
Carmel, California 93923
This Resort-Style Townhouse is a High-Potential Investment Opportunity, listed at $2,695,000—positioned above the $2,371,073 Fair Market Value. While priced at a premium, the property offers a Condition Rating of 3, featuring modern wood flooring and a versatile dual-primary layout. Situated on the first hole of Carmel Valley Ranch, it provides unobstructed mountain views and access to elite amenities. This home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury lifestyle in the prestigious Carmel Unified school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9502 Alder Court Subject | $2,695,000* List Price | 3 | 4 | 2,345 | $1,011 | - |
A 9524 Bay Court Sold | $2,240,000 | 3 | 4 | 2,333 | $960 | 0.1 mi |
B 9583 Redwood Court Sold | $2,300,000 | 3 | 4 | 2,363 | $973 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1981, the property has been well-maintained and partially updated. The kitchen features stone countertops and integrated appliances likely from a 10-15 year old renovation, and the living areas show modern wood flooring and updated lighting. Although some bathroom elements like the glass block wall are dated, the home is move-in ready and functional.
Situated on the first hole of Carmel Valley Ranch, the property offers exceptional, unobstructed views of the Santa Lucia mountain range and lush greenbelts.
The floor plan features primary suites on both the ground and second floors plus a dedicated office, providing excellent flexibility for multi-generational living or guests.
Located within a prestigious community, the property provides access to world-class amenities including golf, tennis, fitness facilities, and extensive hiking trails.
The property has been active for 124 days, which is significantly higher than the market average and may lead to buyer concerns regarding pricing or condition.
A monthly association fee of $795, coupled with the potential need for modernizing the 1981 construction, adds a substantial ongoing financial burden for the owner.
The jewel of Carmel Valley Ranch!! Enjoy the best views that Carmel Valley Ranch has to offer. The spacious layout includes 3 bedrooms plus office & 3.5 baths. The home is located on Carmel Valley Ranch's first hole, with the gorgeous Santa Lucia mountain range as a picture perfect backdrop. The soaring ceilings and expansive windows allows for the feeling of indoor and outdoor living. On the ground floor there is a primary suite with an en-suite bathroom. On the second floor there is a second primary suite with an en- suite bathroom as well as a third bedroom with its own bath. Available at the ranch are memberships that offer resort style living that include: Golf, tennis, gym, pools, spa, restaurants and miles of trails to explore minutes away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,345 | 2,345 | 50% |
| Lot Size | 3,783 | 3,108 | 71% |
| Price | $2.69M | $1.60M | 86% |
| Price per sq ft | $1.1K | $681 | 86% |
| Built year | 1981 | 1981 | 50% |
| HOA | $795.0 | $795 | 50% |
| Days on market | 142 | 220 | 14% |
Jan 15, 2026
$2,695,000
Initial Listing
Jun 23, 2023
$2,550,000
Public Record
Jun 1, 2018
$1,575,000
Public Record
Jul 9, 1999
$700,000
Public Record