18 Middle Canyon Way B, Carmel Valley, California 93924, Carmel Valley, 93924 - 4 bed, 3 bath
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18 Middle Canyon Way B
Carmel Valley, California 93924
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,252Sq Ft
43,952Lot Size
Property Price
LIST PRICE$1,298,000
EST. MARKET VALUE
$1,298,000
SUMMARY
This Versatile Multi-Level Residence represents a Strong Value Opportunity, listed at a List Price of $1,298,000, which aligns with its $1,298,000 Fair Market Value. Featuring a Condition Rating of 4, the home offers a functional layout with modern laminate flooring and granite finishes, while providing significant potential for cosmetic modernization. Situated on a sprawling one-acre lot in the Carmel Unified School District, this property offers exceptional privacy and sunset views. It is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a flexible, high-potential lifestyle asset.
Estimated Market Value
$1,298,000
Based on Realkey algorithm analyzing recent comparable sales in Carmel Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18 Middle Canyon Way B Subject 4 bd · 3 ba · 2,252 sqft · $576 | $1,298,000* List Price | 4 | 3 | 2,252 | $576 | - |
A 273 W Carmel Valley Road Active 4 bd · 4 ba · 2,240 sqft · $692 · 0.4 mi | $1,549,000 List Price | 4 | 4 | 2,240 | $692 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1980 (44 years old), the home is functional but significantly dated. While the flooring has been updated to modern laminate and kitchen/bath counters have been replaced with granite, the cabinetry, fruit-themed tile backsplash, and bathroom fixtures appear to be 20-30 years old. The exterior decking shows signs of age, and the use of baseboard heating indicates older mechanical systems, though the addition of solar panels is a modern improvement.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43952, living area = 2252.
- Prime Location and Views
Situated on the desirable sunny side of Carmel Valley at the end of a cul-de-sac, the property offers exceptional privacy and stunning sunset views toward Garland Ranch Regional Park.
- Versatile Living Configuration
The two-level layout features separate living areas on each floor, providing a flexible floor plan ideal for multi-generational living, guest quarters, or potential rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43952, other record lot size in square feet = 40128. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Extended Market Time
With 97 days on the market and a recent price reduction, the property may be facing challenges regarding its initial valuation or specific buyer appeal in the current market.
- Potential Modernization Needs
Built in 1980, the home may require updates to its interior finishes or systems to meet the contemporary standards expected by luxury buyers in Carmel Valley.
About 18 Middle Canyon Way B
Located at the end of a cul-de-sac on the sunny side of Carmel Valley Road in the desirable Water West area, this two-level home sits on slightly over one acre with beautiful views toward Garland Ranch Regional Park and lovely sunset vistas. Currently configured with two separate living areas, one on each level, the home offers a versatile layout. Nearby hiking trails, the ability to walk to Los Laureles Lodge Restaurant, and a location just minutes from the Village complete the Carmel Valley lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 43,952 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 3.1 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,252 | 2,207.75 |
| Lot Size | 43,952 | 120,305.85 |
| Price | $1.30M | $1.70M |
| Price per sq ft | $576 | $792 |
| Built year | 1980 | 1983 |
| HOA | $0 | $1.4K |
| Days on market | 108 | 79 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,298,000
$1,348,000
-4% Price Drop
Initial Listing
Price Change
Jul 8, 2026
$1,348,000
Initial Listing