A rare opportunity on the waterfront of the Carlsbad Lagoon - a fully renovated Mid-Century 4-plex with a private boat dock in one of Carlsbad's most peaceful coastal settings. Each unit captures direct water views and offers private outdoor space, blending seamless indoor-outdoor living just steps from the lagoon beach and minutes to Carlsbad Village. Interiors are thoughtfully updated with custom teak cabinetry, quartz countertops, Italian porcelain tile, high-end appliances, reinforced balconies, and IPE wood decking. Fully furnished and turnkey, the property includes a private gated-entry unit ideal for an owner-user. Zoned for 30+ day rentals with potential to add two units above the garage, this is a distinctive waterfront investment with lifestyle appeal and long-term upside.