NOT LISTED FOR SALE

Estimated Value: $5,799,000 - $8,748,000

5 Beds
5.5 Baths
3,653 Sq Ft
$2,070/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $7,250,000 $1,985 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $42,196/month

15 Days on Market

Highlights

  • Above Ground Spa
  • Primary Bedroom Suite
  • Wood Flooring
  • Carmel River Elementary School Rated A
  • Skyline View
  • Main Floor Primary Bedroom

About This Home

As of August 2024

"Stonewater" is renowned for being one of the most well designed and perfectly situated homes in the Carmel Highlands. Captivating views of Wildcat Cove can be seen throughout the property, with multiple sets of nano doors that embrace indoor - outdoor living, all while capturing dramatic views of the ocean. The home, originally constructed in 1919, maintains its character and charm while enjoying a contemporary interior that perfectly blends timeless design with convenience. Within the main home, there are 4 bedrooms and 3.5 bathrooms. Dueling primary suites on each of the main levels provide for flexibility of lifestyle. In addition to the main living areas, there is an attached, but private, suite that is ideal for guests. It enjoys its own access, and contains a bedroom and bathroom, and is completed with its own fireplace. An entertaining paradise, the property lives true to its namesake with stone walkways that frame a multitude of private outdoor spaces, including a small vineyard. A rarity in the Highlands, this property is a short distance to the esteemed Highlands Inn and its restaurant, which removes the necessity to drive for dinner and drinks. There are a number of homes in the Carmel Highlands, but a very rare few that lay claim to all that is 151 Highlands Drive

Last Agent to Sell the Property

Dillon Staples

Compass License #02127946 Listed on: 05/22/2024

Compass

Co-Listed By

Charlotte Gannaway

Compass License #01880765

Last Buyer's Agent

Ashley Wayland

Wayland Properties, Inc. License #01876699

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 0.57 Acre Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Electric Gate

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,653 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • 5 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Separate Family Room
  • Dining Area
  • Wood Flooring
  • Skyline Views
  • Security Gate
  • Gas Oven
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Bathroom on Main Level

Pool

  • Above Ground Spa

Utilities

  • Forced Air Heating System
  • Propane
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 241-181-010

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3653
  • Year Built: 1919
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Dual Fuel, Oven Range - Gas
  • Living Sq Ft: 3653
  • Stories: 2
  • Bedrooms: Primary Bedroom on Ground Floor, Primary Suite / Retreate - 2+
  • Laundry: Inside
  • Flooring: Wood
  • Fireplaces Min: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Skylight
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Pool Description: Spa - Above Ground
  • Roof: Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate

Lot Info

  • Parcel Number: 241-181-010
  • Lot Acres: 0.5700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 24829.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 24829.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 1, 2024
Sold by
Mountford Paul
Bought by
Smc Real Estate Ventures Llc
Seller's Agent
Dillon Staples
Compass
Buyer's Agent
Ashley Wayland
Wayland Properties, Inc.
List Price
$7,995,000
Sold Price
$7,250,000
Premium/Discount to List
-$745,000
-9.32%
Views
150
Current Estimated Value
$7,560,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,936
Avg. Annual Appreciation
2.90%

Purchase Details

Closed on
Sep 2, 2015
Sold by
Mountford Ann and Mountford Ann Carroline
Bought by
Mountford Paul

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 27, 2015
Sold by
Baker Barbara A
Bought by
Mountford Paul
Seller's Agent
John Saar
Sotheby’s International Realty
Buyer's Agent
John Saar
Sotheby’s International Realty
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Johnson Paul C and Johnson Audrey A
Bought by
Baker Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,446,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2003
Sold by
Johnson Paul C and Johnson Audrey A
Bought by
Johnson Paul C and Johnson Audrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$953,000
Interest Rate
4.75%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Kenaston Polly B
Bought by
Johnson Paul C and Johnson Audrey A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smc Real Estate Ventures Llc $7,250,000 Chicago Title
Mountford Paul -- Old Republic Title Company
Mountford Paul $2,400,000 Old Republic Title Company
Baker Barbara A $2,225,000 Old Republic Title Company
Johnson Paul C -- Old Republic Title
Johnson Paul C $2,200,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Barbara A $1,446,250
Previous Owner Johnson Paul C $953,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2024 08/06/24 Sold $7,250,000 -9.3% $1,985 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $7,995,000 +233.1% $2,189 / Sq Ft
02/06/2015 02/06/15 Sold $2,400,000 -12.7% $593 / Sq Ft View Prior Sale
11/10/2014 11/10/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $2,750,000 -- $680 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,740 $7,250,000 $2,250,000 $5,000,000
2024 $34,740 $7,250,000 $2,250,000 $5,000,000
2023 $32,605 $2,772,427 $1,443,973 $1,328,454
2022 $31,682 $2,718,066 $1,415,660 $1,302,406
2021 $31,327 $2,664,771 $1,387,902 $1,276,869
2020 $30,726 $2,637,448 $1,373,671 $1,263,777
2019 $30,166 $2,585,735 $1,346,737 $1,238,998
2018 $29,587 $2,535,035 $1,320,331 $1,214,704
2017 $29,006 $2,485,330 $1,294,443 $1,190,887
2016 $28,558 $2,436,599 $1,269,062 $1,167,537
2015 $27,308 $2,325,352 $1,280,250 $1,045,102
2014 $27,012 $2,279,802 $1,255,172 $1,024,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81966823

MLSListings

APN: 241-181-010-000