4874 Park Drive, Carlsbad, California 92008, Carlsbad, - bed, bath

home-pic
ACTIVE$1,699,000
4874 Park Drive, Carlsbad, California 92008
4Beds
4Baths
3,898Sqft
12,733Lot
Year Built
1971
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2509893
Home ConditionTear down
Features
Good View:
Pool
Patio
View

About this home

Shovel-ready coastal opportunity in Olde Carlsbad! After a meticulous three-year approval process through the Coastal Commission, this premium 12,733 sq. ft. lot comes with fully permitted modern architectural plans. Over $100,000 in premium windows and doors are included in the sale, offering a head start on construction and design continuity. The approved plans feature a 2,615 sq. ft. main residence, an 800 sq. ft. detached pool casita, and a permitted pool, all thoughtfully composed in a clean coastal-modern aesthetic that blends luxury and functionality. Expansive glass doors open to seamless indoor-outdoor living, showcasing open-concept entertaining spaces, a chef’s kitchen, and a detached casita ideal for guests, a wellness retreat, or creative studio. Located west of El Camino Real and just minutes from Carlsbad Village, beaches, and the lagoon, this property offers an ultra-rare chance to start construction immediately with permits ready to pull. A one-of-a-kind opportunity to bring your dream modern coastal home to life without the wait. Property Highlights * Lot size: 12,733 sq. ft. * Main home: 2,615 sq. ft. (permitted) * Detached casita: 800 sq. ft. (permitted) * Pool: 179 sq. ft. (permitted) * Fully approved plans, permits ready to pull * Three-year Coastal Commission approval completed * Designed by Shirley Slee * Start construction immediately

Nearby schools

9/10
Kelly Elementary School
Public,K-50.3mi
9/10
Magnolia Elementary School
Public,K-51.4mi
8/10
Valley Middle School
Public,6-81.4mi
8/10
Carlsbad High School
Public,9-121.5mi
9/10
Sage Creek High School
Public,9-121.8mi

Price History

Date
Event
Price
10/13/25
Listing
$1,699,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (92 Listings)
Beds44
50%
Baths43
69%
Square foot3,8982,248
92%
Lot Size12,7339,300
75%
Price$1.7M$1.86M
38%
Price per square foot$436$843
1%
Built year19711975
41%
HOA
Days on market23149
2%
Condition Rating
Tear down

This listing is for a 'shovel-ready coastal opportunity' with 'fully permitted modern architectural plans' for a new build. The images provided are architectural renderings of the proposed new construction, not the current state of any existing structure. While the original year built is 1971, the property's value is clearly based on the land and its potential for redevelopment, indicating that any existing structure is intended for demolition to make way for the new project.
Pros & Cons

Pros

Shovel-Ready Development: Permits are ready to pull, allowing immediate construction and saving years of planning and approval time, a significant advantage in coastal development.
Coastal Commission Approval Secured: A meticulous three-year approval process through the Coastal Commission is complete, de-risking the project significantly and adding immense value.
Premium Inclusions: Over $100,000 in premium windows and doors are included in the sale, offering substantial cost savings and ensuring high-quality design continuity.
Prime Olde Carlsbad Location: Situated west of El Camino Real, minutes from Carlsbad Village, beaches, and the lagoon, offering a highly desirable and sought-after coastal lifestyle.
Comprehensive Modern Design: Fully permitted plans for a 2,615 sq. ft. main home, an 800 sq. ft. detached casita, and a pool provide a complete luxury coastal-modern estate.

Cons

Significant Additional Investment Required: The listed price is for the lot and plans; the buyer must fund the entire construction, which will be a substantial additional cost beyond the purchase price.
Extended Construction Timeline: Despite being shovel-ready, the actual construction process will still require a considerable amount of time before the home is habitable, delaying occupancy.
No Immediate Occupancy: The property is a development project, meaning the buyer cannot move in immediately and must manage the construction process, requiring alternative living arrangements.

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