
Carmel Valley, California 93923
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,595,000—positioned well below the $1,605,461 Fair Market Value by 0.65%. Featuring a 4-bedroom, 3-bath layout with a private in-law suite and panoramic mountain views, the property maintains a Condition Rating of 4. While the interior requires modernization, the expansive one-acre lot offers significant ADU development potential. Located in the Carmel Unified School District, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25550 Via Cazador Subject 4 bd · 3 ba · 2,585 sqft · $603 | $1,495,000* List Price | 4 | 3 | 2,585 | $603 | - |
A 27460 Loma Del Rey Sold 4 bd · 3 ba · 2,494 sqft · $621 · 0.7 mi | $1,550,000 | 4 | 3 | 2,494 | $621 | 0.7 mi |
B 9805 Carmel Valley Road Active 3 bd · 2 ba · 2,108 sqft · $676 · 0.8 mi | $1,425,000 List Price | 3 | 2 | 2,108 | $676 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is over 50 years old but remains functional and move-in ready. The kitchen and bathrooms are dated, featuring older tile countertops and cabinetry. While the interior has been refreshed with newer flooring and paint, the presence of wall heaters and original utility fixtures suggests that major systems and aesthetics require updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47045, living area = 2585.
The floor plan features a private primary wing and a separate in-law suite with its own fireplace and full bath, offering exceptional flexibility for multi-generational living or guest hosting.
Situated on a sprawling one-acre parcel in mid-Carmel Valley, the property provides rare space and privacy with significant potential to add an ADU for increased value.
Built in 1973 and previously used as a long-term rental, the home likely requires significant cosmetic modernization and upgrades to meet contemporary luxury standards.
A recent $100,000 price reduction after more than 30 days on the market suggests that the initial pricing may have been misaligned with the property's current condition.
Nestled on over one acre in the desirable Tierra Grande neighborhood of mid-Valley Carmel, this four-bedroom, three-bath home offers an opportunity to create your dream property. Built in 1973, the home is thoughtfully positioned to capture Carmel Valley's beautiful mountain views. The spacious living room features soaring vaulted ceilings and a cozy wood-burning fireplace, while the adjoining dining area opens to the kitchen equipped with an electric range, dishwasher, and refrigerator. A large covered patio provides the perfect setting for entertaining or simply enjoying the peaceful surroundings. The floor plan offers a private primary suite on one wing and two additional bedrooms on the opposite side. A spacious in-law suite sits at the rear of the home, complete with its own fireplace and full bath-ideal for guests, extended family, or a caretaker. Additional features include an indoor laundry room with utility sink and washer/dryer hookups, plus an attached two-car garage. The expansive one-acre parcel offers space and potential for an ADU (buyer to verify). Previously used as a long-term rental, the home is move-in ready as-is while offering potential for renovation, customization, or investment in one of mid-Carmel Valley's most sought-after locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,585 | 2,111.641 |
| Lot Size | 47,045 | 12,541.641 |
| Price | $1.50M | $3.11M |
| Price per sq ft | $578 | $1.4K |
| Built year | 1973 | 1972 |
| HOA | $200.0 | $2.2K |
| Days on market | 74 | 81 |
Oct 2, 2026
$1,495,000
$1,595,000
-6% Price Drop
Initial Listing
Sep 11, 2026
$1,595,000
$1,695,000
-6% Price Drop
Initial Listing
Aug 11, 2026
$1,695,000
Initial Listing