3600 High Meadow Drive 23, Carmel, California 93923, Carmel, 93923 - 2 bed, 2 bath
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Carmel, California 93923
This Value-Add Townhome is a High-Potential Investment Opportunity, listed at $950,000—positioned well above the $925,202 Fair Market Value by 2.6%. While currently priced above the estimated market value, the property offers significant long-term upside due to its location in the Carmel Unified School District and proximity to top-rated schools like Carmel High. Featuring a Condition Rating of 4, the home requires modernization, providing a canvas for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a serene, forested retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3600 High Meadow Drive 23 Subject | $950,000* List Price | 2 | 2 | 1,410 | $656 | - |
A 24501 Via Mar Monte 58 Active | $995,000 List Price | 2 | 2 | 1,411 | $705 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974 and held by the same family for 30 years, the property is well-maintained but significantly dated. The kitchen features older oak cabinetry and tile countertops, and the bathrooms retain vintage 'Hollywood' lighting and fixtures. While functional and move-in ready, the finishes exceed the 20-year threshold and require modern updates.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Tucked at the far end of the complex in a serene forested setting, this end-unit townhome offers exceptional privacy while remaining just minutes from Carmel’s world-class beaches, shops, and dining.
The property is situated within the highly-coveted Carmel Unified School District, with proximity to top-rated institutions like Carmel High and Carmel River Elementary, significantly enhancing long-term investment value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1554, other record lot size in square feet = 1076. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1410, other record living area = 1182.
With 95 days on market and two consecutive price reductions from the original $999,000, the property has faced difficulty securing a buyer, which may indicate a disconnect with current market expectations.
Having been held by the same family for 30 years and described with a 'functional' kitchen, the interior likely requires capital investment for cosmetic or structural updates to meet modern luxury standards.
Tucked above the Carmel coastline, this inviting townhome in the desirable High Meadows Terrace community offers privacy, natural beauty, and convenience. Nestled in a serene forested setting at the far end of the complex, the home has been lovingly cared for by the same family for 30 years and is ready for its next chapter. A private courtyard welcomes you inside to a vaulted living area w/open beam ceilings, a wood burning fireplace, and expansive windows that fill the space with natural light. The kitchen is functional, inviting, and opens directly to the courtyard for easy al fresco dining. Additional highlights include generous locked storage, an easily accessible assigned carport, and community amenities such as a pool and two tennis courts perfect for weekend enjoyment or staying active. With 1,410 square feet of light filled living space, beautifully as a full time residence or a weekend retreat. A quiet oasis just minutes from Carmel beaches, Pacific Grove, Monterey, and the charming shops and restaurants of the Peninsula. *Appraisal for $950,000. dated 10/14/2025 on file.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,410 | 1,386.5 | 50% |
| Lot Size | 1,554 | 1,039.5 | 88% |
| Price | $950.0K | $925.0K | 50% |
| Price per sq ft | $674 | $767 | 33% |
| Built year | 1974 | 1968 | 79% |
| HOA | $665.0 | $1.8K | 8% |
| Days on market | 100 | 153 | 29% |
May 14, 2026
$950,000
$975,000
-3% Price Drop
Initial Listing
Apr 3, 2026
$975,000
$999,000
-2% Price Drop
Initial Listing
Mar 6, 2026
$999,000
Initial Listing
Sep 17, 2020
$675,000
Public Record
Aug 15, 2017
$651,000
Public Record
May 4, 2007
$644,000
Public Record