806 4th Street

806 4th Street

D

Encinitas, CA 92024

$14,900,000

Soft Appraisal Value: $13,407,800 · 11.1% above estimate

Beds

5

Baths

6

Sqft

5,365

Year Built

1955

Days on Market

122

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2511196

Description

Experience coastal elegance at its finest with this rare 100-foot oceanfront estate in the heart of Encinitas. Perfectly positioned on a private bluff with unobstructed views from La Jolla to San Clemente, this property offers unmatched privacy thanks to empty lots on both sides. Step through a gated entry into a world of sophistication, where a dramatic fire and waterfall feature sets the tone for this architectural masterpiece. The home boasts 2,400 sq. ft. of brand-new ocean-view decking, creating multiple entertaining spaces to soak in panoramic sunsets and city lights. Inside, discover a massive living area with floor-to-ceiling ocean views, a cozy fireplace, and a complete bar for entertaining. The gourmet kitchen, featuring its own fireplace, flows seamlessly to an outdoor BBQ area—ideal for hosting gatherings. Unwind in the saltwater pool and grotto, or enjoy the tranquil koi pond and tropical landscaping. The primary suite offers breathtaking ocean views and a spa-like ensuite, while additional bedrooms include designer bathrooms and private sitting areas. An attached ADU with full kitchen, bath, and laundry provides flexibility for guests or extended family.

Mortgage Calculator

Est. Monthly Payment

$94,588

Principal & Interest$75,343
Property Tax$14,900
Insurance$4,346
%($2,980,000)
%

Investment Score

0D
Est. Monthly Rent
$13,063
Monthly Cashflow

Rent − PITIA

$-81,526
Full Cashflow

Incl. vacancy, PM, maint, capex

$-96,947

Mortgage (P+I)
$75,343
Cap Rate
-1.74%
Cash-on-Cash
-39.04%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.14
Break-even Rent
$138,968

NOI (Annual)
$-259,250
Price-to-Rent

Lower = better for investors

95.1

* 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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