793 Michael Ct
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793 Michael Ct

D

Vista, CA 92081

$1,179,000

Soft Appraisal Value: $1,178,000 · 0.1% above estimate

Beds

4

Baths

3.5

Sqft

2,442

Year Built

2026

Days on Market

45

Property Type

Single Family

HOA/mo

$361

MLS ID

260008280SD

This property is in Vista (92081). View neighborhood stats →

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About This Property

This Home is on Sale with over $50,000 in Buyer Incentives. Don't miss this opportunity! One Home Only at this price! Interest Rate Incentives. 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. 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. If you picture your kids riding bikes down a quiet street, walking to school, and growing up in a neighborhood where people know each other, Melrose Pointe in South Vista delivers exactly that kind of lifestyle. These brand-new detached homes are designed for move-up buyers who want more space, more comfort, and a community that feels welcoming from day one. A More Personal Neighborhood in South Vista Melrose Pointe is not a massive master-planned development. It is an intimate enclave in one of South Vista’s most desirable locations, giving buyers the rare combination of privacy, community, and everyday convenience. Set on a private street near Breeze Hill Elementary, Melrose Pointe offers the kind of location families look for when they want to simplify the day-to-day while still living in a beautiful, thoughtfully designed home. Homes Designed for the Way Families Live Now The homes at Melrose Pointe give families the flexibility they need without sacrificing style. Plan 2 offers approximately 2,442 square feet with 4 bedrooms, 3.5 bathrooms, a 2-car garage, a ground-floor guest suite, and an upstairs loft. That means more usable space for real life—room for grandparents to visit, a private office for work, a separate hangout area for kids, and open-concept living that keeps everyone connected. Large backyards add even more value, giving buyers room for play, pets, entertaining, or future outdoor upgrades. The Lifestyle Move-Up Buyers Are Looking For For many families, Melrose Pointe represents the next step forward: more space than a starter home, a better everyday layout, and a neighborhood that supports the life they want to build. With a South Vista address, strong neighborhood appeal, and homes that feel current and comfortable, Melrose Pointe is a place where buyers can feel confident putting down roots..This home can be sold with an interest rate buydown, Landscape allowance. Solar Battery....for May closing

Mortgage Calculator

Est. Monthly Payment

$7,846

Principal & Interest$5,962
Property Tax$1,179
Insurance$344
HOA$361
%($235,800)
%

Location

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Investment Score

3D
Est. Monthly Rent
$4,127
Monthly Cashflow

Rent − PITIA

$-3,719
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,650

Mortgage (P+I)
$5,962
Cap Rate
0.32%
Cash-on-Cash
-28.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$11,465

NOI (Annual)
$3,735
Price-to-Rent

Lower = better for investors

23.8

* 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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