
Carmel, California 93923
Analysis of 5466 Quail Way, Carmel, California 93923 is currently available with a list price of $10,750,000. 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.
Although originally built in 1997, the property meets the 'excellent' criteria due to extensive renovations completed within the last two years. These updates include new hardwood floors throughout and modernized finishes in the kitchen and bathrooms. The high-end architectural design by Charles Rose, combined with recent luxury upgrades and meticulous maintenance of the 8,038 sqft living space, ensures the home meets current premium quality standards with no deferred maintenance.
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 home features a timeless aesthetic with vaulted ceilings, ridge skylights, and walls of glass that seamlessly integrate the interior with the natural beauty of Quail Meadows.
The monthly association fee of $1,558 is relatively high, adding a significant recurring expense to the property's ownership costs.
While the home has undergone recent cosmetic updates, the primary structure dates to 1997, meaning core mechanical systems may eventually require attention to match the home's premium price point.
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 | 90% |
| Baths | 8.0 | 3.0 | 96% |
| Square foot | 8,038 | 2,327 | 96% |
| Lot Size | 108,900 | 10,840 | 88% |
| Price | $10.75M | $2.94M | 96% |
| Price per sq ft | $1.3K | $1.2K | 64% |
| Built year | 1997 | 1972 | 78% |
| HOA | $1558.0 | $0 | 94% |
| Days on market | 79 | 187 | 16% |
Feb 2, 2026
$10,750,000
Initial Listing
Apr 29, 2022
$9,000,000
Public Record
Nov 13, 1995
$550,000
Public Record