7949 Sitio Redonda
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7949 Sitio Redonda

D

Carlsbad, CA 92009

$3,795,000
NEW — 0d

Beds

5

Baths

4.5

Sqft

4,940

Year Built

1998

Days on Market

0

Property Type

Single Family

HOA/mo

$355

MLS ID

NDP2603901

This property is in Carlsbad (92009). View neighborhood stats →

Virtual Tour

About This Property

RARELY does a property come to market that TRULY HAS IT ALL: a great neighborhood, large private parcel, gorgeous grounds, west-facing backyard & a flexible floorplan. Located on a quiet cul-de-sac in THE RANCH, an enclave between Olivenhain & La Costa, this exceptional estate offers PRIVACY, scale & COASTAL ELEGANCE. Set on the “developer’s own” PRIME .61 ACRE LOT, it feels like an elevated tropical island with ONLY ONE adjacent neighbor. A private courtyard leads to custom glass entry doors with HANDCRAFTED WALNUT live-edge handles. Inside, nearly 5,000 sq ft of thoughtfully designed space offers STYLE & FLEXIBILITY. The formal living room, currently styled as a spacious dining area, features a WALL OF WINDOWS framing a CASCADING WATERFALL, POOL & PALMS. The formal dining room has been thoughtfully repurposed as a stylish family office. At the HEART OF THE HOME, the inviting family room centers around a STONE FIREPLACE with expansive windows. The ISLAND KITCHEN opens to a breakfast area with French doors to the backyard. A large RECREATION ROOM serves as the ACTIVITY HUB, with space for a pool table, gym, lounge & putting practice. LIVES LIKE A SINGLE STORY with a primary suite & 2 additional bedrooms on the main level. While upstairs there are 2 more bedrooms & a living room with deck, ideal for guests, office, bonus space or MULTIGENERATIONAL LIVING. The primary retreat features French doors to the yard, a SPA-LIKE bath & custom dream closet. The backyard is a PRIVATE RESORT with a dramatic waterfall, freeform pool & spa, outdoor kitchen & lush tropical landscaping and a custom designed outdoor shower. Located in the highly regarded Encinitas School District and just minutes from beaches, shopping, and dining.

Mortgage Calculator

Est. Monthly Payment

$24,446

Principal & Interest$19,190
Property Tax$3,795
Insurance$1,107
HOA$355
%($759,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,808
Monthly Cashflow

Rent − PITIA

$-16,639
Full Cashflow

Incl. vacancy, PM, maint, capex

$-21,597

Mortgage (P+I)
$19,190
Cap Rate
-0.76%
Cash-on-Cash
-34.15%
DSCR

Need ≥ 1.25 for DSCR loan

0.32
Break-even Rent
$35,856

NOI (Annual)
$-28,888
Price-to-Rent

Lower = better for investors

40.5

* 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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