6858 Las Colinas

6858 Las Colinas

Dbottom 20%

Rancho Santa Fe, CA 92067

$4,795,000
NEW — 0d

Pass at asking: -$27,950/mo full cashflow at 20% down, 7.43% rate.

Works at $1,155,960 (76% under asking); even all cash loses money at asking.

Rent $11,530/mo from 9 leases of 4-bed houses within 2 mi ($10,171–$13,939).

Beds

4

Baths

4

Sqft

3,660

Year Built

1968

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026584SD

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

About This Property

Set behind gates on one of the most coveted streets in the Rancho Santa Fe Covenant, this extraordinary 3 acre offering presents a rare opportunity to create a world class estate in an unrivaled setting. Showcasing sweeping panoramic views, complete privacy, and all usable grounds, the property combines immediate livability with exceptional long term potential. Plans by John Jensen for an approximately 11,000 square foot contemporary masterpiece (main home + detached guest home) are nearing shovel ready status, offering a streamlined path toward the creation of a legacy estate. The existing single level residence spans approximately 2,400 square feet, complemented by a detached 1,260 square foot guest house. Designed for effortless indoor outdoor living, the home features vaulted ceilings, abundant natural light, expansive entertaining patios, a poolside game room, outdoor dining and lounge areas, fireplace, BBQ pavilion, gym and massage room, and a detached three car garage. The estate is fully fenced and oriented to capture optimal sun exposure and spectacular vistas. Perfectly positioned moments from the coveted Roger Rowe School, Covenant golf and tennis amenities, and miles of scenic riding and walking trails, this is an exceptionally rare canvas for the discerning buyer seeking privacy, prestige, and the opportunity to build a landmark estate in one of Southern California's most exclusive communities. Renderings (photos 1,3, and 4) are conceptual only*, and may not accurately depict the proposed/planned home.

Mortgage Calculator

Est. Monthly Payment

$32,832

Principal & Interest$26,638
Property Tax$4,795
Insurance$1,399
%($959,000)
%
Loan Term

Location

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Investment Score

0D
Est. Monthly Rent
$11,530

9 leases of 4-bed houses within 2 mi · $10,171–$13,939

Monthly Cashflow

Rent − PITIA

-$21,302
Full Cashflow

Incl. vacancy, PM, maint, capex

-$27,950

What would make this work?

$27,950/mo short at 20% down; +$36,299/mo rent closes it.

Break-even price

76% under asking

$1,155,960
Break-even rent

$36,299/mo above the estimate

$47,829/mo
Cashflow at 35% down
−$22,955/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)
$26,638
Cap Rate
-0.18%
Cash-on-Cash
-34.97%
DSCR

Need ≥ 1.25 for DSCR loan

0.35

NOI (Annual)
-$8,823
Price-to-Rent

Lower = better for investors

34.7

* 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−$27,950/mo