1970 Zapo Street, Del Mar, California 92014, Del Mar, 92014 - 4 bed, 4 bath

1970 Zapo Street, Del Mar, California 92014 home-pic-0

1970 Zapo Street

Del Mar, California 92014

ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,922Sq Ft
9,100Lot Size

Property Price

LIST PRICE$7,495,000
EST. MARKET VALUE
$7,856,347
4% BelowMARKET VALUE

SUMMARY

Analysis of 1970 Zapo Street, Del Mar, California 92014 reveals a Prime Investment Opportunity with a current list price of $7,495,000—significantly undercutting the $7,856,347 Fair Market Value by 4%. This valuation gap indicates a +$361,347 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Del Mar Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$7,856,347 +$361,347 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Del Mar.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1970 Zapo Street
Subject
$7,495,000*
List Price
442,922$2,689-
A
408 Luzon Ave
Sold
$8,000,000344,000$2,0000.1 mi
B
236 24th Street
Sold
$5,400,000341,783$3,0290.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2019, this custom-built modern residence is virtually new. The kitchen features top-of-the-line Wolf, Sub-Zero, and Fisher & Paykel appliances, Italian laminate cabinetry, and Taj Mahal quartzite countertops. Bathrooms are spa-like with modern fixtures, a Jacuzzi tub, and rain-head showers. High-end materials like Ipe wood ceilings and Gascon Blue limestone floors, upgraded lighting, enhanced HVAC, and integrated smart features are present throughout, indicating no deferred maintenance and meeting current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Del Mar Hills Elementary School (9/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).

  • Prime Coastal Location & Walkability

    Situated on a quiet street in a desirable Del Mar neighborhood, the property offers exceptional walkability to beaches, The Del Mar Plaza, restaurants, and village amenities.

  • Sweeping Ocean Views

    The residence captures stunning, sweeping ocean views that are enjoyable from multiple vantage points, including the primary suite, enhancing its luxury appeal.

CONSRISKS & DEFICIENCIES

  • Absence of a Full-Size Swimming Pool

    While a top-of-the-line spa is included, the property does not feature a full-size swimming pool, which might be a desired amenity for some luxury buyers in this price range and climate.

  • Potentially Limited Expansive Yard Space

    The 9100 sqft lot, while well-utilized with landscaping and a side yard, may not offer the extensive private grounds or large recreational areas that some high-end buyers seek for grand outdoor living.

  • High Price Point

    The list price of $7.495 million, while reflective of the Del Mar luxury market and property features, inherently limits the potential buyer pool to a very exclusive segment.

About 1970 Zapo Street

Set on a quiet, charming street in one of Del Mar’s most desirable coastal neighborhoods, 1970 Zapo is a custom-built modern residence that perfectly balances luxury, privacy, and an effortless lock-and-go lifestyle. Built in 2019, this 4 bedroom, 3.5 bath, 2,922 square foot home captures sweeping ocean views that feel equally special at sunrise and sunset, while remaining just a short walk to Del Mar’s beaches, The Del Mar Plaza, restaurants, and village amenities. Designed for both everyday comfort and refined entertaining, the main living level features an expansive great room framed by walls of glass bifold doors that seamlessly connect indoors and out. Rich Ipe wood ceilings and Gascon Blue limestone floors set a warm, contemporary tone, while the open floor plan allows the kitchen, dining, and living spaces to flow together with ease. The gourmet kitchen is a true centerpiece, appointed with Wolf appliances, a built-in cappuccino maker, dual Fisher & Paykel dishwashers, Sub-Zero refrigeration, Italian laminate cabinetry, and striking Taj Mahal quartzite countertops—equally suited for casual mornings or hosting at scale. The ocean-view primary suite offers a private retreat, complete with its own deck, a spa-like bath featuring a Jacuzzi soaking tub, double rain-head shower, and a generous walk-in closet with custom cabinetry. Downstairs, a thoughtfully designed guest wing includes three additional bedrooms and a spacious media room with wet bar, ideal for movie nights or extended stays. A temperature-controlled wine cellar with capacity for over 500 bottles adds a r A temperature-controlled wine cellar with capacity for over 500 bottles adds a refined touch for collectors and entertainers alike. Throughout the home, the quality of construction and attention to detail are immediately apparent, with custom cabinetry inserts, upgraded lighting, tailored drapery, enhanced HVAC filtration, and integrated smart features that make day-to-day living both comfortable and efficient. Outdoor spaces are equally inviting, with updated landscaping, a side yard with grass and ocean views perfect for relaxing or gardening, a fire pit, and a top-of-the-line spa for year-round enjoyment. Practical upgrades such as storm shutters, EV charging for two vehicles, and gated side access for privacy and pets further elevate the home’s functionality. Modern, private, and exceptionally easy to live in, 1970 Zapo offers a rare opportunity to enjoy contemporary coastal living in Del Mar—where panoramic ocean views, walkability, and refined design come together in a home that feels as luxurious as it is livable.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2019
Lot Size
9,100 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Del Mar Unified Schools

Del Mar Hills Elementary School

Grades K-6 • 1.2 mi

9/10

Del Mar Heights Elementary School

Grades K-6 • 1.6 mi

9/10

Earl Warren Middle School

Grades 7-8 • 2.0 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths4.04.0
50%
Square foot2,9222,539.5
59%
Lot Size9,1008,550
50%
Price$7.50M$3.58M
89%
Price per sq ft$2.6K$1.3K
89%
Built year20191985
93%
HOA$0$0
50%
Days on market33190
7%

Pricing History

Listed for Sale

Feb 2, 2026

$7,495,000

Initial Listing

Sold

Nov 25, 2019

$5,200,000

Public Record

Sold

May 5, 2015

$1,950,000

Public Record

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