25636 Morse Drive, Carmel, California 93923, Carmel, 93923 - 3 bed, 2 bath
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Carmel, California 93923
This Spacious Coastal Residence represents a Strong Value Opportunity, listed at $1,750,000—positioned above the $1,667,243 Fair Market Value. While currently priced above the estimated market value, the property offers significant long-term potential due to its 11,761 sq. ft. lot and prime location within the Carmel Unified School District, featuring top-rated schools like Carmel High. With a Condition Rating of 4, the home is move-in ready but invites cosmetic modernization. This is an ideal acquisition for Owner-Occupants or Long-Term Investors seeking a coastal lifestyle.
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 | $966 | - |
A 25664 Carmel Knolls Drive Sold | $1,679,000 | 3 | 2 | 1,767 | $950 | 0.3 mi |
B 2997 Lasuen Drive Active Under Contract | $1,850,000 List Price | 3 | 2 | 1,585 | $1,167 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the home is well-maintained and move-in ready but remains dated. The kitchen features older oak cabinetry and tile countertops likely exceeding 20 years in age, and while the bathroom shower shows some newer tile work, the overall aesthetic and fluorescent lighting indicate a need for modern updates.
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 walking distance to the top-rated Carmel High School and minutes from world-class beaches and dining, this property offers an ideal lifestyle for families and coastal enthusiasts.
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.
With 80 days on the market and a recent $75,000 price reduction, the property may face perception challenges regarding its valuation relative to current market demand.
Built in 1954, the home features more traditional, defined living spaces that may feel restrictive to buyers seeking a modern, open-concept floor plan.
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,726 | 1,978 |
| Lot Size | 11,761 | 5,500 |
| Price | $1.75M | $3.29M |
| Price per sq ft | $1.0K | $1.6K |
| Built year | 1954 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 99 | 73 |
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