
Carmel, California 93923
This Spacious Multi-Level Residence is a Strong Value Opportunity, listed at $2,195,000—positioned well below the $2,235,254 Fair Market Value by 1.8%. This valuation gap offers $40,254 in Instant Equity. Featuring a Condition Rating of 3, the home includes a modern kitchen, updated baths, and a versatile 600 sq. ft. bonus suite. Located in the Carmel Unified School District, this property is an ideal acquisition for Owner-Occupants seeking lifestyle flexibility or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25193 Flanders Drive Subject | $2,195,000* List Price | 5 | 3 | 2,431 | $919 | - |
A 25037 Valley Place Sold | $1,885,000 | 3 | 2 | 1,774 | $1,063 | 0.1 mi |
B 25195 Stewart Place Active | $2,445,000 List Price | 3 | 3 | 2,168 | $1,128 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1962 but features significant updates including a modern kitchen with quartz countertops and subway tile backsplash, along with updated bathrooms. The interior shows well-maintained hardwood floors and functional living spaces, making it move-in ready despite the age of the structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20905, living area = 2431.
The property features an expansive layout including a 600 sq. ft. bonus suite with a separate entrance and a large downstairs area, offering exceptional flexibility for multi-generational living, guest quarters, or a home office.
Situated within the prestigious Carmel Unified School District and within walking distance to Carmel High School and downtown, this home offers a highly desirable lifestyle and long-term value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The home's configuration across three distinct levels may pose accessibility challenges or feel disjointed for buyers seeking a more traditional, single-level floor plan.
Originally built in 1962, the property may require ongoing maintenance or further modernization of core systems despite recent cosmetic updates to the kitchen and bathrooms.
Come spread out in Carmel! This delightfully updated 2,431-square-foot home offers room for everyone, with four bedrooms and two baths on the main level, plus a living room with a fireplace and a separate family room with a dining area. Downstairs is more than 1,800 sq. ft. and features beautiful hardwood floors, carpet, and tile. Updated kitchen with quartz countertops and updated downstairs bathrooms complete the package. Adding even more flexibility is the almost 600 sq. ft. bonus suite above the garage with a full bath, interior access, and a separate exterior entrance. Ideal as a primary suite, guest quarters, game room, office, or a private retreat for nannies or in-laws. Situated on nearly half an acre on the peaceful canyon side of Flanders Drive, the home draws you in from the moment you step in and see the serene forest leading to the canyon. Enjoy all this space within the highly sought-after Carmel Unified School District. Within easy walking distance to Carmel High School, and downtown Carmel. A longer walk takes you to the Carmel Rancho, Barnyard, and Crossroads shopping areas, via the trail through the Ixshenta State Park, starting just steps from your front door. A rare combination of space, flexibility, location, and Carmel charm . . . welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,431 | 1,978 |
| Lot Size | 20,905 | 5,500 |
| Price | $2.19M | $3.29M |
| Price per sq ft | $903 | $1.6K |
| Built year | 1962 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 16 | 73 |
Jul 6, 2026
$2,195,000
Initial Listing
Jul 20, 2016
$1,190,000
Public Record