2501 State Street
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2501 State Street #306

D

Carlsbad, CA 92008

$2,699,000
NEW — 4d

Soft Appraisal Value: $2,793,900 · 3.4% below estimate

Beds

3

Baths

3.5

Sqft

2,463

Year Built

2024

Days on Market

4

Property Type

Condo

HOA/mo

$713

MLS ID

NDP2605110

This property is in Carlsbad (92008). View neighborhood stats →

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About This Property

Perfectly positioned in the heart of Downtown Carlsbad, this rare single-level corner unit combines breathtaking ocean and lagoon views, designer-curated finishes, and an unmatched walkable coastal lifestyle. The open-concept great room seamlessly connects the living, dining, and kitchen spaces while expansive pano doors open to a covered view terrace, blurring the line between indoor and outdoor living. The kitchen is built around a dramatic waterfall-edge island and thoughtfully equipped with a Fisher & Paykel coffee system, beverage refrigerator, and custom cabinetry. A brick accent wall, wine bar, and custom media built-ins give the living space warmth and character. The luxurious primary suite features custom closet systems and a spa-inspired bath appointed with oversized designer tile, free-standing soaking tub, illuminated anti-fog smart mirrors, adjustable lighting, and premium finishes. Two additional bedrooms, each with their own en-suite bath, offer the same attention to detail - ideal for guests or an office. Above it all, the rooftop deck delivers 360-degree views, a firepit, and a BBQ area that make sunset a nightly event. Practical features include two underground parking spaces with EV charging, private storage, community elevator, mini-split HVAC in every room, water purification & conditioning system, automated shades, Ring security, and a community dog wash and workshop. Zoned for Carlsbad’s award-winning schools, including Buena Vista Elementary, Valley Middle School, and Sage Creek & Carlsbad High School. Ocean 17 is one of Carlsbad Village’s most exclusive and intimate communities built in 2024 with only 17 total residences. Few homes offer this combination of design, location, and lifestyle! Buyers and buyer’s agent to verify all in MLS prior to COE.

Mortgage Calculator

Est. Monthly Payment

$17,847

Principal & Interest$13,648
Property Tax$2,699
Insurance$787
HOA$713
%($539,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,298
Monthly Cashflow

Rent − PITIA

$-10,549
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,476

Mortgage (P+I)
$13,648
Cap Rate
-0.37%
Cash-on-Cash
-32.18%
DSCR

Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$26,098

NOI (Annual)
$-9,944
Price-to-Rent

Lower = better for investors

30.8

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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