
Carmel, California 93923
This Mediterranean-style residence is a Strategic Value-Add Asset with a List Price of $1,495,000, aligning with its $1,480,853 Fair Market Value. While the interior holds a Condition Rating of 4, the property features Ocean Views and an expansive 11,174 sq. ft. lot—a rare size for the area. Located in the Carmel Unified School District near Carmel River Elementary, Carmel Middle, and Carmel High, the site offers significant redevelopment upside. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants looking to modernize a vintage coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24730 Dolores Street Subject | $1,495,000* List Price | 2 | 2 | 1,275 | $1,161 | - |
A 25145 N Carmel Hills Drive Sold | $1,065,000 | 2 | 1 | 1,090 | $977 | 0.8 mi |
B 3380 San Luis Avenue Sold | $1,750,000 | 3 | 3 | 1,667 | $1,050 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1943, this Mediterranean-style home is well-maintained and preserves its original character, but it is significantly outdated by modern standards. The kitchen features older tile countertops and vintage electric coil appliances, and the bathrooms retain dated fixtures and styling. While the property is clean and functional, it has not undergone a comprehensive renovation in recent decades, making it a prime candidate for modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11174, living area = 1275.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated in the heart of Carmel-by-the-Sea, the property is within walking distance of world-class dining, galleries, and the iconic white sands of Carmel Beach.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1275, other record living area = 1537.
With only two bedrooms and under 1,300 square feet of living space, the home may feel restrictive for buyers seeking modern, spacious layouts or larger family accommodations.
Built in 1943, the property likely requires significant updates to its original systems and interior finishes to meet contemporary luxury standards and energy efficiency.
Located in downtown Carmel-by-the-Sea just a short stroll from shops, restaurants, galleries, and the beautiful white sand at Carmel Beach, this beautiful Mediterranean house with ocean views is ready for its next loving owners to enjoy. With 2 bedrooms, 1.5 bathrooms, and almost 1,300 SqFt of light and bright living space, the home has been lovingly maintained to preserve the original character and details. Sited on an extra large 11,174 lot, the property offers wonderful opportunities for improvement or enjoying as-is. Welcome home to your Carmel jewel on quiet Dolores Street.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,275 | 2,247.5 | 8% |
| Lot Size | 11,174 | 10,840 | 52% |
| Price | $1.50M | $2.85M | 12% |
| Price per sq ft | $1.2K | $1.2K | 50% |
| Built year | 1943 | 1971 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 1248 | 189 | 0% |
Sep 12, 2023
$2,100,000
Public Record
Jan 27, 2023
$1,400,000
Public Record
Nov 21, 2022
$1,495,000
Initial Listing
May 26, 2021
$1,100,000
Public Record