7316 Spinnaker St

7316 Spinnaker St

Ctop 80%

Carlsbad, CA 92011Neighborhood: Poinsettia Shores & Terramar

$1,699,000
NEW — 0d
STR: check · no permits in this complex · TOT 10%

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 16-unit complex 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: -$7,848/mo full cashflow at 20% down, 7.36% rate.

Works at $672,114 (60% under asking), or at 87% down.

Rent $7,133/mo from 16 leases of 3–5 bed houses within 1 mi ($6,157–$7,343).

Beds

4

Baths

2.5

Sqft

2,220

Year Built

2000

Days on Market

0

Property Type

Single Family

HOA/mo

$356

MLS ID

NDP2610230

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

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About This Property

Experience Southern California coastal living just a short walk to Ponto Beach. Located west of Interstate 5 in the sought-after gated Ocean Walk community in South Carlsbad, this detached two-story home with 4 bedrooms, 2.5 baths and 2,220 square feet is one of the community’s largest floor plans and rarely becomes available. Recent improvements include a new roof and exterior paint in 2025, followed by fresh interior paint and new upstairs carpeting in 2026. The kitchen and bathrooms retain their original finishes, offering an opportunity to personalize the home over time. Inside, the formal living and dining areas have bamboo flooring, abundant natural light, and plantation-style wood shutters. Toward the back of the home, the kitchen and family room come together in one open, connected space. The kitchen has a center island with bar seating, tile countertops, and stainless-steel appliances, while the adjoining family room offers a fireplace and built-in media nook. A built-in desk area provides additional workspace, and central air conditioning adds year-round comfort. Upstairs, the primary suite has a walk-in closet, dual vanities, a soaking tub and a separate walk-in shower. Two of the three other bedrooms also have walk-in closets. A second built-in desk niche in the upstairs hallway and an inside laundry room add everyday convenience.Outside, a private patio provides space to unwind, entertain, or rinse off after the beach with an outdoor surf shower. A two-car garage offers additional storage and parking. Residents of Ocean Walk enjoy gated access and community amenities including a pool, spa, tennis, basketball and volleyball courts, barbecue areas, a dog park, and walking trails. Poinsettia Village and the Poinsettia COASTER station are also within walking distance, with Poinsettia Park nearby. A coastal South Carlsbad home with room to make it your own.

Mortgage Calculator

Est. Monthly Payment

$11,924

Principal & Interest$9,374
Property Tax$1,699
Insurance$496
HOA$356
%($339,800)
%
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

13C
Est. Monthly Rent
$7,133

16 leases of 3–5 bed houses within 1 mi · $6,157–$7,343

Blended 50/50 with the zip's market median ($7,425)

Monthly Cashflow

Rent − PITIA

-$4,792
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,848

What would make this work?

$7,848/mo short at 20% down; 87% down or +$10,192/mo rent closes it.

Break-even price

60% under asking

$672,114
Break-even rent

$10,192/mo above the estimate

$17,325/mo
Cashflow at 35% down
−$6,091/mo
Down payment to break even

$1,478,130 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$9,374
Cap Rate
1.33%
Cash-on-Cash
-27.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$22,587
Price-to-Rent

Lower = better for investors

19.8

* Modelled at 20% down, 7.36% 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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CCashflow−$7,848/mo