
Carmel, California 93923
This Resort-Style Condominium represents a High-Potential Investment Opportunity, listed at $1,525,000—positioned well above the $1,371,064 Fair Market Value by -11%. While the property requires cosmetic updates to its Condition Rating of 4, it offers a prime location within the Carmel Unified School District and access to exclusive golf and spa amenities. The residence features a 2,014 sqft layout with dual fireplaces and a private garden patio. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9903 Club Place Lane Subject | $1,525,000* List Price | 2 | 3 | 2,014 | $681 | - |
A 10427 Fairway Lane Sold | $1,750,000 | 3 | 4 | 2,209 | $792 | 0.6 mi |
B 9662 Willow Court Sold | $1,365,000 | 3 | 4 | 2,324 | $587 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this property is over 30 years old and retains most of its original finishes. While very well-maintained and move-in ready, the kitchen and bathrooms are dated, featuring 90s-era white tile countertops, raised-panel cabinets, and gold-tone fixtures. The systems are likely nearing the end of their functional lifespan, and the interior requires cosmetic modernization to reach current market standards.
Ideally situated within the prestigious Carmel Valley Ranch, providing immediate access to premium amenities including the golf course, clubhouse, pool, and spa.
With over 2,000 square feet, the residence offers a generous layout featuring dual fireplaces, a large primary suite, and a seamless transition to a private garden patio.
Located within the highly-rated Carmel Unified School District, adding significant long-term value and appeal for families or future resale.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2014, other record living area = 1943.
The monthly HOA fee of $1,050 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
Having spent 99 days on the market with multiple price reductions, the property may face perception issues regarding its value relative to current market conditions.
Carmel Valley Ranch is more than a home its a lifestyle. This spacious 2-bedroom, 3-bath residence is ideally located near the golf course, clubhouse, pool, and spa. Inside, approximately 2,014 square feet offer an easy, comfortable layout with open living spaces, fireplaces in both the living room and primary suite, a generous kitchen that opens to the family room, formal dining, a large walk-in closet in the primary suite, and a private garden patio for seamless indoor-outdoor living. A rare opportunity to enjoy the relaxed resort lifestyle that makes Carmel Valley Ranch so special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.8 |
| Baths | 3.0 | 1.8 |
| Square foot | 2,014 | 1,173.727 |
| Lot Size | 963 | 1,650.545 |
| Price | $1.52M | $949.9K |
| Price per sq ft | $757 | $790 |
| Built year | 1992 | 1970 |
| HOA | $1050.0 | $1.3K |
| Days on market | 105 | 69 |
Jul 27, 2026
$1,525,000
$1,575,000
-3% Price Drop
Initial Listing
Jul 1, 2026
$1,575,000
$1,595,000
-1% Price Drop
Initial Listing
May 27, 2026
$1,595,000
Initial Listing
Jul 10, 2024
$1,540,000
Public Record
Sep 2, 2009
$650,000
Public Record
Jul 29, 2002
$730,000
Public Record