
Carmel Valley, California 93924
Analysis of 26245 Rinconada Drive, Carmel Valley, California 93924 is currently available with a list price of $2,200,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Carmel Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 1987, the property exceeds the 30-year age mark but avoids a 'poor' rating due to meticulous maintenance and key updates. The inclusion of a brand-new roof and visual evidence of updated hardwood flooring and a modern fireplace surround indicate a home that is move-in ready and functional, consistent with a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 100188, living area = 4924.
The expansive 4,924 sqft layout includes a self-contained lower level with a private entrance and kitchenette, perfect for rental income, a caretaker unit, or extended family.
A one-of-a-kind guest house crafted from a repurposed caboose provides a whimsical and memorable space for hosting visitors, adding significant character to the property.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =100188, other record lot size in square feet = 101494. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4924, other record living area = 4373. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 158 days on the market and multiple price reductions from the original $2.54M, the property may be facing challenges with buyer perception or initial overpricing.
Built in 1987 and marketed as having 'endless potential,' the home likely requires significant cosmetic updates or renovations to meet modern luxury standards.
Nestled in the picturesque heart of Carmel Valley, 26245 Riconada Drive is a gem that blends privacy, natural beauty, and endless potential. With a brand-new roof and over 4,900 square feet, this home has been meticulously cared for to adapt to a variety of lifestyles. Set on a spacious parcel with sweeping views of rolling hills and stately oak trees, the property invites you to craft the lifestyle of your dreams. Wake up each day to the soothing sounds of nature and take in the panoramic scenery surrounding you. The home's versatile layout is ideal for multigenerational living, featuring a downstairs level complete with its own entrance and kitchenette. This self-contained space offers incredible potential for generating rental income or can serve as a potential caretaker unit. Throughout the main house, you'll find several bonus spaces ready to be transformed into a home office, studio, home theater, or gym. Additional workshops offer endless possibilities. Adding to the property's charm is the one-of-a-kind guest house, crafted from a repurposed caboose. This whimsical space is perfect for hosting visitors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 4.0 | 2.6 |
| Square foot | 4,924 | 2,067 |
| Lot Size | 100,188 | 137,901.8 |
| Price | $2.20M | $1.79M |
| Price per sq ft | $447 | $853 |
| Built year | 1987 | 1981 |
| HOA | $0 | $846 |
| Days on market | 165 | 61 |
Aug 22, 2026
$2,200,000
$2,440,000
-10% Price Drop
Initial Listing
May 23, 2026
$2,440,000
$2,540,000
-4% Price Drop
Initial Listing
Mar 28, 2026
$2,540,000
Initial Listing
Mar 30, 2001
$1,075,000
Public Record