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73 Mount Devon Rd, Carmel, CA, 93923

5beds
4baths
3,514sqft
$2,395,000
$682price/sqft
$15,452/moest. monthly cost
$618,080/yrincome needed

About This Home

This extraordinary Carmel Highlands is a rare offering steeped in history, artistry and timeless coastal beauty. Designed to live flexibly, the home can be enjoyed as two or three separate units or one expansive family retreat. Originally built as a 915 sq ft cabin, the home was thoughtfully expanded in 1975 with a striking architectural addition designed by Peter Lee and crafted by master builder Stephen Trapkus alongside the current family who have cherished it for over 50 years. The result is a soulful blend of rustic charm and architectural elegance, where soaring wood-beamed ceilings, rich hardwood floors, and walls of glass frame sweeping wooded and peek-a-boo ocean views. Natural light floods every room, creating warm and inviting interiors that harmonize with the surrounding redwoods, Monterey pines, and rugged coastline. Carmel Highlands itself has a storied legacy, envisioned in 1915 by Frank Devendorf as a creative haven for artists, writers, and sculptors. Now enhanced with modern amenities, including high-speed internet for those seeking both seclusion and connectivity. This property embodies the magic of Carmel Highlands where history, art, and nature converge. Private Beach Access! Welcome Home!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

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: 1958

Materials

  • Foundation: Pillar/Post/Pier,Slab
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Custom,Rustic
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Built In Gas Oven/Range,Refrigerator,Washer/Dryer

Bathroom

  • Features: ShowerandTub, StallShower, UpdatedBaths

Bedroom

  • Features: LoftBedroom, PrimarySuiteRetreat, PrimaryBedroom2plus

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: DiningFamilyCombo

Family Room

  • Features: KitchenFamilyRoomCombo, SeparateFamilyRoom

Features

  • High Ceilings,Vaulted Ceiling(s),Open Beam Ceiling
  • Flooring: Concrete,Wood
  • Number of fireplaces: 2
  • Fireplace features: Free Standing,Wood Burning

Heating & Cooling

  • Heating features: Electric,Fireplace(s)
  • Cooling features: None

Interior Area

  • Total structure area: 3,514
  • Total interior livable area: 3,514 sqft

Property

Details

  • Parcel number: 241092002000
  • Zoning: multifamily
  • Special condition: Standard

Features

  • Stories: 1
  • Patio & porch: Balcony/Patio,Deck
  • Exterior features: Courtyard
  • Has view: Yes
  • View description: Forest/Woods,Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 1.14 Acres
  • Features: Sloped Down

Parking

  • Total spaces: 4
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

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 $12,110$145,320
Home Insurance *$455$5,460
Property Taxes $2,134$25,608
Electricity $753$9,042
Total$15,452$185,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$529,782/yr
40% on housing$463,560/yr
45% on housing$412,053/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

$682This listing

vs Other Active Listings

Avg $/sqft

ZIP 93923$1,184
Monterey County$769

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
2026-05-12Price change$2,495,000
2026-04-14Listed for sale$2,750,000
2026-03-30Listing removed$2,750,000
2026-01-06Price change$2,750,000
2025-09-25Listed for sale$2,995,000
2019-09-14Listing removed$4,000
2019-08-01Listed for rent$4,000

For Sale by Agent

AgentErnesto Sexton
BrokerageSexton Group Real Estate

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