
Carmel, California 93923
This Refined Single-Level Residence is a Strong Value Opportunity, listed at $1,099,000—positioned well above the $1,076,277 Fair Market Value by -2%. Featuring a Condition Rating of 3, this move-in ready home offers vaulted ceilings, modern electrical, and an EV charger. Located in the Carmel Unified School District with access to top-rated schools, it provides a peaceful, coastal lifestyle with private decks. This property is an ideal acquisition for Owner-Occupants seeking a polished sanctuary or lifestyle-focused buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3850 Rio Road 63 Subject | $1,099,000* List Price | 2 | 2 | 1,409 | $764 | - |
A 3850 Rio Road 42 Active | $1,199,000 List Price | 2 | 3 | 1,520 | $789 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1976, the residence has undergone significant modern renovations including upgraded electrical, an EV charger, and wood laminate flooring. The interior finishes, such as the vaulted ceilings and plantation shutters, indicate a well-maintained, move-in ready condition consistent with a 5-15 year renovation cycle.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
As one of only eight single-story residences in the community, this home offers superior accessibility and a spacious feel with vaulted ceilings, making it a highly desirable find for those seeking long-term comfort.
The property is perfectly positioned moments from the Crossroads and Barnyard shopping centers, offering effortless access to premium dining and amenities within the top-rated Carmel Unified School District.
With 170 days on the market and a history of price reductions, the property may face buyer perception issues regarding its initial overpricing or specific market positioning.
The $710 monthly association fee represents a significant recurring expense that may deter buyers sensitive to high fixed costs in addition to their mortgage obligations.
Tucked away in a desirable Carmel enclave, this refined single-level residence offers an exceptional blend of privacy, comfort, and coastal elegance. One of only eight single-story homes in the community, the residence features an open, light-filled floor plan highlighted by soaring vaulted ceilings and thoughtfully curated upgrades. The inviting living space centers around a gas log fireplace, creating a warm yet sophisticated ambiance. Two well-appointed bedrooms are complemented by a versatile den, ideal for a private office, library, or guest retreat. Wood laminate flooring, upgraded electrical, and an indoor laundry room enhance everyday living. Three private exterior decks and patios provide seamless indoor-outdoor flow, perfect for morning coffee or evening entertaining. An attached two-car garage with EV charger adds convenience. Just moments from Crossroads, the Barnyard, and Carmel Rancho, this home captures the essence of effortless Carmel livingpeaceful, polished, and perfectly positioned.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,409 | 1,363 |
| Lot Size | 2,070 | 1,140 |
| Price | $1.10M | $1.00M |
| Price per sq ft | $780 | $796 |
| Built year | 1976 | 1968 |
| HOA | $710.0 | $1.6K |
| Days on market | 177 | 50 |
Jul 9, 2026
$1,099,000
$1,150,000
-4% Price Drop
Initial Listing
Jan 26, 2026
$1,150,000
Initial Listing
Jul 10, 2024
$1,199,000
Public Record
Jun 12, 2023
$1,050,000
Public Record
Jul 29, 1999
$351,000
Public Record
Apr 2, 1997
$255,000
Public Record