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0 Carmelo 4 SE of Ocean Avenue — Carmel — 7 Beds • 7 Baths • 3,378 Sq Ft | Belmont Brokerage

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$10,995,000

$3,255/ft²

0 Carmelo 4 SE of Ocean Ave, Carmel, CA 93921

Property Description

Beautifully renovated and designed for entertaining, this 7-bedroom, 7-bathroom Carmel beach house offers generous space to enjoy life by the coast, with views of the ocean and Point Lobos. Just two blocks from Carmel's white-sand beach and a couple more from downtown's boutiques and restaurants, the home places the best of village life within easy reach. The open floor plan features an ocean-view living room with cedar-beamed ceilings, an adjoining dining area, and a chef's kitchen with an island and high-end appliances. Outside, a covered, heated patio is equipped with a wet bar, TV, and Carmel stone fireplace, while the spacious, private backyard features brick paving and a built-in firepit. Downstairs, a cozy family room with a wet bar, wine fridge, full bathroom, and separate entry provides flexibility for guests. Lush landscaping and charming pathways surround the home, complemented by an attached two-car garage with a deck above. With its impressive scale and oversized 8,000 sq ft lot, this home is a rare find in Carmel's sought-after Golden Rectangle.

Listing provided by: Tim AllenDRE #00891159(831) 626-2221 team@timallenproperties.com, Coldwell Banker Realty

MLS #: ML82060565

FLIP & EXPANSION SIMULATORJACKPOT FLIP

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$2.94M

+82.9% ROI

Rehab + Add$581K

Est. ARV$15279K

Est. Profit+$2.94M

Proj. ROI83%

Sqft to Add (Expansion / ADU)+600 sqft (3,978 total sf)

Remodel Rate (Existing Space)$140/sqft ($473K total)