
Carmel, California 93923
This Mission Revival Single Family Residence represents a Strong Value Opportunity, listed at $2,200,000—positioned well below the $2,443,362 Fair Market Value by 9%. This valuation gap offers $243,362 in Instant Equity. Featuring sweeping ocean views, a spacious viewing deck, and a Condition Rating of 4, the home offers significant character in the Carmel Unified School District. This property is an ideal acquisition for Owner-Occupants seeking a coastal lifestyle or Long-term Investors prioritizing location and school quality.
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 | $1,872 | - |
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 property is over 80 years old and retains many original 'vintage' features. While the interior appears well-maintained with clean wood floors and plaster walls, there is no mention of recent renovations to the kitchen, bathrooms, or core systems (HVAC/Electric), making it dated by modern standards and likely in need of minor updates.
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 sweeping panoramic views stretching from Point Lobos to Pebble Beach, visible from the living room, dining area, and primary suite.
At just 1,305 square feet with only two bedrooms, the interior living space may be restrictive for growing families or those needing a dedicated home office.
Given the home's 1941 construction, buyers should anticipate potential needs for modernizing older systems or addressing maintenance typical of historic properties.
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 | 2.8 |
| Square foot | 1,305 | 2,079.133 |
| Lot Size | 7,102 | 12,775.833 |
| Price | $2.20M | $3.23M |
| Price per sq ft | $1.7K | $1.5K |
| Built year | 1941 | 1976 |
| HOA | $0 | $3.0K |
| Days on market | 54 | 74 |
Jul 17, 2026
$2,200,000
Initial Listing