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72 Fern Canyon Rd, Carmel, CA, 93923

9beds
12baths
12,175sqft
$13,750,000
$1,129price/sqft
$86,743/moest. monthly cost
$3,469,720/yrincome needed

About This Home

Breathtaking views of the coastline stretching from Point Lobos to sunsets across the Pacific Ocean, this private 14-acre estate in Carmel Highlands has long served as a source of inspiration for Grammy-Award winning composer Alan Silvestri, whose work includes iconic scores for Back to the Future, Forrest Gump & The Avengers. The beautifully reimagined Craftsman-style main residence is distinguished by its architectural character and craftsmanship. Locally sourced jade, stone, & redwood are woven into the design creating a blend of elegance and authenticity. Enjoy the stunning ocean view setting with a swimming pool & hot tub, landscaped grounds & a private tennis court. Also featuring 3 guesthouses, each with its own story to tell, offering versatile spaces for family, guests or creative pursuits. Just a short drive from the charm of Carmel, this extraordinary property combines natural splendor with meticulous design, offering a rare opportunity to experience both inspiration & serenity.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

9/10
7/10
Carmel Middle SchoolGrades 6-83.3 mi
10/10
Carmel High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 1921

Materials

  • Foundation: Block,Other
  • Roof: Other
  • Construction materials: Concrete,Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Exhaust Fan,Freezer,Disposal,Range Hood,Microwave,Other,Double Oven,Refrigerator,Washer/Dryer

Bathroom

  • Features: Bidet, DoubleSinks, PrimaryStallShowers, PrimaryTubwJets, Skylight, StallShower, Stone, Tile, FullonGroundFloor, HalfonGroundFloor

Bedroom

  • Features: GroundFloorBedroom, PrimarySuiteRetreat, WalkinCloset

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 12
  • Full bathrooms: 10
  • 1/2 bathrooms: 2

Dining Room

  • Features: BreakfastNook, FormalDiningRoom

Family Room

  • Features: SeparateFamilyRoom

Features

  • One Or More Skylights,Wet Bar,Open Beam Ceiling,Walk-In Closet(s),Security Gate
  • Flooring: Carpet,Hardwood,Slate,Stone,Tile
  • Number of fireplaces: 8
  • Fireplace features: Family Room,Living Room,Primary Bedroom,Other Location,Outside,Wood Burning

Heating & Cooling

  • Heating features: Fireplace(s),Radiant
  • Cooling features: Other

Interior Area

  • Total structure area: 12,175
  • Total interior livable area: 12,175 sqft

Kitchen

  • Features: ExhaustFan, Island, IslandwithSink, Other, Pantry, Skylights

Property

Details

  • Parcel number: 241081003000
  • Zoning: LDR/1-D-Sptr(CZ)
  • Special condition: Standard

Features

  • Stories: 2
  • Pool features: In Ground,Pool/Spa Combo
  • Patio & porch: Balcony/Patio,Deck
  • Exterior features: Back Yard,Barbecue,Fenced,Tennis Court(s)
  • Spa features: Pool/SpaCombo
  • Has view: Yes
  • View description: Hills,Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 14.71 Acres
  • Features: Gentle Sloping,Sloped Down

Parking

  • Total spaces: 7
  • Parking features: Attached,Detached,Electric Gate,Guest,Other
  • Has garage: Yes
  • Attached garage spaces: 7
  • Covered spaces: 7

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
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High

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 $69,527$834,324
Home Insurance *$2,615$31,380
Property Taxes $11,991$143,892
Electricity $2,610$31,329
Total$86,743$1,040,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,974,045/yr
40% on housing$2,602,290/yr
45% on housing$2,313,146/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

$1,129This listing

vs Other Active Listings

Avg $/sqft

ZIP 93923$1,179
Monterey County$768

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)

No zestimate history available

Price History

DateEventPrice
2026-03-07Price change$13,750,000
2025-01-24Listed for sale$16,800,000
2020-06-10Listing removed$11,950,000
2020-01-28Price change$11,950,000
2019-05-28Listed for sale$13,950,000
2019-04-24Listing removed$16,950,000
2018-08-15Listed for sale$16,950,000

For Sale by Agent

AgentShelly Lynch
BrokerageCarmel Realty Company

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