NOT LISTED FOR SALE

2700 Red Wolf Dr Carmel, CA 93923

Estimated Value: $2,669,000 - $2,836,000

40 Acres
$68,434 Price per Acre
1,742,400 Sq Ft Lot

Last Sold September 11, 2023

Last sale price $2,600,000

Current estimated payment $15,905/month

219 Days on Market

Highlights

  • Ocean View
  • 40 Acre Lot
  • Water Treatment System
  • Carmel River Elementary School Rated A
  • Secluded Lot
  • Gentle Sloping Lot

About This Lot

As of September 2023

A rare opportunity to build your dream home on this expansive 40-acre parcel in the Carmel Highlands. This superior parcel comes with approved plans & permits from renowned architectural firm Studio Schicketanz for a 5,500 SF Contemporary residence. The separate 2 bed/1 bath Guest House has the most spectacular views on the Lobos Ridge without interrupting the main house environment. A unique elevation of 1,100 feet. Offering a Big Sur feeling with spectacular, ocean and panoramic shoreline vistas overlooking the Point Lobos State Park, this property boasts inspiring views in all directions of Palo Corona Park, Carmel Bay, Pebble Beach & the Santa Lucia Preserve.There is a private domestic well, state of the art ozone purification system, two water storage tanks + underground utilities on the site. Building permits are "Shovel Ready" to build the residence now. Minutes to downtown Carmel! The Lobos Ridge Estates is an exclusive private gated subdivision of only 9 properties.

Last Agent to Sell the Property

Michele Altman

Sotheby’s International Realty License #01310623 Listed on: 01/17/2023

Sotheby’s International Realty

Last Buyer's Agent

Connie Snowdon

Carmel Realty Company License #00542946

Carmel Realty Company

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Secluded Lot
  • Gentle Sloping Lot
  • Mostly Level

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Ridge
  • Mountain
  • Hills
  • Forest

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Water Treatment System
  • Water Storage
  • Well

Community Details

  • Property has a Home Owners Association
  • Association fees include maintenance - road
  • Lobos Ridge Road Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: WSC
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land, Residential
  • Development Status: Approved Building Plan, Building Plans Filed, Have Building Plans, Topographical Map Available
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Forest / Woods, Hills, Mountains, Ocean, Panoramic, Ridge, Water
  • Horse Property: Possible

Condo/Co-op/Association

  • HOA Fees: 140
  • Association Fees Include: Maintenance - Road
  • HOA Exist: Yes
  • H O A Name Text: Lobos Ridge Road Association

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level, Private / Secluded, Surveyed, Views
  • Lot Acres: 40.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742400.00
  • Parcel Access: Accessible, Private Road, Private Road - Share Access

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Sep 5, 2023
Sold by
Auerbach Jonathan and Auerbach Jessika
Bought by
Connors Trust and Connors
Seller's Agent
Michele Altman
Sotheby’s International Realty
Buyer's Agent
Connie Snowdon
Carmel Realty Company
List Price
$2,998,000
Sold Price
$2,600,000
Premium/Discount to List
-$398,000
-13.28%
Views
266
Current Estimated Value
$2,607,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,051
Avg. Annual Appreciation
2.26%

Purchase Details

Closed on
Sep 30, 2021
Sold by
Auerbach and Jessika
Bought by
County Of Monterey

Purchase Details

Closed on
May 20, 2021
Sold by
Auerbach and Jessika
Bought by
County Of Monterey

Purchase Details

Listed on
Aug 22, 2018
Closed on
Apr 17, 2019
Sold by
Thorp Lobos Ridge Llc
Bought by
Auerbach Jonathan and Auerbach Jessika
Seller's Agent
Michele Altman
Sotheby’s International Realty
Buyer's Agent
Michele Altman
Sotheby’s International Realty
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%

Purchase Details

Closed on
Dec 14, 2012
Sold by
Thorp Frank K
Bought by
Thorp/Lobos Ridge Llc

Purchase Details

Closed on
Dec 13, 2001
Sold by
Thorp Frank K and Thorp Nina T
Bought by
Thorp Frank K
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
Connors Trust $2,600,000 First American Title
County Of Monterey -- None Listed On Document
County Of Monterey -- None Listed On Document
Auerbach Jonathan $2,100,000 First American Title Company
Thorp/Lobos Ridge Llc -- None Available
Thorp/Lobos Ridge Llc -- None Available
Thorp Frank K -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2023 09/11/23 Sold $2,600,000 -7.1% --
08/25/2023 08/25/23 Pending -- -- --
05/16/2023 05/16/23 Price Changed $2,800,000 -6.6% --
01/17/2023 01/17/23 For Sale $2,998,000 +42.8% --
04/30/2019 04/30/19 Sold $2,100,000 -4.5% -- View Prior Sale
03/01/2019 03/01/19 Pending -- -- --
08/22/2018 08/22/18 For Sale $2,200,000 -- --
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 $26,955 $2,652,000 $2,652,000 --
2024 $26,955 $2,600,000 $2,600,000 --
2023 $23,689 $2,600,000 $2,600,000 $0
2022 $22,908 $2,207,474 $2,207,474 --
2021 $22,681 $2,164,191 $2,164,191 $0
2020 $22,197 $2,142,000 $2,142,000 $0
2019 $2,593 $248,475 $248,475 $0
2018 $2,545 $243,603 $243,603 $0
2017 $2,493 $238,827 $238,827 $0
2016 $2,453 $234,145 $234,145 $0
2015 -- $230,628 $230,628 $0
2014 -- $226,111 $226,111 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81916387

MLSListings

APN: 416-011-004-000