$3,160,000
●
House -
Off Market
13621 Mercado Dr
Del Mar, CA 92014
4 Beds
3 Baths
2,540 Ft²
$17,186
Est. Monthly
About This Property
Perched on one of Del Mar's most coveted sites, this modern coastal
architectural masterpiece-crafted by local designers Austin •
Hansen-offers the perfect blend of privacy, tranquility, and
sweeping blue-water ocean and reserve views. Situated at the end of
a quiet cul-de-sac and across from the reserve, the home provides
an exceptional sense of seclusion. Built in 1985, the residence
spans 2,540 square feet and features 4 bedrooms, 3 bathrooms, and a
versatile loft ideal for an office, media room, or creative space.
Enjoy stunning vistas from the living room and primary suite
balconies. The spacious backyard includes a large entertaining deck
and a garden area with room for a pool. This is a rare opportunity
to own a truly remarkable Del Mar property-you'll want to see it
for yourself! Appliances convey! Newer roof, exterior paint, water
heaters (2) and furnace.
Unit Size
2,540 Ft²
Days on Market
36 days
Land Size
0.14 acres
Price per sqft
$1,378
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 months ago (SDMLS #250042604SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Listed by Dave Zarella & Associates | $3,500,000 | |
| Listed by Dave Zarella & Associates | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Northern San Diego
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Listed by: David Zarella, Dave Zarella & Associates
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 250042604SD
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 250042604SD
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