Listed by: Raini Gordy, Willis Allen Real Estate
$2,950,000
●
House -
Off Market
2990 Racetrack View Drive
Del Mar, CA 92014
4 Beds
3 Baths,
1
Half Bath
2,579 Ft²
$15,590
Est. Monthly
About This Property
Del Mar Dream Estate: A Rare Ocean View Sanctuary.. Welcome to this
truly unique, single-story gem on a sprawling 1-acre usable fully
fenced lot in the heart of Del Mar. Revel in breathtaking vistas of
the iconic Del Mar Racetrack, the Pacific Ocean, and the serene San
Dieguito Lagoon. Nestled in an incredible location, this estate
offers access to the Coast to Crest Trail, leading you to the
beach, Crest Canyon, and eastward to the picturesque Rancho Santa
Fe. The home features an open-concept floor plan, seamlessly
blending indoor and outdoor living. White water ocean views from
the primary bedroom, living room, office, patio, and most of the
lot. The great room opens onto an expansive patio, perfect
for quintessential California entertaining. Experience
tranquility on your own private, zen-like trail that winds through
the property, providing a serene escape from the hustle and bustle.
Don't miss this extraordinary opportunity to own a piece of
paradise in Del Mar. Photos shot on an overcast day..must see
in person to experience the ocean views.
Unit Size
2,579 Ft²
Days on Market
74 days
Land Size
1.10 acres
Price per sqft
$1,231
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #NDP2407185)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Willis Allen Real Estate | $3,175,000 | |
| Listed by Willis Allen Real Estate | |||
Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northern San Diego
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Listed by: Raini Gordy, Willis Allen Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2407185
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2407185
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