25636 Morse Drive, Carmel, California 93923, Carmel, 93923 - 3 bed, 2 bath
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Carmel, California 93923
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $1,750,000—positioned slightly above the $1,725,616 Fair Market Value. While the home maintains a Condition Rating of 4, it offers significant upside through cosmetic modernization of its mid-century interiors. Situated on an expansive 11,761 sqft lot within the Carmel Unified School District, the property provides proximity to top-rated schools and coastal amenities. This home is an ideal acquisition for Owner-Occupants seeking a lifestyle upgrade or long-term investors prioritizing location and land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25636 Morse Drive Subject | $1,750,000* List Price | 3 | 2 | 1,726 | $1,000 | - |
A 25664 Carmel Knolls Drive Sold | $1,679,000 | 3 | 2 | 1,767 | $950 | 0.3 mi |
B 25601 Carmel Knolls Drive Sold | $1,750,000 | 2 | 2 | 1,695 | $1,032 | 0.3 mi |
C 25950 Via Margarita Active | $1,649,000 List Price | 4 | 2 | 1,764 | $935 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home is exceptionally well-maintained and move-in ready, it is a 70-year-old structure with a dated kitchen featuring oak cabinetry, tile countertops, and fluorescent light boxes characteristic of a 20-30 year old renovation. One bathroom shows a more recent tile update, but the overall property requires cosmetic modernization to meet current 'Good' or 'Excellent' standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1726.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated within the prestigious Carmel Unified School District and walking distance to Carmel High School, this property offers exceptional value for families seeking top-tier education.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1726, other record living area = 1660. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally built in 1954, the home may require future capital expenditures for aging systems or modern aesthetic updates to align with contemporary luxury standards.
With 48 days on the market and a recent price reduction from the original list price, the property has faced some initial buyer hesitation regarding its current valuation.
Discover the timeless charm of 25636 Morse Dr. This well-maintained home offers all the essentials of relaxed coastal living. The warm, sunlit interior, mountain views, great outdoor areas, and welcoming ambiance feels like home the moment you step inside. With more than 1700 square feet of living space, this 3-bedroom, 2-bathroom, move-in ready home offers cozy, defined spaces that are perfect for full-time living, friends and family gatherings, quiet evenings by the fireplace, work-from-home opportunities, and more. The level 11,000+ square foot lot features large front and back yards with mature landscaping, perfect for playing, gardening, enjoying al fresco meals, or simply taking in the coastal breeze. The ample space provides flexibility for future enhancements to suit your lifestyle. With its unbeatable Carmel location - walking distance to Carmel High School, a short distance to the other CUSD campuses, just minutes from world-renowned beaches, shopping, charming boutiques, and endless dining options - this is your chance to embrace the best of coastal living. Come see this gem for yourself!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.2 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 | 27% |
| Square foot | 1,726 | 2,247.5 | 31% |
| Lot Size | 11,761 | 9,240.5 | 56% |
| Price | $1.75M | $2.94M | 15% |
| Price per sq ft | $1.0K | $1.2K | 37% |
| Built year | 1954 | 1970 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 198 | 8% |
May 29, 2026
$1,750,000
$1,825,000
-4% Price Drop
Initial Listing
Apr 14, 2026
$1,825,000
Initial Listing
Oct 23, 1997
$365,000
Public Record