
Carmel, California 93923
Carmel Estate with Panoramic Ocean and Bay Views on 5 Acres Behind private gates and set on five acres surrounded by majestic Monterey pines, this remarkable Carmel property enjoys sweeping ocean and bay views across Monterey Bay, the Monterey shoreline, and on clear days, all the way to Santa Cruz. Watch sailboats cross the bay, enjoy the city lights after sunset, and take in the peaceful surroundings from this extraordinary setting. The approximately 3,123-square-foot home offers 3 bedrooms, 3.5 bathrooms, a formal dining room, a boiler heating system, and three wood-burning fireplaces, including fireplaces in the family room and primary suite. An impressive 1,400 square foot four-car garage with workshop provides abundant space for vehicles, storage, hobbies and workshop. Walls of glass bring in natural light and frame the stunning vistas from the main living areas. Masterfully designed to blend into its surroundings, the home's architecture embraces the landscape with warm materials, inviting spaces, and a strong connection to the outdoors. The grounds include a gazebo, bocce ball court, and a full-scale backup generator. A rare offering that combines breathtaking ocean and bay views, complete privacy, five acres, and a location minutes from Carmel, Pebble Beach and Monterey.
Property is moderate renovation needed.
Built in 1997, this 29-year-old estate is well-maintained but retains its original late-90s finishes. The kitchen features dated raised-panel cabinetry and tile work, and the bathrooms show original pine-style vanities and square tiling consistent with the construction year. While the systems like the boiler and generator are functional, the property requires cosmetic updates to the kitchen, baths, and flooring to meet modern luxury standards, placing it squarely in the 'Fair' category based on age (>20 years) and dated interior.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 3123.
The property offers breathtaking, unobstructed views of Monterey Bay, the shoreline, and Santa Cruz, framed by expansive walls of glass that integrate the natural beauty into the living spaces.
Set on five gated acres surrounded by Monterey pines, this estate provides a rare level of privacy and tranquility while remaining just minutes from the amenities of Carmel and Pebble Beach.
With 86 days on the market and two significant price reductions from the original $4.5M ask, the property is currently struggling to find momentum in the luxury segment.
Built in 1997, the home utilizes a boiler heating system and lacks modern central air conditioning, which may be a drawback for buyers seeking contemporary climate control standards.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.8 |
| Square foot | 3,123 | 2,111.641 |
| Lot Size | 217,800 | 12,541.641 |
| Price | $4.00M | $3.11M |
| Price per sq ft | $1.3K | $1.4K |
| Built year | 1997 | 1972 |
| HOA | $0 | $2.2K |
| Days on market | 128 | 81 |
Sep 11, 2026
$3,995,000
$4,195,000
-5% Price Drop
Initial Listing
Sep 10, 2026
$4,195,000
$4,500,000
-7% Price Drop
Initial Listing
Jun 18, 2026
$4,500,000
Initial Listing