124 Del Mesa Carmel, Carmel Valley, California 93923, Carmel Valley, 93923 - 1 bed, 1 bath
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Carmel Valley, California 93923
This Condominium represents a Strong Value Opportunity, listed at $675,000—positioned well below the $738,728 Fair Market Value by 8%. This valuation gap offers $63,728 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers a serene lifestyle with Park/Greenbelt views and access to premium community amenities. Located within the Carmel Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 Del Mesa Carmel Subject | $675,000* List Price | 1 | 1 | 1,000 | $739 | - |
A 212 Del Mesa Carmel Sold | $620,000 | 1 | 1 | 1,000 | $620 | 0.1 mi |
B 171 Hacienda Carmel Sold | $800,000 | 2 | 2 | 966 | $828 | 0.6 mi |
C 80 Hacienda Carmel Sold | $795,000 | 2 | 2 | 910 | $874 | 0.5 mi |
D 209 Hacienda Carmel Sold | $875,000 | 2 | 2 | 1,100 | $795 | 0.7 mi |
E 81 Del Mesa Carmel Active Under Contract | $675,000 List Price | 1 | 1 | 1,000 | $675 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1968, the unit appears well-maintained with updated flooring and a clean, move-in ready interior. It shows signs of a mid-term renovation (likely 5-15 years ago) based on the floor finishes and lighting, though some dated elements like popcorn ceilings and louvered closet doors remain.
High School: Carmel High School (9/10).
Located in the highly sought-after Del Mesa Carmel community, residents benefit from a luxury lifestyle including a clubhouse, indoor pool, on-site dining at Woodys Restaurant, and 24-hour security.
The property features tranquil views of majestic oak and redwood trees, offering a peaceful park-like atmosphere that epitomizes the coastal California retreat experience.
The monthly HOA fee of $1,637 is substantial, which significantly increases the ongoing cost of ownership and may limit the pool of qualified buyers.
With only one bedroom and one bathroom in a structure built in 1968, the property offers limited flexibility for guests or home office needs compared to larger units.
Imagine waking up to filtered sunlight through magnificent oak trees and the Monterey Peninsula stretching out in rolling hills beyond. That's everyday life at Del Mesa Carmel! Sip your morning coffee under the towering, moss laden redwood trees. Spend days enjoying the world-class beaches & golf courses, celebrated galleries, and renowned dining - just minutes from your door. As part of the prestigious Del Mesa community, you'll enjoy access to lush, beautifully maintained grounds, a welcoming clubhouse & indoor pool, along with Woodys restaurant & Lounge and a vibrant, secure community designed for easy, low-maintenance living. Whether you're seeking a tranquil full-time home or a part-time getaway, this property delivers a rare blend of tranquility and convenience. It is your front-row seat to coastal California at its finest! This rare property balances natural beauty, smart value, and an unmatched lifestyle. Homes like this don't wait. Schedule your private tour today and step into the life you deserve.
No exterior & parking available.
Grades K-5 • 8.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,000 | - |
| Lot Size | 1,002 | - |
| Price | $675.0K | $850.0K |
| Price per sq ft | $675 | $574 |
| Built year | 1968 | 0 |
| HOA | $1637.0 | $0 |
| Days on market | 27 | 173 |
Jun 25, 2026
$675,000
Initial Listing
Aug 4, 2023
$600,000
Public Record
May 5, 2011
$230,000
Public Record
Jul 21, 2000
$230,000
Public Record
Jun 27, 1997
$167,500
Public Record