Listing Agent: Christine Derr      Broker/Office: AARE
245 Hemlock Avenue Carlsbad CA 92008
$ 3,000,000
  3   |    2   |    1138 Sq Feet

Listing ID

#NDP2608097

Status

Active

Property Type

Single Family Residence

County

San Diego

Year Built

1957

Days on website

18

Description
Prime Beachside Investment & Development Opportunity! West of the 5 Freeway and approximately a 3-minute walk to the beach, this exceptional Carlsbad property offers a rare combination of coastal lifestyle, immediate rental income and future development potential. A nearby crosswalk provides convenient access to the beach stairs, putting the sand and surf just moments away. The completely remodeled home has been a successful vacation rental for the past five years and is located within an approved vacation rental zone, an important advantage in Carlsbad where not all properties qualify for vacation rental use. The generous lot size and placement of the existing home offer development potential. The multi-unit zoning opens the door to several possibilities, including adding a back duplex, expanding the existing home, or pursuing a larger redevelopment concept, all subject to city approval. The current home can continue generating rental income while exploring the property's future potential. Currently, the rear yard features a private volleyball court. This home has an unbeatable coastal location and may be purchased fully furnished and turnkey, allowing a new owner to seamlessly continue its use as a vacation rental. Whether you're seeking a turnkey income-producing property, a coastal development opportunity, or an investment with immediate income and long-term upside, this is a rare opportunity in one of Carlsbad's most desirable beachside locations.
Location
Financial Information
List Price:  $ 3000000
Property Features
Appliances:  Dishwasher, Microwave, Refrigerator
Community Features:  Curbs, Sidewalks
Elementary School:  Jefferson
High School:  Carlsbad
High School District:  Carlsbad Unified
Interior Features:  Furnished
Levels:  One
Middle Or Junior School:  Valley
Parking Features:  Driveway, Garage
Roof:  Composition
Senior Community YN:  false
Structure Type:  House
Elementary School:  Jefferson
High School:  Carlsbad
High School District:  Carlsbad Unified
Middle Or Junior School:  Valley
Senior Community YN:  false
MLS Area Major:  92008 - Carlsbad
City:  Carlsbad
Listed By:   Christine Derr   AARE 
Co-listed by
Sharyn Seymour  
CA Lic#