8416 Hidden Cove Way
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8416 Hidden Cove Way

D

4S Ranch, CA 92127

$4,995,000
NEW — 2d

Soft Appraisal Value: $4,844,800 · 3.1% above estimate

Beds

7

Baths

8

Sqft

6,743

Year Built

2020

Days on Market

2

Property Type

Single Family

HOA/mo

$630

MLS ID

260010828SD

This property is in 4S Ranch (92127). View neighborhood stats →

Virtual Tour

About This Property

Indulge in the height of luxury living in one of San Diego’s most desirable neighborhoods. Situated in the prestigious guard gated community of The Lakes, this magnificent Sterling Heights Estate features a generous view lot, vibrant landscaping, and exceptional resort-style amenities. Built in 2020 by Lennar Homes, this exquisite home enjoys a premium lot with panoramic mountain vistas. Step outside to a backyard oasis built for both entertaining and unwinding—complete with a sleek modern pool and spa, a full outdoor kitchen, ample turf for play, and a sitting area where you can relax and take in stunning San Diego sunsets. This highly upgraded 5665 sf main house is complimented by a detached casita offering 1078 sf, a full kitchen, living room with fireplace, 2 bedrooms, 2.5 bathrooms and laundry area. The thoughtfully designed Sterling Heights Plan 3 layout offers a spacious main-level bedroom with an ensuite bath, along with a versatile bonus room ideal for a game room. Upstairs, the luxurious primary suite overlooks the resort-style pool and includes a spa-inspired bathroom with dual vanities, a large soaking tub, and an oversized walk-in shower. Three additional upstairs bedrooms each feature en suite bathrooms. A generous loft provides flexible space for a media room, play area, or additional living space, while the oversized laundry room adds convenience with plenty of storage. Upon entering this magnificent home you will be greeted by soaring 22-foot ceilings in the living area creating a dramatic sense of space. The formal dining room and chef’s kitchen—featuring a sleek, contemporary white upgraded backsplash—offer the ideal setting for stylish entertaining. Expansive windows and a wall of retractable glass doors bathe the living spaces in natural light, perfectly complementing the elegant luxury vinyl plank flooring that flows throughout the home. This spectacular home perfectly blurs the lines between indoors and out with its multiple covered patios and decks creating the quintessential California experience. The resort style backyard features a large salt water pool and hot tub with built-in water feature and baja shelf, 2 California rooms (one with a fireplace), a sunken outdoor kitchen with swim up bar and firepit, and a sunset viewing area with firepit. The Lakes community features lakes, mountains vistas and access to The Crosby Golf & Tennis Club.

Mortgage Calculator

Est. Monthly Payment

$32,339

Principal & Interest$25,257
Property Tax$4,995
Insurance$1,457
HOA$630
%($999,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$10,586
Monthly Cashflow

Rent − PITIA

$-21,753
Full Cashflow

Incl. vacancy, PM, maint, capex

$-28,351

Mortgage (P+I)
$25,257
Cap Rate
-0.74%
Cash-on-Cash
-34.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$47,405

NOI (Annual)
$-37,119
Price-to-Rent

Lower = better for investors

39.3

* 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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