0 Hemingway Dr Carlsbad, CA 92008
This exceptional 5.64-acre parcel in Carlsbad, California, presents a unique development opportunity. Situated in the desirable San Diego County, specifically within the original Planning Area L of Kelly Ranch, this property boasts a prime location in the coastal community of Carlsbad, zip code 92008. The land, located on Hemingway Dr, has been meticulously graded and cleared under permits, and farmed for over three decades, minimizing site preparation costs. Its hillside location offers breathtaking, unrestricted views of open space, a lagoon, and the Pacific Ocean. The property's existing grading and history of use significantly reduce development hurdles. Conceptual plans envision a boutique village, potentially featuring luxury terraces and single-family residences, townhomes, condominiums, senior housing, or residential care facilities. The design incorporates a unique trail system connecting homes to a private recreational area at the hilltop, complete with a pavilion, playground, and gathering patio. This exceptional location and versatile zoning offer significant potential for a high-end residential development in a sought-after coastal setting. The property's latitude is 33.1432878 and longitude is -117.302193. This is a rare opportunity to create a truly exceptional community in Carlsbad.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.