83 High Meadow Lane, Carmel, California 93923, Carmel, 93923 - 3 bed, 3 bath
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Carmel, California 93923
This Spacious Multi-Level Condominium is a Strong Value Opportunity, listed at $1,240,000—positioned well below the $1,336,280 Fair Market Value by 7%. This valuation gap offers $96,280 in Instant Equity for buyers. Holding a Condition Rating of 4, the home features three en-suite bedrooms and private patios that invite modernization to reach peak market standards. Located in the prestigious Carmel Unified School District near top-rated Carmel High, this is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 83 High Meadow Lane Subject | $1,240,000* List Price | 3 | 3 | 1,983 | $674 | - |
A 3600 High Meadow Drive 23 Active | $975,000 List Price | 2 | 2 | 1,410 | $691 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this property is well-maintained but shows significant dating. While the appliances have been partially updated, the kitchen retains a fluorescent light box and older cabinetry, and the bathrooms feature dated fixtures and gold-trimmed showers. The presence of popcorn ceilings and older architectural details suggests the home has not had a major renovation in over 20 years, requiring cosmetic updates to meet modern standards.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Situated in the prestigious Carmel area, the property offers quick access to downtown Carmel-by-the-Sea, Pebble Beach, and Monterey, providing an elite lifestyle near world-class dining and scenic trails.
The floor plan features three en-suite bedrooms across two levels, including a main-level primary suite and multiple private patios, offering excellent privacy and functionality for guests or multi-generational living.
The association fee is $1,000 per month, which represents a significant recurring expense that may impact the overall affordability and investment yield for some buyers.
Built in 1970, the property may require capital investment to update original finishes and aging systems to meet contemporary luxury standards and improve energy efficiency.
Located in the peaceful High Meadow Lane community just minutes from downtown Carmel-by-the-Sea, 83 High Meadow Lane offers 3 bedrooms, 3 bathrooms, and approximately 1,983 sq ft of light-filled living space. The living room features a cozy gas log fireplace and floor-to-ceiling windows, with sliding glass doors opening to a balcony. The kitchen includes a breakfast nook with a pass-through window and flows seamlessly into the dining area. The main-level primary suite features generous closet space and a private patio, with a second en suite bedroom also on the main floor. Downstairs, a third bedroom suite with its own patio, plus a laundry room and two-car garage, complete the home. Just steps away is the community's heated pool, providing relaxation and recreation. Conveniently located between Carmel-by-the-Sea, Monterey, and Pebble Beach, this charming residence enjoys quick access to the ocean, scenic hiking trails, and endless activities.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 85% |
| Baths | 3.0 | 2.0 | 85% |
| Square foot | 1,983 | 1,469 | 85% |
| Lot Size | 2,263 | 1,043 | 85% |
| Price | $1.24M | $1.02M | 74% |
| Price per sq ft | $625 | $769 | 19% |
| Built year | 1970 | 1968 | 74% |
| HOA | $1000.0 | $1.6K | 19% |
| Days on market | 49 | 169 | 11% |
Mar 4, 2026
$1,240,000
Initial Listing
Jun 30, 1994
$315,000
Public Record