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Listed by AARE, Christine Derr, Listing Contact: 760-845-9060 
3 Beds
2 Baths
1,138 sqft

$3,000,000

245 Hemlock Avenue, Carlsbad CA, 92008

Price per sqft$2,636.20
Built in1957
Property size1,138 sqft
Property typeResidential

Overview

Active

Listed Aug 27, 2026

Updated 2 weeks ago

Prime Beachside Investment & Development Opportunity! West of the 5 Freeway and approximately a 3-minute walk to the beach, this exceptional Carlsbad property offers a rare combination of coastal lifestyle, immediate rental income and future development potential. A nearby crosswalk provides convenient access to the beach stairs, putting the sand and surf just moments away. The completely remodeled home has been a successful vacation rental for the past five years and is located within an approved vacation rental zone, an important advantage in Carlsbad where not all properties qualify for vacation rental use. The generous lot size and placement of the existing home offer development potential. The multi-unit zoning opens the door to several possibilities, including adding a back duplex, expanding the existing home, or pursuing a larger redevelopment concept, all subject to city approval. The current home can continue generating rental income while exploring the property's future potential. Currently, the rear yard features a private volleyball court. This home has an unbeatable coastal location and may be purchased fully furnished and turnkey, allowing a new owner to seamlessly continue its use as a vacation rental. Whether you're seeking a turnkey income-producing property, a coastal development opportunity, or an investment with immediate income and long-term upside, this is a rare opportunity in one of Carlsbad's most desirable beachside locations.

$19,959/mo

Est. mortgage payment based on a $3,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NDP2608097

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Garage
Yes
View
Yes

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Data last updated 3:55 AM UTC, 8/29/2026

   

 

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