$3,690,000
●
House -
For Sale
2438 Ocean Street
Carlsbad, CA 92008
3 Beds
2 Baths,
1
Half Bath
2,333 Ft²
$18,119
Est. Monthly
About This Property
Enjoy direct beach access and sweeping ocean views from this
exceptional Carlsbad coastal home, just steps from the sand.
Multiple outdoor entertaining areas, a rooftop deck for
unforgettable sunsets, and a waterfall spa create an inviting
setting for relaxed coastal living. Inside, a light-filled open
layout features expansive windows and a gourmet kitchen with
granite counters and a wine cooler. The primary suite offers a
balcony, fireplace, and spa-style bath with a Jacuzzi tub. Two
additional bedrooms and a custom cherry-wood office provide space
for guests or working from home. A private driveway and spacious
two-car garage add convenience, while Carlsbad Village shops,
cafes, and restaurants are within walking distance. Set on one of
the largest lots on Ocean Street and zoned R-3; buyers to verify
development potential and feasibility.
Unit Size
2,333 Ft²
Days on Market
7 days
Land Size
0.12 acres
Price per sqft
$1,582
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (SDMLS #PTP2607729)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Listed by Finest City Homes | $3,690,000 | |
| Listed by Finest City Homes | |||
| Jan 9, 2026 | Price Decreased |
$4,994,900
↓ $100
(0%) | |
| Price Decreased | |||
| Oct 30, 2025 | Listed | $4,995,000 | |
| Listed | |||
| | |||
|
Sunset Alert! Rare opportunity to live steps from the sand with direct beach access and breathtaking ocean views. Seller completed a major remodel in 2005 on this luxury coastal home which offers multiple outdoor entertaining areas, a rooftop deck for unforgettable sunsets, and a spa with waterfall. Inside, enjoy a light-filled open layout with expansive windows, gourmet kitchen, granite counters, and wine cooler. The primary suite features a balcony, fireplace, and spa-style jacuzzi bath. Two guest suites, a custom cherry-wood office, private driveway, and large two-car garage complete this exceptional beachside retreat. Walk to Carlsbad Village shops, cafés, and restaurants. Explore the feasibility of one of the largest lots on Ocean St with R3 zoning.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: AllBedroomsUp
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Living Room, Bedroom
Exterior Details
Square Footage: 2333
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1980
Waterfront Features: Waterfront
Levels: Two
Pool Features: None
Lot Features: Waterfront, Yard
Lot Size Area: 5334
Lot Size Units: Square Feet
Lot Size Acres: 0.1225
Lot Size Square Feet: 5334
Utilities Details
Cooling Type: None
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Carlsbad
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Listed by: Eric Vaca, Finest City Homes
Last Updated: 3 days ago
Data Source: CRMLS, MLS# PTP2607729
Last Updated: 3 days ago
Data Source: CRMLS, MLS# PTP2607729
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