$4,475,000
OPEN SAT 12PM - 2PM

331 5th St Carmel, CA 93921

Carmel-By-The-Sea Neighborhood

Estimated payment $29,931/month

3 Beds
2 Baths
1,557 Sq Ft
$2,874 Price per Sq Ft

Highlights

  • Ocean View
  • Freestanding Bathtub
  • Wood Fence
  • Carmel River Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Carmelita Park

About This Home

On the northwest side of downtown Carmel-by-the-Sea, this is the ultimate pied-a -terre. Once you arrive at Gem by the Sea, no car will ever be needed. Just moments from the buzz of cafes, wine tasting rooms, gourmet dining and art galleries of the village and a leisurely stroll to the white sands of Carmel Beach. This is truly a vacation home.

New construction in 2014, the home has been maintained perfectly, the residence feels fresh, intentional, and timeless. The interior is defined by rich hardwood floors and millwork detailing that echoes the classic Carmel aesthetic while offering the modern comforts of a newer build. The main level is thoughtfully designed with two bedrooms, ideal for guests or a home office, while the primary suite claims the entire upper level. Accessed by a gentle set of stairs, this retreat features a private deck with ocean views and a spa-like bathroom complete with a freestanding tub and separate shower.
Turn-key coastal elegance, this cottage offers a level of privacy and craftsmanship that is increasingly hard to find. Features AC, Ocean Views, Exterior Spa and attached 1 Car Garage.

Listing Agent

Bambace Peterson

Compass License #70010145 Listed on: 09/25/2026

Compass

Open House Schedule

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Stone

Additional Features

  • Ocean Views
  • Freestanding Bathtub
  • Wood Fence

Listing and Financial Details

  • Assessor Parcel Number 010-211-028-000

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 2014
  • Property Sub Type: SingleFamilyResidence
  • Property Type: Residential
  • Horses: No
  • LotSizeAcres: 0.1160
  • Co List Office Mls Id: COMPS-5
  • Co List Office Phone: (831) 318-0150
  • Standard Status: Active
  • Year Built Details: 2
  • RoomFamilyRoomFeatures: NoFamilyRoom
  • Telephone: AudioVideoPrewired, CableTV
  • OpenHouseYN: Yes
  • OpenHouseSchedule: [{"OHDateTime":"9\/26 12:00 pm - 2:00 pm","OHHostedBy":"Bambace Peterson Team - Ralph Marsh 831-238-2022","OHOpenHouseID":83197970}]
  • ListTeamAgentDREs: 01731448,01977162
  • ThumbnailUrl: https://media.mlslmedia.com/property/MLSL/82062124/d7fe0f6a4ef149deabfc7f7ea798504f/2/1
  • OriginalOnMarketDate: 2026-09-25
  • OfficeLogo: https://media.mlslmedia.com/office/MLSL/5014371/0a7ed33944654535afa28fcb25711625/4/COMPS-5
  • AlignedShowingYN: No
  • Special Features: OpenHouse

Interior Features

  • Stories: 2
  • Security: FireSystem_Sprinkler
  • Flooring: Hardwood, Stone
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LivingRoom, PrimaryBedroom, Outside
  • Fireplaces: 3
  • Entry Location: { "type": "Point", "coordinates": [ 0.0, 0.0 ], "crs": { "type": "name", "properties": { "name": "EPSG:4326" } } }
  • RoomBathroomFeatures: DoubleSinks, Granite, Marble, Skylight, StallShower2plus, Tile, TubinPrimaryBedroom, PrimaryOversizedTub
  • RoomBedroomFeatures: PrimarySuiteRetreat, WalkinCloset, BedroomonGroundFloor2plus
  • RoomDiningRoomFeatures: FormalDiningRoom
  • RoomKitchenFeatures: _220VoltOutlet, Countertop_Granite

Exterior Features

  • Roof: Wood
  • View: ForestWoods, Ocean, Water
  • Fencing: FencedBack, Wood
  • Direction Faces: Southwest
  • Foundation Details: CrawlSpace, ConcretePerimeterandSlab
  • Disclosures: Subjectto1031TaxExchange
  • Disclosures: NaturalHazardDisclosure

Garage/Parking

  • Garage Spaces: 1.00

Utilities

  • Cooling System: CentralForcedAir
  • Heating System: ForcedAir, HeatPump
  • Sewer: PublicSewer
  • Water Source: Public
  • Gas: IndividualGasMeters, PublicUtilities

Schools

  • High School: CarmelHigh
  • Middle Or Junior School: CarmelMiddle

Lot Info

  • Parcel Number: 010-211-028-000
  • Property Attached: No
  • Lot Size Sq Ft: 5080.00
  • Zoning: R1

Multi Family

  • Utilities: PublicUtilities, WaterPublic

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
09/25/2026 09/25/26 For Sale $4,475,000 -- $2,874 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82062124

MLSListings
California Monterey County Carmel 93921 Carmel-By-The-Sea

331 5th St, Carmel, CA

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Bambace Peterson
Listing Agent
Bambace Peterson
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Compass
(831) 200-3178
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