37 Del Mesa Carmel, Carmel, California 93923, Carmel, 93923 - 3 bed, 2 bath
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37 Del Mesa Carmel
Carmel, California 93923
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,835Sq Ft
0Lot Size
Property Price
LIST PRICE$1,285,000
EST. MARKET VALUE
$1,410,507
8% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $1,285,000—positioned well below the $1,410,508 Fair Market Value by 8%. This valuation gap provides $125,508 in Instant Equity. Featuring a Mint Condition Rating and sophisticated Polynesian-European design, the home offers Panoramic Ocean Views and rare Bonus Workshop Space. Located in the Carmel Unified School District near top-rated schools, this property is an ideal sanctuary for Owner-Occupants or discerning professionals seeking a refined, move-in-ready lifestyle.
Estimated Market Value
$1,410,507+$125,507 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 |
|---|---|---|---|---|---|---|
★ 37 Del Mesa Carmel Subject | $1,285,000* List Price | 3 | 2 | 1,835 | $769 | - |
A 249 Del Mesa Carmel Sold | $1,100,000 | 2 | 2 | 1,469 | $749 | 0.4 mi |
B 148 Del Mesa Carmel Sold | $1,160,000 | 2 | 2 | 1,500 | $773 | 0.2 mi |
C 285 Del Mesa Carmel Sold | $1,180,000 | 2 | 2 | 1,544 | $764 | 0.4 mi |
D 7026 Valley Greens Circle 20 Sold | $1,150,000 | 2 | 2 | 1,559 | $738 | 0.8 mi |
E 130 Del Mesa Carmel Active | $1,199,000 List Price | 2 | 2 | 1,469 | $816 | 0.3 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 1968, the property has undergone a high-end, comprehensive renovation within the last 5 years. The kitchen features modern white cabinetry, stone countertops, and premium stainless steel appliances. The designer bathrooms are updated with contemporary tile work and walk-in showers. The addition of an EV charging outlet indicates updated electrical systems, and the overall interior is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Carmel High School (9/10).
- Panoramic Views
The property boasts exceptional sweeping vistas of the Pacific Ocean, Point Lobos, the Santa Lucia Mountains, and Carmel Valley, providing a rare and highly desirable visual backdrop.
- Unique Architectural Character
A sophisticated blend of Polynesian and European influences, including imported French Villa paneling and bamboo detailing, creates a one-of-a-kind aesthetic that stands out in the market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1835, other record living area = 1480. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Carrying Costs
The monthly association fee of $2,465 is substantial and may be a deterrent for buyers sensitive to high recurring non-mortgage expenses.
- Property Age
Built in 1968, the property may require more frequent maintenance or updates to its underlying systems compared to newer residential developments.
About 37 Del Mesa Carmel
Located in one of Del Mesa's most captivating settings, this extraordinary home is an artful blend of California sophistication, Polynesian influence, & European character, all framed by breathtaking panoramic views. From the moment you enter, your eye is drawn across the expansive great room to sweeping vistas of the Pacific Ocean, Pt. Lobos, the Santa Lucia Mountains & Carmel Valley. Soaring ceilings, a dramatic fireplace, bamboo ceiling & trim, & a soft sophisticated color palette, create an atmosphere that feels both exotic & wonderfully serene. The beautifully designed kitchen features a raised ceiling & skylight, filling the space with natural light. Designer baths offer elegant finishes & spacious walk-in showers. One bedroom is especially memorable, featuring distinctive paneling imported from a French Villa, while another third bedroom/library offers a built-in Murphy bed. The subtle Polynesian inspired detail lends warmth & individuality. Downstairs, there is a large bonus storage area, an open workshop, and a separate room for hobbies or projects. Distinctive. Sophisticated. Serene. Unquestionably One-of-a-Kind. The carport even has an EV charging outlet. Sit back, relax, and enjoy all of the additional amenities included in carefree living at Del Mesa.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1968
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2465.0 / Month
Neighborhood Insights
Carmel Unified Schools
Tularcitos Elementary School
Grades K-5 • 8.7 mi
7/10
Carmel Middle School
Grades 6-8 • 1.2 mi
8/10
Carmel High School
Grades 9-12 • 2.1 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.8 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,835 | 1,173.727 |
| Lot Size | - | 1,650.545 |
| Price | $1.28M | $949.9K |
| Price per sq ft | $700 | $790 |
| Built year | 1968 | 1970 |
| HOA | $2465.0 | $1.3K |
| Days on market | 16 | 69 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,285,000
Initial Listing
Sold
Feb 20, 2024
$1,087,000
Public Record
Sold
Jun 30, 2020
$610,000
Public Record
Sold
May 1, 2015
$640,000
Public Record
Sold
Aug 10, 2009
$689,000
Public Record
Sold
Nov 9, 2007
$750,000
Public Record