900 Channel Island Drive

900 Channel Island Drive

C

Encinitas, CA 92024

$3,995,000

Soft Appraisal Value: $3,842,200 · 4.0% above estimate

Beds

4

Baths

3.5

Sqft

2,500

Year Built

2016

Days on Market

50

Property Type

Single Family

HOA/mo

$254

MLS ID

NDP2604063

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

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About This Property

Perched in one of the most coveted locations within 1 Channel Island, this exceptional Single-Level residence captures the essence of refined coastal living in Encinitas. Bathed in natural light, the home showcases soaring ceilings, modern finishes, and a seamless indoor-outdoor flow designed for effortless living and entertaining. The open-concept layout centers around a stunning chef’s kitchen with an oversized island, quartz countertops, premium stainless steel appliances, and sweeping Ocean Views. Outside, a private resort-style retreat awaits—complete with a pool, spa, sauna, outdoor shower, and a covered patio with infrared heaters, all framed by ocean breezes and vibrant sunsets. The primary suite offers a luxurious, spa-inspired escape with a customized walk-in closet. There’s are two additional bedrooms plus an office/flex space which offers flexibility and comfort. The third bedroom is en-suite with a thoughtfully designed oversized bathroom with direct backyard access - a value enhancing upgrade you won’t find in the other builder’s models. Set on a quiet cul-de-sac and enhanced by an expanded fully owned solar system, this home blends luxury, efficiency, and the relaxed sophistication of Southern California coastal living—an exceptional opportunity in a truly premier setting.

Mortgage Calculator

Est. Monthly Payment

$25,615

Principal & Interest$20,201
Property Tax$3,995
Insurance$1,165
HOA$254
%($799,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,603
Monthly Cashflow

Rent − PITIA

$-18,012
Full Cashflow

Incl. vacancy, PM, maint, capex

$-23,090

Mortgage (P+I)
$20,201
Cap Rate
-0.87%
Cash-on-Cash
-34.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$37,590

NOI (Annual)
$-34,666
Price-to-Rent

Lower = better for investors

43.8

* 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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