Rare opportunity in Olde Carlsbad to own nearly an acre of flat usable land with endless possibilities! Whether you are looking to build your dream estate, create an income producing property, or design a multi-generational compound, this property offers a unique blend of livability and future upside. The existing single-story home is filled with character and features spacious living areas with wood panel beam ceilings. The kitchen includes a gas range and Corian countertops, while dual pane windows bring in natural light throughout. The primary suite offers vaulted ceilings with wood panel beams and an en-suite bath. Step outside to a fully fenced backyard shaded by a pergola and beyond that, the expansive, undeveloped lot with endless opportunities. Additional features include various fruit trees including: passionfruit, avocado, orange, apple, loquat, and grapefruit, 2-car attached garage with laundry, oversized driveway, and no HOA or Mello-Roos. Located just minutes from The Village of downtown Carlsbad, the beach, and easy access to I-5, this home combines privacy, space, and convenience. Set on a street known for its custom homes, this property is also within top rated schools including Buena Vista Elementary, Valley Middle School, and Carlsbad Unified high schools with school choice. A truly special property with incredible potential in one of Carlsbad's most desirable coastal neighborhoods.  Buyer and buyer's agent to verify all in MLS prior to COE.