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3472 Calle Margarita — Encinitas — 5 Beds • 6 Baths • 6,682 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+33 more

$5,650,000

0 DOM

$846/sqft5 bd6 ba6,682 sqftHOA ~167/mo

Call

3472 Calle Margarita Encinitas, CA 92024

2.09acre lot

Welcome to 3472 Calle Margarita, an extraordinary estate tucked within the exclusive gated community of Double LL Ranch in Encinitas. Spanning 6,682 square feet on more than 2 private acres, this one-of-a-kind property is a true paradise playground where luxury, recreation, and everyday living come together effortlessly. Designed for those who want it all, the grounds are nothing short of spectacular. Enjoy your own resort-style pool and spa, pickleball court, practice golf area, outdoor gazebo with dining area, built-in BBQ, outdoor shower, pool house bathroom, fruit trees, and even an additional detached 4-car garage with room for up to 8 cars and a lift. With owned solar, every detail has been thoughtfully considered for both enjoyment and efficiency. And that is only the beginning. Inside, the home is equally unforgettable. Light-filled and beautifully appointed with soaring ceilings, expansive living spaces, and a layout designed for both grand entertaining and comfortable daily living. Highlights include a game room with a pool table, a private 10-person movie theater complete with its own candy bar, and two dedicated home offices, offering the ultimate work-from-home lifestyle. The chef’s dream kitchen features double ovens and opens to stunning spaces designed to gather, host, and enjoy. All of this is complemented by sunset views, a prime cul-de-sac location, and access to a top-rated school district. This is more than a home, it is a private resort, an entertainer’s dream, and a lifestyle so complete, you may never want to leave.

MLS NDP2603523

760-979-5609 (Office) 760-685-3295 (Cell) michelle.ozanne@compass.com

Est. payment

$36,269/mo

Principal & interestTaxesInsuranceHOA

$28,569$5,885$1,648$167

Down %

Rate %

Years

Down payment: $1,130,000 · Total cost: $11,415,011

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$36,269/mo

Principal & interest: $28,569
Est. property tax: $5,885
Est. insurance: $1,648
HOA (normalized / mo): $167
Down payment: $1,130,000

Est. gross rent$23,542/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-12,727/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.