
Carmel Valley, California 93923
Analysis of 27460 Loma Del Rey, Carmel Valley, California 93923 is currently available with a list price of $1,893,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1976, the property is well-maintained but features highly dated original elements including 1970s-era orange kitchen tiles, white appliances, and a sunken turquoise-tiled primary tub. While the 'organic' aesthetic is preserved, the kitchen and bathrooms are over 40 years old without significant modern renovations, and the guest house utilizes older wall-unit heating systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1817.
The property features a fully equipped detached guest house with a kitchen, bedroom, and private deck, providing excellent potential for rental income or multi-generational living.
Situated on nearly an acre of sun-drenched land in Carmel Valley, the grounds offer a serene retreat with whimsical gardens, pebble paths, and a dedicated yoga area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The eclectic 1976 interior, featuring bright orange kitchen tiles and heavy wood paneling, may be perceived as dated and could require significant investment to modernize for mainstream tastes.
A significant price reduction from the original list price suggests the property may have faced initial challenges with market positioning or valuation.
Weathered sage doors with carved accents and a lizard knocker announce that whoever lives here sees the world differently. Ivy twists up a warm brick facade, past lace curtains and painted shutters. Built in 1976 and suffused with the organic warmth of that era, this single-level home sits on nearly an acre of sun-drenched land where birdsong and fountain tinkle are the only sounds that reach you. A massive double-sided river rock fireplace anchors a sunken living room where wall-to-wall windows slide open onto a wraparound deck with a built-in hot tub. Keep walking, and find yourself amid gardens of breathtaking whimsy: pebble paths winding through succulents and wildflowers, rust-patinated iron sculptures, and a covered yoga area. Bright orange kitchen tiles, wood paneling, and earth tones create an eclectic yet cohesive interior. Nothing prepares you for the primary bathroom: river rock walls, a sunken turquoise-tiled tub, and a window framing sculptural driftwood. It feels like a grotto. A detached guest house awaits with a full kitchen, family room, dining area, private bedroom, and its own deck. Perfect as a rental income opportunity or a retreat for visiting family. This spectacular property makes you reconsider what a home can be.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,817 | 2,247.5 | 36% |
| Lot Size | 43,560 | 10,840 | 70% |
| Price | $1.89M | $2.85M | 28% |
| Price per sq ft | $1.0K | $1.1K | 40% |
| Built year | 1976 | 1972 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 187 | 6% |
Apr 8, 2026
$1,893,000
$2,064,000
-8% Price Drop
Initial Listing
Mar 26, 2026
$2,064,000
Initial Listing
Jan 30, 1998
$401,000
Public Record