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31475 Highway 1, Carmel, CA, 93923

4beds
6baths
6,923sqft
$8,500,000
$1,228price/sqft
$53,681/moest. monthly cost
$2,147,240/yrincome needed

About This Home

Highway 1 - Some coastline you buy this you inherit. Named for the 1860s Azorean whaler whose family settled this ridge, Victorine Ranch is a gated enclave of just five homes on 460 acres of Carmel Highlands coast. Showcasing 100 protected acres of open space California state coastal conservancy. Whitewater Pacific to the west, the Santa Lucia range to the east, and a coastal cypress grove moss-draped and backlit at golden hour framing the ocean off the primary suite. Wrapped by Point Lobos, Garrapata, and permanently protected open space, this setting will never change: Big Sur seclusion, ten minutes from Carmel. The 6,900 SF residence offers four bedrooms, ocean views from nearly every room, vaulted open beam ceilings, walls of glass, a ground-floor primary, theater, wine cellar, sauna, and guest studio. Stunning as it stands or a rare canvas to elevate; renderings available. At roughly $1,225/SF, this is irreplaceable protected oceanfront priced below renovated comps, with the upside yours to capture. Land like this doesn't come back.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

9/10
7/10
Carmel Middle SchoolGrades 6-85.1 mi
10/10
Carmel High SchoolGrades 9-125.8 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal, Slate
  • Construction materials: Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Exhaust Fan,Freezer,Disposal,Double Oven,Refrigerator,Trash Compactor,Washer/Dryer
  • Laundry features: Inside

Bathroom

  • Features: DoubleSinks, Marble, PrimaryStallShowers, PrimaryTubwJets, Sauna, StallShower2plus, Stone, Tile, FullonGroundFloor, PrimaryOversizedTub

Bedroom

  • Features: GroundFloorBedroom, WalkinCloset, PrimaryBedroomonGroundFloor, BedroomonGroundFloor2plus

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Dining Room

  • Features: BreakfastBar, BreakfastNook, DiningArea, Skylights

Family Room

  • Features: SeparateFamilyRoom

Features

  • High Ceilings,One Or More Skylights,Vaulted Ceiling(s),Video Audio System,Wet Bar,Open Beam Ceiling,Walk-In Closet(s),Security Gate
  • Door features: None
  • Flooring: Carpet,Slate,Tile
  • Number of fireplaces: 3
  • Fireplace features: Family Room,Insert,Living Room,Primary Bedroom

Heating & Cooling

  • Heating features: Fireplace(s),2 plus Zones,Radiant,Radiant Floor
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 6,923
  • Total interior livable area: 6,923 sqft

Kitchen

  • Features: Countertop_Granite, ExhaustFan, IslandwithSink, Pantry

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 243221024000
  • Zoning: WSC/40-D(CZ)
  • Special condition: Standard

Features

  • Stories: 2
  • Pool features: None
  • Patio & porch: Balcony/Patio,Deck
  • Exterior features: Fenced,Drought Tolerant Plants
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s),Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 5.96 Acres
  • Features: Gentle Sloping

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Parking Area
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Landslide
    LandslideVery High
  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Landslide
Wildfire
Earthquake
Inland Flooding

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 $42,980$515,760
Home Insurance *$1,616$19,392
Property Taxes $7,601$91,212
Electricity $1,484$17,814
Total$53,681$644,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,840,491/yr
40% on housing$1,610,430/yr
45% on housing$1,431,493/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

$1,228This listing

vs Other Active Listings

Avg $/sqft

ZIP 93923$1,178
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)

Price History

DateEventPrice
2026-07-01Listed for sale$8,500,000
2013-03-25Sold$3,800,000
2013-02-26Pending sale$4,250,000
2013-01-26Listed for sale$4,250,000
2012-10-11Sold$3,225,000
2012-01-15Price change$5,950,000
2011-09-14Price change$5,850,000
2011-08-19Price change$6,400,000
2011-01-22Listed for sale$6,900,000
2010-11-07Listing removed$6,900,000
2010-10-01Price change$6,900,000
2010-06-04Price change$7,200,000
2010-02-27Price change$7,500,000
2009-12-05Listed for sale$9,500,000

For Sale by Agent

Agent TruszkowskiFreedman
BrokerageEngel & Volkers Carmel

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