
Carmel, California 93923
This Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $2,600,000, which aligns with the $2,600,000 Fair Market Value. While the property maintains a Condition Rating of 4, it offers significant potential for value-add through cosmetic modernization of its 1980s interiors. The expansive one-acre lot, mature landscaping, and panoramic Monterey Bay views provide a rare coastal setting. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, high-potential estate in the prestigious Carmel area.
Property is moderate renovation needed.
Built in 1986, this 40-year-old property is functional but dated. While the living areas have been refreshed with paint and virtual staging, the bathrooms show original 1980s oak cabinetry, tile countertops, and fluorescent light boxes. Additionally, the bedrooms feature significantly worn and stained carpeting, indicating the home needs cosmetic updates and likely system overhauls to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 3207.
The property offers stunning Monterey Bay and ocean views, complemented by city lights and mountain vistas, providing a quintessential Carmel coastal living experience.
Situated on a full acre, the residence is framed by mature oak and cypress trees, offering rare privacy and a seamless indoor-outdoor flow to spacious garden areas.
With 86 days on the market, the property may be facing pricing resistance or specific buyer hesitation compared to the typical velocity of the local luxury market.
Built in 1986 and set on a heavily wooded acre, the property likely requires significant ongoing upkeep for both the aging structure and the mature landscaping.
Experience the beauty of Carmel living with fantastic Monterey Bay ocean views from this charming 4-bedroom, 2.5-bath residence on Fairfield Place. Designed for comfort and connection to nature, the home features bright, open living spaces, a thoughtfully updated kitchen, and seamless indoor-outdoor flow to patios and garden areas framed by mature oak and cypress trees. Enjoy peaceful mornings with glimpses of the ocean and evenings filled with coastal light and fresh air. Conveniently located near Carmel Village, Pebble Beach, Pacific Grove and Monterey, and the areas world-class beaches, dining, and galleries, this home offers privacy, natural beauty, and an ideal setting for relaxed coastal living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,207 | 2,461 | 82% |
| Lot Size | 43,560 | 9,333 | 69% |
| Price | $2.60M | $3.00M | 37% |
| Price per sq ft | $811 | $1.3K | 14% |
| Built year | 1986 | 1971 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 192 | 27% |
Mar 17, 2026
$2,600,000
Initial Listing
May 25, 2012
$915,000
Public Record