
Carlsbad, California 92008
This Oceanfront Residential Compound represents a Strong Value Opportunity, listed at $9,995,000—positioned well below the $10,056,200 Fair Market Value by 0.61%. This valuation gap offers $61,200 in Instant Equity. Featuring 75 feet of ocean frontage, panoramic ocean views, and oversized outdoor decks, the property maintains a Condition Rating of 4. While the interior reflects a 1958 build with dated finishes, the prime Carlsbad Village location and proximity to top-rated schools like Sage Creek High make this an ideal acquisition for Luxury Investors or Owner-Occupants seeking a premier coastal estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2977 Ocean Street Subject | $9,995,000* List Price | 6 | 7 | 4,564 | $2,203 | - |
A 2977 Ocean Street Pending | $10,250,000 List Price | 6 | 7 | 4,564 | $2,246 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1958, the property shows signs of a renovation that is likely 20-25 years old. The kitchen features dated dark wood cabinetry, terracotta tile flooring, and older appliances. While the home is well-maintained and functional, the interior finishes—including wall paneling and extensive carpeting—are dated and require modernization to meet current luxury standards.
High School: Sage Creek High School (9/10).
The property boasts a rare 75 feet of direct ocean frontage with private beach access, offering unparalleled coastal proximity and panoramic views from nearly every room.
Situated in the heart of Carlsbad Village, this estate provides the perfect balance of a private coastal compound with immediate walking access to high-end dining, shopping, and local amenities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 7.
Originally built in 1958, the estate may require significant ongoing maintenance or modern infrastructure updates to mitigate the long-term effects of the salt-air environment.
At a nearly $10 million price point, the property targets a very specific high-end buyer segment, which may result in a longer sales cycle despite its premium features.
Experience unparalleled coastal living, an extraordinary oceanfront property spanning 75 feet of ocean frontage, nestled in the heart of Carlsbad Village. This premier location grants you immediate access to the finest dining, shopping, and coffee shops, making it a hub for a vibrant lifestyle. Positioned directly on one of the most coveted sandy beaches along the coast, this estate offers breathtaking ocean views from nearly every room and direct beach access. The oversized outdoor decks are perfect for hosting extravagant oceanfront events, weddings, and endless entertainment. Approximately 4,564 square feet on a generous 10,473 square-foot lot, this beach compound features six bedrooms, plus two optional bedrooms, and seven full bathrooms. Crafted with a focus on maximizing stunning ocean vistas, the interior boasts a custom kitchen with floor-to-ceiling windows, a spacious living area with a cozy fireplace, multiple courtyards and decks, an outdoor shower, an attached three-car garage, and incredible privacy. Whether you are looking for a coastal compound, investment opportunity, or both, your oceanfront oasis awaits!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 96% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 4,564 | 2,263 | 99% |
| Lot Size | - | 8,635 | 7% |
| Price | $9.99M | $1.93M | 99% |
| Price per sq ft | $2.2K | $878 | 98% |
| Built year | 1958 | 1984 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 133 | 1% |
May 22, 2026
$9,995,000
Initial Listing