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5155 Carmel Valley Rd, Carmel, CA, 93923

1beds
1baths
911sqft
$3,595,000
$3,946price/sqft
$22,410/moest. monthly cost
$896,400/yrincome needed

About This Home

The Hatton Ranch meadows. A one-of-a-kind legacy property representing one of the last remaining portions of the historic Hatton Ranch, offering nearly 13 acres of usable meadows, majestic oaks, and sweeping south-facing views of the Santa Lucia Mountains just moments from Carmel-by-the-Sea. Raised high above the Valley, one would have barely an inkling of their incredible proximity to town. Gated, but with no HOA, a private well system supports the future construction of a substantial main residence, creating a rare opportunity to establish a true legacy estate. Existing improvements include a renovated one-bedroom, one-bath cottage, previously from the old Carmel Dairy, and a renovated barn, original to the ranch, now the home of an office/gym. With expansive usable acreage so uniquely close to the beach, the ranch is ideally suited for a private family retreat, equestrian pursuits, a large car barn, potential agricultural uses, or enjoy the property as-is and land bank it for future generations. Spend your days watching families of deer, turkeys, peacocks, foxes and bobcats roam the meadows. Or pop into town in minutes for a cocktail before dinner. The kind of property that speaks directly to the soul, this is true Valley living, only right in town.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
7/10
Carmel Middle SchoolGrades 6-81.0 mi
10/10
Carmel High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Oven/Range
  • Laundry features: In Utility Room

Bathroom

  • Features: DoubleSinks, StallShower, Tile

Bedroom

  • Features: PrimaryBedroomonGroundFloor

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: DiningArea

Family Room

  • Features: NoFamilyRoom

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 911
  • Total interior livable area: 911 sqft

Property

Details

  • Parcel number: 015163010000
  • Zoning: R-1
  • Special condition: Standard

Features

  • Stories: 1
  • Horses can be raised: Yes

Lot

  • Lot size: 12.90 Acres

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Landslide
Wildfire

FEMA Declared Disasters in Monterey County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,178$218,136
Home Insurance *$683$8,196
Property Taxes $3,151$37,812
Electricity $398$4,786
Total$22,410$268,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$768,342/yr
40% on housing$672,300/yr
45% on housing$597,600/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,946This listing

vs Other Active Listings

Avg $/sqft

ZIP 93923$1,171
Monterey County$767

vs Homes Sold Last Month

Median $/sqft

ZIP 93923$1,134
Monterey County$589

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-17Listed for sale$3,595,000
2019-04-04Sold$1,125,000
2019-03-05Pending sale$995,000
2019-03-05Listed for sale$995,000
2017-07-27Listing removed$464
2017-07-09Listed for rent$464

For Sale by Agent

AgentRyan Melcher
BrokerageSotheby’s International Realty

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