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751 Merit Dr
1 / 20

751 Merit Dr

D

San Marcos, CA 92078

$1,499,999

Beds

4

Baths

3

Sqft

2,646

Year Built

2020

Days on Market

87

Property Type

Single Family

HOA/mo

N/A

MLS ID

260003621SD

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

Introducing a rare, modern, upscale residence behind the gates of Vientos at Rancho Tesoro, blending elevated design, comfort, and lifestyle. This highly upgraded, open-concept home features premium finishes, custom paint, upgraded baseboards, and designer ceiling fans. The chef-inspired kitchen features KitchenAid stainless-steel appliances, Caesarstone countertops, a decorative tile backsplash, stained driftwood shaker cabinetry with a pull-out pantry, a 5-burner gas cooktop, a built-in oven/microwave, a commercial-style hood, and custom floating shelves. Porcelain tile flooring, double-padded Berber carpet, Hunter Douglas Hybrid shutters, Provenance woven shades, and insulated walls enhance privacy. Downstairs, a bedroom with a pocket door creates a private en suite with a custom tile shower and a mirrored wardrobe. Paid solar with a backup battery and an epoxy-finished 2-car garage with overhead storage. Enjoy community amenities such as a pool, playground, BBQ area, and a private outdoor lounge with an industrial ceiling fan, perfect for morning coffee, gardening, or relaxing in your jacuzzi. Nearby, highly rated schools, shops, restaurants, grocery stores, fitness studios, and cafés are easily accessible via SR-78 and I-15, connecting to Carlsbad, Encinitas, Escondido, and beyond. Over 50% of the community is open space with 18 miles of trails, making outdoor activities part of daily life.

Mortgage Calculator

Est. Monthly Payment

$9,522

Principal & Interest$7,585
Property Tax$1,500
Insurance$437
%($300,000)
%

Location

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Investment Score

6D
Est. Monthly Rent
$5,174
Monthly Cashflow

Rent − PITIA

$-4,348
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,788

Mortgage (P+I)
$7,585
Cap Rate
0.64%
Cash-on-Cash
-27.15%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$13,989

NOI (Annual)
$9,564
Price-to-Rent

Lower = better for investors

24.2

* 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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