789 Michael Ct

789 Michael Ct

D

Vista, CA 92081

$1,250,000

Soft Appraisal Value: $1,246,400 · 0.3% above estimate

Beds

4

Baths

3.5

Sqft

2,442

Year Built

2026

Days on Market

53

Property Type

Single Family

HOA/mo

$361

MLS ID

260003285SD

Description

New Construction with exceptional backyard and outdoor living spaces - Move in Ready. Welcome to South Vista’s newest luxury enclave—an exclusive release of just nine homes in Phase One, with move-ins beginning February 2026. Ideally located steps from Breeze Hill Elementary, this intimate community blends modern comfort with thoughtful design in one of Vista’s most desirable neighborhoods. These stunning two-story homes feature 4 spacious bedrooms and 3 full bathrooms plus a powder room, including a ground-level guest suite perfect for multigenerational living or visiting guests. Bright, open-concept living showcases quartz countertops, custom-tiled showers, luxury vinyl plank flooring, gourmet kitchen, with center island, premium Bosch appliance package with a range, dishwasher, 36-inch refrigerator, and microwave. Classic tile roofs and refined designer finishes elevate the style throughout. Each homesite offers large private backyards ideal for outdoor living—with ample room to add a swimming pool, garden, or expanded entertainment area. Additional highlights include 2-car garages, a private street, and a base solar system included for energy efficiency. With limited availability in this premier location, these homes offer the perfect blend of luxury, convenience, and value in the heart of South Vista. Secure one of the first releases today. Use 1205 Melrose Way as the new project gps address.

Mortgage Calculator

Est. Monthly Payment

$8,296

Principal & Interest$6,321
Property Tax$1,250
Insurance$365
HOA$361
%($250,000)
%

Investment Score

4D
Est. Monthly Rent
$5,599
Monthly Cashflow

Rent − PITIA

$-2,698
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,027

Mortgage (P+I)
$6,321
Cap Rate
1.24%
Cash-on-Cash
-24.13%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$12,128

NOI (Annual)
$15,523
Price-to-Rent

Lower = better for investors

18.6

* 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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