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31453 Highway 1 Rd, Carmel, CA, 93923

5beds
6baths
8,855sqft
$13,500,000
$1,525price/sqft
$84,507/moest. monthly cost
$3,380,280/yrincome needed

About This Home

Set between the dramatic Carmel coastline and the Santa Lucia Mountains lies a private retreat in perfect balance with land and sea. Stone steps lead to this five-bedroom, six-bathroom contemporary coastal chalet, where a tiled foyer and vaulted, beamed ceilings create an immediate sense of grandeur. At its heart, a living room with a stone fireplace and soaring ceilings is bathed in light from expansive windows and skylights, offering stunning views from Yankee Point to Big Sur. The chef's kitchen features custom cabinetry, a spacious island, and a breakfast bar, flowing seamlessly into the dining room, bar, and outdoor BBQ space. The primary suite is a luxurious retreat with ocean views, a wood-burning fireplace, terrace access, and a spa-like bath with a walk-in closet. Four additional bedrooms offer comfort for family and guests. Outside, enjoy a pool, hot tub, pizza oven, grill, and firepit terrace surrounded by beautifully landscaped grounds. Additional highlights include a home theater, sauna, wine cellar, dual offices, and a private guest suite with its own entrance and full amenities. This rare estate in Victorine Ranch offers timeless beauty, privacy, and a legacy of luxury just minutes from downtown Carmel.

Getting Around

1
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 9-125.7 mi

Construction

Condition

  • Year built: 1992

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Fan,Freezer,Disposal,Range Hood,Double Oven,Self Cleaning Oven,Gas Oven/Range,Refrigerator,Washer/Dryer,Warming Drawer
  • Laundry features: Tub/Sink,Inside

Bathroom

  • Features: DoubleSinks, Granite, StallShower2plus, Stone, Tile, TubinPrimaryBedroom, UpdatedBaths, FullonGroundFloor

Bedroom

  • Features: GroundFloorBedroom, PrimarySuiteRetreat, WalkinCloset, PrimaryBedroomonGroundFloor, BedroomonGroundFloor2plus

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 6

Dining Room

  • Features: DiningArea, DiningBar, Skylights

Family Room

  • Features: KitchenFamilyRoomCombo

Features

  • High Ceilings,One Or More Skylights,Vaulted Ceiling(s),Wet Bar,Open Beam Ceiling,Walk-In Closet(s),Security Gate
  • Flooring: Stone,Tile,Wood
  • Number of fireplaces: 5
  • Fireplace features: Family Room,Gas Starter,Living Room,Primary Bedroom,Other Location,Outside,Wood Burning

Heating & Cooling

  • Heating features: Fireplace(s),2 plus Zones,Radiant,Radiant Floor
  • Cooling features: None

Interior Area

  • Total structure area: 8,855
  • Total interior livable area: 8,855 sqft

Kitchen

  • Features: Countertop_Marble, ExhaustFan, Island, Pantry, Skylights

Property

Details

  • Parcel number: 243221026000
  • Zoning: WSC/40-D(CZ)
  • Special condition: Standard

Features

  • Stories: 3
  • Pool features: Cabana Dressing Room,Heated,In Ground,Sauna or Steam Room,Pool Sweep
  • Patio & porch: Balcony/Patio
  • Exterior features: Back Yard,Barbecue,Fenced,Fire Pit,Drought Tolerant Plants
  • Spa features: Other,Spa/HotTub
  • Fencing: Perimeter,Mixed Height Type,Wood
  • Has view: Yes
  • View description: Mountain(s),Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 6.50 Acres
  • Features: Gentle Sloping

Parking

  • Total spaces: 3
  • Parking features: Attached,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 $68,263$819,156
Home Insurance *$2,568$30,816
Property Taxes $11,778$141,336
Electricity $1,898$22,786
Total$84,507$1,014,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,897,382/yr
40% on housing$2,535,210/yr
45% on housing$2,253,520/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

$1,525This listing

vs Other Active Listings

Avg $/sqft

ZIP 93923$1,175
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)

No zestimate history available

Price History

DateEventPrice
2026-03-31Price change$13,500,000
2025-05-05Listed for sale$14,500,000
2008-11-22Listing removed$7,500,000
2008-09-29Listed for sale$7,500,000

For Sale by Agent

AgentJonathan Spencer
BrokerageCompass

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