7971 Paseo Esmerado
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7971 Paseo Esmerado

D

Carlsbad, CA 92009

$3,690,000

Soft Appraisal Value: $3,573,500 · 3.3% above estimate

Beds

5

Baths

4.5

Sqft

4,609

Year Built

1999

Days on Market

8

Property Type

Single Family

HOA/mo

$355

MLS ID

NDP2604658

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

Virtual Tour

About This Property

Welcome home to 7971 Paseo Esmerado! Perched atop a spacious .58-acre lot in The Ranch of Carlsbad, this stunning Craftsman offers sweeping views, generous living spaces, and a warm, welcoming feel throughout. With 5 bedrooms, 4.5 baths, a spacious upstairs bonus room, downstairs office/music room, and approximately 4,609 square feet, the home features a flexible layout designed to comfortably accommodate both everyday living and entertaining. This highly sought-after Centex Plan 5 floorplan includes a desirable downstairs bedroom with an ensuite bath, expansive gathering spaces, and seamless indoor-outdoor flow that connects beautifully to the backyard and surrounding views. The expansive lot offers exceptional usability with room for a future pool, outdoor dining, gardens, or play areas, while backing to permanently protected open space and wildlife preserve land that will never be built on. The canyon setting creates a rare sense of privacy, tranquility, and connection to nature, with HOA-maintained slope landscaping and preserved habitat extending beyond the property. Over the years, the home has been thoughtfully updated and meticulously maintained. Improvements include fresh interior paint, replaced first-floor flooring, a rebuilt banister, refaced kitchen cabinetry, refreshed downstairs and upstairs kids’ bathrooms, majority window replacement, solar panels, water softener system, whole house fan, replaced west-side fencing, and updated kitchen appliances including the Subzero refrigerator, KitchenAid dishwasher, KitchenAid oven, Thermador range and disposal. Designed to be enjoyed year-round, the backyard offers multiple spaces to gather, entertain, and unwind while taking in the views. A built-in BBQ, above-ground jacuzzi, and expansive yard create a setting that feels both peaceful and inviting. Additional highlights include a 4-car garage with substantial storage and access to top-rated schools. Located in one of North County’s most sought-after communities, the home is just minutes from shopping, restaurants, golf, trails, and the coast while still feeling tucked away and serene.

Mortgage Calculator

Est. Monthly Payment

$23,780

Principal & Interest$18,659
Property Tax$3,690
Insurance$1,076
HOA$355
%($738,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,999
Monthly Cashflow

Rent − PITIA

$-15,781
Full Cashflow

Incl. vacancy, PM, maint, capex

$-20,695

Mortgage (P+I)
$18,659
Cap Rate
-0.66%
Cash-on-Cash
-33.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.34
Break-even Rent
$34,876

NOI (Annual)
$-24,441
Price-to-Rent

Lower = better for investors

38.4

* 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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