
Carmel, California 93923
This Refreshed Single-Family Residence represents a Prime Investment Opportunity, listed at $1,750,000—positioned well below the $1,790,312 Fair Market Value by 2%. This valuation gap provides $40,312 in Instant Equity. Featuring a Condition Rating of 3, the home offers a 14,000 sq ft lot with a private hot tub gazebo and park/greenbelt views. Located in the Carmel Unified School District, this property is an ideal acquisition for Owner-Occupants seeking a peaceful lifestyle or Buy-and-Hold Investors targeting the Monterey Peninsula.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25315 Flanders Drive Subject 3 bd · 4 ba · 1,720 sqft · $1,041 | $1,750,000* List Price | 3 | 4 | 1,720 | $1,041 | - |
A 25037 Valley Place Sold 3 bd · 2 ba · 1,774 sqft · $1,063 · 0.3 mi | $1,885,000 | 3 | 2 | 1,774 | $1,063 | 0.3 mi |
B 25636 Morse Drive Sold 3 bd · 2 ba · 1,726 sqft · $965 · 0.3 mi | $1,665,000 | 3 | 2 | 1,726 | $965 | 0.3 mi |
C 25655 Ryan Place Sold 3 bd · 2 ba · 1,864 sqft · $770 · 0.4 mi | $1,435,000 | 3 | 2 | 1,864 | $770 | 0.4 mi |
D 25950 Via Margarita Sold 4 bd · 2 ba · 1,764 sqft · $782 · 0.6 mi | $1,380,000 | 4 | 2 | 1,764 | $782 | 0.6 mi |
E 25349 Flanders Drive Active 3 bd · 2 ba · 1,600 sqft · $1,123 · 0.0 mi | $1,797,000 List Price | 3 | 2 | 1,600 | $1,123 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1960 but recently refreshed; features modern wide-plank flooring, updated recessed lighting, and newer black-framed windows. While the kitchen and baths retain some older tile elements, they have been updated with modern hardware and appliances, making the home well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1720.
The property features a generous 14,000 sq ft lot with mature landscaping, stone-paved pathways, and a private hot tub gazebo, offering an exceptional indoor-outdoor lifestyle.
Situated on a quiet street in Carmel Hills, the home provides easy access to downtown Carmel and Big Sur while benefiting from the highly-rated Carmel Unified School District.
Guest bedrooms are equipped with en suite powder rooms rather than full bathrooms, necessitating the use of a shared hallway bath for showering.
Originally built in 1960, the property may require additional capital investment for long-term infrastructure updates despite its recent cosmetic refreshments.
Set on a quiet street in Carmel Hills, this recently refreshed 3-bedroom home offers over 1,700 sq ft of living space on a beautifully landscaped ~14,000 sq ft lot. A welcoming front porch leads inside, where a spacious living room overlooks the surrounding greenery through a garden window. A dedicated dining area opens to the kitchen with updated appliances and two ovens, and the adjacent mudroom adds pantry storage. The primary suite features a walk-in closet and full bathroom, while each guest bedroom has an en suite powder room, with a shared full bathroom in the hall. All three bedrooms open outdoors, where mature landscaping and stone-paved pathways connect spaces for dining and relaxing. A large enclosed wood gazebo houses the hot tub, while a garden shed and attached two-car garage round out the amenities. With room to spread out indoors and enjoy the enchanting grounds, this inviting home offers a peaceful setting with easy access to downtown Carmel, Big Sur, and the best of the Monterey Peninsula.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.8 |
| Square foot | 1,720 | 2,111.641 |
| Lot Size | 13,939 | 12,541.641 |
| Price | $1.75M | $3.11M |
| Price per sq ft | $1.0K | $1.4K |
| Built year | 1960 | 1972 |
| HOA | $0 | $2.2K |
| Days on market | 5 | 81 |
Oct 19, 2026
$1,750,000
Initial Listing
May 30, 2023
$1,480,500
Public Record