$987,000
●
House -
Off Market
923 Merlo
Carlsbad, CA 92011
6 Beds
4 Baths
3,492 Ft²
$1,853,445
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
This Estately Aviara home is located less than 1 mi from beach & 3
blocks from Batiguitos Lagoon. A 5 bdrms (1 down), 4 bath
positioned at end of a cul de sac st, next to protected open
space, long driveway w plenty of parking. Step into dramatic
soaring ceilings, artistic cut outs, dual staircase, open kitchen &
family rm, separate dining room, a luxurious master suite w/
retreat for use as a work out room, nursery or just to relax.
Surround sound fam rm,dual a/c, upstairs laundry rm, & central vac.
Neighborhoods: Azure Cove Equipment: Garage Door Opener,
Range/Oven, Satellite Dish, Vacuum/Central Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
3,492 Ft²
Days on Market
33 days
Land Size
0.30 acres
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
$89
Year Built
1999
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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: 5 months ago (SDMLS #140035103)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Price Increased |
$2,600,000
↑ $112K
(4.5%) | |
| Price Increased | |||
| Aug 21, 2025 | Listed by Compass | $2,488,000 | |
| Listed by Compass | |||
| | |||
|
Shhhhh, I have a secret…a few locals will refer to it as ‘The Hideout’, a location close to everything, yet not well known... 923 Merlo Ct. Owned high production solar panels, saltwater pool and spa with solar heating, beautifully redesigned hardscape and landscape, enclosed patio retreat, premium hardwood floors, finishes and appliances, expansive corner lot in a coveted community.. The list goes on but words will never capture the magic this property offers. A place to create memories. Designed to be enjoyed. More than just a home–a place where every day feels like a getaway. Come and experience it for yourself before it vanishes again.
| |||
| Jul 30, 2014 | Sold | ||
| Sold | |||
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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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Status
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Type
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ft²
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HOA + Taxes
About Carlsbad
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Listed by: Gina Vreeburg, Pacific Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140035103
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140035103
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