73 Mount Devon Road, Carmel Highlands, California 93923, Carmel Highlands, 93923 - 5 bed, 4 bath
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Carmel Highlands, California 93923
Analysis of 73 Mount Devon Road, Carmel Highlands, California 93923 is currently available with a list price of $2,495,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Carmel Highlands 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 moderate renovation needed.
Originally built in 1958 with a significant 1975 addition, the property is well-maintained but reflects dated architectural and interior finishes. While the home is functional and move-in ready, the kitchen appliances and overall systems appear to be over 20 years old, requiring 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 = 49646, living area = 3514.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
The home’s unique design allows it to function as three separate units or one expansive retreat, offering exceptional versatility for multi-generational living, guest accommodations, or potential rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3514, other record living area = 918. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
While the property offers beautiful wooded vistas, the ocean views are characterized as 'peek-a-boo,' which may not meet the expectations of buyers seeking expansive, unobstructed Pacific horizons.
Originally built in 1958 with a 1975 expansion, the property likely requires significant capital investment to update vintage systems and finishes to meet modern luxury standards.
This extraordinary Carmel Highlands is a rare offering steeped in history, artistry and timeless coastal beauty. Designed to live flexibly, the home can be enjoyed as two or three separate units or one expansive family retreat. Originally built as a 915 sq ft cabin, the home was thoughtfully expanded in 1975 with a striking architectural addition designed by Peter Lee and crafted by master builder Stephen Trapkus alongside the current family who have cherished it for over 50 years. The result is a soulful blend of rustic charm and architectural elegance, where soaring wood-beamed ceilings, rich hardwood floors, and walls of glass frame sweeping wooded and peek-a-boo ocean views. Natural light floods every room, creating warm and inviting interiors that harmonize with the surrounding redwoods, Monterey pines, and rugged coastline. Carmel Highlands itself has a storied legacy, envisioned in 1915 by Frank Devendorf as a creative haven for artists, writers, and sculptors. Now enhanced with modern amenities, including high-speed internet for those seeking both seclusion and connectivity. This property embodies the magic of Carmel Highlands where history, art, and nature converge. Private Beach Access! Welcome Home!
No exterior & parking available.
Grades K-5 • 2.8 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 3.0 | 67% |
| Square foot | 3,514 | 2,327 | 85% |
| Lot Size | 49,646 | 9,240.5 | 77% |
| Price | $2.50M | $2.94M | 38% |
| Price per sq ft | $710 | $1.2K | 6% |
| Built year | 1958 | 1970 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 198 | 8% |
May 14, 2026
$2,495,000
$2,750,000
-9% Price Drop
Initial Listing
Apr 13, 2026
$2,750,000
Initial Listing