37140 Nason Road, Carmel Valley, California 93924, Carmel Valley, 93924 - 4 bed, 2 bath
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Carmel Valley, California 93924
Analysis of 37140 Nason Road, Carmel Valley, California 93924 is currently available with a list price of $795,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Carmel Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property, built in 1971, features two residences that are functional but dated. While the newer unit includes radiant heating, the kitchen cabinetry and appliances appear to be 15-30 years old. The exterior outbuildings show significant wear, and the overall aesthetic requires cosmetic updates and minor repairs 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 = 82328, living area = 1700.
The property features two separate homes on one lot, providing excellent opportunities for multi-generational living or generating significant rental income.
Spanning approximately 1.89 acres of mostly usable land, the grounds offer rare flexibility for livestock, gardening, or large-scale equipment storage in a peaceful setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 702. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
With a combined living area of only 1,700 square feet across two separate residences, the individual floor plans may feel undersized for larger families.
The original 1971 construction and the 'rustic' nature of the second home suggest potential needs for modernization or repairs to meet contemporary standards.
Rare opportunity to own a versatile Carmel Valley property featuring two homes and a large storage/workshop building on approximately 1.89 acres of mostly usable land. The newer residence, 2 bed 1 bath 1100 sqft offers radiant heated flooring, a comfortable floor plan, and an attached two-car garage. The second home, 2 bed 1 bath 750 sqft is rich with rustic charm and character, featuring warm wood accents and a cozy wood-burning stove. The expansive grounds provide endless possibilities for multi-generational living, rental income, gardening, recreation, livestock, equipment storage, or creating your own private retreat. Enjoy the peaceful country setting while being within hiking distance of the Carmel Valley River and Las Padres Dam. Surrounded by natural beauty and outdoor recreation, this unique property combines flexibility, privacy, and the charm of Carmel Valley living. A rare chance to own a property with multiple residences and room to grow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,700 | 1,172 |
| Lot Size | 82,328 | 440,392 |
| Price | $795.0K | $1.86M |
| Price per sq ft | $468 | $852 |
| Built year | 1971 | 1984 |
| HOA | $0 | $2.8K |
| Days on market | 47 | 78 |
Jul 9, 2026
$795,000
$845,000
-6% Price Drop
Initial Listing
Jun 25, 2026
$845,000
$875,000
-3% Price Drop
Initial Listing
Jun 5, 2026
$875,000
Initial Listing
Jun 26, 2019
$552,500
Public Record