
Carmel, California 93923
Analysis of 25603 Canada Drive, Carmel, California 93923 is currently available with a list price of $2,299,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Carmel Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This 1971 home has undergone a comprehensive, high-end renovation within the last 5 years, qualifying it for 'Excellent' status. The kitchen features modern waterfall-edge stone countertops and professional-grade stainless appliances. Bathrooms are fully updated with contemporary tile work and designer fixtures. The property is in mint, turnkey condition with added modern systems like solar panels.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46609, living area = 2001.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
The property is situated within the highly-rated Carmel Unified School District, providing access to top-tier institutions like Carmel High and Carmel River Elementary, which significantly bolsters long-term property value.
The property has seen a substantial price reduction of $276,000 from its original list price, which may suggest initial overvaluation or a longer-than-expected period on the market.
The inclusion of a $420 association fee adds to the monthly carrying costs, which may be a deterrent for buyers seeking a traditional single-family residence without oversight or additional dues.
Enjoy living in the coveted Carmel Views neighborhood with easy access to shopping, restaurants, and the local beaches. Step into this remodeled single-level sanctuary with an open concept living room with fireplace and a large dining area. Set on a flat homesite with ample space for additional vehicles this property is perfect for someone who has their own business, multiple large vehicles, or who is a serious gardener. Situated in the prestigious Carmel school district, this turnkey residence masterfully blends refined elegance with practical living.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 10.0 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 2,001 | 2,247.5 | 40% |
| Lot Size | 46,609.199 | 10,840 | 72% |
| Price | $2.30M | $2.85M | 38% |
| Price per sq ft | $1.1K | $1.1K | 50% |
| Built year | 1971 | 1971 | 50% |
| HOA | $420.0 | $0 | 90% |
| Days on market | 328 | 189 | 88% |
Mar 9, 2026
$2,299,000
Initial Listing
May 29, 2025
$2,575,000
Initial Listing