
Carmel, California 93923
This Turnkey Condominium is a Strong Value Opportunity, listed at a List Price of $849,000—positioned well below the $849,502 Fair Market Value by 0.06%. Featuring a Mint Condition Rating due to recent renovations including a new electrical panel, marble fireplace, and updated kitchen, this home offers immediate move-in readiness. Located in the Carmel Unified School District, the property provides a peaceful lifestyle with Park/Greenbelt views. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a high-quality, low-maintenance residence in a prime Carmel location.
Property is new construction or fully renovated.
The property has undergone a substantial renovation within the last 3 years (since 2023), including fully renovated bathrooms, a refreshed kitchen with new appliances and flooring, and a new electrical panel. These recent updates place it in the <5 year renovation category for mint condition.
The property is listed at the sellers' 2023 purchase price despite significant capital improvements, offering a rare turnkey opportunity at a highly competitive price point in the Carmel market.
The unit features comprehensive updates including a new electrical panel, marble fireplace surround, and fully remodeled kitchen and bathrooms, ensuring a move-in-ready experience for the buyer.
Tucked away on a quiet cul-de-sac, the home offers immediate proximity to the Crossroads and Barnyard shopping centers, Highway 1, and Carmel-by-the-Sea, blending convenience with tranquility.
At just 998 square feet for a two-bedroom layout, the interior living space is relatively small, which may be a limitation for buyers requiring more room or storage.
The $564 monthly association fee adds a significant recurring expense to the mortgage, which could impact the overall affordability for budget-conscious purchasers.
Carmel living at an exceptional value! Tucked away on a quiet cul-de-sac in the desirable Riverwood complex, this beautifully updated single-story condo offers an unbeatable location just minutes from the Crossroads, the Barnyard, Highway 1, and Carmel-by-the-Sea. Enjoy easy access to Big Sur, Pebble Beach, and Monterey, while still coming home to a peaceful setting. The complex has no age restriction, and this unit features an attached one-car garage. Thoughtful improvements include a new electrical panel, fireplace with marble surround, refreshed kitchen with new flooring and appliances, fully renovated bathrooms, and updated primary bedroom flooring and closet doors. The sellers purchased the home for $849,000 in 2022 and have since invested substantially in updates and maintenance. They are now offering it at the same $849,000 price. What a value!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.8 |
| Baths | 2.0 | 1.8 |
| Square foot | 998 | 1,173.727 |
| Lot Size | 1,664 | 1,650.545 |
| Price | $849.0K | $949.9K |
| Price per sq ft | $851 | $790 |
| Built year | 1973 | 1970 |
| HOA | $564.0 | $1.3K |
| Days on market | 6 | 69 |
Sep 3, 2026
$849,000
Initial Listing
Mar 16, 2022
$849,000
Public Record
Feb 4, 2020
$690,000
Public Record
Mar 5, 2019
$635,000
Public Record
May 12, 2011
$325,000
Public Record