142 Carmel Riviera Dr, Carmel, CA, 93923
About This Home
Yankee Point remains one of the most tightly held coastal enclaves on the Monterey Peninsula defined by something nearly impossible to replicate today flat, walkable access to the Pacific, and a handful of homes that live with the ocean rather than above it. Set on nearly half an acre, 142 Carmel Riviera Drive offers over 4,200 square feet with 4 bedrooms, an office, and 3.5 bathrooms within a short walk to the water. South and west facing exposures bring in natural light and ocean views, most notably from the primary suite. Two private coastal access points Otter Cove and Yankee Point Beach are just steps away, reinforcing the property's connection to the shoreline. Substantial water credits, supporting 3.5 bathrooms and a pool. For a buyer willing to modernize and unlock its full potential, this is one of the more compelling value opportunities currently available near this close to the ocean. Minutes from Point Lobos State Natural Reserve and just south of Carmel-by-the-Sea, with the gateway to Big Sur beginning nearby, this property sits at the intersection of privacy, accessibility, and long-term coastal scarcity.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1961
Materials
- Foundation: Concrete Perimeter,Raised
- Roof: Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Range Hood,Microwave,Gas Oven/Range,Refrigerator,Wine Refrigerator,Washer/Dryer
- Laundry features: In Utility Room
Bathroom
- Features: DoubleSinks, Granite, PrimaryStallShowers, StallShower2plus, TubinPrimaryBedroom, FullonGroundFloor, PrimaryOversizedTub
Bedroom
- Features: PrimarySuiteRetreat, WalkinCloset, BedroomonGroundFloor2plus, PrimaryBedroom2plus
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Features: EatinKitchen, FormalDiningRoom
Family Room
- Features: SeparateFamilyRoom
Features
- Wet Bar,Walk-In Closet(s)
- Flooring: Carpet,Hardwood,Tile
- Number of fireplaces: 3
- Fireplace features: Family Room,Gas Log,Living Room,Primary Bedroom
Heating & Cooling
- Heating features: Central Forced Air
- Cooling features: None
Interior Area
- Total structure area: 4,260
- Total interior livable area: 4,260 sqft
Kitchen
- Features: Countertop_Granite, IslandwithSink
Property
Details
- Parcel number: 243163004000
- Zoning: R-1
- Special condition: Standard
Features
- Stories: 2
- Pool features: In Ground,Indoor
- Patio & porch: Balcony/Patio,Deck
- Exterior features: Back Yard,Fenced,Storage Shed Structure
- Fencing: Wood
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Lot size: 0.39 Acres
Parking
- Total spaces: 4
- Parking features: Attached,Off Street
- 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
- Earthquake
- Landslide
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Monterey County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $17,187 | $206,244 |
| Home Insurance * | $646 | $7,752 |
| Property Taxes | $2,969 | $35,628 |
| Electricity | $913 | $10,962 |
| Total | $21,715 | $260,580 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-01 | Price change | $3,399,000 |
| 2026-06-03 | Price change | $3,499,000 |
| 2026-05-17 | Listed for sale | $3,699,000 |
| 2023-11-22 | Sold | $3,600,000 |
| 2023-11-13 | Pending sale | $3,495,000 |
| 2023-11-01 | Listed for sale | $3,495,000 |
| 2015-01-20 | Sold | $1,100,000 |
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