
Carmel, California 93923
Analysis of 5466 Quail Way, Carmel, California 93923 is currently available with a list price of $9,950,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1997, the property underwent a comprehensive renovation within the last two years, including new hardwood flooring and updated finishes in the kitchen and bathrooms. The home is in mint condition with high-end architectural features like vaulted ceilings and ridge skylights, meeting the criteria for a recent renovation with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108900, living area = 8038.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Designed by award-winning architect Charles Rose, the residence features a timeless design with vaulted ceilings, ridge skylights, and walls of glass that masterfully integrate the home with its natural oak-studded surroundings.
The monthly association fee of $1,558 is notably high, representing a significant recurring expense that may impact the overall cost of ownership for prospective buyers.
With 109 days on the market, the property is experiencing a slower absorption rate compared to typical luxury turnovers, potentially indicating pricing resistance or a niche architectural appeal.
Set amongst the oaks, this stunning home connects the interior to the surrounding natural beauty of Quail Meadows as only award winning architect, Charles Rose, can do. The home's superior quality of construction and timeless design is evident in its vaulted ceilings, ridge skylights, walls of glass and stone accents. Upgraded to an even higher standard over the last two years with new hardwood floors throughout and updated finishes in the kitchen and bathrooms. Ideal for entertaining, the home welcomes guests with an inviting courtyard and impressive living room. The home lives mostly on one level with nice privacy between the primary suite, office and guest bedrooms. The outdoors beckon from every room, whether it be access to a private sun deck, sitting area, vegetable garden or a lush lawn. On the southern portion of the lot, there is also a generously sized caretaker's cottage complete with a full kitchen, one car garage, laundry, living room and dining area. It's the best of both worlds: a sprawling estate on a useable 2 1/2 acre parcel just a short distance to Carmel-by-the-Sea. You literally can have it all.
No exterior & parking available.
Grades K-5 • 3.0 mi
Grades K-5 • 8.2 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 8.0 | 3.0 | 96% |
| Square foot | 8,038 | 2,432 | 96% |
| Lot Size | 108,900 | 9,654 | 88% |
| Price | $9.95M | $3.05M | 96% |
| Price per sq ft | $1.2K | $1.3K | 48% |
| Built year | 1997 | 1971 | 79% |
| HOA | $1558.0 | $0 | 94% |
| Days on market | 134 | 185 | 38% |
May 29, 2026
$9,950,000
$10,750,000
-7% Price Drop
Initial Listing
Feb 2, 2026
$10,750,000
Initial Listing
Apr 29, 2022
$9,000,000
Public Record
Nov 13, 1995
$550,000
Public Record