Our New Listing in Terramar!

5450 Los Robles Drive, Carlsbad

3 br/2 ba, 2,700sf

YB: 1976

7,200sf lot

No HOA or Mello-Roos fees

LP = $2,900,000

Open 12-3pm Saturday and Sunday, March 16&17.

Check out this ultimate retro-mod beach house at the quiet end of Los Robles Drive and at the highest point in Terramar, which means ocean and sunset views to the west, and flower-field views to the east! Wide-open floor plan with massive kitchen that has high ceilings and skylight, new light-tan colored hardwood floors, new roof, two fireplaces, bedroom/bath on ground floor, killer primary suite with big walk-in closet, and a fantastic backyard with sauna too! Forget those three-story sterile boxes – come dig this ultra-cool beach classic and enjoy the sights and sounds of the liquid blue enchantress just 100 yards away! Plus you have the private Terramar landing on Shore Drive too (last two photos).

If you prefer a single-level, this is for sale down the street: LINK

Terramar Beach Bungalow

Step into the stunning Terramar community, just a stone’s throw from the beach! Enjoy the highly coveted location with exclusive private Terramar beach access. This single-story home spans 1846 sqft and boasts 2 generous bedrooms and 2 full baths. This home has been meticulously cared for throughout the years with only 2 owners. You are greeted with pristine landscaping, charming curb appeal, open entertaining floor plan, interior laundry, and a custom bar. In addition, there’s a detached garage with a large storage room. Attached to the garage is an additional bedroom with a bath ensuite perfect for guests or a possible ADU addition. The 7400 sqft lot offers a generous lawn backyard and an expansive western-facing deck that treats you to a mesmerizing ocean view. Close proximity to the exquisite Carlsbad beaches, the vibrant flower fields, and the delightful eateries and shops of Carlsbad Village. Unleash your creativity to expand on this amazing lot and transform this house into your dream home.

5421 Los Robles Drive, Carlsbad

2 br/2 ba, 1,846sf

YB: 1968

Lot size = 7,400sf

LP = $2,150,000 – Sold!

We represented the buyers.

Build Oceanview Dream Homes

I just listed this Terramar property for sale that allows for 60% FAR coverage, which should mean that two 3,600sf oceanview homes with ADUs for could be built on this R-15 lot and it’s only $1,999,000! The two homes should be worth around $4 to $5 million each when done. I mentioned the tax assessor’s valuations – 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. Build the family compound!


Terramar Beach Bungalows

Two legal beach bungalows separated by a terrific garden in the middle of one of the largest residential lots (10,200sf) this close to the beach – plus it’s in the exclusive Terramar neighborhood which has its own private access to the sand! Away from the high-density tourist areas, this feels like you’re in a regular suburban neighborhood without the maddening beach traffic – yet you can walk two blocks to the beach! In the main house in front, you’ll be greeted by the contemporary great room that’s centered around an inviting butcher-block island, remodeled kitchen, and open-beam ceilings that feel ‘cute and cozy! New roof, newer windows, solar panels (no electric bills!), several skylights, air conditioning & laundry rooms in BOTH houses, no HOA, and the huge yard is ideally suited for gardening! Big money has discovered Terramar, and several estate-sized projects are underway – get yourself a piece of prime beach property!

5239-41 El Arbol, Carlsbad

3 br/2 ba house in front, and 1br/1ba house in back

10,200sf lot


LP = $2,440,000 – SOLD!

We represented the sellers.

Bye Bye Smokestack

Carlsbad has been put on notice – the NRG smokestack is coming down!

The big question is what will go up in its place, and it should be the next big fight among locals.  It’s probably a toss up between a mixed-use hotel development and a public park – but not a Nordstrom!

Will the removal of the ugly and dangerous-looking smokestack improve nearby home values?

There are two neighborhoods that could benefit – Spyglass/Heron Bay and Terramar:

The Spyglass/Heron Bay neighborhoods up on the hill have had the smokestack blocking their view since the beginning, and it would be a welcome relief for those homeowners to see it go.  When I was trying to sell the former model, the view of the ‘stack was the #1 complaint, and we never did sell the house.

This is what it looked like – it does spoil the sunset view, doesn’t it?

The other community affected is Terramar, which is across the street from the plant and has been there just about as long – both date back to the 1950s.

When I’ve had listings in Terramar, there were always comments at open houses about the ugly factor, and concerns that pollutants were being released that would kill people.  But because Terramar is ocean-close, there were always enough beachlovers who were willing to overlook any negativity about the plant.

Terramar has been under-priced for a few years now, primarily due to the lack of turnover and off-market sales.  The last sale on El Arbol was only $1,104,000 for 1,644sf on a 7,500sf lot, which if it were further north in the Garfield area it would have garnered at least 10% more.  The east side of El Arbol does get a direct shot of railroad, but the RR goes by Garfield too.

I think both areas could see a +10% benefit in nearby home values once the smokestack is gone, just for the happy factor – it will be a relief to see it go, and be one less thing for buyers to worry about!

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