3780 82 Highland Dr., Carlsbad, California 92008, Carlsbad, 92008 - 6 bed, 7 bath
Loading property details...
Carlsbad, California 92008
This property presents a High-Potential Investment Opportunity with a List Price of $2,450,000—positioned well below the $3,150,000 Fair Market Value by 22%. This valuation gap offers $700,000 in Instant Equity for buyers capable of completing the build. Featuring a 5 Condition Rating, the structure includes a 958 sq ft ADU and 1,744 sq ft workshop. This is a strategic asset for Buy-and-Hold Investors or Owner-Occupants seeking to leverage 4% seller financing to customize a coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3780 82 Highland Dr. Subject | $2,500,000* List Price | 6 | 7 | 4,051 | $617 | - |
A 2246 Janis Way Sold | $1,905,500 | 4 | 3 | 2,725 | $699 | 0.9 mi |
B 1546 Oak Ave Active | $3,075,000 List Price | 5 | 5 | 4,867 | $632 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the structure is a 2024 build, it is currently an unfinished shell. It lacks a functional kitchen, bathrooms, and completed HVAC/electrical systems, requiring an estimated $800,000 in additional construction to reach a livable state.
Offered as an unfinished project with core structures complete, this property provides a unique opportunity to capture an estimated $700,000 in instant equity while allowing the buyer to select all custom finishes.
The listing features a rare 4% interest-only seller-carry option, which significantly undercuts current market rates and saves approximately $60,000 annually in carrying costs during the construction phase.
The floor plan includes a substantial 958 sq ft private ADU and a massive 1,744 sq ft garage/workshop, offering exceptional potential for rental income, guest housing, or specialized hobby space.
The property requires an estimated $800,000 in additional investment and approximately 9 months of construction to complete, posing a high barrier to entry for traditional residential buyers.
With over 90 days on the market and multiple price reductions from the original $2.795M, the property's 'as-is' unfinished state has faced challenges in securing a buyer at the initial valuation.
Price now includes plans and permits ready to build, with expanded ADU. Waiting for your finishing touches. Single Family Residence in the desirable area of Highland Dr in Carlsbad CA! Home is being sold unfinished. Enjoy $700,000 in Instant Equity & a your choice of finishes! Brand-New Coastal Home in <9 Months! Skip 18+ months of red tape. Grading, framing, and core structures are done, and fully approved plans, final revisions, and active permits will be delivered prior to close of escrow. With an estimated $800K to finish, a savvy buyer can capture over $700K in instant equity based on prevailing comps near $1,100/sq ft. Plus low interest rate three-year seller financing!! Located just 1 mile from the coast offering luxury living with multi-generational and/or rental income potential: Main Floor: 3,028 sq ft luxury single-level primary living Lower Level: 2BR, 2BA 1023 sq ft private ADU. Garage/Workshop: Cavernous 1,744 sq ft space. Outdoor: 281 sq ft covered decks. Optional detached 15 x 30 workshop!! Financing: Skip 7%+ bank rates with a 4% Interest-Only Seller-Carry option, saving ~$60K/yr in carry costs to use on your own custom finishes. Top schools! $2,500,000 gets you permits and plans to finish your dream home in Carlsbad (Virtual images; unfinished. Active CBC/Title 24 codes apply).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 7.0 | 3.0 |
| Square foot | 4,051 | 2,353 |
| Lot Size | 9,860 | 8,449 |
| Price | $2.50M | $1.83M |
| Price per sq ft | $617 | $759 |
| Built year | 2024 | 1989 |
| HOA | $50.0 | $204 |
| Days on market | 125 | 38 |
Jun 25, 2026
$2,500,000
$2,450,000
+2% Price Increase
Initial Listing
Jun 5, 2026
$2,450,000
$2,500,000
-2% Price Drop
Initial Listing
May 21, 2026
$2,500,000
$2,749,000
-9% Price Drop
Initial Listing
May 2, 2026
$2,749,000
$2,795,000
-2% Price Drop
Initial Listing
Mar 19, 2026
$2,795,000
Initial Listing