678 Gemstone Dr
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678 Gemstone Dr

C

San Marcos, CA 92078

$1,125,000
NEW — 0d

Beds

4

Baths

3

Sqft

2,550

Year Built

2018

Days on Market

0

Property Type

Single Family

HOA/mo

$240

MLS ID

NDP2606743

This property is in San Marcos (92078). View neighborhood stats →

Virtual Tour

About This Property

Welcome to this beautifully upgraded, north facing home in the gated Rancho Tesoro community of San Marcos. Located in the desirable Vientos/Terracina neighborhood, this spacious 4-bedroom, 3-bath home offers approximately 2,550 square feet of comfortable and thoughtfully designed living space. Inside, the open concept layout feels bright, welcoming, and private. The main living area flows into a modern kitchen with a large quartz island, white shaker cabinets, a custom tile backsplash, and stainless steel appliances that are included with the home. A full bedroom and bathroom on the first floor provide a convenient option for guests, extended family, or a home office. Upstairs, the spacious loft offers even more flexibility and could easily be used as a playroom, office, media room, or converted into a fifth bedroom. The primary suite is a relaxing retreat with a spa like bathroom featuring a frameless glass shower, soaking tub, dual vanities, and a large walk-in closet. Two additional bedrooms, a laundry room, and plenty of storage complete the second floor. The fully fenced backyard is designed for easy maintenance, with pavers and drip irrigation creating a comfortable space for relaxing, entertaining, or enjoying evenings outdoors. The home also includes upgraded flooring throughout the main level, Lutron smart lighting, and an additional deeded parking space directly in front of the property that can accommodate a larger vehicle. Rancho Tesoro residents enjoy access to a resort style pool, BBQ area, playground, scenic walking trails, and two peaceful lakes. The community is also conveniently located near highly rated schools, parks, hiking trails, shopping, dining, and everything North County has to offer. With low HOA and Mello-Roos fees, this home offers an excellent combination of space, upgrades, convenience, and community amenities. Schedule your private showing and come experience the Rancho Tesoro lifestyle.

Mortgage Calculator

Est. Monthly Payment

$7,382

Principal & Interest$5,689
Property Tax$1,125
Insurance$328
HOA$240
%($225,000)
%

Location

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Investment Score

28D
Est. Monthly Rent
$5,506
Monthly Cashflow

Rent − PITIA

$-1,876
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,079

Mortgage (P+I)
$5,689
Cap Rate
1.72%
Cash-on-Cash
-21.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$10,804

NOI (Annual)
$19,309
Price-to-Rent

Lower = better for investors

17.0

* 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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