
Carmel Highlands, California 93923
Analysis of 124 Cypress, Carmel Highlands, California 93923 is currently available with a list price of $1,895,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Carmel Highlands Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Originally built in 1927, the property features a kitchen and interior finishes that appear to be 40-50 years old, characterized by vintage appliances and dated brickwork. Per the criteria, the age of the last renovation (>30 years) and the need for a comprehensive interior rehab to modernize systems and living spaces classify this as poor condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10083, living area = 1776.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated in the exclusive Carmel Highlands, this property offers a rare entry point into one of California's most coveted and scenic coastal communities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1776, other record living area = 984. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
As a century-old structure, the home likely requires substantial capital investment to modernize aging infrastructure, systems, and structural components.
The two-bedroom layout may be restrictive for families or buyers seeking modern versatility, potentially limiting the pool of interested parties at this price point.
Discover the beauty and tranquility of Carmel Highlands at 124 Cypress Way, a unique coastal property featuring two separate buildings surrounded by the natural beauty of Californias iconic Central Coast. The main residence offers inviting rustic character and a warm, relaxed atmosphere that complements its coastal setting. A newly built detached studio provides additional flexible spaceideal for a home office, creative retreat, guest space, or other uses. One of the propertys most captivating features is its breathtaking scenic ocean view, creating a remarkable backdrop for everyday living. Enjoy the peaceful surroundings and distinctive character that make Carmel Highlands such a sought-after coastal community. Located just minutes from Point Lobos State Natural Reserve, residents can enjoy spectacular hiking trails, dramatic coastal scenery, hidden coves, and some of the Monterey Peninsulas most celebrated natural landscapes. The property also offers convenient access to the charming shops, galleries, restaurants, and beaches of Carmel-by-the-Sea, while providing the privacy and serenity of Carmel Highlands. 124 Cypress Way presents a special opportunity to experience rustic coastal living, inspiring ocean views, and the natural beauty of the Carmel Highlands.
No exterior & parking available.
Grades K-5 • 2.8 mi
Grades 6-8 • 3.5 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
Aug 12, 2026
$1,895,000
Initial Listing