Listed by: Afsaneh Baha-Kajeh, Park Place Collective
$1,649,000
●
House -
Off Market
1834 Sheridan Way
San Marcos, CA 92024
4 Beds
4 Baths,
1
Half Bath
3,539 Ft²
$8,202
Est. Monthly
$100
HOA / Fees
4.29%
Cap Rate
About This Property
Luxurious Home with Stunning City & Mountain Views in Mahogany at
Old Creek Ranch Nestled in the desirable community of Mahogany at
Old Creek Ranch, this gorgeous 4-bedroom, 3.5-bathroom home offers
a perfect blend of comfort, elegance, and breathtaking views.
Move-in ready with countless upgrades, this home features: Spacious
Interiors: Soaring ceilings in the grand dining room, cozy living
room/office with built-in shelving, and a family room with 21-ft
ceilings, fireplace, and custom entertainment system.Chef's
Kitchen: Huge center island, granite countertops, stainless
appliances, and built-in refrigerator make this kitchen a dream for
entertaining.Master Suite Retreat: Conveniently located on the
ground floor, with French doors leading to the backyard oasis and
stunning city and mountain views.Flexible Spaces: A large loft/game
room, separate office/gym nook, and three additional bedrooms on
the second floor. Sustainable Luxury: Fully paid-off solar system,
whole-house water filtration, and water softener for ultimate
comfort.Added Convenience: Central vacuum system, three-car garage
with cabinetry and epoxy floors. Outdoor Living: Enjoy the
panoramic views and spacious backyard-perfect for relaxation or
entertaining.Prime Location: Easy access to Rancho Santa Fe Road,
and just minutes to downtown San Elijo Hills, La Costa Town Square,
and beaches.This property offers the ideal combination of luxury,
functionality, and a stunning location. Don't miss out on this rare
opportunity to make it yours!
Unit Size
3,539 Ft²
Days on Market
56 days
Land Size
0.14 acres
Price per sqft
$466
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
2007
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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: 2 years ago (CRMLS #NDP2501790)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Feb 23, 2025 | Listed by Park Place Collective | $1,650,000 | |
| Listed by Park Place Collective | |||
| Jan 19, 2023 | No longer available | - | |
| No longer available | |||
| Dec 23, 2022 | In contract | - | |
| In contract | |||
| Dec 19, 2022 | Listed by Keller Williams Realty, Carlsbad, CA | $1,488,000 | |
| Listed by Keller Williams Realty, Carlsbad, CA | |||
| | |||
|
Fa-la-la-la-Fabulous view property located in Old Creek Ranch just west of San Elijo Hills. This impeccably-maintained, model-perfect home is chock full of amenities with timeless appeal! Ideally-situated on one of the highest streets in OCR where you can revel in the serene hillside views and evening lights. Beautifully-appointed, this coveted floorplan has the master bedroom on the ground floor with three additional bedrooms on the second floor and a large view loft/game room and separate office nook offers plenty of space for a large family or the refined executive. To top it off, enjoy significant savings on your utilities with a fully-paid solar system with transferrable warranty! This home is "to live for." The manager has listed the unit size as 3539 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Sold On
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HOA + Taxes
About University Commons
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Listed by: Afsaneh Baha-Kajeh, Park Place Collective
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2501790
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2501790
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