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, this estate has undergone extensive, high-quality renovations that maintain its architectural integrity while providing modern luxury. The kitchen features premium stainless steel appliances (including a True refrigerator), marble countertops, and custom cabinetry. The interior showcases high-end finishes such as marble diamond-patterned flooring and intricate wood parquet inlays. The property is move-in ready with no signs of deferred maintenance, fitting the 'good' category for a well-maintained and updated historic home.
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 dropping 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.
The main house spans four levels, which may present accessibility challenges or feel less cohesive for buyers preferring a more modern, open-concept single-story flow.
Given the 1937 construction date and the complexity of the grounds—including fountains and a natural spring—the estate likely requires significant ongoing maintenance and specialized care.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 5.0 | 3.0 | 88% |
| Square foot | 6,502 | 2,327 | 96% |
| Lot Size | 78,408 | 9,240.5 | 85% |
| Price | $6.95M | $2.97M | 94% |
| Price per sq ft | $1.1K | $1.2K | 40% |
| Built year | 1937 | 1970 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 122 | 198 | 35% |
Feb 4, 2026
$6,950,000
Initial Listing