
824 Conestoga Ct Lot 3
Ctop 80%Encinitas, CA 92024Neighborhood: Old Encinitas
40 licensed short-term rentals within ½ mile (34 whole home), from the cities' license and permit lists of Nov 6, 2026.
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$18,564/mo full cashflow at 20% down, 7.43% rate.
Works at $1,877,953 (56% under asking), or at 83% down.
Rent $19,149/mo from 11 leases of 4-bed houses within 2 mi ($13,458–$23,248).
Beds
4
Baths
4.5
Sqft
4,641
Year Built
2026
Days on Market
0
Property Type
Single Family
HOA/mo
$321
MLS ID
260026391SD
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 on a premier cul-de-sac lot within Ocean Knoll, this exceptional residence offers sweeping ocean views, one of the largest and most usable backyards in the community, and beautifully designed indoor-outdoor living spaces. Thoughtfully designed by FIXE Design House, the home showcases an exceptional collection of custom finishes and premium upgrades, with professionally landscaped outdoor spaces ready to enjoy from day one. Expansive living spaces, designer lighting, custom millwork, and a striking fireplace wall create a sophisticated and welcoming interior. The chef's kitchen features custom cabinetry, honed Carrara marble countertops, handcrafted zellige tile, a custom plaster hood, and a premium Fisher & Paykel appliance package with a 48-inch professional range and integrated paneled appliances. A built-in bar and expansive Andersen doors opening to the oversized backyard, with room for pool and outdoor kitchen, further elevate the home's effortless indoor-outdoor living. The thoughtfully designed floor plan includes a first-floor guest suite with full bath and an inviting interior California Room accessed through French doors. Upstairs, the ocean-view primary retreat features a private sitting room, spa-inspired bath, oversized walk-in closet, and direct laundry room access. Two additional oversized bedrooms, two full baths, a dedicated office, and a spacious loft opening to a private ocean-view deck complete the upper level. Additional highlights include owned solar, Tesla battery backup, high-efficiency HVAC, upgraded audio-visual features, and smart security systems. 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.
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Est. Monthly Payment
$29,729
Location
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Comparable Properties
5 comps foundThis Property
$19,149
Comp Average
$11,875
772 Conestoga Ct Lot 7
4bd / 4.5ba · 4,660 sqft · Single Family
$4.00M
Est. $12,458/mo
816 Conestoga Ct Lot 5
4bd / 4.5ba · 4,670 sqft · Single Family
$4.00M
Est. $12,471/mo
1331 Berryman Canyon Road
4bd / 3.5ba · 4,971 sqft · Single Family
$4.00M
Est. $11,943/mo
1341 Berryman Canyon Road
5bd / 4.5ba · 5,064 sqft · Single Family
$4.29M
Est. $13,006/mo
1651 Bella Laguna Court
5bd / 4.5ba · 4,576 sqft · Single Family
$4.50M
Est. $9,499/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 4-bed houses within 2 mi · $13,458–$23,248
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$18,564/mo short at 20% down; 83% down or +$24,109/mo rent closes it.
- Break-even price
- $1,877,953
- Break-even rent
- $43,258/mo
- Cashflow at 35% down
- −$14,090/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
56% under asking
$24,109/mo above the estimate
$3,564,850 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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