
Carmel, California 93923
Analysis of 28 Potrero Trail, Carmel, California 93923 is currently available with a list price of $6,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Carmel 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 new construction or fully renovated.
Brand new 2025 construction nearing completion. The property features a modern architectural design with high-end finishes, a custom kitchen, and brand-new systems, meeting all criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1287634, living area = 3996.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated on nearly 30 acres within the exclusive Santa Lucia Preserve, this property offers unparalleled privacy and a deep connection to nature.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3996, other record living area = 6603. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The property is sold in its current state, requiring the buyer to manage and fund the final stages of construction and interior detailing before occupancy.
With an association fee of $3,576 and a $6.5 million price point for an unfinished home, the ongoing and immediate capital requirements are substantial.
Nestled within the unrivaled beauty of the Santa Lucia Preserve, 28 Potrero Trail represents a rare opportunity to step into a brand-new architectural masterpiece just as it nears the finish line. Situated on an expansive parcel of nearly 30 acres, the estate offers an extraordinary sense of seclusion and complete privacy, serving as a sophisticated sanctuary waiting for your final, personal flourishes to bring its vision to life. Spanning 3,996 square feet of meticulously designed main living space, the residence offers 5 spacious bedrooms and 4.5 bathrooms. Below the main level lies a remarkable 2,607-square-foot basement. Whether you envision a world-class wine cellar, a private cinema, a high-tech wellness suite, or a sprawling creative studio, this bonus space provides the scale to make it happen. While the heavy lifting of construction is largely complete, the property is being offered in its current state, allowing the next owner the distinct privilege of selecting the final textures, fixtures, and details. Living in the Preserve means embracing a lifestyle of deep connection to nature, all while being minutes from the dining and culture of Carmel-by-the-Sea.
No exterior & parking available.
Grades K-5 • 5.3 mi
Grades K-5 • 6.2 mi
Grades 6-8 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.8 |
| Square foot | 3,996 | 2,079.133 |
| Lot Size | 1,287,634 | 12,775.833 |
| Price | $6.50M | $3.23M |
| Price per sq ft | $1.6K | $1.5K |
| Built year | 2025 | 1976 |
| HOA | $3576.0 | $3.0K |
| Days on market | 40 | 74 |
Jul 31, 2026
$6,500,000
Initial Listing
May 16, 2017
$515,000
Public Record