
Carmel, California 93923
This Single-Story Condominium represents a High-Potential Investment Opportunity, listed at $949,000—positioned well below the $995,000 Fair Market Value by 4%. This valuation gap provides $46,000 in Instant Equity. With a Condition Rating of 4, the home offers a prime canvas for modernization. Located in the Carmel Unified School District near top-rated schools, it features an expansive private deck with canyon and forest views. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24501 Via Mar Monte 58 Subject | $949,000* List Price | 2 | 2 | 1,411 | $705 | - |
A 3600 High Meadow Drive 23 Active | $925,000 List Price | 2 | 2 | 1,410 | $656 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is nearly 50 years old and shows signs of being dated, particularly in the kitchen and bathrooms which appear to have older cabinetry and fixtures. The listing description explicitly mentions the price allows for 'personal style' updates, confirming that while functional and well-maintained, the home requires modernization to meet current standards.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated in the highly sought-after Carmel Unified School District and located just off Highway 1, this property offers convenient access to downtown Carmel-by-the-Sea, Monterey, and Pebble Beach.
The 1,411-square-foot residence features a rare single-story floor plan with high ceilings and two en-suite bathrooms, providing both accessibility and a spacious, open feel.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1411, other record living area = 1370.
The association fee is $1,050 per month, which is a significant recurring expense that may impact the overall affordability and appeal for budget-conscious buyers.
The marketing indicates the home is priced to allow buyers to 'bring their own personal style,' suggesting that the interior finishes may be dated and require additional investment for renovations.
This residence has just received a major price adjustment to deliver unmatched value in Carmel. Priced to allow you to easily bring your own personal style. Located in a highly sought-after Carmel community known as The Ridge at High Meadows, this single-story, 1411 square foot home offers two bedrooms and two en-suite bathrooms. The home features high ceilings, an expansive, private deck with gorgeous views of the surrounding forest and greenbelt. Inside, you'll find a gas fireplace in the living room, laundry hookups in the kitchen, a large dining area and plenty of closet space throughout. The property also includes a detached one-car garage with additional parking for guests and access to the neighboring pool and tennis courts. Comnveniently located just off Hwy 1, The Ridge at High Meadows is a short drive from downtown Carmel-by-the-Sea, Monterey and Pebble Beach, with easy access to everything the beautiful Monterey Bay has to offer.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,411 | 1,363 |
| Lot Size | 1,325 | 1,140 |
| Price | $949.0K | $1.00M |
| Price per sq ft | $673 | $796 |
| Built year | 1977 | 1968 |
| HOA | $1050.0 | $1.6K |
| Days on market | 72 | 50 |
Jun 14, 2026
$949,000
$995,000
-5% Price Drop
Initial Listing
May 11, 2026
$995,000
Initial Listing
Oct 1, 2018
$690,000
Public Record
Mar 13, 2015
$560,000
Public Record
Mar 30, 2012
$470,000
Public Record
Jul 6, 2001
$470,500
Public Record