308-10 Glenmont Dr, Solana Beach, CA 92075 For Sale

This offering is a rare opportunity located in the heart of Solana Beach, west of I-5, with OCEAN VIEWS, and just moments from the Cedros Design District, Fletcher Cove Beach, The Train Station, shops, dining, and everyday conveniences. Situated on a large, versatile lot with multiple paths for ownership, this property offers the flexibility to enjoy today while preserving future possibilities. The property comprises two distinct units, including a 3-bed, 2-bath home and a studio with its own full bathroom, kitchen, cabinetry, and laundry. Whether utilized as a 4-bed, 3-bath residence, an owner-occupied residence with supplemental rental income, or a full investment property, the layout offers exceptional adaptability for a variety of living arrangements and investment strategies. In addition, there are two detached eco-resort-style tents that add valuable flex space for a creative studio, fitness room, workshop, kids’ playroom, or hobby space! For those seeking a larger long-term vision, the seller also has conceptual plans available, prepared by Bokal & Sneed Architects, that illustrate the potential for an approximately 3,900-square-foot residence. Whether you are searching for a primary residence, an income-producing asset, or a property with future potential, this offering presents a unique opportunity to realize those visions in Solana Beach! Projected income, cap rate, GRM, gross scheduled income, and all financial calculations are based on market rents, full occupancy, and a 30% expense ratio. Buyer/Buyer's Agent to verify all information.