18 Asoleado Drive, Carmel Valley, California 93924, Carmel Valley, 93924 - 3 bed, 2 bath
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Carmel Valley, California 93924
This Single Family Residence represents a Strong Value Opportunity, listed at $1,195,000, which aligns with its $1,195,000 Fair Market Value. While the property carries a Fair Condition Rating due to original finishes, it offers significant upside through cosmetic modernization. Situated on a massive 10-acre lot within the gated Asoleado Estates, the home features panoramic mountain and vineyard views, a wrap-around deck, and extensive stonework. Located in the Carmel Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, high-potential sanctuary.
Property is moderate renovation needed.
The property was built in 2002, making it 22 years old. While exceptionally well-maintained and move-in ready, the kitchen and bathrooms feature original finishes that are now dated, such as the brass-trimmed shower enclosure and early-2000s cabinetry styles, placing it in the 'Fair' category based on age and the need for cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 435600, living area = 2094.
Situated on a massive 10-acre lot within the gated Asoleado Estates, the property offers unparalleled privacy and breathtaking panoramic vistas of vineyards, the Cachagua Valley, and the Santa Lucia Mountains.
The home is located within the highly-coveted Carmel Unified School District, providing a significant advantage for families and ensuring strong long-term investment potential.
With 499 days on the market, the property carries a 'stale' listing perception, which often suggests challenges with the remote location or difficulty in justifying the price point to a broad buyer pool.
A substantial price reduction from the original $1.398M to $1.195M indicates a previous misalignment with market value, which can sometimes lead to aggressive low-ball offers from remaining prospects.
Discover a tranquil haven in this beautiful two-story home nestled in oak groves and sunny grass uplands. Set within a panoramic mountain vista, it overlooks vineyards and picturesque valleys and is a seamless fusion of rustic charm and modern comfort. Its driveway leads you through a mix of wildness and meticulously maintained parkland, exhibiting a harmonious balance between nature and refined living. The property boasts elegant exterior spaces and combines classic red tile roofing with Hardie Siding walls and a distinctive stone base. This blend creates a warm, inviting atmosphere where a rustic patio and covered porch serve as a perfect sanctuary. Indoors, the elegance continues with extensive stonework and two cozy fireplaces that form the heart of the home. The wrap-around deck overlooks enchanting daytime scenes of the Cachagua Valley and offers a front-row seat to view the Milky Way in the spectacular nighttime sky. Positioned in the esteemed Asoleado Estates gated community, this home is more than a residence; it's an invitation to a lifestyle with magnificent beauty and peaceful harmony. Whether savoring morning coffee or entertaining guests against the backdrop of the Santa Lucia Mountains, this property offers an unrivaled experience of luxury and natural splendor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,094 | 1,172 |
| Lot Size | 435,600 | 440,392 |
| Price | $1.20M | $1.86M |
| Price per sq ft | $571 | $852 |
| Built year | 2002 | 1984 |
| HOA | $233.0 | $2.8K |
| Days on market | 478 | 78 |
Mar 10, 2026
$1,195,000
Initial Listing
Mar 31, 2025
$1,398,000
Initial Listing
Oct 13, 2010
$528,000
Public Record
Feb 8, 2000
$100,000
Public Record