Carpenter Rd #3, Carmel, CA, 93923
About This Home
On a light-filled, south-facing lot set behind a tall privacy fence, lives a sweet little Carmel cottage with a warm disposition and charm that just won't quit. This home lives far bigger than you'd imagine and is wonderful for entertaining guests. The generous stone patio and elevated, carved-railing front porch are perfect for everything from morning coffee to evening cocktails. The updated kitchen is built for a chef with a professional range, farmhouse sink, and sunny greenhouse garden window, all with wonderful flow and use of space. The living room is the heart of the home, wrapped in windows and anchored by a stone fireplace with an antique insert, all beneath a beautiful beamed ceiling. A serene bedroom and a spa-like bath with a soaking tub, marble details, and a leaded-glass window complete the main level. Downstairs, the beautifully finished lower level, with travertine floors and jewel-toned stained glass, is a perfect flex space: art or music studio, wine cellar and tasting room, media room, home office, or whatever your heart desires. If a Carmel cottage is your cup of tea, then this might be an ideal tea time!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1941
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Microwave,Built In Gas Oven/Range,Refrigerator,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: DiningAreainLivingRoom
Family Room
- Features: SeparateFamilyRoom
Features
- Flooring: Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Living Room
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
Property
Details
- Parcel number: 009144008000
- Zoning: R-1
- Special condition: Standard
Features
- Stories: 1
Lot
- Lot size: 4,000 sqft
Parking
- Total spaces: 1
- Parking features: Detached,Off Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered 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
- 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 | $7,964 | $95,568 |
| Home Insurance * | $299 | $3,588 |
| Property Taxes | $826 | $9,912 |
| Electricity | $398 | $4,786 |
| Total | $9,487 | $113,844 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-03 | Listed for sale | $1,575,000 |
View on Zillow