
Carlsbad, California 92008
Analysis of 3780 82 Highland Dr., Carlsbad, California 92008 is currently available with a list price of $2,795,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Carlsbad Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Although the property is a 2024 build, it is currently an unfinished construction project in the shell stage. It lacks essential living components including a finished kitchen, bathrooms, flooring, and appliances. Per the criteria, it requires substantial work (estimated at $800,000) to be habitable and is currently unsafe/uncomfortable for occupancy in its present state.
The property offers an estimated $750,000+ in instant equity upon completion, supported by a $1,060/sf area benchmark and a projected post-finish valuation exceeding $4.3M.
A 4% interest-only seller-carry option significantly reduces carrying costs by approximately $60,000 annually compared to traditional market rates, allowing more capital to be redeployed into custom finishes.
The estate features a massive 2,065 sq ft six-car workshop/garage and a versatile 4,051 sq ft layout that includes single-level main living plus a private ADU in a premier Carlsbad location.
The home is currently incomplete and requires an estimated $800,000 additional investment and 6–8 months of construction time before it is habitable.
Purchasing a mid-construction project requires the buyer to manage contractors and oversee technical MEP finishes, which carries inherent risks of cost overruns or timeline delays.
Waiting for your finishing touches. Single Family Residence in the coveted area 0f Highland Dr in Carlsbad CA! Pictures shown are virtual. The home is unfinished. The Math: Buy for $2.795M, finish for $800K, own a $4.3M or more estate. The Result: $750K+ Instant Equity (Validated by $1,060/sf area benchmark and comps). 1. Property Highlights • Living Space: 4,051 sq ft (3,151 sq ft Main + ~950 sq ft ADU). • The Design: Rare Single-Level Living (Main suite/living on one floor) with the ADU located privately below. • The Garage: Massive 2,065 sq ft (6-car) workshop/collector space. • Infrastructure: Future-proofed 400-Amp electrical service; prepped for a second detached ADU or additional garage. 2. The Strategy: Skip the Red Tape • Time Saved: 18+ months of grading, framing, and permitting are complete. • Move-In Ready: Only 6–8 months from completion. • Transparency: The existing contractor will walk the site with serious buyers to answer all technical/MEP questions. 3. Proprietary Financing • The Advantage: Skip 7%+ bank rates. • Terms: 4% Interest-Only Seller-Carry ($500K down, $2.3M note, 24-month term). • Impact: Saves ~$60K/year in carry costs, allowing those funds to be redeployed into custom finishes. 4. Coastal Lifestyle Minutes to the beach, Carlsbad Village, and I-5. Located within the award-winning Carlsbad Unified School District. *Some pictures are Virtual generated*
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 93% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 4,051 | 2,298.5 | 98% |
| Lot Size | 9,860 | 9,147.6 | 56% |
| Price | $2.79M | $1.90M | 84% |
| Price per sq ft | $690 | $837 | 14% |
| Built year | 2024 | 1976 | 90% |
| HOA | $50.0 | $0 | 72% |
| Days on market | 34 | 163 | 3% |
Mar 19, 2026
$2,795,000
Initial Listing