228 Lower Walden Rd Carmel, CA 93923
Carmel Highlands NeighborhoodEstimated payment $44,476/month
Total Views
34,177
4
Beds
4.5
Baths
6,502
Sq Ft
$1,230
Price per Sq Ft
Highlights
- Ocean View
- 1.8 Acre Lot
- Den
- Carmel River Elementary School Rated A+
- Family Room with Fireplace
- Formal Dining Room
About This Home
Offered for the first time in nearly 50 years, this extraordinary Carmel Highlands estate is a rare, once-in-a-generation opportunity for the ultimate in coastal privacy and convenience. Perched above the pristine Spindrift coast, it boasts sweeping, unobstructed whitewater views of Point Lobos, Yankee Point, and the endless Pacific beyond. The orientation of the house enables views of the sun dropping into the ocean every night of the year. The architectural soul of the home has remained intact, with major renovations executed so seamlessly that they feel original. Spanning four levels, the main house features sophisticated finishes, a sauna, steam shower, theater, and expansive terraces and balconies overlooking lush grounds. Hand-carved limestone fireplaces sourced from Arroyo Seco with French-style laid brick lend warmth and timeless character in the library and living room. The lot is almost ~2 flat, usable acres with mature landscaping, tranquil fountains, and a rare natural spring. A detached, 2-bay garage and private guest studio offers flexibility for hosting or options for on-property caretaking. Studded with redwoods and screened by mature hedges, the property offers serenity, security, and the ultimate in coastal privacy. This is not just another house, it's a legacy.
Open House Schedule
-
Saturday, August 30, 202512:00 to 3:00 pm8/30/2025 12:00:00 PM +00:008/30/2025 3:00:00 PM +00:00Add to Calendar
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Sunday, August 31, 20252:00 to 4:00 pm8/31/2025 2:00:00 PM +00:008/31/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,968
Year Built
- Built in 1937
Lot Details
- 1.8 Acre Lot
Parking
- 2 Car Detached Garage
Home Design
- Raised Foundation
- Wood Shingle Roof
Interior Spaces
- 6,502 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Formal Entry
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Den
- Ocean Views
- Crawl Space
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 241-202-004-000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,968 | $1,075,952 | $313,925 | $762,027 |
| 2024 | $10,968 | $1,054,856 | $307,770 | $747,086 |
| 2023 | $11,107 | $1,034,174 | $301,736 | $732,438 |
| 2022 | $10,748 | $1,013,897 | $295,820 | $718,077 |
| 2021 | $10,643 | $994,018 | $290,020 | $703,998 |
| 2020 | $10,421 | $983,827 | $287,047 | $696,780 |
| 2019 | $10,153 | $964,537 | $281,419 | $683,118 |
| 2018 | $9,968 | $945,625 | $275,901 | $669,724 |
| 2017 | $9,764 | $927,085 | $270,492 | $656,593 |
| 2016 | $9,611 | $908,908 | $265,189 | $643,719 |
| 2015 | $9,479 | $895,256 | $261,206 | $634,050 |
| 2014 | $9,382 | $877,720 | $256,090 | $621,630 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | For Sale | $7,995,000 | -- | $1,230 / Sq Ft |
Source: MLSListings
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $714,700 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $705,000 | New Conventional | |
| Previous Owner | $700,000 | New Conventional | |
| Previous Owner | $500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $952,000 | Unknown | |
| Previous Owner | $1,000,000 | No Value Available | |
| Previous Owner | $725,600 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: MLSListings
MLS Number: ML82006876
APN: 241-202-004-000
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