
Carmel, California 93923
This Stunning Move-In Ready Condominium is a Strong Value Opportunity, listed at $1,285,000—positioned well below the $1,408,336 Fair Market Value by 8%. This valuation gap offers $123,336 in Instant Equity. Featuring a Mint Condition Rating with high-end renovations, the home offers breathtaking panoramic ocean views and unique architectural character. Located in the Carmel Unified School District near top-rated schools, this property provides a sophisticated lifestyle for Owner-Occupants or discerning professionals seeking a turnkey, one-of-a-kind coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37 Del Mesa Carmel Subject 3 bd · 2 ba · 1,835 sqft · $765 | $1,285,000* List Price | 3 | 2 | 1,835 | $765 | - |
A 249 Del Mesa Carmel Sold 2 bd · 2 ba · 1,469 sqft · $749 · 0.4 mi | $1,100,000 | 2 | 2 | 1,469 | $749 | 0.4 mi |
B 148 Del Mesa Carmel Sold 2 bd · 2 ba · 1,500 sqft · $773 · 0.2 mi | $1,160,000 | 2 | 2 | 1,500 | $773 | 0.2 mi |
C 285 Del Mesa Carmel Sold 2 bd · 2 ba · 1,544 sqft · $764 · 0.4 mi | $1,180,000 | 2 | 2 | 1,544 | $764 | 0.4 mi |
D 159 Del Mesa Carmel 159 Active 2 bd · 2 ba · 1,831 sqft · $762 · 0.2 mi | $1,395,000 List Price | 2 | 2 | 1,831 | $762 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being 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 fully updated with contemporary tile work and glass-enclosed walk-in showers. The addition of an EV charging outlet and the pristine condition of the unique bamboo ceilings and interior finishes indicate a property that is in mint, move-in-ready condition.
High School: Carmel High School (9/10).
The property offers rare and expansive vistas of the Pacific Ocean, Point Lobos, the Santa Lucia Mountains, and Carmel Valley, significantly increasing its premium appeal.
A one-of-a-kind interior design blending Polynesian and European influences, featuring imported French Villa paneling and soaring bamboo ceilings that create a sophisticated, custom feel.
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.
The association fee is $2,465 per month, which represents a significant recurring expense that may impact buyer qualification and overall investment yield.
Originally built in 1968, the property may face challenges associated with older condominium complexes, including potential future assessments or maintenance of aging common elements.
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.
No exterior & parking available.
Grades K-5 • 8.7 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| 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 | $942.6K |
| Price per sq ft | $700 | $788 |
| Built year | 1968 | 1970 |
| HOA | $2465.0 | $1.3K |
| Days on market | 61 | 84 |
Aug 24, 2026
$1,285,000
Initial Listing
Feb 20, 2024
$1,087,000
Public Record
Jun 30, 2020
$610,000
Public Record
May 1, 2015
$640,000
Public Record
Aug 10, 2009
$689,000
Public Record
Nov 9, 2007
$750,000
Public Record