$6,700,000
SOLD JUL 7, 2025
4 Beds
3.5 Baths
3,071 Sq Ft
7,000 Acres

Recently Sold

$2,182 Per Sq Ft

Highlights

  • Hot Property
  • Home Theater
  • 7,000 Acre Lot
  • Carmel River Elementary School Rated A+
  • Custom Home
  • 4-minute walk to Carmelita Park

About This Home

As of July 2025

Entered for comp purposes. Contemporary 4br 3.5ba 3,071 sf home with detached cottage. Home was built in 1992 with cathedral ceilings & french doors and windows, set on 7k lot and located in desirable Golden Rectangle of Carmel by the Sea. The original owners have kept the home well maintained, but it will benefit from updating the interiors to ones own tastes. A true unicorn property!

Last Agent to Sell the Property

Rick Stern

Vanguard Properties License #00798694 Listed on: 07/07/2025

Vanguard Properties

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,316

Year Built

  • Built in 1992

Lot Details

  • 7,000 Acre Lot
  • Property is Fully Fenced
  • Wood Fence
  • Landscaped

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Custom Home
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 3,071 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Theater

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • <<doubleOvenToken>>
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • Tile Bathroom Countertop
  • Bathtub
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Courtyard
  • Patio

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010171008

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,316

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Interior Amenities: Cathedral Ceiling, Open Beam Ceiling, Skylight(s)
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Custom, Detached
  • Directions To Property: on Lincoln Street 3 homes NE of 13th
  • Lot Size Acres: 7000.0000
  • Stories: 3
  • Levels: Three Or More
  • ArchitecturalStyle: Contemporary
  • Reso Window Features: Dual Pane Full
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Free Standing Refrigerator, Gas Cook Top, Gas Water Heater, Microwave
  • Number Of Fireplaces: 3
  • Bedrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Dining Room Features: Dining Bar, Formal Room
  • Living Room Features: Cathedral/Vaulted, Sunken
  • Number Of Rooms: 12
  • Flooring: Carpet, Tile, Wood
  • Square Footage: 3071.00
  • Bathroom Features: Shower Stall(s), Tile, Tub, Window
  • Bathrooms: 4
  • Fireplace Features: Gas Starter, Living Room, Primary Bedroom, Other
  • Kitchen Features: Pantry Closet, Tile Counter
  • Room Type: Dining Room, Family Room, Guest Quarters, Kitchen, Living Room, Primary Bathroom, Media Room
  • Lower Level: Family Room, Garage
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room, Partial Bath(s)
  • PrimaryBedroomFeatures: Walk-In Closet

Exterior Features

  • Construction Materials: Concrete
  • Foundation: Concrete
  • Lot Features: Landscape Back, Landscape Front, Landscape Misc
  • Property Condition: Original
  • Roof: Composition
  • ExteriorFeatures: Balcony, Uncovered Courtyard
  • Fencing: Fenced, Full, Wood
  • Patio And Porch Features: Uncovered Patio

Garage/Parking

  • Parking Features: Garage Door Opener, Garage Facing Front, Guest Parking Available, Interior Access
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • OpenParkingSpaces: 2.00
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric, Natural Gas Connected, Public
  • Water Source: Public
  • Heating: Central, Gas
  • Laundry Features: Dryer Included, Laundry Closet, Washer Included

Schools

  • School District: Monterey

Lot Info

  • Assessor Parcel Number: 010171008
  • Lot Size Sq Ft: 304920000.00

Building Info

  • Year Built: 1992

MLS Schools

  • School District (County): Monterey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2020
Sold by
Shelton John P and Black Kimberley J
Bought by
Banks Jonathan and Banks Carrie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,112,478
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$2,400,336

Purchase Details

Closed on
Dec 13, 2017
Sold by
Solomon Robert S and Solomon Jessica
Bought by
Shelton John P and Black Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,761,000
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2015
Sold by
Hopper John M and Hopper Sally H
Bought by
The Solomon Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 1, 2012
Sold by
Bertelsen Mark A and Bertelsen Susan E
Bought by
Hopper John M and Hopper Sally H

Purchase Details

Closed on
Nov 12, 2001
Sold by
Bertelsen Mark A and Bertelsen Susan E
Bought by
Bertelsen Mark A and Bertelsen Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.63%

Purchase Details

Closed on
May 9, 1996
Sold by
Kent Angela M and Kent Robert
Bought by
Wells Larry J and Wells Dianna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.62%
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 $3,000,000 Chicago Title Company
Grant Deed $2,935,000 Chicago Title Co
Grant Deed $2,872,500 Chicago Title Company
Grant Deed $1,440,000 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $650,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,400,000 New Conventional
Previous Owner $1,761,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,500,000 Future Advance Clause Open End Mortgage
Previous Owner $500,000 Credit Line Revolving
Previous Owner $282,795 Unknown
Previous Owner $300,000 No Value Available
Previous Owner $520,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $2,750,000 -59.0% $2,970 / Sq Ft
07/07/2025 07/07/25 Sold $6,700,000 0.0% $2,182 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
07/07/2025 07/07/25 For Sale $6,700,000 +94.2% $2,182 / Sq Ft
11/29/2021 11/29/21 Sold $3,450,000 0.0% $1,968 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $3,450,000 -1.4% $1,968 / Sq Ft
09/29/2021 09/29/21 Sold $3,500,000 -7.6% $2,095 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $3,788,000 -5.0% $2,267 / Sq Ft
08/02/2021 08/02/21 Price Changed $3,988,000 -7.1% $2,387 / Sq Ft
07/01/2021 07/01/21 For Sale $4,295,000 -- $2,570 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $34,316 $3,280,936 $2,187,291 $1,093,645
2024 $34,316 $3,216,604 $2,144,403 $1,072,201
2023 $34,239 $3,153,534 $2,102,356 $1,051,178
2022 $33,198 $3,091,701 $2,061,134 $1,030,567
2021 $32,752 $3,031,080 $2,020,720 $1,010,360
2020 $32,603 $3,053,574 $2,132,820 $920,754
2019 $31,972 $2,993,700 $2,091,000 $902,700
2018 $31,336 $2,935,000 $2,050,000 $885,000
2017 $31,186 $2,929,950 $2,040,000 $889,950
2016 $16,356 $1,497,938 $1,040,235 $457,703
2015 -- $1,475,438 $1,024,610 $450,828
2014 -- $1,446,537 $1,004,540 $441,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325058415

Bay Area Real Estate Information Services (BAREIS)

APN: 010-221-006-000