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0 1st Ave 2 Ne Of Carpenter, Carmel, CA, 93921

3beds
3baths
1,586sqft
$2,995,000
$1,888price/sqft
$17,329/moest. monthly cost
$693,160/yrincome needed

About This Home

A beautifully renovated French Country home offering Carmel character with modern updates. Originally built in 2008 and fully renovated in 2022, the home welcomes you through a charming grape stake fence and front patio, then opens into a warm, light-filled interior. Cathedral ceilings, exposed wood beams, French Oak floors, hand-plastered walls, and a stone fireplace create an inviting main living space. The chef's kitchen features a striking emerald quartzite island, high-end appliances, and custom cabinetry. Upstairs, the primary suite features a gas fireplace, balcony, and a spacious bathroom with a jetted tub, walk-in shower, and dual sinks. The two bedroom two bath main house opens up through French doors to extend the living area to a private backyard with beautiful landscaping and multiple seating areas. A separate one-bedroom guest house, currently used as an art studio, is set across the patio and provides flexible space for visitors or work. The detached garage contributes to the property's storybook curb appeal and includes utility space. Located within easy walking distance of downtown Carmel, this special home offers the quintessential Carmel-by-the-Sea lifestyle.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

9/10
7/10
Carmel Middle SchoolGrades 6-81.7 mi
10/10
Carmel High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 2008

Materials

  • Foundation: Slab,Crawl Space
  • Roof: Slate

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom,French,Luxury,Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Range Hood,Microwave,Built In Gas Oven/Range,Refrigerator,Washer/Dryer
  • Laundry features: Inside

Bathroom

  • Features: DoubleSinks, PrimaryStallShowers, TubinPrimaryBedroom, TubwJets, FullonGroundFloor, PrimaryOversizedTub

Bedroom

  • Features: GroundFloorBedroom, WalkinCloset

Bedrooms & Bathrooms

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

Dining Room

  • Features: DiningArea, DiningBar

Family Room

  • Features: KitchenFamilyRoomCombo

Features

  • High Ceilings,One Or More Skylights,Vaulted Ceiling(s),Open Beam Ceiling,Walk-In Closet(s)
  • Flooring: Hardwood,Travertine
  • Number of fireplaces: 2
  • Fireplace features: Gas Log,Insert,Living Room,Primary Bedroom

Heating & Cooling

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

Interior Area

  • Total structure area: 1,586
  • Total interior livable area: 1,586 sqft

Kitchen

  • Features: Island

Property

Details

  • Parcel number: 009144005000
  • Zoning: Residential
  • Special condition: Standard

Features

  • Stories: 1
  • Exterior features: Fenced
  • Fencing: Back Yard,Front Yard,Gate
  • Has view: Yes
  • View description: Forest/Woods,Hills

Lot

  • Lot size: 4,000 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached,Electric Vehicle Charging Station(s)
  • 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
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

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 $15,144$181,728
Home Insurance *$215$2,580
Property Taxes $1,572$18,864
Electricity $398$4,786
Total$17,329$207,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$594,137/yr
40% on housing$519,870/yr
45% on housing$462,106/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

$1,888This listing

vs Other Active Listings

Avg $/sqft

ZIP 93921$2,332
Monterey County$767

vs Homes Sold Last Month

Median $/sqft

ZIP 93921$2,115
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
2026-08-07Contingent$2,995,000
2026-07-23Price change$2,995,000
2026-07-06Listed for sale$3,195,000

For Sale by Agent

AgentTim Allen
BrokerageColdwell Banker Realty

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