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Golden Opportunity! Large home, prize location, oversized corner lot, ample water credits, ocean view, curb appeal...but NOT historical! Rare chance to pour your heart and treasure into remodeling a Carmel Golden Rectangle home where your love and investment will be amply rewarded. This 2800+ sq.ft. 5-BR home sits on a prime double-lot just two blocks from Ocean Ave, one block from La Playa Inn and a short stroll to the beach. The home's attractive profile beckons from behind a leafy bower, but the interior needs your vision and your contractor/designer/architect's talents for a thorough remodel. Four full baths mean plenty of water to work with, and the 8,000 sq.ft. lot ringed by privacy hedges can accommodate building expansion or a large private garden. Enjoy the ocean's sight, sound and scent from the deck at dawn and dusk...then stroll two blocks to Ocean Ave for coffee & pastry or dinner and dessert. This will be a big project....but it's the perfect vessel for your Carmel dreams.
Listing agent: Patrick J. Kennelly DRE #01482979 thekennellys@gmail.com, Listing office: Berkshire Hathaway HS Real Time Realty
MLS data updated 10/26/2026, 10:00:45 PM PT
Source: CRMLS, MLS #: ML81943330
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 26, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$5,300,000Closed sale · Oct 26, 2023ZIP 93921 · Oct 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.