Home for Sale at 7117 Obelisco Cir, Carlsbad, CA 92009

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7117 Obelisco Cir
Carlsbad, CA 92009

Mark Marquez with Compass, original listing - (858) 345-4514

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Property Details

List Price:	$5,795,000
Beds:	5
Baths:	Full: 7
Status:	Active
SqFt:	6171 Square Feet
Agency:	Compass
Agency Phone:	(858) 345-4514

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Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	2005
Notes:	Set on one of the most coveted view lots in La Costa, an entertainer’s dream, this custom estate delivers the ultimate indoor and outdoor living experience. Recently renovated with significant newer improvements, you are greeted by an impressive custom pivot front door upon entering, your guests are immediately captivated by the panoramic unobstructed lagoon and ocean views from the great room, kitchen, formal dining spaces and primary bedroom all on the main entry level. A well-appointed gourmet kitchen finished in European style soft touch cabinetry, custom island with backlit onyx stone and second prep sink, new custom backsplash, modern lighting. The great room features newer custom plaster shelves, throughout the main level are high vaulted richly stained wood beamed and plank ceilings. The primary suite hosts views and a rare ocean facing walk out balcony. A substantial European styled primary bathroom with abundant cabinetry, flush walk-in shower and separate soaking tub with walk in closets. The second level features ensuite bedrooms and a separate sitting area for family. A newer murphy bed is featured in the guest suite. The outdoor living space completed in custom concrete pavers features a serving bar to host gatherings around the fully lit tennis court, pool/spa with new solar, and several sitting areas all while enjoying daily sunsets. A deep three car garage with custom cabinetry and wood doors, a PV solar system serves the home as well. On a 0.58 acre lot this custom estate delivers it all.
MlsNumber:	--
ListingId:	250001243

Listing Provided By:	Compass, original listing
Phone:	(619) 933-0050
Office Phone:	(858) 345-4514
Agent Name:	Mark Marquez
Disclaimer:	Copyright © 2025 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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