772 Conestoga Ct Lot 7

772 Conestoga Ct Lot 7

Ctop 80%

Encinitas, CA 92024

$3,995,000
NEW — 0d

Pass at asking: -$21,543/mo full cashflow at 20% down, 7.49% rate.

Works at $1,201,991 (70% under asking), or at 98% down.

Rent $12,458/mo from 8 leases of 3–5 bed houses within 1 mi ($10,144–$14,040).

Beds

4

Baths

4.5

Sqft

4,660

Year Built

2026

Days on Market

0

Property Type

Single Family

HOA/mo

$321

MLS ID

260026225SD

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

About This Property

Positioned on a private cul-de-sac, this thoughtfully designed modern farmhouse offers approximately 4,660 square feet with 4 spacious bedrooms, 4.5 baths, a dedicated office, expansive loft, and a highly functional floor plan. Curated by renowned FIXE Design House, the interiors blend timeless architecture with warm, light-filled living spaces, elevated designer finishes, and seamless indoor-outdoor flow. Oversized Andersen sliding doors connect the great room to the backyard, creating an effortless extension of the home's main living spaces. The chef's kitchen pairs refined craftsmanship with everyday functionality, featuring custom slim shaker cabinetry, honed Bianco Carrara marble countertops, a matte porcelain herringbone backsplash, custom plaster range hood, and a premium Fisher & Paykel appliance suite including a 48-inch professional range, built-in refrigerator and freezer, beverage refrigerator, and Scotsman ice maker. A custom wet bar and beverage center further enhance the home's entertaining appeal. The flexible floor plan includes a private first-floor guest suite with en-suite bath, an elegant powder room, and an inviting interior California Room accessed through French doors. Upstairs, the luxurious primary suite serves as a peaceful retreat with a private sitting room, spa-inspired bath, oversized walk-in closet, and direct access to the laundry room. Two additional bedroom suites, a spacious loft, and a dedicated office complete the upper level. Thoughtfully equipped for modern living, the home includes an owned solar system with Tesla backup battery, prewiring for whole-home audio/visual and security systems, and the quality, efficiency, and peace of mind that come with brand new construction. Located less than two miles from Encinitas' world-class beaches and just moments from award-winning schools, shopping, dining, golf, and convenient freeway access, Ocean Knoll offers a rare blend of privacy, coastal convenience, and timeless design. With only nine residences in the community, this is a rare opportunity to own a beautifully crafted luxury home in one of North County's most sought-after new neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$27,806

Principal & Interest$22,325
Property Tax$3,995
Insurance$1,165
HOA$321
%($799,000)
%
Loan Term

Location

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Investment Score

4C
Est. Monthly Rent
$12,458

8 leases of 3–5 bed houses within 1 mi · $10,144–$14,040

Monthly Cashflow

Rent − PITIA

-$15,348
Full Cashflow

Incl. vacancy, PM, maint, capex

-$21,543

What would make this work?

$21,543/mo short at 20% down; 98% down or +$27,977/mo rent closes it.

Break-even price

70% under asking

$1,201,991
Break-even rent

$27,977/mo above the estimate

$40,435/mo
Cashflow at 35% down
−$17,357/mo
Down payment to break even

$3,915,100 cash

98%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$22,325
Cap Rate
0.42%
Cash-on-Cash
-32.35%
DSCR

Need ≥ 1.25 for DSCR loan

0.45

NOI (Annual)
$16,865
Price-to-Rent

Lower = better for investors

26.7

* Modelled at 20% down, 7.49% 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−$21,543/mo