
Carmel Valley, California 93924
This property presents a High-Potential Investment Opportunity with a List Price of $1,645,000—positioned above the $1,554,734 Fair Market Value. While the home requires cosmetic updates, its Fair Condition Rating is offset by Panoramic Valley Views and a massive 1,200+ sqft expansion potential via the lower-level unfinished space. This Single-Level Residence offers a rare blend of privacy and development upside, making it a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term value through an ADU conversion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25955 Colt Lane Subject | $1,500,000* List Price | 4 | 4 | 2,342 | $638 | - |
A 11605 Mccarthy Road Sold | $1,640,000 | 5 | 3 | 2,277 | $720 | 0.8 mi |
B 11585 Mccarthy Road Active | $1,399,000 List Price | 4 | 3 | 2,627 | $533 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the home is over 35 years old and retains many dated features, specifically the tile countertops and oak cabinetry in the bathrooms. While the living areas have been refreshed with modern paint and flooring, the kitchen and baths lack a comprehensive modern renovation, fitting the criteria for a property that is functional but dated and in need of cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 115777, living area = 2342.
The property’s hillside position at the end of a quiet lane provides breathtaking, unobstructed vistas of the Carmel Valley landscape, filling the home with natural light.
With over 1,200 sqft of unfinished lower-level space featuring stubbed plumbing and framed windows, there is massive potential to add a guest house or ADU to increase value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1987, the home features older elements such as tile countertops that may require a capital investment to modernize and meet current luxury market expectations.
Despite the large 2.6-acre lot, the steep hillside topography likely restricts the amount of flat, functional outdoor space for traditional yard use or recreation.
Nestled at the end of a quiet country lane, this exceptional Carmel Valley retreat offers a front-row seat to some of the most captivating scenery. Morning sun fills the home as panoramic vistas stretch across the valley landscapes below. Surrounded by natural beauty and a sense of serenity, the property offers a rare opportunity to experience privacy, space, and breathtaking views with favorable schools conveniently serving the area. Positioned on a hillside, the home lives primarily as a single-level residence, with the living areas, bedrooms, and view decks all located on the main floor. Expansive windows capture the surrounding scenery, creating a seamless connection to the natural landscape. The kitchen features stainless steel appliances, tile countertops, and bar seating, an inviting space for gathering and entertaining. The primary suite features deck access, a walk-in closet, and an ensuite bath featuring dual vanities. Three additional bedrooms provide flexibility for guests, a home office, or creative pursuits. The garage level floor has an unfinished two-room area of approximately 405 sf, plus an additional 830 sf with lighting, framed windows, and stubbed plumbing. Offerring exciting possibilities such as a guest quarters or a potential ADU (buyer to verify).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,342 | 1,172 |
| Lot Size | 115,777 | 440,392 |
| Price | $1.50M | $1.86M |
| Price per sq ft | $640 | $852 |
| Built year | 1987 | 1984 |
| HOA | $1000.0 | $2.8K |
| Days on market | 48 | 78 |
Jul 9, 2026
$1,500,000
$1,645,000
-9% Price Drop
Initial Listing
Jun 4, 2026
$1,645,000
Initial Listing
Feb 8, 2000
$560,000
Public Record