7
Map
$2,495,000
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Land -
For Sale
3985 Via De La Valle
Del Mar, CA 92014
Studio
0 Bath
$12,251
Est. Monthly
About This Property
Situated on 2.6 acres in a picturesque Del Mar setting, this
property offers sweeping views of surrounding hills and valleys,
with a gentle slope ideal for creating a private, view oriented
estate. The pastoral landscape provides a sense of openness while
inviting inspired architectural design. A newly secured sewer
easement significantly enhances the parcel's potential, now
allowing for the development of two homes, where prior septic
limitations restricted the site to one. This opens the door to a
variety of possibilities, including a private compound or
multi-generational living. The land accommodates equestrian use and
has its own well, adding to its versatility. Conveniently located
just minutes from Del Mar's beaches, top-rated schools, shopping,
and dining, with easy freeway access for seamless connectivity.
Unit Size
-
Days on Market
214 days
Land Size
2.60 acres
Price per sqft
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Property Type
Land
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-
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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 months ago (SDMLS #260006616SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2026 | Listed by Berkshire Hathaway HomeServices California Properties | $2,495,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| May 25, 2024 | Listed | $2,550,000 | |
| Listed | |||
| | |||
|
Situated in a serene and picturesque setting, this prime piece of real estate on 2.6 acres boasts views of the surrounding hills and valleys. The land features a gentle slope, providing an ideal canvas for innovative architectural designs that maximize both privacy and scenery. Additionally, this property is perfectly suited for equestrian use, making it an exceptional find for horse enthusiasts. It also has its own well! With close proximity to the pristine beaches of Del Mar, top-rated schools, and an array of upscale shopping and dining options, this property combines the tranquility of a private retreat with the convenience of urban amenities. Easy access to major freeways ensures that you’re never far from the vibrant cultural and recreational activities that San Diego has to offer.
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Property Highlights
Exterior Details
Lot Features: Level
Lot Size Area: 113256
Lot Size Units: Square Feet
Lot Size Acres: 2.6
Lot Size Square Feet: 113256
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North City
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Listed by: Maxine Gellens, Berkshire Hathaway HomeServices California Properties
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 260006616SD
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 260006616SD
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