976 Blackstilt Ct
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976 Blackstilt Ct

Dbottom 20%

Carlsbad, CA 92011Neighborhood: Aviara

$2,699,000
NEW — 1d
STR: check · no permits on this tract · TOT 10%

7 licensed short-term rentals within ½ mile (7 whole home), from the cities' license and permit lists of Nov 6, 2026.

None of the 32 homes on this home's recorded tract holds a short-term rental permit, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$15,225/mo full cashflow at 20% down, 7.43% rate.

Works at $716,628 (73% under asking); even all cash loses money at asking.

Rent $7,387/mo from 14 leases of 3–5 bed houses within 1 mi ($6,678–$8,018).

Beds

4

Baths

2.5

Sqft

2,642

Year Built

1997

Days on Market

1

Property Type

Single Family

HOA/mo

$184

MLS ID

NDP2609918

This property is in Carlsbad (92011). View neighborhood stats →

Virtual Tour

About This Property

Tucked behind the gates of Isla Mar, one of Aviara's most sought-after private enclaves, this beautifully maintained single-story presents an exceptional opportunity in a community where homes seldom come to market. Known for its intimate neighborhood setting, quiet streets, and beautifully kept surroundings, Isla Mar offers a level of privacy and distinction that is increasingly difficult to find. From the moment you enter, soaring ceilings, abundant natural light, and an inviting sense of space set the tone. A sunken living room with fireplace makes a memorable first impression, while the adjacent dining room opens through French doors to a separate sitting area, creating a lovely connection to the outdoors and welcoming coastal breezes. The kitchen offers generous cabinetry, a center island with gas cooktop, and an easy connection to the family room, where a second fireplace creates a warm and inviting gathering space. The spacious primary suite offers a retreat of its own, with direct access to the backyard, a generous ensuite featuring separate tub and shower, and an oversized walk-in closet. Two additional bedrooms share a well-appointed hall bathroom, while a separate office offers the flexibility to serve as a fourth bedroom. Abundant storage, a dedicated laundry room, and direct access to the three-car garage add everyday convenience. Meticulously maintained, the home has been thoughtfully improved over the past five years, with enhancements including tile flooring throughout, fresh interior paint, updated baseboards and door hardware, refreshed lighting and ceiling fans, a remodeled secondary bathroom with updated countertops and shower, new toilets throughout, bedroom window coverings, a gas cooktop, and a solar tube bringing additional natural light to the hallway. Additional features include a whole-house fan, rain gutters, and overhead garage storage. And then there's the backyard. Beautifully landscaped and exceptionally private, with no direct rear neighbors, this expansive outdoor setting is something truly special. Mature trees and lush landscaping create a beautiful sense of seclusion, while a dreamy gazebo provides the perfect setting for morning coffee accompanied by birdsong and the peaceful sounds of the garden. A built-in BBQ with gas line, gas fire pit, and spa make the space equally inviting for leisurely afternoons and evenings spent entertaining under the stars. It's the kind of outdoor setting that makes staying home feel like a luxury in itself. Beyond the gates, Isla Mar offers a quiet, welcoming neighborhood with easy access to the natural beauty of Batiquitos Lagoon. Miles of scenic trails invite morning walks, fresh air, and an easy connection to the surrounding open space. The location also places you just minutes from Carlsbad's beautiful beaches, coastal dining, shopping, and convenient access to Interstate 5. Enjoy the best of coastal North County living, with the privacy of a gated community and the natural beauty of the lagoon just beyond your neighborhood. An exceptional home in a truly special setting, all within the highly rated Carlsbad Unified School district.

Mortgage Calculator

Est. Monthly Payment

$18,664

Principal & Interest$14,994
Property Tax$2,699
Insurance$787
HOA$184
%($539,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Aviara Oaks Elementary · grades PK-5 · Carlsbad Unified

  • Middle

    Aviara Oaks Middle · grades 6-8 · Carlsbad Unified

  • High

    Sage Creek High · grades 9-12 · Carlsbad Unified

    or Carlsbad High · grades 9-12 · Carlsbad Unified

    Choice area: the district lets families here pick either school.

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

1D
Est. Monthly Rent
$7,387

14 leases of 3–5 bed houses within 1 mi · $6,678–$8,018

Blended 50/50 with the zip's market median ($7,415)

Monthly Cashflow

Rent − PITIA

-$11,277
Full Cashflow

Incl. vacancy, PM, maint, capex

-$15,225

What would make this work?

$15,225/mo short at 20% down; +$19,773/mo rent closes it.

Break-even price

73% under asking

$716,628
Break-even rent

$19,773/mo above the estimate

$27,160/mo
Cashflow at 35% down
−$12,414/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$14,994
Cap Rate
0.06%
Cash-on-Cash
-33.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.40

NOI (Annual)
$1,658
Price-to-Rent

Lower = better for investors

30.4

* 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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DCashflow−$15,225/mo