
San Diego, California 92130
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $612,500—positioned well below the $629,252 Fair Market Value by 2%. This valuation gap offers $16,752 in Instant Equity. Featuring a Good Condition Rating, the unit includes an updated kitchen, new carpet, and serene pond views. Located in a top-tier school district with access to resort-style amenities, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a tranquil, move-in ready lifestyle in Carmel Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12253 Carmel Vista Rd. 186 Subject | $612,500* List Price | 1 | 1 | 791 | $796 | - |
A 12253 Carmel Vista Road 285 Sold | $660,000 | 1 | 1 | 951 | $694 | 0.0 mi |
B 12237 Carmel Vista Road 161 Sold | $630,000 | 1 | 1 | 791 | $796 | 0.1 mi |
C 12510 Carmel Creek Rd 185 Sold | $599,000 | 1 | 1 | 638 | $939 | 0.4 mi |
D 12570 Carmel Creek 89 Sold | $599,000 | 1 | 1 | 638 | $939 | 0.4 mi |
E 3504 Caminito El Rincon 2 2 Sold | $750,000 | 2 | 2 | 944 | $794 | 0.2 mi |
F 12695 Camino Mira Del Mar Sold | $670,000 | 2 | 2 | 864 | $775 | 0.4 mi |
G 3835 Elijah Ct 533 Sold | $575,000 | 1 | 1 | 704 | $817 | 0.4 mi |
H 3575 Caminito El Rincon 219 Sold | $775,000 | 2 | 2 | 944 | $821 | 0.2 mi |
I 4049 Carmel View Rd 75 Active | $599,900 List Price | 1 | 1 | 742 | $808 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1985, the property is well-maintained and move-in ready with a recently updated kitchen featuring newer cabinetry and stainless steel appliances. The addition of fresh paint and new carpeting throughout aligns with the 5-15 year renovation criteria for a 'Good' rating.
Elementary School: Carmel Del Mar Elementary School (9/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
Situated in the heart of Carmel Valley, the property offers walking distance to top-rated schools (ratings 9-10) and premier shopping at One Paseo and Del Mar Highlands.
The unit features rare, peaceful water views from every room within a community boasting five lakes, tennis courts, and a pool, providing a tranquil living environment.
The monthly association fee of $599 is a significant recurring expense that may affect the overall affordability and debt-to-income ratio for prospective buyers.
With only one bedroom and 791 square feet of living space, the property's appeal is restricted to individuals or couples, limiting the potential buyer pool.
Welcome to The Lakes, a desirable resort-inspired community in the heart of Carmel Valley! This bright, single-level condo offers peaceful water views from every room and a grassy area in front of the unit, creating a serene setting from the moment you arrive. The entry-level location provides easy, stair-free living, while the spacious outdoor patio offers a wonderful spot to relax and enjoy views of the beautifully landscaped grounds and water features. The updated kitchen features newer cabinetry with soft-close drawers, complemented by fresh paint and new carpet throughout. The generously sized bedroom includes two cedar-lined closets, providing excellent storage, while an additional closet near the front door adds even more convenience. In-unit laundry and an assigned covered parking space (#186) with extra storage further enhance everyday living. The community also offers abundant guest parking and electric vehicle charging stations.The Lakes features five scenic lakes connected by streams, beautiful landscaping, lily ponds, walking paths, two tennis courts, a sparkling pool, spa, and dog area. Ideally situated just blocks from Carmel Valley schools from elementary through high school, with One Paseo and Del Mar Highlands Town Center nearby for shopping, dining, and entertainment. Enjoy easy access to Del Mar beaches, Torrey Pines State Reserve, and major tech and employment centers. This exceptional condo combines comfort, convenience, and a tranquil resort-style setting in one of Carmel Valley's most desirable communities.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.6 mi
Grades 7-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 791 | 1,002.307 |
| Lot Size | - | 75,574.68 |
| Price | $612.5K | $596.0K |
| Price per sq ft | $774 | $612 |
| Built year | 1985 | 1985 |
| HOA | $599.0 | $529 |
| Days on market | 7 | 55 |
Sep 2, 2026
$612,500
Initial Listing