7051 Heron Circle
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7051 Heron Circle

Dbottom 20%

Carlsbad, CA 92011Neighborhood: Poinsettia

$3,995,000
NEW — 0d
STR: check · no permits on this tract · TOT 10%

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 6, 2026.

None of the 183 homes on this home's recorded tract holds a short-term rental permit, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$24,002/mo full cashflow at 20% down, 7.43% rate.

Works at $869,865 (78% under asking); even all cash loses money at asking.

Rent $8,986/mo from 20 leases of 4–6 bed houses within 2 mi ($7,896–$10,242).

Beds

5

Baths

4.5

Sqft

4,203

Year Built

2005

Days on Market

0

Property Type

Single Family

HOA/mo

$238

MLS ID

NDP2609798

This property is in Carlsbad (92011). View neighborhood stats →

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About This Property

Coastal Bay Collection masterpiece on an irreplaceable 0.55-acre lot, unheard of this close to the beach. Stunning contemporary 5-bedroom residence with a resort-style backyard built for entertaining. A soaring rotunda entry opens to formal living with gas fireplace, dining room with built-ins and dual beverage fridges, and office/den. Downstairs bedroom with private entrance and en suite bath. Remodeled kitchen with refaced cabinetry, new stone counters, custom hood, KitchenAid double ovens, 6-burner range, walk-in pantry and coffee bar, open to the great room. Dual staircases lead to a bonus/media room and primary suite with walkout deck, custom walk-in closet, jetted tub and dual-head rain shower. Remodeled secondary baths, new flooring, fresh paint inside and out. Outside: pool with Baja shelf and waterfall, spa, 10-burner BBQ island, gas fireplace, sport court, putting green and landscape lighting. Owned solar, whole-house water filtration, sound system, 3-car epoxy garage.

Mortgage Calculator

Est. Monthly Payment

$27,592

Principal & Interest$22,194
Property Tax$3,995
Insurance$1,165
HOA$238
%($799,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Pacific Rim Elementary · grades K-5 · Carlsbad Unified

  • Middle

    Aviara Oaks Middle · grades 6-8 · Carlsbad Unified

  • High

    Sage Creek High · grades 9-12 · Carlsbad Unified

    or Carlsbad High · grades 9-12 · Carlsbad Unified

    Choice area: the district lets families here pick either school.

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$8,986

20 leases of 4–6 bed houses within 2 mi · $7,896–$10,242

Monthly Cashflow

Rent − PITIA

-$18,606
Full Cashflow

Incl. vacancy, PM, maint, capex

-$24,002

What would make this work?

$24,002/mo short at 20% down; +$31,171/mo rent closes it.

Break-even price

78% under asking

$869,865
Break-even rent

$31,171/mo above the estimate

$40,157/mo
Cashflow at 35% down
−$19,840/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)
$22,194
Cap Rate
-0.41%
Cash-on-Cash
-36.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.33

NOI (Annual)
-$16,304
Price-to-Rent

Lower = better for investors

37.0

* 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−$24,002/mo