Modern Custom Waterfront Compound. GREAT development Opportunity! **Buyer has first right of refusal to two (2) additional 15,000 sqft lots. (Lots are PUD approved with a separate private entrance.) This modern custom waterfront compound, situated in Carlsbad offers a unique development opportunity. This property offers stunning Lagoon and Ocean views from every floor-to-ceiling window, enhancing the luxurious living experience. The buyer has the first right of refusal to two (2) additional 15,000 sqft lots. These lots are PUD approved and come with a separate private entrance. The buyer has up to one (1) year post-COE to decide on purchasing these additional lots, which can be used for building another home, a pickleball court, an ADU, or a luxury garage. Property is completely private and secured, surrounded by 6 ft block custom black smooth stucco'd walls. It has no adjacent neighbors, ensuring complete seclusion. You are surrounded by a Modern design structure that was Completed in 2021, and features a modular, angled modern design with an open floor plan. The structure is built with steel beam construction and includes disappearing glass doors along the western portion of the living and dining space. Exterior boasts a sleek black, white, and grey color scheme with aluminum sectioning. The entrance features stainless steel and glass doors. Enjoy a 5-car attached garage with large custom metal storage cabinets and gray high gloss marbled porcelain dust-free floor similar to those found in the finest car showrooms. This property offers a blend of luxury and privacy.