4000 Rio Road 65, Carmel, California 93923, Carmel, 93923 - 2 bed, 2 bath
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Carmel, California 93923
This Turnkey Condominium represents a Strong Value Opportunity, listed at $1,200,000—positioned slightly above the $1,136,314 Fair Market Value. While priced at a premium, the property offers a Mint Condition Rating following a high-end renovation, featuring modern cabinetry and stone countertops. Situated in the Carmel Unified School District with scenic Greenbelt and Hill Views, this residence provides a sophisticated lifestyle near premier shopping plazas. It is an ideal acquisition for Owner-Occupants or lifestyle-focused buyers seeking a move-in ready sanctuary in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4000 Rio Road 65 Subject | $1,200,000* List Price | 2 | 2 | 1,040 | $1,093 | - |
A 4000 Rio Road 49 Active | $1,095,000 List Price | 2 | 2 | 1,040 | $1,053 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has undergone a high-end, modern renovation within the last 5 years. The kitchen features contemporary dark cabinetry, stone countertops, and stainless steel appliances. The interior shows updated flooring, recessed lighting, and a modern fireplace, placing it in mint, move-in ready condition.
Situated within walking distance to the Barnyard and Crossroads shopping centers, offering exceptional convenience to Carmel's premier dining and retail plazas.
The unit overlooks a lush greenbelt adjacent to the Carmel River, providing a tranquil and private setting with beautiful views of the surrounding hills.
This beautifully updated condo features a light and bright interior, offering a modern aesthetic that allows for immediate move-in without the need for renovations.
The association fee of $564 per month adds a substantial recurring expense to the cost of ownership compared to other residential options.
Built in 1973, the property may face long-term maintenance challenges or potential special assessments common in older condominium complexes.
Set in the private community of Riverwood residences, walking distance to two of Carmel's premier shopping and restaurant plazas, this beautifully updated condo enjoys beautiful views of the greenbelt adjacent to Carmel River. With 2 bedrooms, 2 bathrooms, and ~1,040 SqFt of light and bright living space, the home is the perfect place to come home and unwind after a lovely day enjoying the plentiful outdoor activities available within a short drive. With Big Sur to the south, Barnyard and Crossroads plazas around the corner, and all of the Monterey Peninsula's amenities within a 10 minute drive, this charming Carmel condo presents a wonderful opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,040 | 1,363 |
| Lot Size | 1,491 | 1,140 |
| Price | $1.20M | $1.00M |
| Price per sq ft | $1.2K | $796 |
| Built year | 1973 | 1968 |
| HOA | $564.0 | $1.6K |
| Days on market | 33 | 50 |
Jun 19, 2026
$1,200,000
Initial Listing
Apr 8, 2024
$985,000
Public Record
Oct 13, 2017
$660,000
Public Record
Sep 20, 2005
$680,000
Public Record