
Carmel, California 93923
Analysis of 104 Yankee Point Drive, Carmel, California 93923 is currently available with a list price of $12,500,000. 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.
The property was extensively reimagined in 2007, placing it within the 10-20 year age range specified for a 'good' condition rating. The residence features high-end architectural details such as local sandstone, cedar siding, and copper detailing, and remains move-in ready with well-maintained systems. While the craftsmanship is exceptional and the design is sustainable, the kitchen and bathrooms reflect the high-quality standards of its 2007 renovation rather than the 'excellent' criteria which requires a build within 10 years or a renovation within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 3108.
Situated in the exclusive Yankee Point enclave, this residence offers rare, unobstructed Pacific Ocean views from nearly every room, providing a quintessential Carmel coastal experience.
Reimagined by Tobin Dougherty Architects, the home features high-end sustainable materials like local sandstone and copper, blending site-sensitive design with modern energy efficiency.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =21780, other record lot size in square feet = 21694.
The direct oceanfront exposure and use of premium natural materials like cedar and copper require rigorous and costly ongoing maintenance to combat salt air corrosion.
At a $12.5 million price point for a three-bedroom residence, the property targets a very specific ultra-luxury buyer pool, which may result in a longer time on the market.
Set along one of California's most breathtaking coastlines, this oceanfront residence is a masterful blend of site-sensitive architecture, sustainable design, and sweeping Pacific views. Completely reimagined in 2007 by Tobin Dougherty Architects, the 3-bedroom plus den, 4-bath home draws the ocean into nearly every room through expansive windows and open, light-filled living spaces. Exquisite craftsmanship is showcased in local sandstone, cedar siding, copper detailing, and a standing-seam metal roof. Designed for effortless living, the layout places all primary living spaces on the main floor, complemented by a seamless indoor-outdoor flow ideal for both entertaining and quiet reflection. Energy efficient designs ensure year-round comfort. Set on a half-acre in the coveted Yankee Point enclave, this serene retreat offers privacy, poetic views, and refined coastal living just minutes from Carmel-by-the-Sea.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 74% |
| Square foot | 3,108 | 2,327 | 82% |
| Lot Size | 21,780 | 10,840 | 64% |
| Price | $12.50M | $2.94M | 96% |
| Price per sq ft | $4.0K | $1.2K | 98% |
| Built year | 2007 | 1972 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 187 | 16% |
Feb 4, 2026
$12,500,000
Initial Listing
Jul 28, 2004
$3,050,000
Public Record
Mar 8, 2002
$3,535,000
Public Record