1385 Mission Street, Carmel, California 93921, Carmel, 93921 - 5 bed, 3 bath
Loading property details...
1385 Mission Street
Carmel, California 93921
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,667Sq Ft
6,697Lot Size
Property Price
LIST PRICE$5,750,000
EST. MARKET VALUE
$5,977,142
3% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $5,750,000—positioned well below the $5,977,143 Fair Market Value by 3%. This valuation gap offers $227,143 in Instant Equity. Featuring a 2024 complete renovation, a speakeasy-inspired wine room, and a generous 6,697 SF lot, the property maintains an Excellent Condition Rating. Located in the Carmel Unified School District, this residence offers a rare blend of coastal privacy and village walkability. It is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a sophisticated, turnkey retreat.
Estimated Market Value
$5,977,142+$227,142 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Carmel.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1385 Mission Street Subject 5 bd · 3 ba · 2,667 sqft · $2,241 | $5,750,000* List Price | 5 | 3 | 2,667 | $2,241 | - |
A 0 13th Sold 4 bd · 4 ba · 3,091 sqft · $2,103 · 0.1 mi | $6,500,000 | 4 | 4 | 3,091 | $2,103 | 0.1 mi |
B 0 Ocean 2 Nw Guadalupe Active 4 bd · 3 ba · 1,980 sqft · $2,270 · 0.6 mi | $4,495,000 List Price | 4 | 3 | 1,980 | $2,270 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Completely reimagined in 2024, this property is in mint condition. It features a brand-new gourmet kitchen with high-end appliances, designer bathrooms with contemporary tile and fixtures, and updated systems throughout, meeting the criteria for a renovation less than 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive 2024 Renovation
The property was completely reimagined in 2024, blending sophisticated mid-century design with timeless cottage charm and luxury amenities like a speakeasy-inspired wine room.
- Exceptional Lot Size
At nearly 6,700 square feet, this 'nearly double-sized' lot is a rare find in Carmel-by-the-Sea, offering significantly more space and privacy than the standard area parcels.
- Prime Walkable Location
Situated just one block outside the coveted Golden Rectangle, the home offers the perfect balance of quiet retreat and effortless walkability to the beach and village.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6697, other record lot size in square feet = 7300. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2667, other record living area = 2610.
- Bathroom-to-Bedroom Ratio
With five bedrooms but only three bathrooms, the home's layout may feel underserved for large families or high-end guest hosting compared to other luxury properties.
- Aggressive Price Appreciation
The listing price represents a 100% increase over its 2022 sale price, which may challenge buyers looking for traditional valuation metrics despite the extensive 2024 upgrades.
About 1385 Mission Street
In Carmel by the Sea, homeownership is more than an address its a feeling of having arrived. An unhurried pace, effortless walks to the beach, and an intimate connection to nature define a lifestyle unlike any other. Welcome to The Acorn, an extraordinary Carmel retreat where timeless cottage charm meets sophisticated mid-century design. Completely reimagined in 2024, this beautifully curated 2,670 SF residence unfolds across an exceptionally generous, nearly double-sized lot. Every detail feels intentional, blending architectural character with understated luxury. Discover enchanting living spaces, an incredible speakeasy-inspired wine room, and a private ladies dressing room worthy of Architectural Digest. Surrounded by the gentle whisper of coastal pines and the distant rhythm of crashing waves, this home offers a lifestyle that is hard to beat. Just one block outside the coveted Golden Rectangle, with Carmels charming village and pristine beaches a short stroll away, The Acorn offers the rare luxury of space, privacy, and walkability. Yes, you really can have it all.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 6,697 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,667 | 2,111.641 |
| Lot Size | 6,697 | 12,541.641 |
| Price | $5.75M | $3.11M |
| Price per sq ft | $2.2K | $1.4K |
| Built year | 1940 | 1972 |
| HOA | $0 | $2.2K |
| Days on market | 10 | 81 |
Pricing History
Listed for Sale
Oct 14, 2026
$5,750,000
Initial Listing
Sold
Feb 28, 2025
$5,135,000
Public Record
Sold
Mar 21, 2022
$2,875,000
Public Record