5155 Carmel Valley Road, Carmel, California 93923, Carmel, 93923 - 1 bed, 1 bath
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5155 Carmel Valley Road
Carmel, California 93923
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
911Sq Ft
562,000Lot Size
Property Price
LIST PRICE$3,295,000
SUMMARY
The Hatton Ranch Meadows encompasses nearly 13 private acres of open meadow, mature oaks and sweeping south-facing views of the Santa Lucia Mountains, just minutes from Carmel-by-the-Sea. Part of the historic Hatton Ranch, the property feels remarkably private and removed despite its proximity to town. Gated and without an HOA, the property offers multiple potential building sites and a private well supporting the future development of a substantial main residence. Existing improvements include a renovated one-bedroom cottage and a renovated barn with office/gym space. With expansive usable acreage so close to Carmel, the property offers exceptional flexibility for a private estate, equestrian use, a substantial car barn, agricultural pursuits, or simply the enjoyment and preservation of the land as it exists today. Few properties offer this combination of acreage, privacy and proximity to town.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1915, the property features a high-end, modern renovation of the existing cottage and barn. The interior showcases a mint-condition kitchen with stainless appliances and a contemporary bathroom with double vanities and a glass-enclosed subway tile shower, indicating a renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 562000, living area = 911.
- Expansive Acreage and Privacy
Spanning nearly 13 private, gated acres within the historic Hatton Ranch, this property offers rare usable land and south-facing mountain views just minutes from Carmel-by-the-Sea without HOA restrictions.
- Significant Development Potential
The inclusion of a private well and multiple potential building sites provides a turnkey foundation for developing a substantial main estate, equestrian facility, or luxury car barn.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =562000, other record lot size in square feet = 274428.
- Limited Existing Living Space
With only 911 square feet of living area, the current improvements serve primarily as guest or secondary quarters, necessitating a significant additional investment to create a primary residence.
- Market Stagnation
The property has been on the market for over 90 days and recently underwent a $300,000 price reduction, suggesting that the initial valuation may have exceeded current market demand for specialized land holdings.
About 5155 Carmel Valley Road
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1915
- Lot Size
- 562,000 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.8 |
| Square foot | 911 | 2,111.641 |
| Lot Size | 562,000 | 12,541.641 |
| Price | $3.29M | $3.11M |
| Price per sq ft | $3.6K | $1.4K |
| Built year | 1915 | 1972 |
| HOA | $0 | $2.2K |
| Days on market | 129 | 81 |
Pricing History
Listed for Sale
Sep 17, 2026
$3,295,000
$3,595,000
-8% Price Drop
Initial Listing
Price Change
Jun 17, 2026
$3,595,000
Initial Listing
Sold
Apr 4, 2019
$1,125,000
Public Record