Raw land this close to the beach is rare in Carlsbad – and this one of the very few that is zoned R-15, which means you can build two homes and two ADUs – wow! There are only 67 properties west of Carlsbad Blvd in Terramar – and the last two non-oceanfront homes sold on Shore Drive were $3,100,000 and $3,500,000. How many more will be priced under $2,000,000? This might be the last one! Ground-floor ocean view, 35-ft height limit, and 6,115sf lot with 60% FAR, which means two 3,600sf homes with ADUs could be built. I mentioned the tax assessor’s valuations in the video – they appraised the land value of two non-oceanfront properties on Shore Drive for $3,000,000+ with the same size lot without the R-2 zoning.
Haven’t you always wanted to build your own custom dream compound with fantastic ocean views too? Plus walk only 8 doors down to the stairs/beach!
5211 Carlsbad Blvd.
6,115sf lot
LP = $1,999,000 – Now Pending!
We represent the sellers.
https://s.paragonrels.com/goto/ZN0egh
