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 $1,198,000—positioned slightly above the $1,192,179 Fair Market Value. While priced at market stability, the property features a Condition Rating of 3, highlighted by a new electrical panel, updated bathroom, and stainless steel kitchen. With a massive 19,008 sqft lot and mountain/canyon views, it offers significant lifestyle appeal within the Carmel Unified School District. This home is an ideal acquisition for Owner-Occupants or multi-generational families seeking a well-maintained, flexible living space in a premier location.
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 | $1,150,000* List Price | 4 | 2 | 1,963 | $586 | - |
A 18 Camino De Travesia Sold | $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. It features key recent updates including a new electrical panel, an updated upstairs bathroom, and stainless steel kitchen appliances. The interior shows well with updated recessed lighting and hardwood flooring, fitting the criteria for a functional, updated residence.
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 & Location
Situated within the highly-rated Carmel Unified School District and close to Carmel Valley Village, this property offers exceptional lifestyle value and long-term investment stability.
CONSRISKS & DEFICIENCIES
- Significant Price Correction
A total price reduction of $152,000 and 56 days on market may indicate previous overpricing or a cooling interest that buyers should investigate during due diligence.
- Partial Modernization
While key updates have been made, the 1981 construction may still feature original elements in areas not explicitly mentioned as remodeled, potentially requiring further capital improvement.
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 | 3.2 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,963 | 2,067 |
| Lot Size | 19,008 | 137,901.8 |
| Price | $1.15M | $1.79M |
| Price per sq ft | $586 | $853 |
| Built year | 1981 | 1981 |
| HOA | $0 | $846 |
| Days on market | 96 | 61 |
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