
Carmel, California 93923
This property presents a High-Potential Investment Opportunity with a List Price of $1,650,000—positioned slightly above the $1,604,460 Fair Market Value. While not a discount play, the property offers significant upside through its 0.63-acre lot, separate ADU, and swimming pool. With a Condition Rating of 4, the home is a prime candidate for modernization. Located in the Carmel Unified School District with top-rated schools, this is a rare value-add acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to create a custom estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25455 Canada Valley Drive Subject | $1,650,000* List Price | 3 | 2 | 2,052 | $782 | - |
A 4355 Canada Court Sold | $1,559,000 | 3 | 3 | 2,736 | $570 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969 and owned by the same family since, the property is well-maintained but dated. The kitchen and bathrooms show signs of older renovations (likely 20+ years old) and the listing explicitly suggests the home is a candidate for updating and reimagining.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27443, living area = 2052.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated in the highly coveted Carmel Unified School District with top-rated schools and just minutes from Carmel-by-the-Sea, ensuring strong long-term property value.
Retaining its original 1969 character, the home likely requires a comprehensive and costly modernization to meet the expectations of today's luxury buyers.
The aging swimming pool, pool house, and extensive mature landscaping on a large lot may present immediate deferred maintenance needs and high ongoing upkeep costs.
Offered for the first time ever, this cherished Carmel home has been owned by the same family since it was built in 1969. Set on a private and peaceful 0.63-acre parcel in the desirable Carmel Views community, the property features 3 bedrooms, 2 baths (in main house) and 2,052± sq. ft. of living space and a separated ADU with bathroom. Rich with original character and endless potential, this is a rare opportunity to update, reimagine, or create your dream home. Highlights include a flexible floor plan, separate living unit, swimming pool, pool house with full bath, attached 2-car garage, mature landscaping, fenced yard, dog run and kennels. Enjoy hillside and neighborhood views from this secluded lot. Located within the highly coveted Carmel Unified School District and just minutes from Carmel-by-the-Sea, world-class dining, shopping, golf, hiking, and the Monterey Peninsula coastline.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 10.0 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 2,052 | 2,079.133 |
| Lot Size | 27,443 | 12,775.833 |
| Price | $1.65M | $3.23M |
| Price per sq ft | $804 | $1.5K |
| Built year | 1969 | 1976 |
| HOA | $350.0 | $3.0K |
| Days on market | 6 | 74 |
Sep 3, 2026
$1,650,000
Initial Listing