985 San Pablo Dr

985 San Pablo Dr

D

San Marcos, CA 92078

$1,425,000
NEW — 0d on market

Beds

3

Baths

2

Sqft

1,976

Year Built

1966

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004338SD

View on MLS

Description

Located in the highly sought-after Lake San Marcos community, 985 San Pablo Dr offers single-level living with golf course and foothill views in one of North County’s most lifestyle-driven neighborhoods. This well-maintained 3 bedroom + optional 4th bedroom, 2 bath home sits along the Links at the Lakehouse golf course, backing to the long green tee box while being thoughtfully positioned out of the direct line of play — giving you the open fairway setting without the usual concerns. The backyard captures sweeping golf course views with scenic green foothills beyond, creating an expansive and private outdoor backdrop. Inside, the flexible floor plan allows for a home office, guest room, or additional bedroom, all on one level. The home has been meticulously cared for and features a new refrigerator and new dishwasher, offering added value and everyday convenience. Comfortable indoor-outdoor flow makes it easy to entertain or unwind while overlooking the course. No HOA. No Mello-Roos. Enjoy close proximity to the evolving heart of San Marcos — a city intentionally moving toward a Blue Zone lifestyle — with access to great schools, dining, shopping, and outdoor recreation just minutes away. Lake San Marcos remains one of North County’s most established and desirable communities for good reason.

Mortgage Calculator

Est. Monthly Payment

$9,046

Principal & Interest$7,206
Property Tax$1,425
Insurance$416
%($285,000)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$4,151
Monthly Cashflow

Rent − PITI − HOA

$-4,896
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,038

Mortgage (P+I)
$7,206
Cap Rate
0.14%
Cash-on-Cash
-20.61%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$9,047

NOI (Annual)
$2,013
Price-to-Rent

Lower = better for investors

28.6

* Defaults: 20% down, 6.5% rate, 30yr.

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