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3575 Madison Street, Carlsbad, California 92008, Carlsbad, 92008 - 4 bed, 2 bath

3575 Madison Street, Carlsbad, California 92008 home-pic-0
ACTIVE$1,699,900$1,644/sqft
Est. Value: $1,439,018
-15%
AboveEstimate
3575 Madison Street, Carlsbad, California 92008
4Beds
2Baths
1,644Sqft
9,355Lot

Price Vs. Estimate

The estimated value ($1,439,017.685) is $260,882.315 (15%) lower than the list price ($1,699,900). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9355, living area = 1644.
Top Cons:
Dated Condition / Renovation Required: Built in 1958, the 'mid-century' home likely requires substantial modernization and renovation to meet contemporary buyer expectations, implying significant additional investment.

Compared to the nearby listings

Price:$1.70M vs avg $1.73M ($-25,100)49%
Size:1,644 sqft vs avg 2,159 sqft22%
Price/sqft:$1.0K vs avg $81679%

More Insights

Built in 1958 (68 years old).
Condition: Built in 1958, this home is significantly aged. The kitchen features very dated tiled countertops, painted older cabinets, and a portable dishwasher, indicating a lack of modern renovation. Bathrooms are basic and show signs of age. While the property appears functional and maintained, it clearly requires substantial modernization and updates throughout to meet contemporary standards, aligning with the 'fair' condition criteria for an aged home with outdated components.
Year Built
1958
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$1,034
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2510830
Home ConditionFair
Features
View-

About this home

Located west of the 5 freeway and just a short stroll to Carlsbad Village and the beach, this charming single-story mid-century home sits on an expansive ±9,355 sq ft lot with high-value multi-family zoning (R-2)—a standout feature for builders, investors, or homeowners looking to expand. Whether you envision adding units, reimagining the existing footprint, or crafting a modern coastal retreat, the possibilities here are truly remarkable. The home itself offers classic single-story convenience ideal for seniors, those with mobility needs, or anyone seeking easy living near the coast. A converted garage functions as an accessory dwelling unit (ADU) with its own entrance and fenced yard, offering flexible use as a guest suite, studio, etc. Situated in the highly sought-after Carlsbad Unified School District, consistently ranked among the top districts in California and the nation, families benefit from award-winning programs in academics, music, arts, broadcast journalism, athletics, environmental leadership, and more. CUSD schools have earned distinctions such as California Distinguished School, California Gold Ribbon School, California Green Ribbon School, and National Merit Scholar recognition—making this location an exceptional choice for long-term value and quality of life. Highlights: • West of I-5, walking distance to the beach and Carlsbad Village dining, cafés, boutiques, and the train station • Multi-family zoning offering rare development flexibility • Large 0.22-acre lot providing space for expansion or redevelopment • Single-story layout ideal for aging-in-place or accessible living • Existing ADU with private entrance and yard • Award-winning Carlsbad Unified School District • Immense upside potential for buyers with vision—whether a thoughtful remodel, redevelopment, or long-term hold

T
Thor Sorensen
Listing Agent

Nearby schools

7/10
Jefferson Elementary School
Public,•K-5•0.1mi
8/10
Valley Middle School
Public,•6-8•0.8mi
8/10
Carlsbad High School
Public,•9-12•1.0mi
9/10
Sage Creek High School
Public,•9-12•3.2mi

Price History

Date
Event
Price
11/27/02
Sold
$400,500
Condition Rating
Fair
Built in 1958, this home is significantly aged. The kitchen features very dated tiled countertops, painted older cabinets, and a portable dishwasher, indicating a lack of modern renovation. Bathrooms are basic and show signs of age. While the property appears functional and maintained, it clearly requires substantial modernization and updates throughout to meet contemporary standards, aligning with the 'fair' condition criteria for an aged home with outdated components.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9355, living area = 1644.
Great Schools: High School: Sage Creek High School (9/10).
Exceptional Coastal Location: Prime positioning west of I-5, offering easy walking access to Carlsbad Village, the beach, diverse dining, boutiques, and public transit.
Significant Development Potential: Features high-value R-2 multi-family zoning on an expansive 9,355 sq ft lot, providing rare flexibility for expansion, additional units, or complete redevelopment.
Income-Generating ADU: Includes an existing Accessory Dwelling Unit (ADU) with a private entrance and yard, offering immediate rental income potential or versatile guest/studio space.
Award-Winning School District: Located within the highly acclaimed Carlsbad Unified School District, a major draw for families and a strong contributor to long-term property value.
Accessible Single-Story Design: The classic single-story layout caters to a broad demographic, including seniors or those with mobility needs, ensuring comfortable and accessible living.

Cons

Dated Condition / Renovation Required: Built in 1958, the 'mid-century' home likely requires substantial modernization and renovation to meet contemporary buyer expectations, implying significant additional investment.
High Upfront Investment for Potential: While offering 'immense upside potential,' realizing this potential through redevelopment or extensive remodeling will necessitate a considerable financial commitment beyond the initial purchase price.
Lack of Scenic Views: The property does not offer any notable scenic views (e.g., ocean, city lights), which can be a drawback in a desirable coastal market where such views often command a premium.
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