
San Diego, California 92130
This Turnkey Carmel Valley Condominium is a Prime Investment Opportunity listed at $869,000—positioned well below the $897,106 Fair Market Value by 3%. This valuation gap offers $28,106 in Instant Equity for the incoming buyer. Recently refreshed, the home maintains a Good Condition Rating with stainless appliances and updated flooring. Residents enjoy resort-style amenities including a pool and spa, while benefiting from Top-Rated Schools like Carmel Valley Middle (10/10) and Torrey Pines High (9/10). This is a strategic choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12372 Carmel Country Road 206 Subject | $869,000* List Price | 2 | 2 | 1,131 | $793 | - |
A 12604 Carmel Country Road 17 Sold | $905,000 | 2 | 3 | 1,088 | $832 | 0.2 mi |
B 3857 Pell Place 406 Sold | $835,000 | 2 | 2 | 1,052 | $794 | 0.3 mi |
C 3877 Pell Pl Unit 118 Sold | $838,000 | 2 | 2 | 1,020 | $822 | 0.2 mi |
D 3686 Ruette De Ville Sold | $1,040,000 | 2 | 3 | 1,236 | $841 | 0.6 mi |
E 3887 Pell Place 229 Sold | $650,000 | 1 | 1 | 748 | $869 | 0.2 mi |
F 12620 Carmel Country Rd 74 Sold | $915,000 | 2 | 3 | 1,191 | $768 | 0.2 mi |
G 12376 Carmel Country Rd 107 Active | $839,000 List Price | 2 | 2 | 1,145 | $733 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready, turnkey condition following a recent cosmetic refresh. It features brand-new stainless steel appliances, updated flooring, fresh paint, and modern lighting fixtures. While the 2003 build date is slightly over the 20-year mark, the recent updates to the interior components and the well-maintained resort-style community amenities align with the 'Good' classification.
Elementary School: Carmel Del Mar Elementary School (9/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
The residence is in move-in-ready condition, featuring comprehensive updates including new flooring, fresh paint, modern hardware, and brand-new stainless steel appliances.
The property is ideally located within the boundaries of top-tier, award-winning schools such as Carmel Valley Middle and Torrey Pines High, providing significant long-term value.
The association fee of $480.35 per month is a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
As a condominium unit within a large complex, the property offers less privacy and potential for noise transfer compared to detached single-family homes in the area.
This property is a textbook example of what a renovated and ideally positioned residence within the sought-after gated community of The Heights in Carmel Valley should be! Thoughtfully refreshed throughout, the home features new paint, updated flooring, modern hardware, brand new stainless steel appliances, and a new smart thermostat. An abundance of natural light fills the interior, complemented by a thorough lighting upgrade that enhances the bright and inviting atmosphere. You will enjoy resort-style amenities including a pool, spa, fitness center, clubhouse, two assigned parking spaces, and HOA-covered water and trash! Perfectly located just minutes from premier shopping, dining, and award-winning schools, this home has it all. Don’t miss the chance to see what it’s like living in one of Carmel Valley’s most desirable neighborhoods for under $900,000!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 0.1 mi
Grades 7-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,131 | 964 | 67% |
| Lot Size | - | 38,332.801 | 42% |
| Price | $869.0K | $835.0K | 58% |
| Price per sq ft | $768 | $796 | 33% |
| Built year | 2003 | 1993 | 76% |
| HOA | $480.35 | $439 | 64% |
| Days on market | 56 | 160 | 21% |
Mar 15, 2026
$869,000
$899,000
-3% Price Drop
Initial Listing
Feb 25, 2026
$899,000
Initial Listing
Aug 21, 2019
$600,000
Public Record
Dec 15, 2005
$447,500
Public Record