134 Laurel Drive, Carmel Valley, California 93924, Carmel Valley, 93924 - 3 bed, 3 bath
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Carmel Valley, California 93924
This Mid-Century Single Family Residence is a Strong Value Opportunity, listed at $1,385,000—positioned well below the $1,409,396 Fair Market Value by 1.7%. This valuation gap offers $24,396 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant potential for cosmetic modernization. With panoramic mountain views, a 0.81-acre lot, and a location in the Carmel Unified School District, it balances lifestyle appeal with long-term growth. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 134 Laurel Drive Subject | $1,385,000* List Price | 3 | 3 | 2,333 | $604 | - |
A 5 Boronda Road Sold | $1,650,000 | 3 | 4 | 2,876 | $574 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this Mid-Century home is well-maintained but remains largely dated. The kitchen features older tile countertops and cabinetry, and the interior finishes—including closet doors and window frames—appear to be over 20-30 years old. While move-in ready, it requires cosmetic updates and modernization of key systems to meet current 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 views of the Santa Lucia Mountains, creating a seamless indoor-outdoor living experience that maximizes the natural beauty of Carmel Valley.
Situated on a generous 0.81-acre lot, the property offers significant privacy and outdoor amenities, including a bocce ball court and large decks, ideal for entertaining and relaxation.
Built in 1963, the property may require modern updates to its core systems, insulation, or energy efficiency to meet contemporary standards and buyer expectations.
With living spaces and bedrooms split across different levels, the floor plan may be less desirable for buyers specifically seeking a single-level living experience or those with mobility concerns.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,333 | 2,338.5 | 50% |
| Lot Size | 35,284 | 52,925 | 32% |
| Price | $1.39M | $1.65M | 32% |
| Price per sq ft | $594 | $721 | 24% |
| Built year | 1963 | 1977 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 160 | 9% |
May 13, 2026
$1,385,000
Initial Listing