7738 Madrilena Way, Carlsbad, California 92009, Carlsbad, 92009 - 4 bed, 4 bath
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Carlsbad, California 92009
This Spacious Single-Level Estate represents a Strong Value Opportunity, listed at $2,399,900—positioned above the $2,182,096 Fair Market Value. While priced for the premium Carlsbad market, the property offers significant long-term upside through its 11,951 sqft lot and panoramic canyon views. Featuring a Fair Condition Rating with original 1996 finishes, the home provides a blank canvas for modernization. Located in the top-tier San Dieguito Union High School District, this residence is an ideal acquisition for Owner-Occupants or Value-Add Investors seeking a private, multigenerational sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7738 Madrilena Way Subject | $2,399,900* List Price | 4 | 4 | 2,984 | $731 | - |
A 3005 Cadencia Street Sold | $1,795,000 | 4 | 3 | 2,686 | $668 | 0.6 mi |
B 2124 Pintoresco Court Sold | $1,825,000 | 4 | 3 | 2,731 | $668 | 0.6 mi |
C 3107 Serrano Sold | $2,375,000 | 4 | 4 | 3,196 | $743 | 0.7 mi |
D 7627 Reposado Dr Sold | $1,885,000 | 5 | 3 | 3,064 | $615 | 0.6 mi |
E 2120 Pintoresco Ct. Sold | $1,725,000 | 3 | 3 | 2,833 | $609 | 0.6 mi |
F 2940 Gaviota Circle Sold | $1,715,000 | 4 | 3 | 2,122 | $808 | 0.5 mi |
G 7781 Rocio Active | $2,250,000 List Price | 3 | 3 | 3,161 | $712 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, the home is approximately 28 years old and retains its original interior finishes. The bathrooms and kitchen feature dated honey-oak cabinetry, gold-tone fixtures, and beige tile work consistent with the mid-90s construction. While the property is exceptionally well-maintained and move-in ready, the age of the primary systems and the need for aesthetic modernization of wet areas align with the Fair criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11951, living area = 2984.
Elementary School: La Costa Heights Elementary School (9/10). Middle School: Pacific Trails Middle (10/10).
The rare single-story floor plan features two primary suites among its four bedrooms, offering exceptional flexibility for multigenerational living or hosting long-term guests in comfort.
With a build date of 1996, the interior may require cosmetic updates or modern renovations to fully align with the contemporary luxury standards expected at this price point.
Although the home is in a top-rated district, the highly-ranked Pacific Trails Middle School is located over nine miles away, which may be a drawback for families prioritizing proximity.
Experience refined single-level living in this beautiful estate, offering approximately 3,000 square feet of thoughtfully designed living space. The home features four spacious bedrooms and four full bathrooms, including two luxurious primary suites—ideal for multigenerational living or hosting guests in comfort. Set on an expansive lot of more than a quarter acre, this exceptional property backs to a tranquil nature preserve, creating a private, peaceful setting with sweeping panoramic views. The premium homesite offers an extraordinary outdoor environment with a generous backyard designed for entertaining, intimate gatherings, elegant weddings, or the addition of a spectacular infinity-edge pool. Located within the highly regarded Encinitas Union and San Dieguito High school districts. This rare offering combines privacy, natural beauty, and convenience—with no HOA fees and no Mello-Roos.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.5 mi
Grades 7-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,984 | 2,353 |
| Lot Size | 11,951 | 8,449 |
| Price | $2.40M | $1.83M |
| Price per sq ft | $804 | $759 |
| Built year | 1977 | 1989 |
| HOA | $0 | $204 |
| Days on market | 18 | 38 |
Jul 4, 2026
$2,399,900
Initial Listing
Apr 23, 1998
$230,000
Public Record