4556 Cove Drive, Carlsbad, California 92008, Carlsbad, 92008 - 3 bed, 3 bath
4556 Cove Drive
Carlsbad, California 92008
Property Price
SUMMARY
Analysis of 4556 Cove Drive, Carlsbad, California 92008 reveals a property with a current list price of $1,700,000, which is 21% above the estimated $1,398,499 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4556 Cove Drive Subject | $1,700,000* List Price | 3 | 3 | 2,014 | $694 | - |
A 4623 Telescope Sold | $1,385,000 | 3 | 3 | 2,159 | $642 | 0.6 mi |
B 4640 Sunburst Rd Sold | $1,850,000 | 4 | 3 | 2,426 | $763 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1989, the property is 35 years old. The main unit features a kitchen with modern stainless steel appliances, updated countertops, and a contemporary backsplash, along with refreshed bathrooms that include updated vanities and shower surrounds. However, the main unit's cabinet styles and some bathroom light fixtures show their age, indicating partial rather than extensive recent renovations. The attached ADU, while functional, has a significantly more dated kitchen with older appliances and basic laminate countertops, and a basic bathroom, pulling down the overall condition. The property is well-maintained but requires minor updates to fully modernize, especially in the ADU, to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kelly Elementary School (9/10). High School: Sage Creek High School (9/10).
- Income Potential/Flexible Living
The property includes an attached 1-bedroom/1-bath ADU, offering significant potential for rental income, multi-generational living, or a dedicated home office space.
- Configurational Versatility
The owner's willingness to convert the ADU back to a 3-bedroom/3-bath main unit provides exceptional flexibility, appealing to a broader range of buyer needs and preferences.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4098, other record lot size in square feet = 4698.
- Lack of Scenic Views
The property explicitly states 'None' for views, which can be a significant drawback in a coastal market like Carlsbad where ocean or panoramic views often command a premium.
- Ongoing Association Fees
A monthly association fee of $324 adds a recurring cost to homeownership, which may be a consideration for budget-conscious buyers.
About 4556 Cove Drive
2 bedroom/2 bath main unit with attached 1 bedroom/1 bath ADU. Owner willing to convert back to 3 bedroom/3 bath
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 4,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $324.0 / Month
Neighborhood Insights
Carlsbad Unified Schools
Kelly Elementary School
Grades K-5 • 0.8 mi
Valley Middle School
Grades 6-8 • 0.9 mi
Carlsbad High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,014 | 2,248 | 39% |
| Lot Size | 4,098 | 8,629 | 13% |
| Price | $1.70M | $1.78M | 45% |
| Price per sq ft | $844 | $832 | 53% |
| Built year | 1989 | 1975 | 71% |
| HOA | $324.0 | $0 | 95% |
| Days on market | 33 | 169 | 6% |
Pricing History
Listed for Sale
Feb 2, 2026
$1,700,000
Initial Listing
Sold
Dec 22, 1997
$280,000
Public Record