Press Release

March 8, 2021

Land Team Sells 1 Acre for $2.7M

Carlsbad, CA – March 5, 2021 – Matt Weaver and Al Apuzzo of Lee & Associates – NSDC and Michael McFarland of Cardinal Industrial have just sold 4509 Adams St. Matt, Al, and Michael represented both the Seller, VIP Partners, and the Buyer, Bitchin Properties LLC. The property is situated on the Agua Hedionda lagoon. The one acre property currently has an approximately 3,824 square foot structure with boat ramp and water access. The upper level of the original house is a 2-bedroom apartment. The lower part of the original house was converted into a restaurant in the 1960s. The restaurant closed in 2004 and was converted back to a 2-bedroom apartment and added storage under the house for the Boat Club. It is currently the home of floating yoga.  The property is zoned Residential Tourism and the general plan is Visitor Commercial.  The property sold for $2,700,000.

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