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    2645 Highland Dr Carlsbad, CA 92008

    View on Map
    Sponsored
    For Sale
    Under Contract
    $2,650,000

    Residential Income - Carlsbad, CA

    Property size:
    2,822 SF
    Lot size:
    17,454.00 Acres
    Days on Market:
    17
    Last Refresh:
    Mar 14 at 3:06 pm

    Property Features for 2645 Highland Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    R-1:SINGLE FAM-RES
    Rooms
    Bedroom 1, Bedroom 2
    Bedrooms
    2
    APN
    1561108600
    Parking
    12
    Parking features
    Driveway, Garage, RV
    Interior features
    Beamed Ceilings, High Ceilings, Living Room Deck Attached, Storage, Open Floorplan, Wired For Sound, Granite Counters
    Exterior features
    Community Features Included: Watersports, Biking, Suburban, Sidewalks, Landscaped, Lot 10000-19999 Sqft, Gentle Sloping, Back Yard, Flag Lot, Yard, Lawn
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Refrigerator, Washer, Water - Purifier
    Size
    2,822 SF
    Lot size
    17,454.00 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1989
    Floors in Building
    2
    Number of units
    3
    Architectural style
    Other

    We can help!

    Listing Contact
    Alan Shafran
    Alan Shafran

    Shafran Realty Group (760) 929-9212

    Listing agent Alan Shafran (760) 280-6408 License #00969660

    Listing date Feb 25, 2026

    MLS# NDP2600800 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Carlsbad Estate with Ocean Views

    Located in a desirable Carlsbad neighborhood, this estate features a main residence, a detached guest house, and a junior ADU, set on a lot exceeding 17,000 sq ft. The main home, spanning 2,822 sq ft, includes 4 bedrooms and 2.5 baths across two levels. The great room features vaulted ceilings and wood floors. The kitchen is equipped with stainless steel appliances, a built-in refrigerator, a 6-burner Viking cooktop, and a Monogram oven. The primary suite is located on the first floor and includes a spa-like en suite bath with an oversized walk-in shower and a walk-in closet. Upstairs, three bedrooms offer ocean views. Outdoor spaces include an outdoor shower, a putting green, and landscaping. The property has paid solar and a Tesla charger in the garage. The detached 1-bedroom, 1-bath guest house has a walk-in closet and laundry hookups and is fully remodeled through 2025. A junior ADU studio is also included. A two-car attached garage completes the property. The lot size is approximately 0.40 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.3408895
    Latitude
    33.1712313

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    FAQs

    What type of property is this?
    Single family property - Carlsbad estate featuring a main residence, guest house, and ADU.
    Where is this single family property located?
    The property is located at 2645 Highland Dr Carlsbad, CA.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Main residence, detached guest house, and junior ADU on a large, private flag lot (over 17,000 sq ft) in a desirable Carlsbad location.; - Ocean views and coastal breezes from an expansive rear deck, accessible from multiple rooms.; - Chef's kitchen with stainless steel appliances, including a **6-burner Viking cooktop and Monogram oven**.
    (760) 280-6408
    Request Owner's contact information
    2645 Highland Dr Carlsbad, CA 92008
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    Carlsbad, CA 92008
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2645 Highland Dr Carlsbad, CA 92008
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    We can help!
    Listing Contact
    Alan Shafran
    Alan Shafran
    Real Estate License ID: 00969660
    (760) 280-6408
    Learn more
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