25295 Tierra Grande Drive, Carmel, California 93923, Carmel, 93923 - 3 bed, 3 bath
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Carmel, California 93923
This Single Family Residence is a Strong Value Opportunity, listed at $2,215,000—positioned well below the $2,308,006 Fair Market Value by 4%. This valuation gap offers $93,006 in Instant Equity. Featuring a Fair Condition Rating, the home offers a private well, panoramic mountain views, and a prime location in the Carmel Unified School District. While the interior awaits modern updates, the expansive one-acre lot provides significant long-term potential. This property is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old, placing it in the 'Fair' category (>20y). While the home is meticulously maintained and features updated windows, the kitchen and baths remain dated with original tile countertops and 2000s-era cabinetry that require modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 2257.
Perched at the highest point of Tierra Grande Drive, the property offers unparalleled, sweeping views of the local hills, valleys, and mountains, providing a serene and private sanctuary.
A significant asset is the private well equipped with a 4,990-gallon storage tank, offering rare water independence and security in the Carmel region.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43560, other record lot size in square feet = 44431.
Being located at the very top of the ridge may result in a longer, more winding commute and potential accessibility challenges during adverse weather conditions.
At a list price of over $2.2 million for approximately 2,257 square feet, the property commands a high price point that may be sensitive to buyers looking for more interior living space.
Set like a jewel at the very top of Tierra Grande Dr. is a very special sanctuary of serene beauty. Commanding local hills, valley, and mountain views await through walls of glass adjoining an expansive deck ideal for indoor-outdoor entertaining and relaxing. Soaring ceilings, a dual gas log fireplace, and several dining areas enhance the capacious living areas, offering multiple gathering places to enjoy a variety of celebrations or peaceful reflection. Serene and private primary suite features large dressing area, walk-in closet, and enormous shower. Chefs will delight in the gourmet kitchen with gleaming stainless steel built-in appliances, glass cooktop and trash compactor. Oak-studded grounds feature a fenced park-like side yard, expansive lawns, and very low maintenance. Come home to natural beauty, sweeping views of untouched natural hills and valleys, and of course, coveted Carmel Schools. Shopping is only 2 miles away. BONUS! PRIVATE WELL W/4990 GAL STORAGE TANK!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,257 | 2,254 | 50% |
| Lot Size | 43,560 | 9,240.5 | 71% |
| Price | $2.00M | $2.94M | 25% |
| Price per sq ft | $886 | $1.2K | 19% |
| Built year | 2002 | 1971 | 85% |
| HOA | $200.0 | $0 | 87% |
| Days on market | 21 | 197 | 2% |
Jun 4, 2026
$1,999,990
$2,215,000
-10% Price Drop
Initial Listing
May 16, 2026
$2,215,000
Initial Listing
Feb 16, 2010
$855,000
Public Record
Feb 2, 2004
$1,100,000
Public Record