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2648 State St #E, Carlsbad, CA, 92008

3beds
4baths
2,329sqft
$1,849,999
$794price/sqft
$11,108/moest. monthly cost
$444,320/yrincome needed

About This Home

Just Reduced! Coastal living or Rental Income Potential in the Heart of Carlsbad Village, Just Three Blocks from the Beach. Enjoy the flexibility to live full-time or part-time, and generate rental income when not in use. No HOA restrictions on rental length. Built in 2022 by award-winning Safdie Rabines Architects, this never-lived-in luxury townhome is ideally positioned on State Street in one of San Diego County’s most sought-after coastal communities. The four-story design offers a private elevator and light-filled interiors across 2,330 square feet. Three bedrooms, each with an ensuite bath and closet. Thermador appliances and quartz countertops. Two private decks with glass railings capture ocean breezes and sunset views. High ceilings and a private, spacious two-car garage. Convenient access to a weekly farmers market, popular surf breaks, boutique shopping, cafes, and Michelin-starred dining at Jeune et Jolie and Lilo right across the street. Never lived in. Move-in ready. Easy to show!

Getting Around

95
WalkingWalker's Paradise
38
TransitSome Transit
74
BikeVery Bikeable

Schools

9/10
6/10
Valley Middle SchoolGrades 6-81.3 mi
9/10
Carlsbad High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Turnkey,Under Construction
  • New construction: Yes
  • Year built: 2022

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: Townhouse
  • Architectural style: Modern
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Freezer,Gas Cooktop,Microwave,Refrigerator,Range Hood,Dryer,Washer

Bathroom

  • Features: Dual Sinks,Walk-In Shower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Balcony,Breakfast Area,Elevator,High Ceilings,Open Floorplan,Entrance Foyer,Primary Suite,Walk-In Closet(s)
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,329 sqft

Master Bedroom

  • Features: Primary Suite

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 2031012005
  • Attached to another structure: Yes
  • Zoning: R-1: SINGLE
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Balcony
  • Exterior features: Balcony
  • Has view: Yes
  • View description: City Lights
  • Waterfront features: Ocean Side Of Freeway

Lot

  • Lot size: 0.25 Acres
  • Features: Near Public Transit

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in San Diego County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,354$112,248
Home Insurance *$223$2,676
Property Taxes $1,032$12,384
Electricity $499$5,993
Total$11,108$133,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$380,845/yr
40% on housing$333,240/yr
45% on housing$296,213/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$794This listing

vs Other Active Listings

Avg $/sqft

ZIP 92008$924
San Diego County$558

vs Homes Sold Last Month

Median $/sqft

ZIP 92008$815
San Diego County$576

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-25Price change$1,899,000
2026-01-30Listed for sale$1,949,000
2025-09-12Listing removed$1,949,000
2025-08-12Listed for sale$1,949,000
2025-07-24Listing removed$1,999,000
2025-01-31Pending sale$1,999,000
2024-11-08Price change$1,999,000
2024-07-10Listed for sale$2,149,000

New Construction

AgentRaquel Benguiat
BrokerageDouglas Elliman of California

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