Tony Ngai
TN Realty, Inc.
(669) 268-3480
51 Total Sales
1 in Carmel Highlands
$3,950,000 Price
254 Highway 1 Carmel, CA 93923
Carmel Highlands NeighborhoodEstimated Value: $8,395,543
5
Beds
5.5
Baths
5,836
Sq Ft
$1,439/Sq Ft
Est. Value
Highlights
- Ocean View
- Primary Bedroom Suite
- Vaulted Ceiling
- Wine Cellar
- Fireplace in Primary Bedroom
- Marble Flooring
About This Home
As of October 2025Perched above the Pacific Ocean with spectacular ocean views, Villa Alto Mare captivates instantly, the sounds of crashing waves & the beauty of Point Lobos mesmerizing. Grand in style yet designed to be enjoyed with others or to cherish natures beauty in solitude, this impressive custom estate was built with the finest materials including limestone, marble & Venetian plaster. The grand foyer exudes Old World elegance while the stately living room enthralls with sweeping views. Magnificent panoramic vistas enhance the spacious kitchen, charming dining area and wood-beam vaulted dining room. A mahogany study provides a quiet retreat while the luxurious primary suite with dramatic views encompasses the entire upstairs. A separate studio provides a peaceful space for guests to relax. Lush gardens, fountains & outdoor entertaining areas enrich the feeling of being one with natures splendor. Elegant, formal, tranquil & serene, Villa Alto Mare is a singular piece of heaven on earth!
Last Agent to Sell the Property
Carmel Realty Company License #01706104 Listed on: 03/13/2025
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Home Details
Home Type
- Single Family
Year Built
- Built in 1994
Lot Details
- 42,619 Sq Ft Lot
- Northwest Facing Home
- Drought Tolerant Landscaping
- Back Yard Fenced
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Guest Parking
- Off-Street Parking
Property Views
- Ocean
- Skyline
- Hills
Home Design
- Mediterranean Architecture
- Raised Foundation
- Slab Foundation
- Wood Frame Construction
- Tile Roof
- Clay Roof
- Stucco
Interior Spaces
- 5,836 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Entertainment System
- Wired For Sound
- Beamed Ceilings
- Vaulted Ceiling
- Skylights
- Circular Fireplace
- Wood Burning Fireplace
- Formal Entry
- Wine Cellar
- Living Room with Fireplace
- 5 Fireplaces
- Formal Dining Room
- Den
- Library
- Workshop
- Storage Room
- Utility Room
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Double Self-Cleaning Oven
- Electric Oven
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Radiant Floor
- Marble
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Marble Bathroom Countertops
- Dual Sinks
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Steam Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Dryer
- Laundry Tub
Home Security
- Alarm System
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Balcony
- Outdoor Fireplace
- Barbecue Area
Utilities
- Zoned Heating
- Wall Furnace
- Vented Exhaust Fan
- Radiant Heating System
- Heating System Uses Propane
- Power Generator
- Propane
- Septic Tank
- Cable TV Available
Community Details
- Safe or Vault
Listing and Financial Details
- Assessor Parcel Number 241-182-025-000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
Sep 29, 2025
Sold by
Bought by
Seller's Agent
Rebecca Wolf Arnold
Carmel Realty Company
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$12,750,000
Sold Price
$11,500,000
Premium/Discount to List
-$1,250,000
-9.8%
Views
403
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,104,457
Avg. Annual Appreciation
-31.55%
Purchase Details
Closed on
Jan 25, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$869,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 25, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 10, 1998
Sold by
Bought by
Purchase Details
Closed on
May 1, 1998
Sold by
Bought by
Purchase Details
Closed on
Jan 18, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Carmel Highlands, CA
-
Tony Ngai
-
Courtney Jones
Courtney Jones
Responds QuicklyCarmel Realty Company
(831) 264-1918
79 Total Sales
2 in Carmel Highlands
$1.6M - $3M Price Range
-
Andrea Silva
Andrea Silva
Responds QuicklyeXp Realty of California Inc
(831) 346-5984
19 Total Sales
1 in Carmel Highlands
$159,000 Price
-
Doug Steiny
Doug Steiny
Responds QuicklySotheby’s International Realty
(831) 220-3661
119 Total Sales
3 in Carmel Highlands
$2.8M - $5.1M Price Range
-
Monterey Peninsula Home Team
Monterey Peninsula Home Team
KW Coastal Estates
(831) 917-8190
161 Total Sales
1 in Carmel Highlands
$5,200,000 Price
-
Tim Allen
Tim Allen
Coldwell Banker Realty
(831) 484-7427
326 Total Sales
20 in Carmel Highlands
$2.1M - $11.5M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $11,500,000 | Chicago Title Company | ||
| -- | Old Republic Title Company | ||
| -- | Accommodation | ||
| -- | Old Republic Title | ||
| -- | Old Republic Title | ||
| -- | Old Republic Title | ||
| -- | -- | ||
| -- | California Land Title Co | ||
| $30,000 | Chicago Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $869,000 | ||
| Previous Owner | $1,000,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Sold | $11,500,000 | -9.8% | $1,971 / Sq Ft |
| 07/29/2025 07/29/25 | Pending | -- | -- | -- |
| 03/13/2025 03/13/25 | For Sale | $12,750,000 | -- | $2,185 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $38,634 | $11,500,000 | $6,000,000 | $5,500,000 |
| 2025 | $37,523 | $3,690,576 | $2,097,042 | $1,593,534 |
| 2024 | $37,523 | $3,618,213 | $2,055,924 | $1,562,289 |
| 2023 | $37,525 | $3,547,268 | $2,015,612 | $1,531,656 |
| 2022 | $36,295 | $3,477,715 | $1,976,091 | $1,501,624 |
| 2021 | $35,864 | $3,409,526 | $1,937,345 | $1,472,181 |
| 2020 | $35,102 | $3,374,566 | $1,917,480 | $1,457,086 |
| 2019 | $34,433 | $3,308,399 | $1,879,883 | $1,428,516 |
| 2018 | $33,795 | $3,243,529 | $1,843,023 | $1,400,506 |
| 2017 | $33,099 | $3,179,932 | $1,806,886 | $1,373,046 |
| 2016 | $32,576 | $3,117,581 | $1,771,457 | $1,346,124 |
| 2015 | $32,124 | $3,070,753 | $1,744,849 | $1,325,904 |
| 2014 | $31,794 | $3,010,602 | $1,710,670 | $1,299,932 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Wolf Arnold
Seller's Agent in 2025
Rebecca Wolf Arnold
Carmel Realty Company
(831) 241-2600
2 in this area
35 Total Sales
-
Geoff Arnold
Seller Co-Listing Agent in 2025
Geoff Arnold
Carmel Realty Company
(831) 297-3890
2 in this area
39 Total Sales
-
Tim Allen
Buyer's Agent in 2025
Tim Allen
Coldwell Banker Realty
(831) 214-1990
20 in this area
326 Total Sales
Map
Source: MLSListings
MLS Number: ML81991703
APN: 241-182-025-000
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