2815 New Castle Way, Carlsbad, California 92010, Carlsbad, 92010 - 2 bed, 2 bath
Loading property details...
2815 New Castle Way
Carlsbad, California 92010
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,112Sq Ft
219,122Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$687,892
5% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $650,000—positioned well below the $687,892 Fair Market Value by 5%. This valuation gap offers $37,892 in Instant Equity for the buyer. Featuring a newly remodeled kitchen and an Excellent Condition Rating, this home offers a move-in ready lifestyle near top-rated schools like Sage Creek High. With its serene tree-lined views and proximity to the coast, this property is an ideal fit for first-time buyers or owner-occupants seeking a high-quality coastal residence.
Estimated Market Value
$687,892+$37,892 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Carlsbad.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2815 New Castle Way Subject | $650,000* List Price | 2 | 2 | 1,112 | $619 | - |
A 2822 Winthrop Ave Sold | $635,000 | 2 | 2 | 994 | $639 | 0.1 mi |
B 2866 Andover Ave Sold | $785,000 | 3 | 2 | 1,362 | $576 | 0.1 mi |
C 2808 Winthrop Sold | $634,000 | 2 | 2 | 994 | $638 | 0.1 mi |
D 3507 Somerset Way Sold | $695,000 | 2 | 2 | 1,112 | $625 | 0.2 mi |
E 2838 Andover Avenue Sold | $640,000 | 2 | 2 | 994 | $644 | - |
F 2816 Fairfield Sold | $772,000 | 3 | 2 | 1,362 | $567 | 0.1 mi |
G 3534 Ridgewood Way Active | $699,000 List Price | 2 | 2 | 1,112 | $629 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a newly remodeled kitchen with modern stainless steel appliances, farmhouse sink, and updated cabinetry. The interior appears in mint, move-in ready condition with recent upgrades that align with the <5-year renovation criteria for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kelly Elementary School (9/10). High School: Sage Creek High School (9/10).
- Modernized Interior
The property features a newly remodeled kitchen and vaulted ceilings, providing a contemporary, airy aesthetic that is highly desirable for modern buyers.
- Exceptional School District
Located within the Carlsbad Unified School District, the home has access to top-rated institutions like Sage Creek High and Hope Elementary, bolstering long-term property value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =219122, other record lot size in square feet = 180243.
- High Monthly HOA Fees
The $474 monthly association fee represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Aging Infrastructure
Built in 1986, the property may require upcoming capital expenditures for original systems or common area maintenance not addressed by the recent interior kitchen remodel.
About 2815 New Castle Way
WOW! Casual coastal comfort meets everyday convenience at The Villas Calavera Hills. Cool breezes fill this delightful 2-bedroom, 2-bath condo featuring a newly remodeled kitchen that opens to an airy, sun-filled floor plan with vaulted ceilings. Gather around the cozy gas fireplace or unwind on your private outdoor patio surrounded by tall trees. This lovely home includes an in-unit washer and dryer, a detached one-car garage with storage, and an additional assigned parking space. Enjoy a straight shot down Carlsbad Village Drive to the beautiful Pacific Ocean, the Carlsbad Village, dining, shops, parks, and a dog park just minutes away. Carlsbad’s stunning beaches and top-rated schools complete the appeal of this exceptional coastal opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 219,122 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $474.0 / Month
Neighborhood Insights
Carlsbad Unified Schools
Hope Elementary School
Grades K-5 • 0.2 mi
8/10
Calavera Hills Elementary School
Grades K-5 • 0.8 mi
7/10
Kelly Elementary School
Grades K-5 • 1.4 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,112 | 1,313.431 |
| Lot Size | 219,122 | 74,287.067 |
| Price | $650.0K | $752.8K |
| Price per sq ft | $585 | $614 |
| Built year | 1986 | 1983 |
| HOA | $474.0 | $532 |
| Days on market | 6 | 56 |
Pricing History
Listed for Sale
Sep 3, 2026
$650,000
Initial Listing
Sold
Dec 18, 2020
$465,000
Public Record
Sold
Feb 27, 2001
$185,000
Public Record
Sold
Jul 26, 1996
$105,000
Public Record