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88A Corona Rd, Carmel, CA, 93923

2beds
2baths
1,999sqft
$3,495,000
$1,748price/sqft
$20,598/moest. monthly cost
$823,920/yrincome needed

About This Home

Glass, stone, wood, ocean, and sky. Some homes are built, this one was composed. This extraordinary contemporary residence in Carmel Highlands is unlike anything on the market. Coming to market for the first time in over 50 years, this is a once in a generation opportunity to own something truly irreplaceable. Soaring 18-foot walls of glass flood the great room with natural light and frame an ever changing canvas of pine, oak, and sweeping ocean views. Clean architectural lines, exposed wood beam ceilings, warm redwood framing, and a dramatic stone fireplace create a seamless dialogue between structure and landscape. The floor plan unfolds organically, a dining room perched among the treetops wrapped in glass, skylights that turn every room into a light study, and French doors that dissolve the boundary between interior and garden. The primary suite opens to a private deck with ocean views. A fully self contained second suite with its own bathroom and kitchenette offers flexibility for guests or extended family. Outside, a remarkably flat and usable lot, a tranquil courtyard deck, and lush mature gardens provide the kind of privacy that is nearly impossible to find. No neighbors in sight, no noise, just nature. Deeply private, architecturally rare, and unmistakably one of a kind.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

9/10
7/10
Carmel Middle SchoolGrades 6-83.1 mi
10/10
Carmel High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 1972

Materials

  • Foundation: Concrete Perimeter and Slab
  • Roof: TarGravel

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: FormalDiningRoom

Family Room

  • Features: NoFamilyRoom

Features

  • Number of fireplaces: 1
  • Fireplace features: Wood Burning

Heating & Cooling

  • Heating features: Baseboard,Central Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,999
  • Total interior livable area: 1,999 sqft

Property

Details

  • Parcel number: 241051033000
  • Zoning: R1
  • Special condition: Standard

Lot

  • Lot size: 1 Acres

Parking

  • Total spaces: 4
  • Parking features: Carport
  • Covered spaces: 3
  • Carport: Yes
  • Carport 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

  • 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 $17,672$212,064
Home Insurance *$664$7,968
Property Taxes $1,834$22,008
Electricity $428$5,143
Total$20,598$247,176
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$706,217/yr
40% on housing$617,940/yr
45% on housing$549,280/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

$1,748This listing

vs Other Active Listings

Avg $/sqft

ZIP 93923$1,173
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)

Price History

DateEventPrice
2026-06-09Listed for sale$3,495,000

For Sale by Agent

Agent The Ruiz Group
BrokerageKeller Williams Realty

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