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For more than a century, Carmel has provided sanctuary and played generous muse to artists, poets, writers and anyone with an inborn sense of beauty and a profound connection to the simple grandeur of nature. Few properties convey this unique legacy as palpably as 232 Highway 1. Originally built in 1920, this Spanish Revival style home is a masterwork of a caliber so rarely observed in our modern world. Each room rewards those attuned to intricate details: hand-painted ceilings and exposed wood beams, sculpted doors and columns, elaborate tile work, and curved windows revealing views of cypress trees and framing a wild and eternal sea beyond. A renovation in the early 2000s introduced modern amenities while preserving the architectural qualities and fine features that make this property truly special. Wake up each morning to an ocean panorama in the upstairs primary suite, which adjoins a dazzling, mosaic-clad bathroom and a refined study with a fireplace. The kitchen is a revelation with a La Cornue range, and the downstairs Turkish spa is a banquet for the senses, beckoning visitors into the soaking tub, the dry sauna, or the steam and waterfall shower to delight in a multi-sensory experience for the mind, body, and soul in a sublime, otherworldly setting.
Listing agent: The Ruiz Group DRE #70010112 peteruiz@kw.com, Listing office: Keller Williams Realty
MLS data updated 10/20/2026, 5:55:08 PM PT
Source: CRMLS, MLS #: ML81968775
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 5, 2024
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
$5,335,000Closed sale · Jul 5, 2024ZIP 93923 · Jul 2024
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.