
Carmel, California 93923
This Single Family Residence represents a Strong Value Opportunity, listed at $2,475,000—positioned well below the $2,659,705 Fair Market Value by 6%. This valuation gap offers $184,705 in Instant Equity. Featuring a Condition Rating of 4, the home offers a functional layout with panoramic ocean views and expansive decks, though it invites cosmetic modernization. Located in the Carmel Unified School District near top-rated schools, this property is an ideal acquisition for Owner-Occupants or Value-Add Investors seeking a coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24950 Outlook Drive Subject 4 bd · 3 ba · 3,193 sqft · $833 | $2,475,000* List Price | 4 | 3 | 3,193 | $833 | - |
A 25193 Flanders Drive Active 5 bd · 3 ba · 2,431 sqft · $903 · 0.6 mi | $2,195,000 List Price | 5 | 3 | 2,431 | $903 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the home is well-maintained but features dated interior finishes. The bathrooms and laundry room show older tile countertops, cabinetry, and wallpaper consistent with a 20-30 year old aesthetic, indicating a need for modern updates despite the functional condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28819, living area = 3193.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
The property features remarkable views of Point Lobos and the Pacific Ocean, thoughtfully framed by generous windows to integrate Carmel's natural beauty into the living space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =28819, other record lot size in square feet = 27511.
Built in 1976, the interior finishes—such as the brick fireplace and built-in shelving—may require updates to meet the aesthetic preferences of buyers seeking a contemporary luxury feel.
The property is subject to a $420 monthly association fee, which adds to the ongoing cost of ownership compared to non-HOA residences in the area.
Set amid Carmel's natural beauty, this inviting single-level residence is thoughtfully oriented to place its remarkable views of Point Lobos at center stage. Surrounded by mature trees and coastal scenery, the home offers exceptional privacy and a strong connection to the Carmel Coast. A welcoming stone entry opens to an expansive living room with a vaulted wood-paneled ceiling and dramatic stone fireplace. Generous windows frame the surrounding scenery, while multiple access points create an effortless connection to the outdoors. The spacious family room features a brick fireplace and built-in wood shelving. With four bedrooms and two-and-a-half baths, including a peaceful primary suite with a soaking tub and dual vanity, the home offers ample space for family and guests. Expansive patios and decks extend the living spaces outdoors, with an outdoor kitchen, fire pit, and various areas for dining and lounging. Designed for relaxed coastal living and entertaining, this private Carmel retreat embraces its extraordinary setting and captivating ocean views.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 10.5 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 3,193 | 2,111.641 |
| Lot Size | 28,819 | 12,541.641 |
| Price | $2.48M | $3.11M |
| Price per sq ft | $775 | $1.4K |
| Built year | 1976 | 1972 |
| HOA | $420.0 | $2.2K |
| Days on market | 40 | 81 |
Sep 14, 2026
$2,475,000
Initial Listing