228 Lower Walden Road, Carmel, California 93923, Carmel, 93923 - 4 bed, 5 bath
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Carmel, California 93923
Analysis of 228 Lower Walden Road, Carmel, California 93923 is currently available with a list price of $6,950,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Carmel Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While originally built in 1937, the property has undergone significant, high-quality renovations that have been meticulously maintained. The kitchen features premium stainless steel appliances and marble finishes, and the home includes updated luxury systems such as a theater, sauna, and steam shower. Although some bathroom aesthetics (like the pink marble) are dated and reflect a renovation likely 15-20 years old, the home is move-in ready and functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 78408, living area = 6502.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
The estate offers rare, unobstructed whitewater views of Point Lobos and Yankee Point, with a unique orientation that captures the sun setting into the ocean every night of the year.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =78408, other record lot size in square feet = 48787. Living area discrepancy between mls listing and other public or private record. mls listing living area = 6502, other record living area = 4871. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 161 days on the market, the property has exceeded the typical absorption rate for the area, which may lead to perceptions of overpricing or limited buyer pool interest.
The residence is spread across four levels, which may pose accessibility challenges for some buyers and creates a vertical living experience that differs from modern open-concept preferences.
Offered for the first time in nearly 50 years, this extraordinary ocean view Carmel Highlands estate is a once-in-a-lifetime opportunity for coastal privacy and luxury convenience. Perched above the pristine Spindrift coast, it boasts sweeping, unobstructed whitewater views of Point Lobos and Yankee Point, and the orientation of the house enables views of the sun dropping into the ocean each night of the year. The architectural soul of the home has remained intact, with major renovations done so seamlessly that they feel original. Spanning four levels, the main house is sophisticated and features a sauna, steam shower, theater, and expansive terraces and balconies overlooking lush and mature grounds. Hand-carved limestone fireplaces sourced from Arroyo Seco with French-style cut brick lend warmth and timeless character in the library and living room. 2 flat, usable acres, comprised of two lots of record feature tranquil fountains and a rare, natural spring for the landscaping. A detached, 2-bay garage and private studio offer flexibility for guests or an on-property caretaker. Studded with redwoods and screened by dense hedges, the property provides serenity, security, and privacy. This is not just another house for sale, it is an opportunity to acquire a rare generational legacy
No exterior & parking available.
Grades K-5 • 3.4 mi
Grades 6-8 • 4.0 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.5 |
| Square foot | 6,502 | 1,978 |
| Lot Size | 78,408 | 5,500 |
| Price | $6.95M | $3.29M |
| Price per sq ft | $1.1K | $1.6K |
| Built year | 1937 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 168 | 73 |
Feb 4, 2026
$6,950,000
Initial Listing