3349 Mendenaro Court
About This Property
Set along the fairways of the Golf Club of California, this single-story estate offers space and serenity just minutes from San Diego. Spanning nearly .69 acres, the home features over 4,600 square feet of thoughtfully designed living, with 5 bedrooms and 6 baths, each space both expansive and inviting. It feels less like a home and more like a private escape.
Beyond a hand-carved wood door, a Mediterranean courtyard unfolds, lined with towering Italian cypress and embraced by the home's living spaces. Natural light pours in, creating a seamless connection throughout, designed for gathering and quiet moments alike.
Inside, the home flows effortlessly. High ceilings and warm light enhance the interiors, while the beautifully appointed kitchen becomes the heart of it all: featuring granite surfaces, a large breakfast bar, eat-in nook, 6-burner range, double ovens, Sub-Zero refrigerator, and a butler's pantry.
The grounds unfold into Tuscan-inspired garden vignettes, trellised walkways, stone paths, and private seating areas leading to a resort-style backyard. A pool and spa for sunlit afternoons. Two fireplaces for cool evenings. An outdoor kitchen and bar for effortless entertaining, all overlooking the fairway without the burden of an HOA.
A detached casita welcomes guests with privacy and comfort for extended stays.
Leased solar and a three-car garage add practicality, while the quiet setting offers both privacy and convenient access to North County San Diego, Temecula wine country, and beyond.
And perhaps most compelling, this level of design, space, and lifestyle would command significantly more just miles away.
Here, it simply exists waiting to be lived. Paired with the ability to assume a 2.25% mortgage, this is more than a home; it's a rare alignment of lifestyle and financial opportunity.
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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.
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About San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017