26177 Scenic Road, Carmel, California 93923, Carmel, 93923 - 3 bed, 2 bath
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Carmel, California 93923
This Iconic Frontline Coastal Estate is a Strong Value Opportunity, listed at $13,500,000—positioned well below the $14,186,736 Fair Market Value by 4%. This valuation gap provides $686,736 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 3, the residence features Unobstructed Ocean Views of Pebble Beach and a rare 6,600 sq. ft. lot with significant Development Potential. With access to 9/10 Rated Schools including Carmel River Elementary, this property balances immediate lifestyle luxury with long-term asset appreciation. It is an ideal acquisition for Luxury Owner-Occupants or High-Net-Worth Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26177 Scenic Road Subject | $13,500,000* List Price | 3 | 2 | 2,040 | $6,954 | - |
A 26251 Scenic Road Active | $11,950,000 List Price | 3 | 2 | 1,768 | $6,759 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1949 build date, the property is in well-maintained, move-in ready condition. It features a clearly updated kitchen with modern custom cabinetry, stone countertops, and skylights (likely a 5-15 year old renovation). The interior shows vaulted wood-beam ceilings and clean finishes, while the exterior and decking appear functional and well-kept.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated on an elevated lot on Scenic Road, this property offers unparalleled, unobstructed views of Carmel Beach, Pebble Beach Golf Links, and Stillwater Cove, representing some of the most coveted real estate in California.
The oversized 6,600 sq. ft. lot is rare for Carmel Point and includes mentioned 'water potential,' a critical and high-value asset for future expansion or luxury redevelopment in a region with strict water constraints.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2040, other record living area = 1825.
The property features only a one-car garage, which is a notable limitation for a luxury residence at this price point where multi-vehicle storage is typically expected.
Built in 1949, the home may require substantial investment in modern seismic, electrical, and plumbing upgrades to meet the standards of contemporary high-end buyers.
Truly one of the best views on Scenic Road. This elevated frontline Carmel Point location has sweeping, unobstructed views of Carmel Beach, the ocean, Pebble Beach Golf Links and Stillwater Cove. This home has been held in the same family for generations and offers a rare combination of view, character, and potential. Once inside, enjoy single-level comfort, vaulted wood-beam ceilings, and a light-filled living room with windows that frame the coastline. The updated kitchen with skylights and custom cabinetry. The oversized lot features a spacious protected backyard with a sunny patio and gazebo surrounded by mature landscaping and the sound of crashing waves and ocean views. Includes a 1-car garage with additional storage space and a well-appointed utility room with sink and second washer and dryerperfect for beach livingor a little extra water potential for future development. Just steps to Carmels white sand beach and a short stroll to downtown Carmel, this is a once-in-a-lifetime opportunity to enjoy the ultimate beach house in one of Carmel's most iconic locations.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 2,040 | 2,247.5 | 42% |
| Lot Size | 6,600 | 10,533.5 | 28% |
| Price | $13.50M | $2.94M | 96% |
| Price per sq ft | $6.6K | $1.2K | 98% |
| Built year | 1949 | 1971 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 187 | 2% |
Apr 15, 2026
$13,500,000
Initial Listing