6858 Las Colinas
Dbottom 20%Rancho Santa Fe, CA 92067
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.
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Est. Monthly Payment
$32,832
Location
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Comparable Properties
5 comps foundThis Property
$11,530
Comp Average
$10,328
6346 El Sicomoro
4bd / 4ba · 3,774 sqft · Single Family
$3.99M
Est. $13,735/mo

5851 Saratoga Corte
3bd / 3.5ba · 3,220 sqft · Single Family
$3.00M
Est. $10,473/mo
16551 Zumaque
4bd / 3ba · 2,960 sqft · Single Family
$3.75M
Est. $10,700/mo

6015 Paseo Valencia
4bd / 3.5ba · 2,886 sqft · Single Family
$4.99M
Est. $7,340/mo
17543 Rancho Del Rio
4bd / 3.5ba · 2,668 sqft · Single Family
$3.65M
Est. $9,393/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 4-bed houses within 2 mi · $10,171–$13,939
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$27,950/mo short at 20% down; +$36,299/mo rent closes it.
- Break-even price
- $1,155,960
- Break-even rent
- $47,829/mo
- Cashflow at 35% down
- −$22,955/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
76% under asking
$36,299/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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