816 Conestoga Ct Lot 5

816 Conestoga Ct Lot 5

Ctop 80%

Encinitas, CA 92024

$3,995,000
NEW — 0d

Pass at asking: -$15,927/mo full cashflow at 20% down, 7.49% rate.

Works at $1,930,086 (52% under asking), or at 78% down.

Rent $19,751/mo from 10 leases of 3–5 bed houses within 1 mi ($10,631–$22,752).

Beds

4

Baths

4.5

Sqft

4,670

Year Built

2026

Days on Market

0

Property Type

Single Family

HOA/mo

$321

MLS ID

260026223SD

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

About This Property

Brand-new, move-in-ready luxury living less than two miles from the beach in Encinitas. Set within the private cul-de-sac community of Ocean Knoll, this 4,670-square-foot residence offers 4 bedrooms, a dedicated office, spacious loft, 4.5 baths, and beautiful ocean views. Thoughtfully designed by FIXE Design House, the home showcases a rich, moody interior palette, an exceptional collection of custom finishes and premium upgrades, and beautifully landscaped outdoor spaces ready to enjoy from day one. Authentic reclaimed wood beams, wide-plank white oak floors, designer lighting, and elevated natural materials create a sophisticated and welcoming interior. The chef's kitchen features custom cabinetry, Carrara marble and black leathered granite countertops, and a premium Fisher & Paykel appliance package with a 48-inch Series 11 professional range and integrated paneled appliances. A built-in bar with beverage refrigerator and paneled Scotsman ice maker, along with expansive Andersen doors opening to the west-facing backyard, further elevate the home's effortless indoor-outdoor living. The thoughtfully designed floor plan offers open living and entertaining spaces that connect seamlessly to the backyard. Upstairs, the ocean-view primary retreat features vaulted ceilings with wood beam accents, a private sitting room, and a spa-inspired bath. Two additional generously sized bedrooms, two full baths, a dedicated office, and a spacious loft provide exceptional flexibility for family and guests. Additional highlights include owned solar, Tesla Powerwall 3 battery backup, EV charging prewire, high-efficiency HVAC, and Andersen windows and doors throughout. Ideally located in coastal Encinitas, Ocean Knoll offers the rare opportunity to enjoy brand-new luxury construction with designer-curated interiors, exceptional craftsmanship, and immediate move-in readiness, just minutes from beaches, shopping, dining, and everything that makes Encinitas so desirable.

Mortgage Calculator

Est. Monthly Payment

$27,806

Principal & Interest$22,325
Property Tax$3,995
Insurance$1,165
HOA$321
%($799,000)
%
Loan Term

Location

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Investment Score

23C
Est. Monthly Rent
$19,751

10 leases of 3–5 bed houses within 1 mi · $10,631–$22,752

Monthly Cashflow

Rent − PITIA

-$8,055
Full Cashflow

Incl. vacancy, PM, maint, capex

-$15,927

What would make this work?

$15,927/mo short at 20% down; 78% down or +$20,684/mo rent closes it.

Break-even price

52% under asking

$1,930,086
Break-even rent

$20,684/mo above the estimate

$40,435/mo
Cashflow at 35% down
−$11,741/mo
Down payment to break even

$3,116,100 cash

78%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$22,325
Cap Rate
2.22%
Cash-on-Cash
-23.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$88,628
Price-to-Rent

Lower = better for investors

16.9

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$15,927/mo