3600 Via Mar Monte, Carmel, California 93923, Carmel, 93923 - 5 bed, 4 bath
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Carmel, California 93923
This custom Spanish Mediterranean estate represents a High-Potential Investment Opportunity, listed at a List Price of $2,785,000—positioned well below the $2,785,000 Fair Market Value (reflecting a stable market entry). Featuring a 5-bedroom, 4-bathroom layout on a 1.3-acre lot, the property offers significant upside through modernization of its Condition Rating 5 interiors. With sweeping valley views and a prime location near Carmel-by-the-Sea, this asset is ideal for Value-Add Investors or Owner-Occupants seeking to customize a private, high-end coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3600 Via Mar Monte Subject | $2,785,000* List Price | 5 | 4 | 4,631 | $601 | - |
A 3640 Via Mar Monte Active | $2,100,000 List Price | 4 | 4 | 2,821 | $744 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1991, the property is 33 years old and retains its original construction finishes. The kitchen and bathrooms feature dated 1990s oak cabinetry, tile countertops, and brass/gold fixtures. While the home appears well-maintained, the age of the systems and the 'old-fashion' interior require a major rehab to meet modern luxury standards, consistent with the provided criteria for properties over 30 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57499, living area = 4631.
Priced at approximately $601 per square foot following a significant $710,000 reduction, this estate represents the lowest-priced home in Carmel, offering a rare value proposition for the area.
Set on a generous 1.3-acre lot within the prestigious Rancho Mar Monte enclave, the property offers total seclusion just five minutes from the beaches and boutiques of Carmel-by-the-Sea.
With 120 days on the market and over a dozen price reductions, the property has faced challenges in finding its market value, which may create a perception of stagnancy among buyers.
Built in 1991, the home may require updates to its original systems and finishes to meet the contemporary aesthetic and functional standards expected in the luxury Carmel market.
$710,000 Reduced! $601/ft By far the lowest priced home in Carmel! Watch 2 Videos & 3D Tour. Tucked within the prestigious enclave of Rancho Mar Monte this custom-built Spanish Mediterranean estate offers exceptional privacy just five minutes from the beaches, dining, and boutiques of Carmel-by-the-Sea. Set on approximately 1.3 acres, the residence spans 4,631 square feet of open-concept living with sweeping valley views from most rooms. The five-bedroom, four-bathroom layout balances spacious entertaining areas with comfortable everyday living. Architectural details include Spanish tile, handcrafted mahogany doors, soaring ceilings, and bay windows that fill the home with natural light. Fireplaces anchor the formal living room, family room, and primary suite. The gourmet kitchen is designed for entertaining and daily life, featuring high-end appliances, a butcher-block island, and a large chefs pantry. A formal dining room, breakfast nook, and breakfast bar offer multiple dining options. The expansive primary suite enjoys valley views, a fireplace, and a spa-style bath with jetted tub, separate shower, and an additional fireplace. With generous outdoor space, rare privacy near town, and classic Mediterranean craftsmanship, quiet, private, and minutes from the coast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 4.0 | 3.0 | 67% |
| Square foot | 4,631 | 2,461 | 90% |
| Lot Size | 57,499 | 9,333 | 78% |
| Price | $2.79M | $3.00M | 45% |
| Price per sq ft | $601 | $1.3K | 4% |
| Built year | 1991 | 1971 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 124 | 192 | 37% |
Jun 9, 2026
$2,785,000
$2,795,000
+0% Price Increase
Initial Listing
Jun 4, 2026
$2,795,000
$2,895,000
-3% Price Drop
Initial Listing
May 27, 2026
$2,895,000
$2,929,000
-1% Price Drop
Initial Listing
May 19, 2026
$2,929,000
$2,949,000
-1% Price Drop
Initial Listing
May 11, 2026
$2,949,000
$2,965,000
-1% Price Drop
Initial Listing
May 6, 2026
$2,965,000
$2,975,000
+0% Price Increase
Initial Listing
Apr 29, 2026
$2,975,000
$2,985,000
+0% Price Increase
Initial Listing
Apr 10, 2026
$2,985,000
$3,195,500
-7% Price Drop
Initial Listing
Apr 1, 2026
$3,195,500
$3,356,845
-5% Price Drop
Initial Listing
Mar 25, 2026
$3,356,845
$3,390,750
-1% Price Drop
Initial Listing
Mar 16, 2026
$3,390,750
$3,425,000
-1% Price Drop
Initial Listing
Mar 11, 2026
$3,425,000
$3,460,050
-1% Price Drop
Initial Listing
Mar 9, 2026
$3,460,050
Initial Listing
Feb 9, 2026
$3,495,000
Initial Listing