916 Mimosa
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916 Mimosa

D

Vista, CA 92081

$1,099,985

Soft Appraisal Value: $1,075,400 · 2.3% above estimate

Beds

4

Baths

2.5

Sqft

1,984

Year Built

1980

Days on Market

95

Property Type

Single Family

HOA/mo

$180

MLS ID

NDP2601489

This property is in Vista (92081). View neighborhood stats →

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About This Property

Tucked inside a private gated and enclave of only 40 homes, offering a rare blend of space, flexibility, & lifestyle amenities in North County. Built in 1980 and thoughtfully refreshed, this single-family residence spans just under 2000 sf and situated on a flat and usable 0.15-acre lot. The floor plan is designed for real life. A downstairs primary suite, two separate living areas, and four true bedrooms provide the flexibility today’s buyers are actively seeking—whether for home offices, guest space, or multigenerational living. The home features an updated kitchen with high-end appliances and custom cabinetry, refreshed bathrooms, tile flooring, new windows, new roof, new exterior stucco, and a screened-in patio that extends everyday living to the outdoors. One of the standout features is the dual backyard layout. The home backs to open space and parkland, including an accessible gate, creating a sense of privacy and greenery rarely found in similar neighborhoods. Both yard areas are acceptable by the city to accommodate an ADU, offering exceptional future potential for rental income, guest quarters, or extended family use. Additional upgrades include new decking, a refinished driveway, refreshed landscaping, and a two-car attached garage with ample parking. The neighborhood itself enhances the lifestyle appeal. Residents enjoy four parks, two playgrounds, walking trails and 20 acres of open space. The community is part of Rancho Vista Estates and Rancho Vista Stables (Equestrian) — a truly distinctive amenity in San Diego County. Homeowners have the rare opportunity to board their horse within walking distance of home, with access to riding arenas, scenic trails, stalls, tack rooms, lessons, and professional training. This level of integrated equestrian access is exceptionally uncommon in the region. Adding further value, the property feeds into the highly sought-after San Marcos School District, offering a notable advantage over surrounding Vista schools. Conveniently located near San Marcos, Carlsbad, and the SR-78 corridor, the home feels connected without sacrificing privacy or tranquility. In short, 916 Mimosa Ave delivers comfort, functionality, and future optionality in a setting that quietly stands apart. A compelling opportunity for buyers seeking long-term value, lifestyle flexibility, and a community that offers something truly different and is rare to encounter.

Mortgage Calculator

Est. Monthly Payment

$7,163

Principal & Interest$5,562
Property Tax$1,100
Insurance$321
HOA$180
%($219,997)
%

Location

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Investment Score

15D
Est. Monthly Rent
$4,550
Monthly Cashflow

Rent − PITIA

$-2,613
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,576

Mortgage (P+I)
$5,562
Cap Rate
1.08%
Cash-on-Cash
-24.96%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$10,493

NOI (Annual)
$11,830
Price-to-Rent

Lower = better for investors

20.1

* 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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