$9,250,000

Estimated payment $57,345/month

Total Views 29,041
3 Beds
2.5 Baths
2,906 Sq Ft
$3,183 Price per Sq Ft

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Forced Air Zoned Heating System
  • Carmel River Elementary School Rated A+
  • Formal Entry
  • West Facing Home

About This Home

Perched above Otter Cove with panoramic views in the exclusive gated enclave of Aurora Del Mar, this oceanfront retreat offers unmatched privacy, relaxed coastal living, and rare direct beach access. One of just 18 homes in this coveted Carmel Highlands community, the 2,906 sq ft residence showcases timeless Santa Barbara-style architecture on a full acre of prime coastal land. The open-concept layout features vaulted ceilings, expansive windows, and Ipe wood decks, inviting seamless indoor-outdoor living, enjoying unobstructed views from Big Sur to Yankee Point. The reverse floor plan places the oceanview primary suite on the main level with dual walk-in closets, a spa-like bath, and private deck. Two additional guest suites are located downstairs with direct outdoor access. Interiors by SFA Design blend coastal elegance with comfort, highlighted by an oceanview kitchen with Sub-Zero appliances, two fireplaces, wet bar, wine cellar, and more. Just minutes from Big Sur, Point Lobos, and all the incredible amenities on the Monterey Peninsula, this rare legacy estate embodies the best of California coastal living.

Listing Agent

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 05/12/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,826

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • West Facing Home

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,906 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Utilities

  • Forced Air Zoned Heating System
  • Septic Tank

Community Details

  • Otter Cove Association

Listing and Financial Details

  • Assessor Parcel Number 243-331-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,826

Year Built

Built in 1983

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 42
  • Listing Class: Residential
  • Structure Sq Ft: 2906
  • Year Built: 1983
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 2906
  • Stories: 2
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Wood Shakes / Shingles
  • View: Bay, Ocean, Water Front
  • Property Faces: West

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Septic Tank / Pump

Condo/Co-op/Association

  • HOA Fees: 500
  • HOA Fee Frequency: Annually
  • H O A Name Text: Otter Cove
  • H O A Exist: Yes

Schools

  • School District: Carmel Unified

Lot Info

  • Parcel Number: 243-331-002-000
  • Lot Acres: 1.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43560.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $82,826 $8,147,717 $5,306,040 $2,841,677
2024 $82,826 $7,987,958 $5,202,000 $2,785,958
2023 $82,397 $7,831,332 $5,100,000 $2,731,332
2022 $56,655 $7,677,777 $5,000,000 $2,677,777
2021 $56,094 $5,349,856 $4,546,620 $803,236
2020 $54,898 $5,295,000 $4,500,000 $795,000
2019 $6,084 $580,323 $263,933 $316,390
2018 $5,973 $568,945 $258,758 $310,187
2017 $5,850 $557,790 $253,685 $304,105
2016 $5,758 $546,854 $248,711 $298,143
2015 $5,678 $538,641 $244,976 $293,665
2014 $5,620 $528,091 $240,178 $287,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Sale $9,250,000 +20.5% $3,183 / Sq Ft
05/25/2022 05/25/22 Sold $7,677,777 -3.4% $2,519 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $7,950,000 -- $2,608 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,295,000 Chicago Title Salinas
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,200,000 Commercial
Closed $3,250,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: MLSListings

MLS Number: ML82006551

MLSListings

APN: 243-331-002-000