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No Mello Roos! HOA only $500 per YEAR. Exceptional home for sale in Olde Carlsbad! The original owners have treasured this home. This 4 bedroom 4 bath 2700 sq ft home sits on a corner lot and is within walking distance to Magnolia Elementary, Valley Middle and Carlsbad High schools. Come see this superbly maintained turn key home. Polished travertine flooring, custom hardscape including built in BBQ and firepit, heater and A/C installed in 2015, plantation shutters, dual pane windows replaced in 2012.