3429 Madison, Carlsbad, California 92008, Carlsbad, 92008 - 3 bed, 2 bath

3429 Madison, Carlsbad, California 92008 home-pic-0
ACTIVE UNDER CONTRACT$1,200,000
3429 Madison, Carlsbad, California 92008
3Beds
2Baths
1,524Sqft
6,913Lot
Year Built
1930
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$787
HOA
-
Days on market
-
Sold On
-
MLS number
OC25262025
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.20M(6th), sqft - 1524(17th), beds - 3(37th), baths - 2(39th).

for comparable only

Price History

Date
Event
Price
11/19/25
Listing
$1,200,000
Condition Rating
Poor

Built in 1930, this 95-year-old property shows significant age and a lack of modern updates from its exterior appearance, including an older roof, windows, and a chain-link fence. The MLS analysis explicitly highlights 'outdated systems, structural concerns, and significant renovation costs.' The absence of interior photos strongly suggests that the kitchen, bathrooms, and other interior spaces are in very poor condition, likely original or last renovated many decades ago, requiring complete overhaul. This property demands substantial repairs and rehabilitation to meet current living standards.
Pros & Cons

Pros

Prime Coastal Location: Situated in Carlsbad, a highly desirable Southern California coastal city within the sought-after 92008 zip code and Carlsbad West subdivision.
Reputable School District: Located within the Carlsbad Unified High School District, a significant draw for families seeking quality education.
Generous Lot Size: The property boasts a substantial 6,913 sqft lot, offering ample outdoor space for landscaping, potential expansion, or recreational use.
Single Family Residence: As a single-family residence, it offers privacy, autonomy, and typically higher appreciation potential compared to other property types.
Functional Layout: With 3 bedrooms and 2 bathrooms across 1524 sqft, the property provides a practical and comfortable living space suitable for various household sizes.

Cons

Significant Overpricing: The current listing price of $1,200,000 is approximately 13% above the estimated property value of $1,032,377, which may deter potential buyers or necessitate price adjustments.
Advanced Age of Property: Built in 1930, the home is 95 years old, suggesting potential for outdated systems, structural concerns, and significant renovation costs to meet modern living standards.
Lack of Views: Despite its coastal city location, the property explicitly states 'view: None,' which can be a notable drawback for buyers expecting scenic vistas in Carlsbad.

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