571 Monte Verde Street, Carmel, California 93921, Carmel, 93921 - 3 bed, 2 bath
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571 Monte Verde Street
Carmel, California 93921
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,869Sq Ft
3,920Lot Size
Property Price
LIST PRICE$4,250,000
EST. MARKET VALUE
$4,016,019
5% AboveMARKET VALUE
SUMMARY
This Turnkey Carmel Cottage is listed at $4,250,000, reflecting a stable market valuation compared to the $4,016,019 Fair Market Value. While priced slightly above the current estimation, the property offers a premium Condition Rating of 3, featuring a fully renovated interior and a desirable first-floor primary suite. With Ocean Views of Carmel Bay and a prime location near downtown, this home provides a sophisticated lifestyle for those seeking immediate occupancy. It is an ideal acquisition for discerning luxury buyers or owner-occupants prioritizing privacy and coastal convenience.
Estimated Market Value
$4,016,019
Based on Realkey algorithm analyzing recent comparable sales in Carmel.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 571 Monte Verde Street Subject 3 bd · 2 ba · 1,869 sqft · $2,149 | $4,250,000* List Price | 3 | 2 | 1,869 | $2,149 | - |
A 3se Of 4th Avenue Sold 3 bd · 2 ba · 1,248 sqft · $2,925 · 0.3 mi | $3,650,000 | 3 | 2 | 1,248 | $2,925 | 0.3 mi |
B 0 Lincoln 3 Ne Of 5th Street Sold 3 bd · 3 ba · 1,722 sqft · $2,555 · 0.3 mi | $4,400,000 | 3 | 3 | 1,722 | $2,555 | 0.3 mi |
C 331 5th Avenue Active 3 bd · 2 ba · 1,557 sqft · $2,874 · 0.1 mi | $4,475,000 List Price | 3 | 2 | 1,557 | $2,874 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2011, the property is approximately 15 years old based on the listing date. It is described as fully renovated and turnkey, with images showing a well-maintained kitchen featuring a farmhouse sink and subway tile, and updated bathrooms with stone countertops. It fits the 10-20 year age bracket for functional, move-in ready homes.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Privacy
Perfectly situated steps from downtown Carmel's world-class dining and shopping, yet set well back from the street to provide a rare balance of convenience and secluded privacy.
- Turnkey Condition
This fully renovated, classic Carmel cottage offers a seamless move-in experience with modern amenities, an expansive kitchen, and a desirable first-floor primary suite.
- Coastal Views
The property boasts impressive views of Carmel Bay and Pescadero Point, a premium feature that significantly enhances the home's desirability and investment value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3920, other record lot size in square feet = 4000.
- High Price per Square Foot
With a list price of $4.25M for 1,581 square feet, the property carries a high price-per-foot valuation that may limit the pool of qualified buyers.
- Limited Lot Size
The 3,920 square foot lot is relatively small, which restricts outdoor living space and may limit future expansion or landscaping possibilities.
About 571 Monte Verde Street
Welcome to "Charmel", a fully renovated, classic Carmel cottage, lovingly owned by the same family for many years. Offering an expansive entertaining and kitchen area, opening up to views of Carmel Bay and Pescadero Point, and a first floor primary suite. Located almost immediately adjacent to the downtown area's shops and restaurants, the home sits well back from the street and orients towards the water for maximum privacy- the best of both worlds. Downstairs, you'll find 2 guest bedrooms with walk-outs to the yard, as well as a shared full bath and a separate, large flex space and laundry room. The perfect, turnkey opportunity for someone looking to move right in, and do absolutely nothing- except enjoy Carmel!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2011
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,869 | 2,111.641 |
| Lot Size | 3,920 | 12,541.641 |
| Price | $4.25M | $3.11M |
| Price per sq ft | $2.3K | $1.4K |
| Built year | 2011 | 1972 |
| HOA | $0 | $2.2K |
| Days on market | 12 | 81 |
Pricing History
Listed for Sale
Oct 12, 2026
$4,250,000
Initial Listing