
Carmel Valley, California 93924
This Mid-Century Single Family Residence presents a High-Potential Investment Opportunity, listed at a List Price of $1,249,000, which aligns with the $1,249,000 Fair Market Value. While the home maintains a Condition Rating of 4, its vintage interior offers a clear path for modernization to capture significant upside. The expansive 0.81-acre lot, featuring a bocce ball court and panoramic Santa Lucia Mountain views, provides a rare lifestyle asset. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to renovate a well-positioned Carmel Valley home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 134 Laurel Drive Subject 3 bd · 3 ba · 2,333 sqft · $535 | $1,249,000* List Price | 3 | 3 | 2,333 | $535 | - |
A 18 Middle Canyon Way B Active 4 bd · 3 ba · 2,252 sqft · $576 · 1.0 mi | $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, the property features a kitchen and bathrooms that appear to be from a 20-30 year old renovation, characterized by dated tile countertops, older cabinetry, and aged appliances. While the hardwood floors are well-maintained and the home is functional, the interior finishes are significantly dated and require modernization to meet current market 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 Mid-Century design features floor-to-ceiling windows and expansive decking that capture sweeping, south-facing views of the Santa Lucia Mountains, significantly enhancing the home's aesthetic appeal.
Situated on a large 0.81-acre lot, the property offers a rare blend of privacy and recreational space, including a bocce ball court and peaceful grounds ideal for entertaining.
With 124 days on the market and two significant price reductions from the original list price, the property may face a perception of being difficult to sell or initially overpriced.
Built in 1963, the property may require modern updates to its core systems or interior finishes to meet the expectations of contemporary luxury buyers in this price point.
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 | 3.1 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,333 | 2,207.75 |
| Lot Size | 35,284 | 120,305.85 |
| Price | $1.25M | $1.70M |
| Price per sq ft | $535 | $792 |
| Built year | 1963 | 1983 |
| HOA | $0 | $1.4K |
| Days on market | 164 | 79 |
Oct 20, 2026
$1,249,000
$1,297,000
-4% Price Drop
Initial Listing
Jul 15, 2026
$1,297,000
$1,385,000
-6% Price Drop
Initial Listing
May 13, 2026
$1,385,000
Initial Listing