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This rare one-of-a-kind opportunity offers four oceanview parcels in Carmel, totaling over 1.57 acres. Perfect for further development, this offering is within walking distance to downtown Carmel and runs street-to-street. There are currently 2 living units on the property, including an adorable cottage and a studio with garage underneath, all ready to be enjoyed or generate income. Also included is a separate garage and a two bedroom house that has been gutted and is ready to finish as you see fit. With additional water credits, ocean and mountain views, a park-like setting, and preliminary renderings by Al Saroyan, there are a number of possibilities for the next owner. Seller financing may be available.
Listing agent: Tim Allen DRE #00891159 team@timallenproperties.com, Listing office: Coldwell Banker Realty
MLS data updated 11/1/2026, 9:28:20 PM PT
Source: CRMLS, MLS #: ML81913512
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 18, 2025
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
$4,058,000Closed sale · Feb 18, 2025ZIP 93923 · Feb 2025
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.