
Carmel, California 93921
Analysis of 0 Crespi 2 Ne Of Flanders Way, Carmel, California 93921 is currently available with a list price of $4,195,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Carmel Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
This 1945 Carmel compound is in well-maintained, move-in ready condition. While the kitchen and bathrooms retain a vintage aesthetic—including a classic antique-style stove and original redwood interiors—the property shows minimal wear and tear. The hardwood floors, masonry, and exterior structures appear to be in excellent functional shape, reflecting consistent upkeep rather than deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25856, living area = 3336.
The property features three distinct living structures—a main house, a cottage, and a barn—offering a rare 7-bedroom configuration ideal for extended family, guest hosting, or potential rental income.
Spanning nearly 26,000 SqFt, the oversized lot includes a private bridge with direct access to the 34-acre Mission Trail Park, providing a unique 'summer-camp' atmosphere and unparalleled privacy.
Given the 1945 construction and long-term family ownership, the property may require significant capital investment to update systems and finishes to meet modern luxury standards.
The total 4,879 SqFt is divided among three separate buildings, which may be a drawback for buyers seeking a single, large-scale cohesive floor plan under one roof.
Galewood is a charming compound that carries the quiet luxury of a Carmel property held in one family for more than 50 years. Timelessly crafted, the main house offers 5 bedrooms and 4.5 baths across 3,336 SqFt, with 4 fireplaces, hardwood floors, brick tile accents, and warm redwood interiors. Tucked into its own corner of the grounds is a quaint, 878 SqFt cottage with 1 bedroom and 1 bathroom. The Barn, crafted by Daniels and House, features 665 SqFt of living space with 1 bedroom and 1 bathroom, along with a 4-car garage. Behind the Barn is a bridge connecting directly into Mission Trail Park, a 34-acre preserve with winding trails. Outdoor amenities include a dual-sport court, large deck overlooking the forest, tiered entertaining areas, lighted pathways, and lush gardens. Together, these pieces form an elevated Carmel compound with 4,879 SqFt of total living space across nearly 26,000 SqFt of land, providing an unplugged, summer-camp-like sense of escape. With its rare scale and history, the property supports multigenerational living, a generational family retreat, investment options, or a timeless legacy estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 95% |
| Baths | 7.0 | 2.0 | 95% |
| Square foot | 3,336 | 1,615.5 | 95% |
| Lot Size | 25,856 | 4,000 | 95% |
| Price | $4.20M | $3.50M | 55% |
| Price per sq ft | $1.3K | $2.2K | 23% |
| Built year | 1945 | 1963 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 184 | 41% |
Apr 5, 2026
$4,195,000
$4,500,000
-7% Price Drop
Initial Listing
Dec 11, 2025
$4,500,000
Initial Listing