
Carlsbad, California 92008
Located just two blocks from the beach in the prime Terramar neighborhood of Carlsbad. Capitalize on high rental demand and immediate cash flow with this 2025 multi-family investment, situated steps from the Carlsbad coast. Designed to optimize income, the compound features three distinct revenue generating units led by a luxury 5 bedroom main home, which currently performing successfully as an Airbnb. The main home is complete with high-end architectural finishes, a stylish wet bar, and a rooftop deck with sweeping ocean views highlighted by 10 foot ceilings, a floating LED staircase, seamless indoor-outdoor LaCantina doors, and an ocean view rooftop deck with a hot tub and outdoor kitchen. Two fully occupied residential units round out the portfolio. A detached 3 bedroom, 2 bath ADU with private front and rear yards, alongside a spacious 1 bedroom Jr. ADU with its own outdoor space. With immediate revenue in place and flexible lease structures, this exceptional turn-key asset provides an ideal destination for your next 1031 exchange.
Property is new construction or fully renovated.
Brand new 2025 construction in mint condition. Features high-end luxury finishes including a professional-grade kitchen with premium stone countertops, designer bathrooms with contemporary tile work, and modern energy-efficient systems including mini-split HVAC and LED lighting throughout.
High School: Sage Creek High School (9/10).
This 2025-built compound features three distinct revenue-generating units, including a 5-bedroom main home and two ADUs, offering immediate cash flow and high rental demand for 1031 exchange investors.
Situated just two blocks from the beach in the exclusive Terramar neighborhood, the property offers sweeping ocean views and a rooftop deck equipped with a hot tub and outdoor kitchen.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 9, other record bedroom count = 3.
The property has been on the market for 129 days and has undergone multiple price reductions totaling over $500,000, suggesting initial overpricing relative to current buyer demand.
With nine bedrooms and three separate living units on a single residential lot, the property may lack the privacy and yard space desired by traditional owner-occupant buyers at this $5M+ price point.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 9.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,936 | 2,357.728 |
| Lot Size | - | 8,811.432 |
| Price | $5.25M | $1.88M |
| Price per sq ft | $1.1K | $760 |
| Built year | 2025 | 1993 |
| HOA | $0 | $196 |
| Days on market | 145 | 41 |
Sep 16, 2026
$5,249,900
$5,499,900
-5% Price Drop
Initial Listing
Jul 22, 2026
$5,499,900
$5,749,900
-4% Price Drop
Initial Listing
Jul 8, 2026
$5,749,900
$5,799,900
-1% Price Drop
Initial Listing
Jun 2, 2026
$5,799,900
Initial Listing
Oct 16, 2023
$1,900,000
Public Record