
Carmel, California 93923
This Single-Family Residence represents a Strong Value Opportunity, listed at $1,425,000—positioned well below the $1,501,828 Fair Market Value by 5%. This valuation gap provides $76,828 in Instant Equity. With a Condition Rating of 4, the home offers significant potential for modernization. Located in the Carmel Unified School District near top-rated schools, the property features a large 12,197 sq. ft. lot and partial hill views. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25655 Ryan Place Subject | $1,425,000* List Price | 3 | 2 | 1,864 | $806 | - |
A 25664 Carmel Knolls Drive Sold | $1,679,000 | 3 | 2 | 1,767 | $950 | 0.0 mi |
B 25950 Via Margarita Sold | $1,380,000 | 4 | 2 | 1,764 | $782 | 0.4 mi |
C 25990 S Carmel Hills Drive Active | $1,599,000 List Price | 3 | 2 | 1,700 | $941 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property is significantly dated, particularly in the bathrooms which feature 1970s/80s style tile and fixtures. While the home appears well-maintained with some newer laminate flooring, the overall aesthetic and systems are likely past their mid-life cycle, requiring cosmetic updates and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1864.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated in a highly desirable Carmel neighborhood, the property offers exceptional access to downtown, beaches, shopping, and medical services, all within minutes.
Built in 1960, the property likely requires modernization of its interior finishes and systems to meet contemporary luxury standards.
The home's proximity to Carmel High School and local commercial hubs may result in increased vehicle and pedestrian traffic during peak hours.
Carmel Living More Home, More Space, Great Location Imagine living in Carmel with the convenience of everything you need just minutes away. This single-level 3-bedroom, 2-bath home offers 1,864± sq. ft., pretty views and a comfortable floor plan with plenty of living space. A two-car garage provides additional parking and storage. The location makes everyday living easy, with convenient access to shopping, restaurants, medical services, local events, beautiful beaches, and all the charm of downtown Carmel. Located in the Carmel Unified School District, this home offers the space, location and lifestyle that make Carmel such a desirable place to call home. More home. More convenience. A great Carmel value.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,864 | 2,079.133 |
| Lot Size | 12,197 | 12,775.833 |
| Price | $1.43M | $3.23M |
| Price per sq ft | $764 | $1.5K |
| Built year | 1960 | 1976 |
| HOA | $125.0 | $3.0K |
| Days on market | 30 | 74 |
Aug 10, 2026
$1,425,000
Initial Listing