11585 Mccarthy Road, Carmel Valley, California 93924, Carmel Valley, 93924 - 4 bed, 3 bath
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Carmel Valley, California 93924
This Spacious Traditional Home represents a High-Potential Investment Opportunity, listed at $1,399,000—positioned well below the $1,447,902 Fair Market Value by 3%. This valuation gap offers $48,902 in Instant Equity. Featuring a 2.8-acre lot, vaulted open-beam ceilings, and canyon views, the home maintains a Condition Rating of 4. While the interior is move-in ready, modernization of the electric baseboard heating offers clear value-add potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private Carmel Valley retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11585 Mccarthy Road Subject | $1,399,000* List Price | 4 | 3 | 2,627 | $551 | - |
A 11521 Hidden Hills Road Sold | $1,110,000 | 4 | 3 | 1,800 | $617 | 0.3 mi |
B 11660 Mccarthy Road Sold | $1,120,000 | 3 | 2 | 1,645 | $681 | 0.2 mi |
C 25940 Colt Lane Active | $1,595,000 List Price | 4 | 3 | 3,597 | $443 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the home shows signs of mid-life renovations (granite counters, double-pane windows) that are now dated, likely falling in the 15-30 year range. While the interior was recently painted and is move-in ready, the oak cabinetry, bathroom finishes, and inefficient electric baseboard heating systems reflect a need for 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 exceptional privacy, professional landscaping, and a serene natural setting filled with mature oak trees.
The home features high vaulted open-beam ceilings and large windows that showcase incredible canyon and mountain views, capturing the quintessential Carmel Valley aesthetic.
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 reliance on electric baseboard heating can be less energy-efficient and more costly to operate compared to modern central forced-air systems.
The property lacks a central air conditioning system, relying solely on ceiling fans, which may be a drawback during the warmer summer months in Carmel Valley.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,627 | 2,414 | 53% |
| Lot Size | 123,745 | 54,885 | 76% |
| Price | $1.40M | $1.65M | 32% |
| Price per sq ft | $533 | $721 | 18% |
| Built year | 1965 | 1977 | 29% |
| HOA | $1100.0 | $0 | 82% |
| Days on market | 9 | 159 | 6% |
May 28, 2026
$1,399,000
Initial Listing
Jul 8, 2021
$1,100,000
Public Record