
Carmel Valley, California 93924
This Mid-Century Single Family Residence represents a Strong Value Opportunity, listed at $1,297,000—positioned well below the $1,297,000 Fair Market Value. While the home maintains a Condition Rating of 4, its expansive 0.81-acre lot and panoramic Santa Lucia Mountain views provide a rare foundation for value-add modernization. Located within the prestigious Carmel Unified School District, the property offers significant potential for buyers to modernize dated interiors while securing a prime location. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 134 Laurel Drive Subject | $1,297,000* List Price | 3 | 3 | 2,333 | $556 | - |
A 5 Boronda Road Sold | $1,650,000 | 3 | 4 | 2,876 | $574 | 0.8 mi |
B 18 Middle Canyon Way B Active | $1,298,000 List Price | 4 | 3 | 2,252 | $576 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this home is well-maintained but significantly dated. The kitchen and bathrooms feature tile countertops, older cabinetry, and fixtures that appear to be over 20 years old, requiring cosmetic and functional updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35284, living area = 2333.
The home features floor-to-ceiling windows and south-facing decks that capture sweeping, unobstructed views of the Santa Lucia Mountains, maximizing the natural beauty of Carmel Valley.
Situated on a generous 0.81-acre lot, the property offers exceptional privacy and outdoor lifestyle amenities, including a bocce ball court and large entertaining spaces.
With 124 days on the market and a recent price reduction, the property has struggled to find a buyer at its initial valuation, suggesting potential market resistance.
Built in 1963, the home may require significant capital investment to modernize core systems or interior finishes to meet the expectations of contemporary luxury buyers.
Set in sun-drenched Carmel Valley on a .81 acre lot, this Mid-Century style home captures sweeping south-facing views of the Santa Lucia Mountains. Floor-to-ceiling windows in the living room showcase panoramic views and extend the living space onto a large deck, perfectly positioned to take in the scenery. The 3-bedroom + office layout offers flexibility and comfort, with the primary suite on the main level featuring dual sinks, a walk-in closet, and a private deck off the bath. Upstairs, a light-filled family room takes in the views, while two bedrooms and a full bath provide additional living space. Warm hardwood floors and a welcoming fireplace anchor the main living spaces, while the expansive grounds invite relaxation and entertaining with a bocce ball court and peaceful surroundings. Located just minutes from Carmel Valley Village, this home blends privacy and proximity to the area's renowned restaurants, shops, wineries, and natural beauty.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 3.0 | 2.6 |
| Square foot | 2,333 | 2,067 |
| Lot Size | 35,284 | 137,901.8 |
| Price | $1.30M | $1.79M |
| Price per sq ft | $556 | $853 |
| Built year | 1963 | 1981 |
| HOA | $0 | $846 |
| Days on market | 119 | 61 |
Jul 15, 2026
$1,297,000
$1,385,000
-6% Price Drop
Initial Listing
May 13, 2026
$1,385,000
Initial Listing