.8

* Defaults: 20% down, 6.5% rate, 30yr.

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