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273 W Carmel Valley Road

Carmel Valley, CA 93924
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Bed 4

Bed

Bath 4

Bath

SqFt2,240

Sqft

SqFt49,223

Sqft(Lot)

Located just one mile from Carmel Valley Village, this fully occupied, three unit property is the perfect investment opportunity for any investor or for anyone looking to live in one unit and generate significant income from the others. All of this is situated on over an acre of land. Unit A offers 2 bedrooms and 2 full bathrooms. Unit B features a fireplace within its one-bed, one-bath layout. Unit C offers a private patio off a huge primary suite. With tenants already in place paying current market rents, the property is poised to be generating income for you from day one. Wake up to bright sunshine and drive a minute down the road for fresh coffee from one of the local shops. Of course, the Village is famous for its wine scene. Savor a glass (or two) with friends at a tasting room, drin king in the simplicity so inherent to life here. Pass an afternoon with an invigorating hike at Garland Ranch Regional Park five minutes away. Whether you come to live in one unit and rent the others, or rent all three, you'll want to be the one holding the keys to a property that so easily promotes long-term financial stability while connecting every resident with the wholesome kind of joy that defines Carmel Valley. Financials are available upon request.

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Detail Ic Property Details

Property Type : Residential

Price : $1,549,000

AD Id : 86162313

MLS Id : ML82052264

Beds : 4

Lot Size : 49,223 Sqft

Living Area Size : 2,240

Year Built : 1938

County : Monterey

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4
  • Interior Features

    Roof: Composition Fireplace: Wood Burning
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: Wood Burning Has Fireplace: 1

  • Building Information

    Year Built: 1938 Roof: Composition
  • Accessibility Features

    Other

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.13
  • Lot Size Source: Assessor Lot Size Square Feet: 49223

  • Listing Price Information

    Original List Price: 1,549,000 Listing Contract Date: 2026-06-25
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 187231003000

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: Cross Street: Rancho Rd Zoning: Residential Source Property Type: Residential Area: 699 - Not Defined Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 88 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 2240
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Tassajara Road, Carmel Valley, CA, 93924 $1,250,000 3 3 2,664 2,664 SqFt
Cachagua Road, Carmel Valley, CA, 93924 $959,000 8 4 3,013 3,013 SqFt
37840 Poppy Tree Lane, Carmel Valley, CA, 93924 $710,000 2 1 836 836 SqFt
41800 Tassajara Road, Carmel Valley, CA, 93924 $625,000 2 2 1,056 1,056 SqFt
21900 Parrott Ranch Road, Carmel Valley, CA, 93924 $1,450,000 5 4 1,692 1,692 SqFt
20510 Cachagua Road, Carmel Valley, CA, 93924 $1,095,000 3 2 1,920 1,920 SqFt
20500 Cachagua Road, Carmel Valley, CA, 93924 $1,800,000 10 7 2,800 2,800 SqFt
39700 Laurel Springs Road, Carmel Valley, CA, 93924 $685,000 1 1 902 902 SqFt
20300 Cachagua Road, Carmel Valley, CA, 93924 $12,500,000 3 3 2,470 2,470 SqFt
18 Asoleado Drive, Carmel Valley, CA, 93924 $1,195,000 3 2 2,094 2,094 SqFt

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ByOwner last updated this listing 06/30/2026 @ 04:17

MLS: ML82052264 SOURCE: CRMLS

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