Discover an exceptional opportunity just steps from the beach in the heart of Carlsbad Village. Located within the highly desirable Village Redevelopment zoning, this expansive lot and home offers incredible potential for developers, investors, or homeowners seeking a coastal dream property. Whether you choose to maintain it as a successful vacation rental, build your dream home with an ADU, or explore possibilities for multi-unit residential or mixed-use development, the opportunities here are truly endless. The existing home features two spacious bedrooms, each with its own ensuite bathroom, along with an open floor plan highlighted by wood flooring and exposed wood beam ceilings. Two cozy fireplaces add warmth and charm, creating an inviting atmosphere throughout. Designed for the ultimate California indoor-outdoor lifestyle, the property boasts a built-in brick BBQ area, generous lounging spaces, and a private pool perfect for relaxing or entertaining. Enjoy outdoor dining, take a refreshing swim, or rinse off in the heated outdoor shower after a day at the beach. The grounds include fruit trees and a grassy area ideal for small picnics, or simply soaking in the coastal ambiance. This is a rare chance to own a versatile property in one of North County’s most sought-after locations—where lifestyle, investment potential, and coastal living come together.