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157 Maple Ave., Carlsbad, California 92008, Carlsbad, 92008 - 3 bed, 2 bath

157 Maple Ave., Carlsbad, California 92008 home-pic-0
ACTIVE$2,795,000
157 Maple Ave., Carlsbad, California 92008
3Beds
2Baths
1,474Sqft
6,017Lot
Year Built
1968
Close
-
List price
$2.79M
Original List price
$3.09M
Price/Sqft
$1,896
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2506338
Home ConditionPoor
Features
Excellent View: Ocean, Panoramic
Patio
ViewOcean, Panoramic

About this home

We found 3 Cons,6 Pros. Rank: price - $2.79M(88th), sqft - 1474(14th), beds - 3(37th), baths - 2(39th).

CLASSIC CARLSBAD BEACH LIVING. 2 BEACH HOUSES ON 1 LARGE ELEVATED 6,000 SQFT OCEAN VIEW LOT. 1/2 BLOCK TO THE SANDY BEACH. JUST MINUTES TO THE VILLAGE. FRONT HOUSE IS A LARGE 2 BEDROOM 1 BATH WITH A GREAT OCEAN VIEW FRONT SITTING AREA. THE REAR HOUSE IS A LARGER 1 BEDROOM 1 BATH WITH A PRIVATE GATED REAR YARD WITH COVERED PATIO. BOTH CARRY THEIR ORIGINAL BEACH HOUSE NOSTALGIC CHARM WITH SOME RECENT UPDATING. SITUATED ON A LARGE OCEAN VIEW LOT WITH PLENTY OF PARKING, BOTH UNITS HAVE THEIR OWN FULL SIZE LAUNDRY AREA’S PLUS A LARGE STORAGE SHED. THE POTENTIAL IS ENDLESS ON THIS PROPERTY WITH SUCH A GREAT LOCATION FOR DUAL VACATION RENTALS, MULTI GENERATIONAL LIVING OR DEVELOPMENT. CITY SAYS 3 UNITS OK. SELLER HAS PRELIMINARY PLANS READY TO SUBMIT FOR 3 LARGE PANORAMIC OCEAN VIEW CONDOS WITH ENVIRONMENTAL REPORT ALREADY RAN AND PAID FOR. ( Check the comps 164 Chestnut “sold” $3.1 million .. 3405 Garfield “sold” $4.4 million)

Nearby schools

7/10
Jefferson Elementary School
Public,•K-5•0.5mi
8/10
Valley Middle School
Public,•6-8•1.2mi
8/10
Carlsbad High School
Public,•9-12•1.4mi
9/10
Sage Creek High School
Public,•9-12•3.6mi

Price History

Date
Event
Price
12/12/25
Price Change
$2,795,000-6.8%
11/12/25
Price Change
$2,999,000-0.0%
11/01/25
Price Change
$2,999,999+3.8%
10/21/25
Price Change
$2,889,000
08/20/25
Listing
$3,090,000
Condition Rating
Poor
Built in 1968, the property's interiors, particularly the kitchens, are extremely dated with very old appliances (e.g., vintage electric coil stoves), laminate countertops, and basic, old cabinetry. The flooring includes worn carpet and older vinyl/tile. The presence of a portable AC unit suggests a lack of modern climate control. While the property is technically livable, it requires substantial repairs and rehabilitation to meet current quality standards, aligning with the 'Poor' category. The listing description itself highlights the property's 'original beach house nostalgic charm' and the 'weakness' analysis explicitly states the existing structures 'likely require substantial renovation or demolition' to capitalize on the land's development potential, indicating the current condition is far from desirable for modern living.
Pros & Cons

Pros

Great Schools: High School: Sage Creek High School (9/10).
Exceptional Coastal Location: The property boasts a prime location, being only half a block from the sandy beach and minutes away from the vibrant Carlsbad Village, offering unparalleled access to coastal amenities and lifestyle.
Significant Development Potential: Approved by the city for up to three units, the seller has already prepared preliminary plans for three large panoramic ocean view condos and completed the environmental report, significantly de-risking future development.
Panoramic Ocean Views: Situated on an elevated lot, the property currently offers ocean views, with the potential for even more expansive panoramic ocean views from future multi-story development.
Versatile Income/Living Options: Comprising two separate beach houses, the property provides immediate flexibility for dual vacation rentals, multi-generational living, or owner-occupancy with rental income, maximizing its utility.
Generous Lot Size: The large 6,000 sqft elevated lot offers ample space for the existing structures and significant potential for redevelopment into a more substantial multi-unit property.

Cons

Age and Condition of Existing Structures: Built in 1968, the current 'classic beach houses' likely require substantial renovation or demolition to align with modern luxury standards or to fully capitalize on the property's development potential.
Recent Price Reductions: Multiple price drops from the original list price suggest potential overpricing initially or challenges in attracting buyers at previous price points, which could influence buyer perception of value.
Limited Current Living Space: The combined 1474 sqft across two units is relatively small for a property of this value and location, potentially limiting appeal to buyers seeking larger, contemporary living spaces without immediate redevelopment.

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