3540 Oak Place, Carmel, California 93923, Carmel, 93923 - 4 bed, 3 bath
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3540 Oak Place
Carmel, California 93923
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,526Sq Ft
10,400Lot Size
Property Price
LIST PRICE$2,895,000
EST. MARKET VALUE
$3,059,699
5% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $2,895,000—positioned well below the $3,059,700 Fair Market Value by 5%. This valuation gap offers $164,700 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end finishes like Jerusalem stone floors and a Viking kitchen, this home offers a serene lifestyle on a 10,400 sqft lot. It is an ideal acquisition for discerning homeowners or long-term investors seeking a premium Carmel property.
Estimated Market Value
$3,059,699+$164,699 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3540 Oak Place Subject 4 bd · 3 ba · 2,526 sqft · $1,211 | $2,895,000* List Price | 4 | 3 | 2,526 | $1,211 | - |
A 25865 N Mesa Drive Active 3 bd · 3 ba · 2,681 sqft · $1,324 · 0.2 mi | $3,550,000 List Price | 3 | 3 | 2,681 | $1,324 | 0.2 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 1960, the property has undergone a high-end renovation within the last 5 years. The kitchen features a Viking range and farmhouse sink, while the bathrooms are modern with floating vanities, steam showers, and mosaic tiling. The addition of Jerusalem stone floors, heated hallway floors, and newer Sierra Pacific sliding doors indicates mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10400, living area = 2526.
- Prime Location & Privacy
Situated at the end of a quiet cul-de-sac with a gated entrance, this property offers a serene retreat while remaining just minutes from Carmel Beach and village amenities.
- High-End Finishes
The interior features premium materials including Jerusalem stone floors, Viking appliances, and handcrafted mosaics, reflecting a high standard of craftsmanship and luxury.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Vintage Infrastructure
Originally built in 1960, the property may possess older underlying systems or structural elements that lack the efficiency of modern new-construction standards.
- Limited View Profile
While offering a pleasant wooded outlook, the property lacks the iconic ocean or panoramic views often sought by buyers at this premium price point in Carmel.
About 3540 Oak Place
Come home to the quieter side of Carmel. At the end of a peaceful cul-de-sac, a gated entrance framed by hand-laid Santa Lucia stone opens to a single-level home filled with light, warmth, and distinctive details. Picture evenings by the living-room fireplace, friends gathered in the kitchen, and leisurely mornings just minutes from Carmel Beach and village cafes. Oak and Jerusalem stone floors, handcrafted mosaics, and tray ceilings lend character throughout approximately 2,526 square feet. A Viking range and farmhouse sink anchor the kitchen, while the spacious primary suite invites you to unwind with a soaking tub, steam shower, skylight, gas fireplace, and generous closet space. Heated hallway floors and newer Sierra Pacific sliding doors add everyday comfort. Set on a level lot of approximately 10,400 square feet, this home deserves more than a glance come experience its charm, explore its thoughtful details, and imagine your life here.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 10,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,526 | 2,111.641 |
| Lot Size | 10,400 | 12,541.641 |
| Price | $2.90M | $3.11M |
| Price per sq ft | $1.1K | $1.4K |
| Built year | 1960 | 1972 |
| HOA | $0 | $2.2K |
| Days on market | 15 | 81 |
Pricing History
Listed for Sale
Oct 9, 2026
$2,895,000
Initial Listing
Sold
Jan 20, 2005
$926,000
Public Record