9500 Center Street 40, Carmel, California 93923, Carmel, 93923 - 1 bed, 1 bath
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Carmel, California 93923
This Condominium presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well above the $479,096 Fair Market Value by -14%. While the unit features a Condition Rating of 4 and requires modernization, it offers a private patio and mountain views in a prime location. The property provides a stable, move-in ready base for those prioritizing lifestyle over immediate equity. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a foothold in the Carmel Unified school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9500 Center Street 40 Subject | $550,000* List Price | 1 | 1 | 735 | $652 | - |
A 9500 Center Street 4 Sold | $685,000 | 2 | 2 | 1,017 | $674 | 0.1 mi |
B 9500 Center Street 57 Active Under Contract | $596,000 List Price | 1 | 1 | 735 | $811 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property is over 50 years old. While the description notes it was 'recently refreshed' (likely paint and carpet), the bathroom images show dated fixtures, vanity, and lighting consistent with a 20+ year old renovation. The unit is functional and move-in ready but requires modernization of the kitchen and bath to meet current standards.
Situated in sunny mid-Carmel Valley, this condo offers exceptional convenience with close proximity to local shops, restaurants, and a short drive to downtown Carmel and the beach.
The ground-floor unit features a private patio with desirable southern exposure, ensuring the living space remains bright and inviting throughout the day.
Recently refreshed and featuring scenic mountain and greenbelt views, this unit allows for an immediate transition without the need for significant initial renovations.
At 735 square feet with only one bedroom, the property may feel restrictive for buyers needing extra space for a home office or guests.
Built in 1971, the complex may face higher long-term maintenance requirements or potential future assessments common in older condominium developments.
Conveniently located condo with a community pool in sunny mid-Carmel Valley near shops and restaurants and just minutes to downtown Carmel and the beach. Recently refreshed one-bedroom, one-bath ground floor unit with a charming private patio and southern exposure.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 735 | 1,363 |
| Lot Size | - | 1,140 |
| Price | $550.0K | $1.00M |
| Price per sq ft | $748 | $796 |
| Built year | 1971 | 1968 |
| HOA | $390.0 | $1.6K |
| Days on market | 26 | 50 |
Jun 26, 2026
$550,000
Initial Listing
Aug 9, 2013
$245,000
Public Record