3 Refugio Trace, Carmel, California 93923, Carmel, 93923 - 4 bed, 3 bath
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Carmel, California 93923
Analysis of 3 Refugio Trace, Carmel, California 93923 is currently available with a list price of $3,895,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Built in 2004, this architectural residence is approximately 20 years old and remains in move-in ready condition. The home features high-end, timeless materials including waxed concrete flooring, Douglas Fir ceilings, and custom cabinetry that reflect superior craftsmanship. While the property is approaching the 20-year mark and lacks a recent full-scale renovation, its location in the exclusive Santa Lucia Preserve and the use of premium finishes suggest it has been well-maintained and remains functional and stylish by modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1291118, living area = 2926.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Designed by Cathy Schwabe, this home features a masterful fusion of Craftsman and Modernist styles with premium materials like Douglas Fir ceilings and waxed concrete floors.
The monthly association fee of $2,977 is exceptionally high, which may be a deterrent for buyers concerned with significant ongoing fixed expenses.
While offering privacy, the property is located nearly 10 miles from central Carmel and top-rated schools, which may be inconvenient for daily commuting or errands.
Experience a masterful fusion of Craftsman and Modernist design in this California Classic Ranch-Style home, nestled in the Santa Lucia Preserve community. Designed by architect Cathy Schwabe, this exceptional residence thoughtfully balances the coastal climate with the sun-filled days of The Preserve. Set on a stunning 30-acre parcel, the home seamlessly blends with its natural surroundings. The exterior harmonizes with the golden hues of the Savanna grasses, while the interior exudes warmth & charm. Waxed concrete floors and Douglas Fir ceilings showcase exquisite craftsmanship, with painted ceilings mirroring the sky and custom cabinetry reflecting the lace lichen of the surrounding ancient oaks. The floor plan is designed for effortless living. The west wing features a primary suite and an office/guest room, while the east wing offers two guest bedrooms and a shared bath. At the heart of the home lies a spacious communal area, including a sunroom that welcomes morning light year-round. The generous 3-acre building envelope offers opportunities for expansion allowing for a guest house, caretaker cottage, barn, outdoor living spaces, and a pool with breathtaking views. Embrace the lifestyle and natural beauty of The Preserve.This residence is more than a home - it's a sanctuary
No exterior & parking available.
Grades K-5 • 3.1 mi
Grades K-5 • 9.8 mi
Grades 6-8 • 8.6 mi
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 | 2,926 | 2,327 | 74% |
| Lot Size | 1,291,118 | 10,840 | 96% |
| Price | $3.90M | $2.94M | 72% |
| Price per sq ft | $1.3K | $1.2K | 64% |
| Built year | 2004 | 1972 | 86% |
| HOA | $2977.0 | $0 | 98% |
| Days on market | 445 | 189 | 96% |
Mar 9, 2026
$3,895,000
Initial Listing
Feb 1, 2025
$5,275,000
Initial Listing
Mar 3, 2000
$1,400,000
Public Record