First time on the market in 50 years! Fully renovated Olde Carlsbad designer home on Bienvenida Cr cul-de-sac with nearly 10,000 sq ft lot, NO HOA, and walking distance to top-rated Kelly Elementary and Carlsbad schools. The main house offers 5 bed / 3 bath plus yoga room, office, or playroom, with a downstairs primary suite that lives like a single level. The fully permitted ADU has a separate entrance, 1 bed / 1 bath, full kitchen, in-unit laundry, soaring ceilings, and a private yard. The kitchen features custom cabinetry with pull-out shelving, Taj Mahal quartz counters, full-height backsplash, slab to ceiling behind the stove, custom rollout cabinet with countertop, and a mixer/blender garage with outlet. All new appliances: built-in fridge, matching 36" range, dishwasher, built-in ice maker, XL Kraus sink with bridge faucet. Wet bar in the living room with Kraus sink, cup washer, and built-in wine/drink fridge. LVP flooring throughout, dual-pane windows, brand new furnace, dual-zone A/C, new outlets and switches, recessed lighting with halo feature, custom closet systems in all bedrooms, and a wood-burning fireplace with custom tile and mantel. Bathrooms fully redesigned with imported tile, new vanities, custom shower glass, ceiling-mounted shower head in primary, Kohler and Delta plumbing, fixtures, new Kohler toilets, new water lines, valves, and ABS sewer line. Epoxy garage floors with built-in cabinetry throughout. Flagstone pavers, mature landscaping, new fencing, gates, sod, and irrigation. Near lagoon with coastal breezes, Carlsbad Village, & hiking trails. Located in the heart of Olde Carlsbad, Laguna Riviera is one of San Diego's most coveted pockets a quiet, established neighborhood of roughly 54 single-family homes with no HOA and no Mello-Roos. Sitting between El Camino Real and the Agua Hedionda Lagoon, residents enjoy coastal breezes, generous lot sizes, and a true sense of community that newer developments rarely offer. The neighborhood is anchored by Laguna Riviera City Park, a 2.1-acre green space featuring two lighted tennis courts, a full basketball court, horseshoe pits, picnic areas with BBQs, a children's play area, and restrooms essentially a private park at your doorstep. Kelly Elementary School, one of Carlsbad's top-rated schools, sits just steps away, making this a premier location for families within the acclaimed Carlsbad Unified School District. The Agua Hedionda Lagoon is just 0.4 miles away a hub for kayaking, paddleboarding, fishing, and scenic nature trails, all with the coastal breeze rolling in off the water. Carlsbad Village, with its walkable downtown, Michelin-recognized restaurants, craft breweries, boutiques, and local events, is roughly one mile west. Tamarack Beach is 2.2 miles away. Trader Joe's, Vons, and Costco near Palomar Airport cover everyday needs, and the freeway is easily accessible without navigating through congested corridors.