10511 Fairway Court, Carmel, California 93923, Carmel, 93923 - 4 bed, 5 bath
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10511 Fairway Court
Carmel, California 93923
ACTIVE
CONDITION: FAIR
4Beds
5Baths
2,831Sq Ft
4,382Lot Size
Property Price
LIST PRICE$1,945,000
EST. MARKET VALUE
$1,945,000
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, currently listed at $1,945,000, which aligns with its Fair Market Value. While the home maintains a Fair Condition Rating due to original 1997 finishes, it offers significant upside through cosmetic modernization. Residents enjoy a resort-inspired lifestyle within the guard-gated Carmel Valley Ranch, featuring Panoramic Mountain and Valley Views, a private deck, and access to Top-Rated Schools like Carmel High (9/10). This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a prestigious, customizable sanctuary.
Estimated Market Value
$1,945,000
Based on Realkey algorithm analyzing recent comparable sales in Carmel.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10511 Fairway Court Subject | $1,945,000* List Price | 4 | 5 | 2,831 | $687 | - |
A 10172 Oakwood Circle Active | $2,395,000 List Price | 3 | 4 | 3,428 | $699 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1997 (28 years old) with mostly original interior finishes. While the home is well-maintained and move-in ready, the bathrooms feature dated white square tile countertops and basic cabinetry typical of the late 90s. Per the criteria for properties over 20 years old with dated elements requiring updates, it rates as Fair.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Carmel High School (9/10).
- Exclusive Community & Location
Situated at the summit of a quiet cul-de-sac within the prestigious, guard-gated Carmel Valley Ranch, offering both high-end security and a resort-inspired lifestyle.
- Scenic Mountain Views
The property captures sweeping, elevated views of the mountains and valley, providing a serene and picturesque backdrop that enhances the indoor-outdoor living experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Extended Market Time
With 245 days on the market and multiple price reductions from the original $2.25M listing, the property has faced significant challenges in gaining buyer traction.
- Limited Lot Size
The 4,382 sqft lot is relatively compact for a 2,831 sqft residence, which may deter buyers looking for expansive private yard space or significant outdoor acreage.
About 10511 Fairway Court
Welcome to your private Carmel Valley escape just a short drive from Silicon Valley, yet worlds away in feel. Perched on the summit of a quiet cul-de-sac within the exclusive, guard-gated community of Carmel Valley Ranch, this residence captures sweeping mountain and valley views that shift beautifully from sunlit mornings to golden-hour evenings. Here, life slows down but every detail is designed for elevated living. Thoughtfully designed for both relaxation and hosting, the home offers 4 spacious ensuite bedrooms, providing comfort and privacy for family and guests alike. The open-concept living spaces are filled with natural light, anchored by refined finishes and seamless indoor-outdoor flow ideal for gathering after a day on the course or exploring the coast. Step outside and take in the serenity: rolling hills, expansive skies, and the quiet luxury of a true retreat environment. Whether enjoying coffee on the patio or a glass of wine at sunset, the setting delivers a daily sense of escape. As part of Carmel Valley Ranch, residents have access to a resort-inspired lifestyle including golf, tennis, fitness, trails, and dining creating a rare blend of recreation and convenience within a secure, beautifully maintained community. (Membership amenities available separately.)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 4,382 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $515.0 / Month
Neighborhood Insights
Carmel Unified Schools
Tularcitos Elementary School
Grades K-5 • 3.7 mi
7/10
Carmel Middle School
Grades 6-8 • 6.1 mi
8/10
Carmel Valley High School
Grades 9-12 • 2.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.8 |
| Square foot | 2,831 | 2,079.133 |
| Lot Size | 4,382 | 12,775.833 |
| Price | $1.95M | $3.23M |
| Price per sq ft | $687 | $1.5K |
| Built year | 1997 | 1976 |
| HOA | $515.0 | $3.0K |
| Days on market | 281 | 74 |
Pricing History
Listed for Sale
Aug 4, 2026
$1,945,000
$1,995,000
-3% Price Drop
Initial Listing
Price Change
Apr 21, 2026
$1,995,000
$2,175,000
-8% Price Drop
Initial Listing
Price Change
Mar 9, 2026
$2,175,000
Initial Listing
Price Change
Dec 2, 2025
$2,250,000
Initial Listing
Sold
Mar 2, 2020
$1,350,000
Public Record
Sold
Jan 11, 2000
$860,000
Public Record
Sold
Jul 8, 1997
$538,000
Public Record