28088 Barn Way, Carmel, California 93923, Carmel, 93923 - 3 bed, 4 bath
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Carmel, California 93923
This Turnkey Stand-Alone Condominium is a Strong Value Opportunity, listed at $2,199,000—positioned well below the $2,416,937 Fair Market Value by 9%. This valuation gap offers $217,937 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a remodeled kitchen, newly constructed decks, and mountain views. Located in the Carmel Unified district, this residence offers a serene, resort-style lifestyle. It is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28088 Barn Way Subject | $2,199,000* List Price | 3 | 4 | 2,571 | $940 | - |
A 9563 Oak Court Sold | $2,614,150 | 3 | 3 | 2,600 | $1,005 | 0.6 mi |
B 10427 Fairway Lane Active Under Contract | $1,750,000 List Price | 3 | 4 | 2,209 | $792 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1981 but recently refreshed and thoughtfully updated. The kitchen features high-end stainless steel appliances (Sub-Zero) and granite countertops, while bathrooms show modern glass enclosures and updated tiling. The property is in move-in ready condition with newly constructed decks and well-maintained hardwood floors, though the cabinetry style suggests the primary renovation occurred within the 5-15 year range.
As a rare stand-alone condominium situated at the end of a quiet cul-de-sac, this property offers the exceptional privacy and tranquility of a single-family residence within a prestigious community.
The home features a recently remodeled expansive kitchen and three full en suite bathrooms, providing a contemporary, high-end living experience that is move-in ready.
Ideally positioned within walking distance to Carmel Valley Ranch golf and fitness amenities, the property perfectly blends resort-style convenience with the serenity of nearby river sounds and mountain views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2571, other record living area = 2412.
The monthly association fee of $817 is relatively high, which adds a significant recurring expense to the overall cost of ownership.
Despite its detached nature, the property is legally a condominium, which may subject the owner to stricter HOA regulations and different appreciation patterns compared to traditional single-family homes.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 88% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 2,571 | 1,375.5 | 92% |
| Lot Size | 2,479 | 1,039.5 | 88% |
| Price | $2.20M | $934.5K | 92% |
| Price per sq ft | $855 | $774 | 75% |
| Built year | 1981 | 1968 | 88% |
| HOA | $817.0 | $1.7K | 17% |
| Days on market | 10 | 165 | 4% |
May 27, 2026
$2,199,000
Initial Listing
Aug 21, 2020
$1,036,000
Public Record