
Carmel, California 93923
This Single Family Residence in lower Hatton Fields represents a High-Potential Investment Opportunity, listed at $1,850,000—positioned well above the $1,766,084 Fair Market Value by -4%. While the home requires modernization, its Condition Rating of 4 and flexible floor plan, including a private bonus room, offer significant value-add potential. Located in the top-rated Carmel Unified School District with a large 7,841 sqft lot and private patio, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic renovation project in a premier neighborhood.
Property is moderate renovation needed.
Built in 1959, the property has received a cosmetic 'refresh' including new paint and carpet, but the core high-value areas remain dated. The kitchen features older blue tile countertops and the bathrooms retain vintage yellow square tiling, indicating these spaces are likely 30+ years old. While functional and move-in ready, the home requires modernization of the kitchen, baths, and likely older systems to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1894.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated in the highly coveted lower Hatton Fields neighborhood and served by the top-rated Carmel Unified School District, the property offers exceptional long-term value and lifestyle appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7841, other record lot size in square feet = 7900. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally built in 1959, the property may require future investment in core systems or structural modernization that goes beyond the recent cosmetic refreshments.
With under 1,900 square feet of living space, the home may feel small for buyers seeking more expansive room sizes or a larger footprint at this price point.
Nestled in highly sought-after lower Hatton Fields, this beautifully refreshed four bed, three bath offers the perfect blend of comfort, functionality, and timeless charm. Recently refreshed with new interior paint, carpeting, window coverings, and some modern fixtures throughout, the home is move-in ready and designed for effortless living. The heart of the home is the expansive living/dining room, featuring soaring open-beam ceilings, a classic brick fireplace, and abundant natural light from large windows and sliding glass doors that open to a private patio and backyard ideal for entertaining or relaxing in a peaceful garden setting. Adjacent to the living area, the spacious kitchen offers generous cabinetry, stainless steel appliances, and a cozy breakfast nook perfect for casual dining. The thoughtful floor plan provides flexibility for a variety of lifestyles, including a private fourth bedroom with its own entrance and full bath. The primary suite features built-in closet storage and a private bath, while two additional bedrooms share a well-appointed hall bathroom. Located minutes from the beauty and conveniences of Carmel, this property presents a rare opportunity to move right in or strategically update and add value to one of Carmel's most coveted neighborhoods.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,894 | 1,978 |
| Lot Size | 7,841 | 5,500 |
| Price | $1.85M | $3.29M |
| Price per sq ft | $977 | $1.6K |
| Built year | 1959 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 42 | 73 |
Jun 10, 2026
$1,850,000
Initial Listing