
Carmel, California 93923
Analysis of 31453 Highway 1, Carmel, California 93923 is currently available with a list price of $13,500,000. 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.
The property is in move-in ready condition and has been meticulously maintained. While built in 1992, it features significant high-end updates including modern black-framed windows, professional-grade stainless steel kitchen appliances, and updated wide-plank hardwood flooring. The architectural details like vaulted beamed ceilings and stone fireplaces are in excellent shape, and the luxury amenities—including the home theater, sauna, and extensive outdoor kitchen with a pizza oven—show no signs of deferred maintenance, aligning with the standards of a well-maintained estate within the 15-30 year update cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 283140, living area = 8855.
The estate offers unparalleled vistas stretching from Yankee Point to Big Sur, providing a dramatic backdrop of the Pacific Ocean and Santa Lucia Mountains from nearly every primary living space.
This private retreat is exceptionally equipped for entertainment and wellness, featuring a home theater, sauna, wine cellar, pool, hot tub, and a professional-grade outdoor kitchen with a pizza oven.
The property carries a substantial $5,000 association fee and, given the expansive acreage and square footage, will require a high budget for ongoing maintenance, landscaping, and utilities.
Built in 1992, some of the contemporary architectural elements and internal systems may require updates to align with the aesthetic and energy-efficiency expectations of modern ultra-luxury buyers.
Set between the dramatic Carmel coastline and the Santa Lucia Mountains lies a private retreat in perfect balance with land and sea. Stone steps lead to this five-bedroom, six-bathroom contemporary coastal chalet, where a tiled foyer and vaulted, beamed ceilings create an immediate sense of grandeur. At its heart, a living room with a stone fireplace and soaring ceilings is bathed in light from expansive windows and skylights, offering stunning views from Yankee Point to Big Sur. The chef's kitchen features custom cabinetry, a spacious island, and a breakfast bar, flowing seamlessly into the dining room, bar, and outdoor BBQ space. The primary suite is a luxurious retreat with ocean views, a wood-burning fireplace, terrace access, and a spa-like bath with a walk-in closet. Four additional bedrooms offer comfort for family and guests. Outside, enjoy a pool, hot tub, pizza oven, grill, and firepit terrace surrounded by beautifully landscaped grounds. Additional highlights include a home theater, sauna, wine cellar, dual offices, and a private guest suite with its own entrance and full amenities. This rare estate in Victorine Ranch offers timeless beauty, privacy, and a legacy of luxury just minutes from downtown Carmel.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 6.0 | 3.0 | 94% |
| Square foot | 8,855 | 2,327 | 96% |
| Lot Size | 283,140 | 10,840 | 92% |
| Price | $13.50M | $2.94M | 96% |
| Price per sq ft | $1.5K | $1.2K | 68% |
| Built year | 1992 | 1972 | 78% |
| HOA | $5000.0 | $0 | 98% |
| Days on market | 352 | 189 | 92% |
Apr 1, 2026
$13,500,000
$14,500,000
-7% Price Drop
Initial Listing
May 5, 2025
$14,500,000
Initial Listing