26251 Scenic Road, Carmel, California 93923, Carmel, 93923 - 3 bed, 2 bath
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Carmel, California 93923
This Iconic Front-Line Coastal Retreat is a Strong Value Opportunity, listed at $11,950,000—positioned well below the $12,756,761 Fair Market Value by 6%. This valuation gap offers $806,761 in Instant Equity for the discerning buyer. Maintaining a Condition Rating of 3, the property features unobstructed ocean views, a wrap-around deck, and access to 9/10 rated schools like Carmel River Elementary. It balances a world-class lifestyle with immediate financial upside. This is a premier 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 |
|---|---|---|---|---|---|---|
★ 26251 Scenic Road Subject | $11,950,000* List Price | 3 | 2 | 1,768 | $7,215 | - |
A 26177 Scenic Road Active | $13,500,000 List Price | 3 | 2 | 2,040 | $6,618 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained 1981 coastal home that is move-in ready. While the kitchen remains stylistically dated with 1980s-era tile countertops and flooring, it features updated stainless steel appliances. Conversely, the bathrooms have been extensively renovated with modern marble-style tiling, glass-enclosed showers, and contemporary fixtures. The overall structure, including the vaulted ceilings and expansive glass walls, is in good condition, though some common area finishes reflect the original build year.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Positioned on the prestigious 'front line' of Scenic Road, this property offers rare, unobstructed panoramic views of the Pacific Ocean and Carmel's dramatic coastline.
The home features expansive walls of glass and a wrap-around west-facing deck that maximize natural light and provide a direct connection to the crashing surf and nightly sunsets.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1768, other record living area = 1831. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At a listing price of $11.95 million for 1,768 square feet, the property represents an extremely high cost per square foot, which may limit the buyer pool to those prioritizing location over interior volume.
Built in 1981, the home may require significant ongoing maintenance or further modernization to align with the expectations of ultra-luxury buyers, particularly given the corrosive coastal environment.
Welcome to this rare opportunity to experience an elite Carmel dream house from this exceptional front line Scenic Road coastal retreat, perfectly positioned above the open Pacific with sweeping, unobstructed ocean-scapes. Designed to maximize the view and blend with relaxed California living, this home offers seamless indoor-outdoor flow, sun-filled living spaces, and a front-row vantage point to Carmels dramatic shoreline from the living room, primary bedroom suite and wrap around west-facing deck. Walls of glass frame crashing surf and vibrant nightly sunsets creating a sense of serenity and connection to nature that few properties in the world can match. Additional features include two generous-sized bedroom suites with updated baths, cozy 3rd bedroom/flexible space, an attached 2-car garage with workshop and storage, outdoor patios and intimate back yard that provide privacy, dining options and space to zoom out and unwind to the calming sights and sounds of the sea. Located just moments from two of Carmels white, sandy beaches, world-class restaurants and wine-tasting, Pebble Beach Golf links, and Carmel-by-the-Seas charming village, this is a rare opportunity to own an iconic Scenic Road address where beauty of the coastline becomes a part of your everyday life.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.5 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 | 1,768 | 2,247.5 | 34% |
| Lot Size | 6,700 | 10,533.5 | 28% |
| Price | $11.95M | $2.94M | 96% |
| Price per sq ft | $6.8K | $1.2K | 98% |
| Built year | 1981 | 1972 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 187 | 2% |
Apr 15, 2026
$11,950,000
Initial Listing
Feb 18, 1994
$1,300,000
Public Record