
Carlsbad, California 92008
This Hybrid Value Opportunity is listed at $1,575,000, positioned well below the $1,616,911 Fair Market Value by 2%. This valuation gap offers $41,911 in Instant Equity. Featuring a Condition Rating of 4, the home is move-in ready with recent system upgrades, yet offers significant potential for cosmetic modernization. Located in Olde Carlsbad near Top-Rated Schools like Kelly Elementary and Sage Creek High, this property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a rare, large-lot coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1780 Magnolia Ave Subject | $1,575,000* List Price | 3 | 2 | 1,450 | $1,115 | - |
A 2245 Nob Hill Drive Sold | $1,738,417 | 3 | 2 | 1,520 | $1,144 | 0.8 mi |
B 1561 Sandalwood Ln Sold | $2,015,000 | 4 | 2 | 2,025 | $995 | 0.3 mi |
C 1729 Schooner Way Sold | $1,560,000 | 3 | 2 | 1,514 | $1,030 | 0.6 mi |
D 2850 Highland Dr. Sold | $1,925,000 | 3 | 3 | 1,730 | $1,113 | 0.8 mi |
E 3495 Ridgecrest Sold | $1,900,000 | 3 | 2 | 1,878 | $1,012 | 0.6 mi |
F 1733 Schooner Way Sold | $1,575,000 | 4 | 2 | 1,514 | $1,040 | 0.6 mi |
G 3230 Eureka Place Sold | $1,326,000 | 3 | 2 | 1,298 | $1,022 | 0.6 mi |
H 3960 Park Dr Sold | $1,625,000 | 4 | 2 | 1,584 | $1,026 | 0.3 mi |
I 3495 Ridgecrest Dr. Active | $2,025,000 List Price | 3 | 2 | 1,878 | $1,078 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960 and meticulously maintained by original owners, the property is move-in ready but significantly dated. While systems like the HVAC, water heater, and windows have been updated, the kitchen cabinetry, countertops, and interior wood paneling appear to be over 30 years old, requiring modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11300, living area = 1450.
Elementary School: Kelly Elementary School (9/10). High School: Sage Creek High School (9/10).
Situated in the highly coveted Olde Carlsbad area, the property is within walking distance to top-rated schools and minutes from downtown Carlsbad and local beaches.
At 1,450 square feet, the interior living space is relatively small for the $1.575M price point, which may require expansion to meet modern luxury expectations.
Despite its proximity to the coast, the property lacks the ocean or hillside views often sought after by buyers in this premium Carlsbad price bracket.
Exceptional SINGLE story home with three bedrooms and two bathrooms on over a quarter of an acre lot! Original owners and has never been available before! This well-maintained home offers the space and flexibility that are increasingly hard to find. Upgraded bathroom vanities, showers, tub and toilets. Dual pane windows. Double Pella doors leading from dining area to backyard! Ceiling fans. Air conditioning. Newer shed. Newer water heater installed. Unique split "dutch" style door from living room to the backyard. Enjoy plenty of room for outdoor living, gardening, expansion, or simply relaxing and enjoying the surroundings. Ideally located in the heart of Olde Carlsbad this classic ranch-style layout provides easy single-level living and a warm, welcoming sense of home. Near highly regarded schools, downtown Carlsbad, and the beautiful Carlsbad coastline and beaches. Lovingly cared for over the years, this is a rare opportunity to own a special property in one of Carlsbad’s most desirable locations.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,450 | 2,315.926 |
| Lot Size | 11,300 | 8,826.162 |
| Price | $1.57M | $1.88M |
| Price per sq ft | $1.1K | $772 |
| Built year | 1960 | 1992 |
| HOA | $0 | $200 |
| Days on market | 7 | 41 |
Sep 2, 2026
$1,575,000
Initial Listing