$3,800,000

Ideally located in the heart of Olde Del Mar, this ocean view, single level beach cottage has been lovingly cared for by the same family for over 50 years. Rarely available in this coveted pocket of estate homes, it is time to pass the torch to a new owner to enjoy as-is or upgrade and expand to a greater vision. Upon stepping inside, ocean views greet you through picture windows, while old style vaulted wood-beam ceilings and a classic red brick fireplace anchor the light-filled living room. The main home offers 3 BR 2 BA and 1,320 SF of living space including built-in storage in the bedrooms and hallway. A separate studio ADU 480 SF with its own entrance adds flexibility for multi-generational living, a guest suite, or rental income.Outside is a spacious patio area, an enclosed laundry area, an outdoor shower, and built-in BBQ. Below the patio area is a well-placed storage shed and a large gardening area or place for dogs to roam. Walk in minutes to the Del Mar Plaza, Village shops and businesses, numerous restaurants, Powerhouse Park and gorgeous white sand beaches. Del Mar is a historic seaside village known for its legendary thoroughbred racetrack, deep Hollywood roots, and its natural coastal beauty. This is a truly unique opportunity to own an ocean view, Olde Del Mar cottage in an extraordinary location. The City of Del Mar is in the midst of a Citywide Undergrounding Program (UP). The UP is designed to remove utility poles and replace overhead cables for electricity and telecommunications with underground lines.