LOWEST PRICE/SF OPPORTUNITY IN THE RANCH AT CARLSBAD -- A Rare Single-Level Hacienda Estate with Detached Guest House, Sweeping Views, and Exceptional Multigenerational Flexibility. Privately positioned on a serene .59-acre hilltop cul-de-sac, 7992 Paseo Esmerado blends timeless California architecture with expansive indoor-outdoor living and one of the most versatile floorplans in the community. Offering approximately 4,750 SF in the main residence plus a 1,400 SF detached guest house, this custom estate captures breathtaking southwest canyon and city-light views while delivering privacy, scale, and lifestyle rarely found in this coveted Carlsbad enclave. Originally a Ranch Plan 2 and thoughtfully expanded, the home lives primarily as a single-story residence with en-suite bedrooms throughout, soaring ceilings, multiple fireplaces, and twelve sets of French doors that flood the interiors with natural light and open seamlessly to the outdoors. Designed for entertaining and everyday comfort, the property features a custom 1,000-bottle temperature-controlled wine cellar and tasting room, expansive living and dining spaces, and a massive bonus/game room with full bar, SubZero refrigeration, beer taps, and separate entry -- offering potential as an additional private living space, executive retreat, or entertainment pavilion. Outdoor living unfolds across a spectacular resort-style setting with a 40-foot pool and spa, outdoor kitchen, covered lounging areas, and private entertaining deck positioned for sunset views. Mature landscaping and thoughtful placement of the home create a secluded backyard oasis rarely achieved in the neighborhood. A four-car garage, multiple climate zones, and extensive upgrades throughout further enhance comfort and functionality. Located within The Ranch at Carlsbad, residents enjoy a lifestyle defined by rolling hills, scenic walking trails, and proximity to award-winning schools including Olivenhain Pioneer Elementary, Diegueno Middle School, and La Costa Canyon High School. Just minutes from world-class golf and resort amenities at Omni La Costa, coastal beaches, Carlsbad Village dining, and premier shopping, this property offers the ideal balance of privacy and convenience in one of North County's most desirable communities.