1196 Magnolia Ave Carlsbad, CA 92008

*Seller will entertain offers between $1,999,000-2,149,000.* Incredible opportunity to own one of the very few remaining large, level, quiet, properties in Olde Carlsbad yet to be fully built out. The charming cottage home is surprisingly spacious and features an updated kitchen and baths, beautiful hardwood floors, quaint french paned glass doors and an excellent single level floor plan. What makes this opportunity all the more special is the abundance of value-add options. At nearly 21,000sf, the parcel already has a tentative parcel map which when completed would create two lots and allow a second home (with ocean views!) to be developed separately. Alternatively, a new owner may prefer to keep the lot as one, add a granny flat or pool house, or create a dream estate property. The home is in good condition (due to circumstances limited interior photos were available) and primely located just minutes from Carlsbad Village and Tamarack Beach and walkable to shopping and great schools. Do not miss this unique chance to own something truly special on this quiet neighborhood street surrounded by multi-million dollar properties.