$1,135,000
●
House -
Off Market
2887 Corte Morera
Carlsbad, CA 92009
5 Beds
4 Baths,
1
Half Bath
3,777 Ft²
$2,045,141
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
This beautiful La Costa Valley home is situated on a highly
desirable child friendly double Cul-de-sac and features a custom
pool, spa, glass firepit and putting green. Perfect for
entertaining both inside and out, the 3,777 sq ft home is
tastefully upgraded with all the quality you'd expect from a
Hovnanian build including 5 bedrooms, 4.5 baths, plus an office and
a loft/play area, upgraded flooring, bi-fold la Cantina doors,
solar and numerous mature fruit trees. Walk to award winning
grade school. Neighborhoods: La Costa Valley Complex Features:
,,,,,,,,, Equipment: Garage Door Opener,Pool/Spa/Equipment,
Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography:
LL
Unit Size
3,777 Ft²
Days on Market
62 days
Land Size
-
Price per sqft
$311
Property Type
House
Property Taxes
-
HOA Dues
$120
Year Built
2001
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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: 4 months ago (SDMLS #160001520)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Listed by Compass | $2,795,000 | |
| Listed by Compass | |||
| | |||
|
Impeccably maintained Carlsbad family home offering 6 bedrooms, 6 baths, and 3,777 SF on a private lot with pool and spa. This well-appointed two-story residence features spacious living areas, ideal for multigenerational families or those seeking dedicated home office space. Fully remodeled home offering downstairs bedroom and bath, perfect for guests or in-law suite. The private backyard provides the perfect setting for Southern California indoor-outdoor living and entertaining. Built in 2001 with thoughtful updates throughout. 3-car garage. Solar panels for energy efficiency and cost savings. Desirable cul-de-sac location offering privacy and minimal traffic. Prime Carlsbad location near top-rated schools, beaches, shopping, and dining. Perfect for move-up buyers, relocating families, or those seeking space and lifestyle in one of North County's most desirable communities. This home delivers outstanding value in the heart of coastal living.
| |||
| Mar 11, 2016 | Sold | ||
| Sold | |||
| Jan 9, 2016 | Listed by First Team Real Estate | $1,175,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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: Cat Bailey, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160001520
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160001520
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