Recently revived incredible single-level, multi-generational, or income-generating mini-resort proportunity located on a flat usable 2/3rd acre lot showcasing westerly ocean view & easterly rolling hills and valley views. Perched high at the top of the ridge above the Agua Hedionda Lagoon and only a 1.5m walk or bike to Tamarack Beach. Originally built in 1946, now transformed into an extraordinarily designed chic modern coastal farmhouse, that offers two detached homes including a full 910 sq ft 1 bed/1 bath guest house/ADU with a full kitchen, living room, office, or yoga studio. Ocean and Lagoon Views are enjoyed from the kitchen and office as well from the private exclusive yard, large enough for entertaining and gardening, and offers dedicated parking. This is the perfect guest quarters or an incredible short-term rental opportunity being within Carlsbad’s Short Term permissible zone. The main house exudes privacy as it sits in the back of the property off the main road, with the pool area right in the middle between the guest house & main, so no matter what you use the guest house for, everyone can still have their private space and use the pool without it feeling intrusive. The main house exhibits an elegant modern style, an open floor plan, and indoor-outdoor living and consists of 4 bedrooms all with their own dedicated baths, including a Jr and Master suites both with their own private entrances on opposite wings of the home. An amazing backyard with easterly facing views of rolling hills and offers a covered porch space and grass area big enough for play and entertaining.