2518 Unicornio Street, Carlsbad, California 92009, Carlsbad, 92009 - 3 bed, 2 bath
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Carlsbad, California 92009
This Oversized La Costa View Home represents a High-Potential Investment Opportunity, listed at $1,675,000—positioned well below the $1,695,000 Fair Market Value by 1%. This valuation gap provides $20,000 in Instant Equity. While maintaining a Functional 1979 Condition Rating, the property offers massive upside through modernization of its 3-bed, 2-bath layout. Set on a rare 0.42-acre lot featuring a pool, spa, and panoramic golf course views, it is served by top-rated schools within the San Marcos Unified district. This is an ideal acquisition for Owner-Occupants looking to build custom equity or Value-Add Investors.
Property is moderate renovation needed.
Built in 1979, this property is explicitly marketed for its 'potential' and 'opportunity,' which are industry terms for a home needing updates. While the living area is virtually staged to look modern, the actual kitchen and bathroom features appear dated and reflect the home's original era. The property is well-maintained and functional, but it has not undergone a full recent renovation to meet current high-end standards, making it a prime candidate for modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18295, living area = 2070.
The property sits on a rare 0.42-acre oversized lot, nearly double the standard size for the area, offering significant potential for expansion, ADU construction, or a complete custom estate redesign.
The backyard provides a high-end coastal lifestyle with a pool, spa, and breathtaking panoramic views overlooking the golf course with ocean sunsets on the horizon.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18295, other record lot size in square feet = 18348.
Built in 1979 and marketed as having 'incredible potential' for a buyer's 'vision,' the home likely requires a substantial capital investment for interior updates and structural modernizations.
At a $1.675M price point, a 3-bedroom, 2-bathroom configuration may be considered restrictive for larger families or buyers seeking more contemporary, spacious suite layouts.
Double the lot, double the opportunity! A rare chance to create something truly special! Incredible potential with endless possibilities to make this home your vision. Soak in the best of La Costa living with this charming home sitting on a rare oversized 0.42 acre lot with breathtaking views, pool and spa! From the backyard, enjoy peaceful views overlooking the golf course with ocean sunsets on the horizon, creating the perfect backdrop for entertaining, relaxing, and making memories. The floor plan lives beautifully with two bedrooms downstairs and a private upstairs primary bedroom. All just minutes to the beaches and everything that makes Carlsbad so loved, including shopping, dining, trails, golf, and top-rated schools.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 2.0 | 3.0 | 14% |
| Square foot | 2,070 | 2,622.5 | 23% |
| Lot Size | 18,295.199 | 8,855 | 90% |
| Price | $1.68M | $1.80M | 36% |
| Price per sq ft | $809 | $704 | 81% |
| Built year | 1979 | 1994 | 22% |
| HOA | $0 | $119 | 34% |
| Days on market | 55 | 132 | 16% |
Apr 10, 2026
$1,675,000
$1,695,000
-1% Price Drop
Initial Listing
Feb 26, 2026
$1,695,000
Initial Listing