61 Southbank Road, Carmel Valley, California 93924, Carmel Valley, 93924 - 4 bed, 2 bath
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61 Southbank Road
Carmel Valley, California 93924
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,963Sq Ft
19,008Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,150,000
SUMMARY
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,150,000, which aligns with its $1,150,000 Fair Market Value. Featuring a Condition Rating of 3, the home offers a blend of modern updates, including a new electrical panel and renovated bathroom, alongside room for further personalization. Residents benefit from the Carmel Unified School District and an expansive 19,008 sqft lot with a wraparound deck and panoramic mountain views. This property is an ideal acquisition for Owner-Occupants or growing families seeking a lifestyle-focused home.
Estimated Market Value
$1,150,000
Based on Realkey algorithm analyzing recent comparable sales in Carmel Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 61 Southbank Road Subject 4 bd · 2 ba · 1,963 sqft · $586 | $1,150,000* List Price | 4 | 2 | 1,963 | $586 | - |
A 18 Camino De Travesia Sold 2 bd · 2 ba · 1,346 sqft · $698 · 0.3 mi | $940,000 | 2 | 2 | 1,346 | $698 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1981, the property is well-maintained and move-in ready with significant updates. Key improvements include a new electrical panel, an updated upstairs bathroom, and new recessed lighting. The kitchen is functional with modern stainless steel appliances, and the interior features updated flooring and paint, placing it in the 5-15 year renovation/maintenance tier.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19008, living area = 1963.
- Great Schools
High School: Carmel High School (9/10).
- Premier School District
The property is served by the highly-rated Carmel Unified School District, including Carmel High School, providing significant long-term value and appeal for families.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 107 days on the market and multiple price reductions totaling $200,000, the property has struggled to find momentum at its previous price points.
- Partial Modernization
While the electrical panel and one bathroom are updated, the 1981 construction may still require additional capital investment to fully modernize the remaining living spaces.
About 61 Southbank Road
*$200,000 Price Reduction*Discover the perfect balance of privacy, comfort, and Carmel Valley charm in this beautifully maintained two-story home. Nestled on a spacious lot, this inviting residence embraces indoor-outdoor living with an expansive wraparound deck ideal for entertaining, relaxing under the stars, enjoying morning coffee, or taking in the peaceful surroundings. Inside, updated recessed lighting creates a warm and welcoming ambiance. Recent improvements include a new electrical panel and an updated upstairs bathroom, providing modern convenience and added value. The kitchen features stainless steel appliances, including a refrigerator with water and ice hookup making daily living both practical and enjoyable. The thoughtful floor plan offers excellent separation of living and private spaces, providing flexibility for families, guests, remote work, or multi-generational living. Large windows fill the home with natural light and showcase the surrounding landscape. Located near Carmel Valley Village, residents enjoy easy access to wineries, restaurants, boutiques, art galleries, hiking trails, and outdoor recreation. The property is also served by the highly regarded Carmel Unified School District, making it an excellent choice for those seeking an exceptional lifestyle
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 19,008 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Carmel Valley Unified Schools
Tularcitos Elementary School
Grades K-5 • 1.6 mi
7/10
Carmel Middle School
Grades 6-8 • 11.0 mi
8/10
Carmel Valley High School
Grades 9-12 • 7.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,963 | 2,207.75 |
| Lot Size | 19,008 | 120,305.85 |
| Price | $1.15M | $1.70M |
| Price per sq ft | $586 | $792 |
| Built year | 1981 | 1983 |
| HOA | $0 | $1.4K |
| Days on market | 141 | 79 |
Pricing History
Listed for Sale
Aug 29, 2026
$1,150,000
$1,198,000
-4% Price Drop
Initial Listing
Price Change
Jul 14, 2026
$1,198,000
$1,275,000
-6% Price Drop
Initial Listing
Price Change
Jun 20, 2026
$1,275,000
$1,350,000
-6% Price Drop
Initial Listing
Price Change
Jun 5, 2026
$1,350,000
Initial Listing
Sold
Jun 25, 2021
$1,050,000
Public Record
Sold
Aug 23, 2017
$675,000
Public Record
Sold
Feb 24, 1994
$245,000
Public Record