806 4th Street
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806 4th Street

C

Encinitas, CA 92024

$12,900,000

Soft Appraisal Value: $12,246,800 · 5.3% above estimate

Beds

5

Baths

6

Sqft

5,365

Year Built

1955

Days on Market

216

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2511196

This property is in Encinitas (92024). View neighborhood stats →

Virtual Tour

About This Property

There are 21 miles of coastline in San Diego County. Only a handful of properties sit directly on the bluff — and only one controls 100 uninterrupted feet of it, flanked by empty lots on both sides. 806 4th Street is not just a home. It is a land position that cannot be recreated. From La Jolla to San Clemente, the Pacific is yours — unobstructed, private, permanent. The 5,365 sq ft estate behind it is extraordinary. But the ground it stands on is irreplaceable. 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

$81,892

Principal & Interest$65,229
Property Tax$12,900
Insurance$3,762
%($2,580,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$9,282
Monthly Cashflow

Rent − PITIA

$-72,609
Full Cashflow

Incl. vacancy, PM, maint, capex

$-85,494

Mortgage (P+I)
$65,229
Cap Rate
-1.89%
Cash-on-Cash
-39.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.11
Break-even Rent
$120,314

NOI (Annual)
$-243,178
Price-to-Rent

Lower = better for investors

115.8

* 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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