687 Coast Highway 101
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687 Coast Highway 101 #211

D

Encinitas, CA 92024

$1,250,000
NEW — 2d

Soft Appraisal Value: $1,214,700 · 2.9% above estimate

Beds

2

Baths

2.5

Sqft

1,085

Year Built

2010

Days on Market

2

Property Type

Condo

HOA/mo

$555

MLS ID

260013726SD

This property is in Encinitas (92024). View neighborhood stats →

About This Property

Experience the ultimate coastal lifestyle in the heart of downtown Encinitas at Pacific Station, one of North County's most sought-after luxury communities. Perfectly positioned along historic Highway 101, this beautifully upgraded two-story residence places you just steps from award winning restaurants, boutique shopping, vibrant cafes, local art galleries, and only a short stroll to some of Southern California's most beautiful beaches. Offering a rare combination of luxury, convenience, and walkability, this exceptional home features an extensive list of high-end upgrades throughout. The fully remodeled kitchen from just a few years ago showcases custom solid maple cabinetry with matching interiors, soft close doors and drawers, pantry rollouts, oversized storage cabinets, stunning 3cm quartz countertops, and premium Kohler fixtures. Bathrooms have been thoughtfully reimagined with full height custom vanities, quartz countertops and Kohler fixtures. Additional interior upgrades include COREtec waterproof luxury vinyl plank flooring throughout and premium Haiku smart ceiling fans with integrated wifi controls. The residence also includes highly coveted side by side parking spaces in the secure underground garage, eliminating the inconvenience of tandem parking. Pacific Station residents enjoy exclusive access to upscale community amenities including gated and secure building entrance, beautifully landscaped courtyards, outdoor barbecue areas, and inviting fireplae lounges. Nearby attractions include Moonlight State Beach and Historic Downtown District.

Mortgage Calculator

Est. Monthly Payment

$8,490

Principal & Interest$6,321
Property Tax$1,250
Insurance$365
HOA$555
%($250,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,830
Monthly Cashflow

Rent − PITIA

$-3,661
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,813

Mortgage (P+I)
$6,321
Cap Rate
0.49%
Cash-on-Cash
-27.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$12,380

NOI (Annual)
$6,089
Price-to-Rent

Lower = better for investors

21.6

* 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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