
Carmel Valley, California 93924
This Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $1,349,000—positioned exactly at its $1,349,000 Fair Market Value. Featuring a Condition Rating of 4, the home offers a spacious 2,627 sq ft layout with Granite Kitchen finishes and vaulted ceilings. While the electric baseboard heating suggests a need for modernization, the expansive 2.8-acre lot provides incredible canyon and mountain views. This property is an ideal acquisition for Owner-Occupants seeking a private sanctuary or Value-Add Investors looking to modernize a well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11585 Mccarthy Road Subject 4 bd · 3 ba · 2,627 sqft · $494 | $1,299,000* List Price | 4 | 3 | 2,627 | $494 | - |
A 11521 Hidden Hills Road Sold 4 bd · 3 ba · 1,800 sqft · $617 · 0.3 mi | $1,110,000 | 4 | 3 | 1,800 | $617 | 0.3 mi |
B 25955 Colt Lane Active 4 bd · 4 ba · 2,342 sqft · $640 · 0.9 mi | $1,500,000 List Price | 4 | 4 | 2,342 | $640 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this home is well-maintained but dated. While the kitchen features granite countertops and the interior has been recently painted, the bathrooms show 15-30 year old renovations, and the electric baseboard heating is an older, less efficient system. The property is functional and move-in ready but requires cosmetic updates and system modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 123745, living area = 2627.
Situated on a generous 2.8-acre lot, the property offers incredible canyon and mountain views with professional landscaping and mature oak trees, providing exceptional privacy and outdoor utility.
The interior features high vaulted ceilings with open beams, a wet bar, and dual wood-burning fireplaces—including a rare fireplace in the primary bedroom—adding significant charm and aesthetic appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2627, other record living area = 2132. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The home utilizes baseboard electric heating rather than a modern central forced-air system, which can be less energy-efficient and result in higher utility costs for a property of this size.
With 73 days on the market and a recent price reduction from the original list price, the property may be facing challenges with buyer perception or initial overpricing in the current market.
Located in Carmel Valley, this 4-bedroom, 3-bath home offers 2,627 sq ft of living space and a lot size of 2.8 acres with hardwood, tile, and other flooring throughout. The kitchen features granite countertops, an electric oven range, refrigerator, microwave, dishwasher, garbage disposal, ice maker, and exhaust fan, providing ample functionality. The separate family room and formal dining room provide versatile living and entertaining areas. Enjoy cozy wood-burning fireplaces with insert in the family room and wood burning in the primary bedroom. Additional amenities include high, vaulted, and open beam ceilings, as well as a wet bar. Laundry is conveniently located in the utility room with 110V and 220V electric hookups for washer and dryer. The home is equipped with ceiling fans for cooling, baseboard electric heating with individual room controls, double pane windows, and low flow toilets. The property is within the Washington Union Elementary School District. The views are incredible and the property offers lots of outdoor options. Interior just painted. The home has many unique characteristics and the yard is well landscaped with lots of plants along with oak trees throughout!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,627 | 2,207.75 |
| Lot Size | 123,745 | 120,305.85 |
| Price | $1.30M | $1.70M |
| Price per sq ft | $494 | $792 |
| Built year | 1965 | 1983 |
| HOA | $1100.0 | $1.4K |
| Days on market | 149 | 79 |
Sep 10, 2026
$1,299,000
$1,349,000
-4% Price Drop
Initial Listing
Aug 9, 2026
$1,349,000
$1,399,000
-4% Price Drop
Initial Listing
May 28, 2026
$1,399,000
Initial Listing
Jul 8, 2021
$1,100,000
Public Record