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$1,999,000
EST. MARKET VALUE
$1,972,143
SUMMARY
This Turnkey Condominium is listed at $1,999,000, reflecting a stable valuation aligned with its $1,972,143 Fair Market Value. As a rare stand-alone unit in Carmel Valley Ranch, this residence offers a Mint Condition Rating following a comprehensive remodel, including an expansive chef's kitchen and newly constructed decks. Residents enjoy a serene lifestyle with mountain and valley views and proximity to world-class golf and fitness amenities. This property provides a sophisticated, low-maintenance retreat, making it an ideal acquisition for discerning professionals or owner-occupants seeking a move-in ready sanctuary.
Estimated Market Value
$1,972,143
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 | $1,999,000* List Price | 3 | 4 | 2,571 | $767 | - |
A 28069 Heron Court Pending | $2,195,000 List Price | 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.
While originally built in 1981, the property has been recently remodeled and refreshed throughout. It features a modern, expansive kitchen, updated en suite bathrooms, and newly constructed decks, meeting the criteria for a high-end, mint-condition renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Stand-Alone Privacy
As a rare stand-alone condominium unit situated at the end of a quiet cul-de-sac, this property offers the privacy and tranquility of a single-family residence while benefiting from the prestigious Carmel Valley Ranch setting.
- Modernized Turnkey Interior
The residence has been thoughtfully remodeled with an expansive chef's kitchen, newly constructed decks, and three full en suite bathrooms, providing a contemporary and move-in-ready luxury experience.
- Prime Resort Location
Ideally positioned within walking distance to world-class golf and fitness amenities, the home captures the quintessential Carmel Valley lifestyle with scenic mountain views and proximity to the Carmel River.
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 Stagnation
With 100 days on the market and two consecutive price reductions from the original $2.199M list price, the property is experiencing a slower absorption rate compared to the broader luxury market.
- High Carrying Costs
The monthly association fee of $817 represents a significant recurring expense that may impact the overall value proposition for buyers sensitive to high fixed ownership costs.
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 | $2.00M | $949.9K |
| Price per sq ft | $778 | $790 |
| Built year | 1981 | 1970 |
| HOA | $817.0 | $1.3K |
| Days on market | 105 | 69 |
Pricing History
Listed for Sale
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