Crespi 2 Ne Of Flanders, Carmel By The Sea, CA, 93921
About This Home
Galewood is a charming compound that carries the quiet luxury of a Carmel property held in one family for more than 50 years. Timelessly crafted, the main house offers 5 bedrooms and 4.5 baths across 3,336 SqFt, with 4 fireplaces, hardwood floors, brick tile accents, and warm redwood interiors. Tucked into its own corner of the grounds is a quaint, 878 SqFt cottage with 1 bedroom and 1 bathroom. The Barn, crafted by Daniels and House, features 665 SqFt of living space with 1 bedroom and 1 bathroom, along with a 4-car garage. Behind the Barn is a bridge connecting directly into Mission Trail Park, a 34-acre preserve with winding trails. Outdoor amenities include a dual-sport court, large deck overlooking the forest, tiered entertaining areas, lighted pathways, and lush gardens. Together, these pieces form an elevated Carmel compound with 4,879 SqFt of total living space across nearly 26,000 SqFt of land, providing an unplugged, summer-camp-like sense of escape. With its rare scale and history, the property supports multigenerational living, a generational family retreat, investment options, or a timeless legacy estate.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1945
Materials
- Foundation: Block,Slab
- Roof: Shake
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Dining Room
- Features: FormalDiningRoom, Other
Family Room
- Features: Other
Features
- Number of fireplaces: 4
- Fireplace features: Family Room,Living Room,Other Location,Wood Burning
Heating & Cooling
- Heating features: Central Forced Air Gas,Electric,Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 3,336
- Total interior livable area: 3,336 sqft
Property
Details
- Parcel number: 010054014000
- Zoning: R1
- Special condition: Standard
Lot
- Lot size: 0.59 Acres
Parking
- Total spaces: 4
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Earthquake
- Inland Flooding
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 | $21,212 | $254,544 |
| Home Insurance * | $301 | $3,612 |
| Property Taxes | $2,202 | $26,424 |
| Electricity | $715 | $8,584 |
| Total | $24,430 | $293,160 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Price change | $4,195,000 |
| 2025-12-11 | Listed for sale | $4,500,000 |
View on Zillow