24752 San Carlos Street, Carmel, California 93923, Carmel, 93923 - 0 bed, 1 bath
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24752 San Carlos Street
Carmel, California 93923
ACTIVE
CONDITION: FAIR
0Beds
1Baths
423Sq Ft
4,000Lot Size
Property Price
LIST PRICE$1,800,000
SUMMARY
Analysis of 24752 San Carlos Street, Carmel, California 93923 is currently available with a list price of $1,800,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Carmel Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1949, this 75-year-old cottage has received cosmetic updates including newer flooring and paint, making it functional and well-maintained. However, the listing is primarily marketed as a development opportunity to build a new primary residence, indicating the original structure is dated and undersized for the lot's value.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Development Potential
The property offers a rare opportunity to build a 3-bedroom, 2-bathroom Cotswold Cottage while preserving the original 1940s structure as a guest house or ADU, maximizing the utility of the 4,000 sqft lot.
- Prime North Carmel Location
Situated in the highly desirable north end of town, the property features ocean and neighborhood views, offering the quintessential Carmel-by-the-Sea lifestyle in a prestigious neighborhood.
- Architectural Heritage and Charm
The site retains a charming 1940s cottage and comes with a vision for a 'Cotswold' style residence, ensuring the new build aligns with the iconic and celebrated aesthetic of the area.
CONSRISKS & DEFICIENCIES
- High Price per Square Foot
With a list price of $1.8M for only 423 square feet of existing living space, the property represents a significant investment primarily based on land value and future potential.
- Immediate Construction Necessity
The current single-bath, sub-500 sqft layout is likely insufficient for most buyers, requiring immediate and substantial capital expenditure to execute the planned expansion and garage addition.
About 24752 San Carlos Street
ENJOY A SWEET CARMEL Cottage-by-the-Sea as you build this exceptionally charming Cotswold Cottage that captures the essence of the area and will be among the celebrated residences in Carmel. As it would be, the late local legend some referred to as Mr. Carmel purchased this property to build their very special Carmel home he had a picture of. He adored the original 1940's Cottage sited at the back of the property, the beautifully landscaped lot with great natural light and the north end of town location. Having his longtime friend and partner build the 3 Bed, 2 Bath and a garage a must, keeping the original Cottage for an office or potential ADU. Or, enjoy the existing sweet Cottage-by-the-Sea as your Carmel residence.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 4,000 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 1.0 | 2.8 |
| Square foot | 423 | 2,079.133 |
| Lot Size | 4,000 | 12,775.833 |
| Price | $1.80M | $3.23M |
| Price per sq ft | $4.3K | $1.5K |
| Built year | 1949 | 1976 |
| HOA | $0 | $3.0K |
| Days on market | 16 | 74 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,800,000
Initial Listing
Sold
Dec 13, 2024
$1,480,000
Public Record