7316 Spinnaker St
Ctop 80%Carlsbad, CA 92011Neighborhood: Poinsettia Shores & Terramar
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 →
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.
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Est. Monthly Payment
$11,924
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.
Comparable Properties
5 comps foundThis Property
$7,133
Comp Average
$6,437
6657 Curlew Terrace
4bd / 3.5ba · 2,670 sqft · Single Family
$2.13M
Est. $7,127/mo
1689 Robin Place
3bd / 2.5ba · 2,323 sqft · Single Family
$1.69M
Est. $5,555/mo
7049 Surfbird Circle
3bd / 2.5ba · 1,705 sqft · Single Family
$1.60M
Est. $5,344/mo
605 Saltgrass Avenue
4bd / 3ba · 2,468 sqft · Single Family
$2.38M
Est. $7,146/mo
976 Blackstilt Ct
4bd / 2.5ba · 2,642 sqft · Single Family
$2.70M
Est. $7,014/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
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)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,848/mo short at 20% down; 87% down or +$10,192/mo rent closes it.
- Break-even price
- $672,114
- Break-even rent
- $17,325/mo
- Cashflow at 35% down
- −$6,091/mo
- Down payment to break even
- 87%
- Rate to break even
- Not reachable
60% under asking
$10,192/mo above the estimate
$1,478,130 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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