24489 San Mateo Avenue, Carmel, California 93923, Carmel, 93923 - 2 bed, 2 bath
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Carmel, California 93923
This Mission Revival Single Family Residence represents a Strong Value Opportunity, listed at $2,200,000—positioned well below the $2,437,000 Fair Market Value by 9%. This valuation gap offers $237,000 in Instant Equity. Featuring a Condition Rating of 4, the home offers panoramic ocean views and historic architectural charm. Located in the Carmel Unified School District with top-rated schools nearby, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prestigious coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24489 San Mateo Avenue Subject | $2,200,000* List Price | 2 | 2 | 1,305 | $1,867 | - |
A 24390 San Marcos Road Sold | $1,800,000 | 3 | 2 | 1,207 | $1,491 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, this Mission Revival home is well-maintained but retains vintage light fixtures and architectural details without evidence of a major renovation in the last 20 years. While move-in ready, the age of the structure and lack of modern kitchen/bath updates in the description place it in the dated category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7102, living area = 1305.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
The property boasts breathtaking, sweeping ocean views from Point Lobos to Pebble Beach, visible from the living areas, primary bedroom, and a spacious viewing deck.
With only 1,305 square feet and two bedrooms, the home's compact footprint may not accommodate larger families or those requiring significant indoor space.
The property features a single-car attached garage, which may be insufficient for households with multiple vehicles or those needing substantial storage.
With sweeping ocean views from Point Lobos to Pebble Beach, this charming 2 BD, 2 BA Mission Revival in Carmel Woods feels worlds away while still being accessible to downtown Carmel. Surrounded by colorful mature landscape, the red tile roof and large, white-washed adobe style brick exterior give way to a charming patio. A front porch welcomes to interior white plaster walls, beautiful wood floors, arched doorways, bullnosed corners, and vintage light fixtures. The living room basks in stunning views of Point Lobos and includes a vaulted ceiling featuring carved wood beams and a fireplace hearth adorned with decorative tile. This room opens to the dining area with a view of Carmel River Beach and doors out to a spacious viewing deck. The main floor primary bedroom also has ocean views and an ensuite bath. Downstairs is a second bedroom with full bath. Additional outdoor living spaces include an enclosed courtyard off the living room, fenced backyard perfect for pups or a veggie garden, and a meandering pathway. Spacious 1-car attached garage and smaller second garage perfect for bikes and surfboards. CUSD.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,305 | 1,978 |
| Lot Size | 7,102 | 5,500 |
| Price | $2.20M | $3.29M |
| Price per sq ft | $1.7K | $1.6K |
| Built year | 1941 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 5 | 73 |
Jul 17, 2026
$2,200,000
Initial Listing