
Carmel, California 93923
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,529,000—positioned well below the $1,680,563 Fair Market Value by 9%. This valuation gap provides $151,563 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with extensive modern renovations, this home offers a private patio and a spacious 10,454 sq. ft. lot. Located in the prestigious Carmel Unified School District near top-rated schools, this property is an ideal acquisition for Owner-Occupants or discerning families seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25950 Via Margarita Subject | $1,529,000* List Price | 4 | 2 | 1,764 | $953 | - |
A 25664 Carmel Knolls Drive Sold | $1,679,000 | 3 | 2 | 1,767 | $950 | 0.4 mi |
B 25601 Carmel Knolls Drive Sold | $1,750,000 | 2 | 2 | 1,695 | $1,032 | 0.4 mi |
C 25636 Morse Drive Active | $1,750,000 List Price | 3 | 2 | 1,726 | $1,014 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1959, the property has undergone extensive remodeling including updated plumbing, electrical, roof, kitchen, and bathrooms. The interior features modern recessed lighting, updated flooring, and contemporary doors, making it a well-maintained, move-in ready home that fits the 5-15 year renovation criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1764.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
The property has been extensively updated with new plumbing, sewer lateral, electrical, roof, and remodeled kitchen and bathrooms, offering a turnkey, move-in ready experience for buyers.
The property has seen two significant price reductions within 34 days, dropping from $1.699M to $1.529M, which may suggest initial overpricing or a cooling of immediate buyer interest.
For a 4-bedroom family home, having only 2 bathrooms may be a constraint for larger households and could impact the property's competitive edge against more modern layouts.
Tucked away at the end of a quiet cul-de-sac in the heart of Carmel, this beautifully maintained 4-bedroom, 2-bath home offers 1,764 sq. ft of comfortable living space with an attached 2-car garage. Ideally located just a half mile from Carmel High School, the home has been extensively remodeled over the years, including updated plumbing and sewer lateral, electrical, roof, bathrooms, kitchen, garage, and landscaping. Thoughtfully improved and move-in ready, this centrally-located property is a wonderful opportunity for those seeking a great family home in a prime Carmel location.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,764 | 2,403 | 27% |
| Lot Size | 10,454 | 9,333 | 53% |
| Price | $1.53M | $3.00M | 8% |
| Price per sq ft | $867 | $1.3K | 18% |
| Built year | 1959 | 1971 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 193 | 2% |
Jun 6, 2026
$1,529,000
$1,649,000
-7% Price Drop
Initial Listing
May 24, 2026
$1,649,000
$1,699,000
-3% Price Drop
Initial Listing
May 3, 2026
$1,699,000
Initial Listing
May 1, 2013
$385,000
Public Record