$13,000,000
SOLD APR 4, 2025
4 Beds
3 Baths
3,186 Sq Ft
7,971 Sq Ft Lot

Recently Sold

$4,080 Per Sq Ft

13% Below List Price

338 Days on Market

Highlights

  • Ocean View
  • Custom Home
  • Recreation Room
  • Carmel River Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling

About This Home

As of April 2025

Sited directly across from Stewart's Cove at Scenic Road, this post-card perfect Carmel Point home exudes warmth and harkens back to more gracious times. The grand living room has soaring beamed ceilings, a large fireplace and expansive views of Point Lobos, River Beach white sand and water. The open concept floor plan is ideal, accommodating single level living if desired. The home features beautiful woodwork and built in cabinetry throughout, a generous dining room that opens to a chefs kitchen and a cozy family room. The list goes on. . . beautifully landscaped, 4 generous bedrooms, 3 baths, an amazing playroom for kids young and old, two interior fireplaces, two exterior fire pits, all situated on an oversized corner lot perfect for outdoor living and entertaining. Stunningly renovated by master builder, Kevin Raph. Spectacular frontline views of Carmel Bay, Point Lobos and white-water cascading across the sand await! This is truly Carmel Point living at its finest!

Last Agent to Sell the Property

Lisa Talley Dean

Carmel Realty Company License #01401218 Listed on: 04/05/2024

Last Buyer's Agent

Ryan Melcher

Sotheby’s International Realty License #01897036

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,698

Year Built

  • Built in 1981

Lot Details

  • 7,971 Sq Ft Lot
  • South Facing Home
  • Kennel or Dog Run
  • Gated Home
  • Back and Front Yard Fenced
  • Wood Fence
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Mostly Level
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Bay
  • Mountain

Home Design

  • Custom Home
  • English Cottage Architecture
  • Tudor Architecture
  • Wood Frame Construction
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,186 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • <<doubleOvenToken>>
  • Electric Oven
  • Gas Cooktop
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • <<tubWithShowerToken>>
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Steam Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Security Lights
  • Alarm System

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Thermostat
  • 220 Volts
  • Water Treatment System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-463-018-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,698

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Country English, Custom, Tudor
  • Age: 43
  • Listing Class: Residential
  • Structure Sq Ft: 3186
  • Incorporated: Yes
  • Year Built: 1981
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Log, Gas Starter, Living Room, Outside, Primary Bedroom
  • Dining Room: Breakfast Bar, Dining Area, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Built-in BBQ Grill, Cooktop - Gas, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Island, Microwave, Oven - Double, Oven - Electric, Pantry, Refrigerator, Trash Compactor
  • Living Sq Ft: 3186
  • Stories: 2
  • Security: Secured Garage / Parking, Security Alarm, Security Lights
  • Bedrooms: Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Marble
  • Additional Rooms: Recreation Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Oversized Tub, Showers over Tubs - 2+, Stall Shower, Steam Shower, Stone, Tile, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Roof: Wood Shakes / Shingles
  • View: Bay, Mountains, Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Dog Run / Kennel, Fenced, Fire Pit, Outdoor Fireplace, Sprinklers - Auto
  • Fencing: Fenced Back, Fenced Front, Gate, Mixed Height / Type, Wood
  • Property Faces: South
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Heating System: Baseboard, Central Forced Air - Gas, Fireplace, Radiant Floors
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Carmel Unified
  • Elementary School: Carmel River Elementary
  • Middle School: Carmel Middle
  • High School: Carmel High
  • High School: 497
  • Elementary School: 512
  • Middle School: 511

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level, Views
  • Parcel Number: 009-463-018-000
  • Lot Acres: 0.1830
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7971.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7971.00

Green Features

  • Energy Features: Insulation - Per Owner, Low Flow Shower, Low Flow Toilet, Skylight, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified
  • Elementary School Text: Carmel River Elementary
  • High School Text: Carmel High
  • Middle School Text: Carmel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Mar 18, 2025
Sold by
Timothy J And Kathleen M Rhein Trust and Shelter Trust
Bought by
Higgins Family Trust and Higgins
Seller's Agent
Lisa Talley Dean
Carmel Realty Company
Buyer's Agent
Ryan Melcher
Sotheby’s International Realty
List Price
$15,000,000
Sold Price
$13,000,000
Premium/Discount to List
-$2,000,000
-13.33%
Views
896
Current Estimated Value
$7,740,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,259,724
Avg. Annual Appreciation
-87.62%

Purchase Details

Closed on
Jun 21, 2022
Sold by
Timothy J And Kathleen M Rhein Trust
Bought by
Timothy J And Kathleen M Rhein Trust

Purchase Details

Closed on
Jun 4, 2021
Sold by
James Rhein Timothy
Bought by
Timothy J And Kathleen M Rhein Trust and Rhein Kathleen

Purchase Details

Closed on
May 18, 2021
Sold by
James Rhein Timothy
Bought by
Timothy J And Kathleen M Rhein Trust

Purchase Details

Closed on
Nov 26, 2012
Sold by
Rhein Timothy J and Rhein Kathlee M
Bought by
Rhein Timothy J and Rhein Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2012
Sold by
Eldredge Sally A and Vollstedt Debora D
Bought by
Rhein Timothy J and Rhein Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 1, 2007
Sold by
Depaoli Mary L
Bought by
Depaoli Mary L and Eldredge Sally A

Purchase Details

Closed on
Sep 1, 1995
Sold by
Heath James D
Bought by
Heath Sandra

Purchase Details

Closed on
Dec 16, 1993
Sold by
Depaoli Mary L
Bought by
Depaoli Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.09%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title
Quit Claim Deed -- Lakin Spears Llp
Deed -- --
Deed -- --
Interfamily Deed Transfer -- Accommodation
Grant Deed $5,175,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Old Republic Title Company
Grant Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Future Advance Clause Open End Mortgage
Previous Owner $3,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $800,000 Credit Line Revolving
Previous Owner $460,000 Stand Alone First
Previous Owner $264,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $13,000,000 -10.3% $4,080 / Sq Ft
03/09/2025 03/09/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $14,500,000 -3.3% $4,551 / Sq Ft
04/05/2024 04/05/24 For Sale $15,000,000 -- $4,708 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $54,698 $5,294,289 $3,800,142 $1,494,147
2024 $54,698 $5,190,480 $3,725,630 $1,464,850
2023 $54,515 $5,088,707 $3,652,579 $1,436,128
2022 $52,805 $4,988,929 $3,580,960 $1,407,969
2021 $52,163 $4,891,108 $3,510,746 $1,380,362
2020 $51,045 $4,840,957 $3,474,748 $1,366,209
2019 $50,059 $4,746,037 $3,406,616 $1,339,421
2018 $49,085 $4,652,978 $3,339,820 $1,313,158
2017 $48,022 $4,561,744 $3,274,334 $1,287,410
2016 $47,114 $4,462,495 $3,210,132 $1,252,363
2015 $46,397 $4,395,465 $3,161,913 $1,233,552
2014 $45,823 $4,305,522 $3,099,976 $1,205,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81956274

MLSListings

APN: 009-463-018-000