28088 Barn Way, Carmel, California 93923, Carmel, 93923 - 3 bed, 4 bath
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28088 Barn Way
Carmel, California 93923
ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,571Sq Ft
2,613Lot Size
Property Price
LIST PRICE$1,850,000
EST. MARKET VALUE
$1,850,000
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $1,999,000—positioned slightly above the $1,972,143 Fair Market Value. While the price reflects the premium location, the property features a Condition Rating of 2, boasting a recently remodeled expansive chef's kitchen and newly constructed decks. Situated in the prestigious Carmel Unified district, this stand-alone residence offers serene mountain and valley views. It is an ideal sanctuary for discerning professionals or owner-occupants seeking a refined, resort-style lifestyle within the exclusive Carmel Valley Ranch community.
Estimated Market Value
$1,850,000
Based on Realkey algorithm analyzing recent comparable sales in Carmel.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28088 Barn Way Subject 3 bd · 4 ba · 2,571 sqft · $720 | $1,850,000* List Price | 3 | 4 | 2,571 | $720 | - |
A 28069 Heron Court Sold 4 bd · 4 ba · 2,852 sqft · $770 · 0.1 mi | $2,195,000 | 4 | 4 | 2,852 | $770 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1981, the property has been recently remodeled and refreshed throughout. It features a newly updated expansive kitchen, newly constructed decks, and a pristine, mint-condition exterior requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Stand-Alone Privacy
As a rare stand-alone unit situated at the end of a quiet cul-de-sac, this property offers the privacy and tranquility of a single-family home while maintaining the convenience of condominium living.
- Modernized Interior & Layout
The home features a comprehensive remodel including an expansive chef's kitchen, new outdoor decks, and three full en suite bathrooms, providing a turnkey luxury experience for residents and guests.
- Prime Resort Location
Ideally positioned within Carmel Valley Ranch, the residence offers a premium lifestyle with walking access to world-class golf and fitness amenities, complemented by serene mountain and valley views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2613, other record lot size in square feet = 2480. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2571, other record living area = 2412.
- Extended Market Time
With 110 days on the market and two consecutive price reductions from the original $2.199M listing, the property has experienced slower-than-average buyer absorption for the area.
- High Carrying Costs
The monthly association fee of $817 represents a significant recurring expense that may impact the overall affordability and appeal for value-conscious buyers in this price segment.
About 28088 Barn Way
Nestled at the end of a quiet cul-de-sac within the prestigious community of Carmel Valley Ranch, this beautifully remodeled 3-bedroom with 3 full en suite baths plus 1 half bath residence offers privacy, comfort, and effortless indoor-outdoor living. As a desirable stand-alone unit, the home enjoys exceptional tranquility, enhanced by the soothing sounds of the nearby Carmel River. Recently refreshed and thoughtfully updated throughout, the home features an expansive, larger-than-average kitchen that seamlessly flows into an inviting family room perfect for entertaining or relaxed everyday living. Two fireplaces create warm gathering spaces, while oversized upstairs bedrooms provide generous comfort for family and guests alike. Newly constructed decks extend the living space outdoors, ideal for enjoying Carmel Valley's sunshine and peaceful natural surroundings. A two-car garage adds convenience and storage, completing the home's functional appeal. Ideally positioned just a short walk from the golf course and fitness center, this residence captures the best of Carmel Valley Ranch living combining resort-style amenities with the serenity of a private retreat.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 2,613 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $817.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.8 |
| Baths | 4.0 | 1.8 |
| Square foot | 2,571 | 1,173.727 |
| Lot Size | 2,613 | 1,650.545 |
| Price | $1.85M | $942.6K |
| Price per sq ft | $720 | $788 |
| Built year | 1981 | 1970 |
| HOA | $817.0 | $1.3K |
| Days on market | 150 | 84 |
Pricing History
Listed for Sale
Sep 26, 2026
$1,850,000
$1,999,000
-7% Price Drop
Initial Listing
Price Change
Jul 25, 2026
$1,999,000
$2,099,000
-5% Price Drop
Initial Listing
Price Change
Jun 25, 2026
$2,099,000
$2,199,000
-5% Price Drop
Initial Listing
Price Change
May 27, 2026
$2,199,000
Initial Listing
Sold
Aug 21, 2020
$1,036,000
Public Record