
Carmel Valley, California 93924
This Mid-Century Single Family Residence represents a Strong Value Opportunity, listed at $1,449,000—positioned well below the $1,494,900 Fair Market Value by 3%. This valuation gap offers $45,900 in Instant Equity. Featuring a Condition Rating of 4, the home offers authentic architectural character, a brand-new 2026 septic system, and a large 10,600+ sqft lot with mountain views. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to personalize a classic home in the Carmel Unified School District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12 Merrill Way Subject | $1,395,000* List Price | 3 | 2 | 1,772 | $818 | - |
A 79 Paso Hondo Sold | $1,150,000 | 3 | 2 | 1,205 | $954 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957 and on the market for the first time in 45 years, the property is well-maintained but significantly dated. While the septic system is brand new (2026) and the home features classic mid-century architectural details like tongue-and-groove ceilings, the kitchen and bathrooms are over 20 years old with older appliances and original tile work, requiring modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10646, living area = 1772.
Situated on a private cul-de-sac just blocks from Carmel Valley Village’s renowned wineries, restaurants, and top-rated schools, offering an ideal walkable lifestyle in a highly desired neighborhood.
The home features classic 1957 architectural elements including beamed tongue-and-groove ceilings, oak hardwood floors, and a functional single-level floor plan that remains highly sought after by modern buyers.
Being on the market for the first time in 45 years, the property likely requires cosmetic updates and modern refreshments to meet the expectations of today's luxury buyers.
At 1,772 square feet, the interior living space may feel restrictive for those seeking the expansive open-concept layouts or larger primary suites found in newer residential constructions.
First time on the market in over 45 years! This 3Bed + Den (or optional 4th bedroom), 2Bath Mid-Century single level home in the highly desired Carmel Valley Village is located just blocks from coffee shops, restaurants, wineries, schools and parks! Built in 1957 with +/- 1,772 square feet of living space on a large and private 10,600+ square foot cul-de-sac parcel, the home offers lots of space for the gardening enthusiast or for entertaining. A brick courtyard patio greets visitors leading up to the front door, which opens to a light-filled living room with oak hardwood floors, beamed tongue and groove ceilings and gas fireplace insert. The kitchen is open to the dining area, which overlooks the front courtyard with large picture windows. Three nicely sized bedrooms and two full bathrooms are located down the hall, while a separate den/office/family room with a freestanding stove offers a serene place to capture surrounding mountain views. In the backyard, a west-facing flagstone patio is the ideal spot for BBQs and sunset views. Other features include an attached 2-car garage, Adobe perimeter walls, separate storage shed and various mature fruit trees including apple, orange, persimmon, and Italian plum. With a brand new septic tank and system (2026), this home is now ready for its next owner looking to take in the tranquil and charming setting of Carmel Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,772 | 2,320.5 | 32% |
| Lot Size | 10,646 | 52,925 | 12% |
| Price | $1.40M | $1.65M | 32% |
| Price per sq ft | $787 | $721 | 59% |
| Built year | 1957 | 1977 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 159 | 9% |
May 28, 2026
$1,395,000
$1,449,000
-4% Price Drop
Initial Listing
May 13, 2026
$1,449,000
Initial Listing