Property
Listing Agent: Lulu Knowlton (DRE #01950225) · Listing Office: eXp Realty of California Inc · Contact: 888-584-9427 · Bought with: Lulu Knowlton · eXp Realty of California Inc · MLS #22154511 · Source: CRMLS
HUGE PRICE REDUCTION !!! Amazing Development Opportunity on this 9,965 sf lot (zoned for commercial and mixed use) in the heart of Carlsbad Village directly across the street from the historic Carlsbad Village Faire Shopping Center and just block from the iconic intersection of Carlsbad Village Drive and Carlsbad Blvd/PCH. From this site, all of Carlsbad Village is in walking distance and the beautiful beaches and famous Carlsbad Seawall trail is two blocks away where residents and tourists enjoy walking, running and dolphin watching along the Pacific Ocean shoreline. Recent State Bonus Density Law will allow for a 35%-50% increase in density for the land. Zoning allows for retail/non-residential use on ground floor, with the option of other uses, both residential and non-residential on the remaining upper floors (Buyer to Verify). The City of Carlsbad is one of the top 20 wealthiest cities in the US, with a diversified local economy including biotech, software development, information and communications tech, real estate development and hospitality.
Listing description from the April 2023 sale, as reported to CRMLS.