
Carmel Valley, California 93924
This historic 4.03-acre estate represents a Strong Value Opportunity, listed at $2,950,000—positioned well below the $3,106,839 Fair Market Value by 5%. This valuation gap provides $156,839 in Instant Equity. Featuring a 4-bedroom, 4,151 sq ft layout with a Condition Rating of 4, the home offers a solid foundation for cosmetic updates to modernize its 1995 finishes. With a sparkling swimming pool, vineyard views, and Carmel Unified school district access, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a significant historical asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 62 E Carmel Valley Road A Subject | $2,950,000* List Price | 4 | 3 | 4,151 | $748 | - |
A 320 El Caminito Road Active | $2,200,000 List Price | 3 | 3 | 2,665 | $826 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the home is approximately 30 years old and appears to retain most of its original finishes. While the estate is exceptionally well-maintained and functional, the kitchen cabinetry and bathroom aesthetics—specifically the green square tiling and glass block partitions—are dated and would require cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 175546, living area = 4151.
Originally the main house of California's first Dude Ranch, this gated 4.03-acre estate offers a unique blend of historical significance and exceptional privacy.
Ideally situated just steps from Carmel Valley Village, providing convenient access to local amenities while maintaining a secluded, vineyard-view retreat.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =175546, other record lot size in square feet = 232610. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4151, other record living area = 1295. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Managing a 4-acre parcel with extensive landscaping and a pool involves significant ongoing maintenance costs and effort.
Built in 1995, the 4,151 sq ft interior may require modern cosmetic upgrades to align with current luxury market trends and buyer expectations.
Rich in history and known as Californias first Dude Ranch, this 4.03-acre estate was originally the main house for the ranch, which has since been thoughtfully subdivided into separate parcels. Today, it remains one of Carmel Valleys most special and significant properties. Ideally located just steps from Carmel Valley Village, this private, gated retreat is fully fenced at the property line and offers sweeping vineyard views, incredible privacy, and sun-drenched grounds under a canopy of mature oak trees. The approx. 4,151 sq ft home features 4 bedrooms and 3 baths, generous living spaces, and seamless indoor-outdoor flow. Enjoy a sparkling swimming pool, expansive patios, and grounds perfect for entertaining or simply taking in the peaceful surroundings. A truly special offering in an unbeatable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 4,151 | 2,414 | 94% |
| Lot Size | 175,546 | 54,885 | 85% |
| Price | $2.95M | $1.65M | 79% |
| Price per sq ft | $711 | $721 | 47% |
| Built year | 1995 | 1978 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 159 | 6% |
May 27, 2026
$2,950,000
Initial Listing
Jun 22, 2023
$5,000,000
Public Record
Dec 21, 2007
$2,880,000
Public Record