6468 Franciscan Road, Carlsbad, CA 92011

Property Description

Built in 2017 and located just 2 blocks from Carlsbad State Beach and Lifeguard Tower 27, this 3,436 sq. ft. coastal home offers an exceptional opportunity to buy now and choose your own finishes before the renovation is completed. Located on a cul-de-sac of only 18 homes with no neighbors directly behind, the home features a 2-car garage, 3 balconies, outdoor shower, firepit, and a built-in outdoor island BBQ—perfect for the Southern California beach lifestyle. Poinsettia Coaster Station is approximately a 10-minute walk away, providing convenient coastal rail access. A MAJOR FINANCING OPPORTUNITY: Seller has an existing approximately $970,000 VA loan at 2.5% that may be assumable by a qualified buyer, subject to lender/VA approval and applicable requirements. With today's interest rates, the potential payment savings could be substantial (thousands a month.. speak to lender for details). The property experienced a water intrusion/flood event and has already undergone professional remediation. Potentially moisture-damaged flooring and wall materials were removed, testing and tear-out have been completed, and seller reports no additional mitigation is currently required. The interior is now ready for reconstruction and finishing. Offered AS-IS at $2,300,000, creating an opportunity for a buyer, investor, or contractor to complete the home to their own taste rather than paying for someone else's finishes. Seller currently plans to renovate the property if it does not sell in its present condition, with an anticipated future offering around $2.8 million. Contractor's current estimate is approximately 3 months to complete the renovation. Buy now, select your finishes, and create your own coastal Carlsbad home just steps from the beach.