
Carlsbad, California 92008
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $3,250,000—positioned well below the $3,383,779 Fair Market Value by 3%. This valuation gap offers $133,779 in Instant Equity. Featuring a Condition Rating of 4, the home serves as a prime canvas for modernization. With Panoramic Ocean Views, an expansive 13,739 sqft lot, and proximity to Top-Rated Schools like Magnolia Elementary, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a signature coastal estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1546 Oak Ave Subject | $3,075,000* List Price | 5 | 5 | 4,867 | $666 | - |
A 3311 James Active | $2,449,000 List Price | 5 | 4 | 3,751 | $653 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the home is 22 years old and remains in largely original condition. The kitchen features dated wood cabinetry and tile flooring from the early 2000s, and the listing description explicitly frames the property as a 'canvas' and 'opportunity' for a buyer's vision, suggesting that while functional, the interior and systems are due for modernization.
Elementary School: Magnolia Elementary School (9/10). High School: Sage Creek High School (9/10).
Situated in the heart of Olde Carlsbad, the property offers exceptional proximity to the Village, beaches, and top-rated schools like Carlsbad High and Buena Vista Elementary.
With nearly 4,900 square feet of living space on an oversized 13,739 square foot lot, this home provides a rare combination of interior volume and expansive outdoor space for the area.
Marketed as a 'canvas' for a buyer's vision, the 2004-built home may require significant cosmetic or functional updates to align with contemporary luxury standards.
At a $3.25M list price, the property is positioned as a long-term opportunity, which may deter buyers seeking a fully renovated, turn-key estate at this valuation.
Rarely does an opportunity arise to own a property of this scale in the heart of Olde Carlsbad. Set on an expansive lot with ocean views and exceptional privacy, 1546 Oak Avenue offers the rare combination of space, location, and future potential just moments from the Village, beaches, dining, and top schools. The home’s generous footprint, dramatic volume, and coastal setting create an extraordinary canvas for a buyer seeking to create a signature Carlsbad estate tailored to their own vision and lifestyle. With soaring ceilings, abundant natural light, and seamless indoor-outdoor flow, this is more than a home - it is a rare long-term coastal opportunity in one of North County’s most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 79% |
| Baths | 5.0 | 3.0 | 83% |
| Square foot | 4,867 | 2,255.5 | 99% |
| Lot Size | 13,739 | 8,891.3 | 85% |
| Price | $3.08M | $1.99M | 85% |
| Price per sq ft | $632 | $887 | 7% |
| Built year | 2004 | 1985 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 136 | 2% |
Jun 2, 2026
$3,075,000
$3,250,000
-5% Price Drop
Initial Listing
May 11, 2026
$3,250,000
Initial Listing
Aug 12, 2019
$1,650,000
Public Record
Jul 8, 2005
$1,325,000
Public Record