Introducing AER, a newly completed architectural estate by
Dubreville Atelier set across 4.17 acres in Rancho Santa Fe's
prestigious Covenant. Named after the ancient Greek word for the
air that surrounds us, AER was conceived as a residence deeply
connected to its surroundings. Beyond the gated olive tree-lined
approach, a dramatic wood pivot entry opens to a tranquil
reflecting pool courtyard. Pocketing glass walls, skylights,
exposed wood beams, imported Italian cabinetry, Miele appliances,
Graff fixtures, bespoke stonework, and fluted white oak detailing
create a home distinguished by exceptional craftsmanship.
Thoughtfully tailored for contemporary living, the home features a
wellness center with fitness studio, indoor zero-edge spa, sauna,
steam room, cold plunge, preserved moss installation, and
sculptural travertine fireplace. Additional amenities include
integrated technology, an eight-seat cinema hidden behind a
discreet door, temperature-controlled wine room, game lounge, and
angular stone bar for entertaining. A dedicated display garage
transforms automobile collecting into an art form. The primary
suite serves as a private retreat, complete with a reading den
centered around a statement fireplace, spa-inspired bath clad in
raked limestone, boutique-style dressing room, and secluded Zen
courtyard. Outside, serene grounds unfold across sweeping views
with a pool, cascading water features, heated veranda, bocce court,
and direct access to walking trails. AER is a carefully curated
residence shaped by design, offering a lifestyle rarely found
within the Covenant.
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.
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