3850 Rio Road 42, Carmel, California 93923, Carmel, 93923 - 2 bed, 3 bath
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Carmel, California 93923
This Stunning Lakeside Condominium is listed at $1,199,000, offering exceptional value right at its $1,202,530 Fair Market Value. Featuring a comprehensive modern remodel and an Excellent Condition Rating, the property requires zero immediate work. Residents enjoy sweeping lake and mountain views from multiple decks and a private patio. Situated in the Carmel Unified School District, the home provides access to top-rated schools like Carmel River Elementary and Carmel High. This turnkey residence is the perfect fit for discerning professionals or owner-occupants seeking a polished, stress-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3850 Rio Road 42 Subject | $1,199,000* List Price | 2 | 3 | 1,520 | $791 | - |
A 3850 Rio Road 63 Active Under Contract | $1,150,000 List Price | 2 | 2 | 1,409 | $816 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern remodel within the last 5 years. The kitchen features high-end finishes, sleek cabinetry, and stainless steel appliances, while the bathrooms and living areas show mint condition with updated flooring and lighting. No maintenance is required.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
The property offers sweeping, tranquil views of Arroyo Carmel lake, hills, and mountains, with multiple decks and large windows designed to maximize the natural landscape.
The home features a thoughtfully updated interior, including a sleek, light-filled kitchen with upgraded finishes and elegant ensuite bedrooms, providing a contemporary move-in-ready experience.
The association fee of $710 per month represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
While the unit itself is beautifully remodeled, the original 1976 construction may involve aging common area components and infrastructure typical of older condominium complexes.
With sweeping views of the tranquil Arroyo Carmel lake as its centerpiece, this beautifully remodeled home offers a truly special living experience. Nearly every detail has been thoughtfully updated, from the light-filled open kitchen with upgraded finishes and sleek design elements to the refreshed dining area and elegant ensuite bedrooms. Large windows and outdoor spaces, including 2 decks and a patio, frame the stunning water views and bring the natural beauty indoors. The two spacious ensuite bedrooms provide comfort and privacy, while the oversized two-car garage adds convenience. Ideally situated near shops, restaurants, and Carmel-by-the-Sea's renowned beaches, this home perfectly blends modern upgrades with serene, lakeside living.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 1,520 | 1,434 | 61% |
| Lot Size | - | 1,036 | 39% |
| Price | $1.20M | $969.0K | 74% |
| Price per sq ft | $789 | $773 | 61% |
| Built year | 1976 | 1968 | 87% |
| HOA | $710.0 | $1.7K | 9% |
| Days on market | 3 | 154 | 4% |
Jun 3, 2026
$1,199,000
Initial Listing
May 21, 2021
$917,000
Public Record