
Carmel, California 93923
This Spacious Gated Residence is a Strong Value Opportunity, listed at $1,995,000—positioned accurately at its $1,995,000 Fair Market Value. While currently in Fair Condition, the property features panoramic mountain views, four en-suite bedrooms, and exclusive access to Carmel Valley Ranch amenities. Located within the elite Carmel Unified School District, which includes the 9/10 rated Carmel High School, this home offers a stable entry into a high-demand market. It represents an ideal acquisition for Owner-Occupants seeking lifestyle upgrades or Value-Add Buyers looking to capture equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10511 Fairway Court Subject | $1,995,000* List Price | 4 | 5 | 2,831 | $705 | - |
A 10467 Fairway Lane Sold | $2,450,000 | 3 | 3 | 2,715 | $902 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this 28-year-old property is well-maintained but remains largely in its original state. While functional and move-in ready, the kitchen's oak cabinetry and the bathrooms' white tile countertops and brass fixtures are dated, meeting the criteria for 'Fair' condition due to age and the need for cosmetic updates.
High School: Carmel High School (9/10).
Situated at the summit of a quiet cul-de-sac in the prestigious gated Carmel Valley Ranch, the home offers exceptional mountain and valley views.
Each of the four spacious bedrooms features its own private bathroom, providing a high level of privacy and convenience for residents and guests.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has undergone multiple price reductions from an initial $2.25M to $1.995M, which may indicate previous overpricing or extended days on market.
With a lot size of just 4,382 square feet for a nearly 3,000 square foot home, the property offers minimal private yard space compared to other detached residences.
Welcome to this elegant 4-bedroom, 4.5-bath residence spanning 2,831 s/f, offering the perfect blend of comfort and sophistication. Perched near the summit of a quiet cul-de-sac within the secure gated community of Carmel Valley Ranch, this home boasts breathtaking views of majestic mountains and serene valleys, creating an idyllic backdrop for everyday living. Each bedroom features its own private bathroom, ensuring convenience and privacy for family and guests. The spacious open floor plan includes a bright, airy living area and a well-appointed kitchen designed for both entertaining and relaxation. Additional highlights include a 2-car garage and abundant storage throughout. Enjoy exclusive community amenities such as a professionally maintained golf course, sparkling pool, and a welcoming clubhouse. Ideally located just minutes from the Monterey Peninsula, world-class golf courses, shopping, and fine dining, this property offers the ultimate California lifestyle.
No exterior & parking available.
Grades K-5 • 3.7 mi
Grades 6-8 • 6.1 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 5.0 | 3.0 | 86% |
| Square foot | 2,831 | 2,327 | 72% |
| Lot Size | 4,382 | 10,533.5 | 14% |
| Price | $2.00M | $2.85M | 30% |
| Price per sq ft | $705 | $1.1K | 6% |
| Built year | 1997 | 1972 | 78% |
| HOA | $515.0 | $0 | 92% |
| Days on market | 141 | 187 | 26% |
Apr 21, 2026
$1,995,000
$2,175,000
-8% Price Drop
Initial Listing
Mar 9, 2026
$2,175,000
Initial Listing
Dec 2, 2025
$2,250,000
Initial Listing
Mar 2, 2020
$1,350,000
Public Record
Jan 11, 2000
$860,000
Public Record
Jul 8, 1997
$538,000
Public Record