540 Aguajito Road, Carmel, California 93923, Carmel, 93923 - 3 bed, 2 bath
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Carmel, California 93923
Analysis of 540 Aguajito Road, Carmel, California 93923 is currently available with a list price of $2,650,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Carmel Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1989 (35 years old) and appears to be in original condition. Based on the criteria for homes over 30 years old, the kitchen and bathrooms are significantly dated, featuring 1980s-era oak cabinetry and tile countertops that require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 465657, living area = 2972.
Situated on approximately 10 acres in the coveted Jacks Peak area, this property offers a rare combination of seclusion and space for equestrian use or estate development.
The residence features captivating, sweeping vistas of the bay, ocean, and city lights from nearly every room, framed by floor-to-ceiling windows.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =465657, other record lot size in square feet = 224726.
With 599 days on the market and multiple price reductions from the original $3.3M, the property may face challenges regarding buyer perception and market positioning.
Built in 1989 and maintained by the original owners, the home likely requires significant aesthetic and functional updates to meet contemporary luxury standards.
Captivating bay views are enjoyed from nearly every room of this spacious, sun-filled, single-level residence in coveted Jacks Peak. Built in 1989 by the current owners, the home was thoughtfully designed with an open floor plan, high ceilings, and walls of windows that flood the interiors with natural light and frame sweeping vistas throughout. The floor plan emphasizes privacy, with the primary suite positioned on one wing of the home and two guest bedrooms on the other. Set on approximately 10 acres, the expansive grounds offer remarkable potential; ideal for gardens, equestrian use, or the creation of a truly unique estate. It is exceptionally rare to find this much land so close to all that the Monterey Peninsula has to offer. A compelling combination of space, privacy, and convenience, this property presents a distinctive opportunity to create a legacy retreat in one of Carmels most desirable settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 2,972 | 2,461 | 75% |
| Lot Size | 465,657 | 9,333 | 96% |
| Price | $2.65M | $3.00M | 37% |
| Price per sq ft | $892 | $1.3K | 18% |
| Built year | 1989 | 1971 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 635 | 198 | 0% |
May 9, 2026
$2,650,000
$2,895,000
-8% Price Drop
Initial Listing
Mar 9, 2026
$2,895,000
Initial Listing
Sep 17, 2024
$3,300,000
Initial Listing