
Carmel, California 93923
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $1,725,000—positioned well below the $1,772,098 Fair Market Value by 2%. This valuation gap offers $47,098 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a renovated kitchen, vaulted timber ceilings, and a finished basement. Located in the top-tier Carmel Unified School District, this property is an ideal sanctuary for discerning professionals or owner-occupants seeking a move-in ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25685 Morse Drive Subject 3 bd · 2 ba · 1,544 sqft · $1,148 | $1,725,000* List Price | 3 | 2 | 1,544 | $1,148 | - |
A 25950 Via Margarita Sold 4 bd · 2 ba · 1,764 sqft · $782 · 0.3 mi | $1,380,000 | 4 | 2 | 1,764 | $782 | 0.3 mi |
B 25037 Valley Place Sold 3 bd · 2 ba · 1,774 sqft · $1,063 · 0.6 mi | $1,885,000 | 3 | 2 | 1,774 | $1,063 | 0.6 mi |
C 26085 S Carmel Hills Drive Active 3 bd · 2 ba · 1,792 sqft · $893 · 0.4 mi | $1,600,000 List Price | 3 | 2 | 1,792 | $893 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1957, the property has undergone a recent high-end renovation. The kitchen features all new appliances and cabinets, and both bathrooms are newly remodeled. With vaulted timber ceilings, new hardwood floors, and updated amenities like a new washer/dryer, the home is in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11270, living area = 1544.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated in the highly coveted Carmel River School District, this home offers exceptional proximity to downtown Carmel-by-the-Sea, Point Lobos, and local beaches, ensuring strong long-term value and lifestyle convenience.
With only 1,544 square feet of official living space, the home may feel constrained for buyers seeking a more expansive primary layout at this premium price point.
Originally constructed in 1957, the property may require ongoing attention to older mechanical or structural systems despite the high-quality cosmetic and interior upgrades.
Give yourself unparalleled access to the entire Monterey Peninsula and beyond when you move into this sun-dappled residence just minutes from downtown Carmel-by-the-Sea. Take a leisurely drive along Carmel River State Beach, or stop for a scenic walk through Point Lobos before returning to your home, peaceful and hidden behind lush greenery. Timber trusses cross the vaulted ceiling in the open living room. Hardwood floors run beneath them, stretching into a dining area set against an oversized picture window framing the Santa Lucia Mountains. Eight-inch glass panels surround clear patio doors to create a wall of glass. Updates abound throughout, including a brand new washer and dryer. Two bathrooms are newly remodeled. And the kitchen, with all new appliances, white cabinets, and a sea-glass backsplash, offers the privacy you crave while you cook, while keeping you connected. Take in the fresh coastal air on the deck, stepping down into an expansive yard to bask in the shade of California live oaks. Not counted in the square footage is an enviable basement area with hardwood floors and multiple spaces to relax and unwind. Settle into the highly desirable Carmel River School District, and into a life where the coast, the village, and the open road all sit minutes from your door.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,544 | 2,111.641 |
| Lot Size | 11,270 | 12,541.641 |
| Price | $1.73M | $3.11M |
| Price per sq ft | $1.1K | $1.4K |
| Built year | 1957 | 1972 |
| HOA | $0 | $2.2K |
| Days on market | 4 | 81 |
Oct 20, 2026
$1,725,000
Initial Listing
Dec 13, 2016
$1,085,000
Public Record
May 27, 2014
$775,000
Public Record