
Carmel, California 93923
This Single-Family Residence represents a Strong Value Opportunity, listed at a List Price of $1,499,000, which aligns with its $1,499,000 Fair Market Value. While the home maintains a Fair Condition Rating due to its dated 1960s finishes, the expansive 35,284 sqft lot and versatile bonus room offer significant potential for value-add renovations. Located within the prestigious Carmel Unified School District, this property provides a rare blend of lifestyle and long-term appreciation. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable home in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9805 Carmel Valley Road Subject | $1,499,000* List Price | 3 | 2 | 2,108 | $711 | - |
A 27460 Loma Del Rey Active | $1,792,000 List Price | 4 | 3 | 2,494 | $719 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960 and owned by the same family for 30 years, the home appears well-maintained but dated. Interior finishes, including the tile flooring and wood paneling, suggest a renovation age of 20-30 years, placing it in the fair category as it requires cosmetic updates to the kitchen and baths.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35284, living area = 2108.
The property sits on a generous 35,284 sqft flat lot featuring a fully fenced front yard, mature oak trees, raised garden beds, and an oversized greenhouse, offering exceptional space for outdoor living and gardening.
The 2,108 sqft single-story floor plan includes a versatile bonus room that can easily adapt to a fourth bedroom, home office, or playroom, providing excellent functional longevity.
The property has been on the market for 196 days and has already seen a price reduction, which may lead buyers to question its pricing strategy or condition.
Built in 1960 and held by the same family for nearly 30 years, the home likely requires modern updates and cosmetic renovations to meet contemporary buyer preferences.
Loved by the same family for nearly 30 years, this charming single-level home exudes warmth, comfort, and an easy Carmel Valley lifestyle. The flexible floor plan offers three bedrooms and two bathrooms, anchored by open, connected living and dining spaces that are ideal for everyday living and effortless entertaining. A versatile bonus room provides valuable extra space and could function as a fourth bedroom, cozy family room, playroom, or home officewhatever best suits your needs. Outside, a flat, fully fenced front yard is framed by majestic oaks creating a welcoming first impression and a safe place for kids and pets to play. Additional outdoor areas include raised garden beds, a private back patio perfect for al fresco dining, and an oversized greenhouse that extends the growing season and offers endless possibilities for those with a green thumb. This is a home that has been lovingly enjoyed for decades and is ready to be cherished by its next owners. With a wonderful mid-valley location, this is your chance to call Carmel Valley home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 2,108 | 1,978 |
| Lot Size | 35,284 | 5,500 |
| Price | $1.50M | $3.29M |
| Price per sq ft | $711 | $1.6K |
| Built year | 1960 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 224 | 73 |
Apr 21, 2026
$1,499,000
$1,550,000
-3% Price Drop
Initial Listing
Dec 10, 2025
$1,550,000
Initial Listing
Nov 20, 1997
$352,500
Public Record