2347 Merwin Drive, Carlsbad, California 92008, Carlsbad, 92008 - 5 bed, 3 bath
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Carlsbad, California 92008
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,059,563 Fair Market Value by 3%. This valuation gap offers $64,563 in Instant Equity. While the home maintains a Condition Rating of 4, it offers significant potential for cosmetic modernization. Located in the desirable Canterbury community with access to Top-Rated Schools like Kelly Elementary and Sage Creek High, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Carlsbad location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2347 Merwin Drive Subject | $1,995,000* List Price | 5 | 3 | 2,842 | $725 | - |
A 5468 Reef Circle Active | $2,200,000 List Price | 4 | 3 | 2,798 | $786 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2000, making it 24 years old. While it is exceptionally well-maintained and move-in ready, the kitchen and bathrooms feature original dated finishes such as honey-oak cabinetry and 12x12 ceramic tile. Although appliances have been upgraded to stainless steel, the core systems and aesthetics have not undergone a major renovation in over 20 years, fitting the criteria for dated finishes requiring updates.
Elementary School: Kelly Elementary School (9/10). High School: Sage Creek High School (9/10).
Situated in the desirable Canterbury community, the property offers proximity to Carlsbad's beaches and access to top-rated schools like Kelly Elementary and Sage Creek High.
With 5 bedrooms plus a dedicated office and over 2,800 square feet, the floor plan is ideal for multi-generational living or a robust work-from-home setup.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712, other record lot size in square feet = 8563. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
The list price of nearly $2 million places it at a high entry point for the neighborhood, which may face scrutiny if the interior lacks recent high-end modernizations.
Built in 2000, the property is reaching a lifecycle stage where major systems or cosmetic finishes may require updates to align with current buyer expectations.
Welcome to this spacious and beautifully situated home in the highly desirable Canterbury community of Carlsbad. Offering approximately 2,842 square feet of living space with 5 bedrooms + an office and 3 full bathrooms, this residence provides the perfect blend of comfort, flexibility, and coastal convenience. The thoughtfully designed floor plan features generous living areas, abundant natural light, and ample room for multi-generational living, a home office, or guest accommodations. Situated on an expansive 8,563-square-foot lot, the property offers exceptional outdoor space for entertaining, play, gardening, or future enhancements. Located just minutes from Carlsbad's renowned beaches, vibrant Village dining and shopping district, parks, and top-rated schools, this home combines a peaceful neighborhood setting with easy access to everything North County has to offer. Residents enjoy the charm of an established community while benefiting from convenient proximity to major commuter routes, recreation, and coastal attractions. Whether you're looking for room to grow, space to entertain, or a prime Carlsbad location, 2347 Merwin Drive presents a rare opportunity to own a spacious home in one of the area's most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,842 | 2,353 |
| Lot Size | 8,712 | 8,449 |
| Price | $2.00M | $1.83M |
| Price per sq ft | $702 | $759 |
| Built year | 2000 | 1989 |
| HOA | $105.0 | $204 |
| Days on market | 36 | 38 |
Jun 16, 2026
$1,995,000
Initial Listing
Aug 18, 2000
$366,000
Public Record