
Carmel, California 93923
This Historic Carmel Estate, known as "The Stone House," is a Stunning Move-In Ready Home listed at $4,595,000. While the list price sits above the $4,241,573 Fair Market Value, the premium reflects its rare architectural pedigree and Short-Term Rental Potential in the Coastal Zone. Boasting a Condition Rating of 3, the home features a remodeled marble kitchen, signature Carmel stone, and a detached guest cottage. Located near Top-Rated Schools like Carmel High (9/10), it is a perfect fit for discerning families or lifestyle-oriented professionals seeking coastal prestige.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25286 Hatton Road Subject | $4,595,000* List Price | 5 | 5 | 2,780 | $1,536 | - |
A 3493 Greenfield Place Sold | $3,500,000 | 3 | 3 | 2,663 | $1,314 | 0.6 mi |
B 24429 Portola Avenue Sold | $4,600,000 | 4 | 4 | 2,766 | $1,663 | 0.9 mi |
C 24418 San Juan Road Sold | $4,225,000 | 3 | 3 | 2,244 | $1,883 | 0.9 mi |
D 24497 San Mateo Avenue Sold | $4,000,000 | 3 | 3 | 2,596 | $1,541 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1932 build date, the property is well-maintained and move-in ready. The kitchen has been remodeled with modern marble countertops and stainless steel appliances. While some bathrooms and wallpaper choices appear dated (Fair), the overall structural integrity of the Carmel stone exterior and the pristine condition of the hardwood floors and coved ceilings justify a Good rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11583, living area = 2780.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Known as 'The Stone House,' this 1932 masterpiece by architect A. Nastrovic features timeless Carmel stone craftsmanship, vaulted ceilings, and Mediterranean accents that offer rare character and prestige.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11583, other record lot size in square feet = 11400. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2780, other record living area = 2520. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
As a 1930s stone structure, the property may require specialized and potentially costly ongoing maintenance to preserve its historic integrity and infrastructure compared to modern builds.
The home's convenient proximity to Highway 1 and Carmel High School may result in increased vehicle traffic and ambient noise during school hours and peak commuting times.
This classic Carmel charmer, known as "The Stone House," was built in 1932 by Russian architect A. Nastrovic, celebrated for his Moscow monuments. Its Carmel stone exterior, mission-tile roof, coved plaster ceilings, vaulted living-room ceiling, and hardwood floors reflect timeless local craftsmanship with Spanish and Mediterranean accents. The remodeled kitchen features marble counters and tile flooring. The spacious main house, 2,780 sq ft, 4 beds and 4 baths, includes the downstairs primary suite and main living areas with one of the bedrooms and bathrooms upstairs. A detached 550 sq.ft. guest cottage offering a fireplace, kitchenette, and bath, brings the property's total livable square footage to 3,300, 5 bedrooms, and 5 bathrooms. The home, exterior walls, and backyard courtyard are finished with signature Carmel stone, and the basement provides storage or potential wine-cellar use. Located in the Coastal Zone of unincorporated Monterey County, it may be eligible for a short-term/vacation rental permit. Conveniently close to Carmel High, Highway 1, and downtown Carmel-by-the-Sea.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 5.0 | 3.0 | 88% |
| Square foot | 2,780 | 2,327 | 71% |
| Lot Size | 11,583 | 9,240.5 | 56% |
| Price | $4.59M | $2.97M | 83% |
| Price per sq ft | $1.7K | $1.3K | 73% |
| Built year | 1932 | 1970 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 198 | 6% |
Apr 20, 2026
$4,595,000
Initial Listing
Jul 12, 2007
$1,500,000
Public Record