
Carmel Valley, California 93924
This Spacious Multi-Level Residence is a Strong Value Opportunity, listed at $1,650,000—positioned well below the $1,709,607 Fair Market Value by 3%. This valuation gap offers $59,607 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic modernization of its 1971 interiors. With Panoramic South-Facing Views, a Large 15,246 SqFt Lot, and a versatile floor plan, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential Carmel Valley home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37 Poppy Road Subject | $1,650,000* List Price | 4 | 3 | 2,884 | $593 | - |
A 12 Merrill Way Sold | $1,200,000 | 3 | 2 | 1,772 | $677 | 0.4 mi |
B 8 Buena Vista Del Rio Active | $1,595,000 List Price | 4 | 3 | 2,320 | $688 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the property is well-maintained but reflects its age with dated finishes. The kitchen and bathrooms appear to have been renovated approximately 20-25 years ago, featuring glass block walls, gold-trimmed showers, and older cabinetry styles. While functional and move-in ready, the home requires cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 2884.
The home features stunning south-facing panoramic views from Penon Peak to Elephant Mountain, complemented by floor-to-ceiling glass walls that flood the interior with natural light.
With a primary suite on the main level and a fully independent lower-level retreat featuring its own family room and private decks, the layout is ideal for multi-generational living or guest privacy.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1971, the property may require updates to its original systems or cosmetic finishes to meet contemporary luxury standards and energy efficiency.
While providing excellent views, the hillside topography and multi-level deck configuration may limit the amount of flat, usable yard space for certain outdoor activities.
WITH GLORIOUS SOUTH-FACING VIEWS from Penon Peak to Elephant Mountain, this remarkable Carmel Valley residence delivers quintessential California indoor-outdoor living. Featuring soaring pickled open-beam wood ceilings and sweeping wall of glass rooms, natural light pours into every corner of the main floor. Designed for both grand entertaining and everyday comfort, this dream house showcases a striking multi-colored slate fireplace in the living room, a primary suite, an additional bedroom and full bath, and a flexible office easily adapted as a fifth bedroom. Downstairs creates an ideal independent retreat, complete with a south-facing family room with brick fireplace, two bedrooms at opposite ends, a full bath and private viewing decks outside every room above the large back yard. Truly a special place to live, this wonderful Valley home is all about embracing the beauty of nature and all the wonders of Carmel Valley Village and beyond.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 3.0 | 2.6 |
| Square foot | 2,884 | 2,067 |
| Lot Size | 15,246 | 137,901.8 |
| Price | $1.65M | $1.79M |
| Price per sq ft | $572 | $853 |
| Built year | 1971 | 1981 |
| HOA | $0 | $846 |
| Days on market | 25 | 61 |
Aug 15, 2026
$1,650,000
Initial Listing