NOT LISTED FOR SALE

5500 Quail Meadows Dr Carmel, CA 93923

Carmel Valley Neighborhood

Estimated Value: $4,379,000 - $6,200,000

8 Beds
6.5 Baths
8,218 Sq Ft
$614/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $3,260,000 $397 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $29,676/month

157 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • 4 Fireplaces
  • Tularcitos Elementary School Rated A
  • 5 Acre Lot
  • Recreation Facilities

About This Home

As of May 2021

Behind the gates of Quail Meadows awaits this lavish Mediterranean home with views of Carmel Valley. This 8,200+ square foot home creates a comfortable and spacious family retreat with 8 bedrooms, 6.5 baths, a formal dining room, game room, library, eat-in kitchen, abundant storage, plus several rooms that provide options for home offices. Enjoy privacy and views from the balconies, overlooking a luxurious pool, spa and cozy fire-pit. Just a short drive from the world-class dining and shopping experiences in Carmel, Pebble Beach, and Carmel Valley. The Quail Meadows gated community offers a unique lifestyle in the sunbelt just a few miles from the beach and next to the Quail Lodge & Golf Club, providing an ideal combination of elegance, privacy & accessibility. Accented throughout with top-quality amenities, you will know you have arrived and are at home in Carmel Valley's true lap of luxury.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 08/25/2020

Coldwell Banker Realty

Last Buyer's Agent

Bambace Peterson

Compass License #70010145

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 2003

Lot Details

  • 5

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,218 Sq Ft Home
  • 4 Fireplaces
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Forced Air Heating System
  • Well

Additional Features

  • Private Pool
  • 5 Acre Lot

Community Details

Overview

  • Association fees include common area electricity, fencing, insurance - common area, insurance - hazard, maintenance - common area, maintenance - road, management fee, recreation facility, reserves, security service
  • Terra Vista Association
  • Greenbelt

Recreation

  • Recreation Facilities

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

2003

Lot Details

0

HOA Fees

$337 per month

Parking

3

Listing Details

  • Zoning: LDR/B-6-D-S-RAZ
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 56
  • Structure Sq Ft: 8218
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 8218
  • Fireplaces Min: 4
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Tile
  • Pool: Pool - In Ground

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Quail Meadows
  • HOA Fees: 1011
  • HOA Amenities: Community Security Gate, Garden / Greenbelt / Trails, Recreation Room
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Common Area Electricity, Fencing, Insurance - Common Area, Insurance - Hazard, Maintenance - Common Area, Maintenance - Road, Management Fee, Recreation Facility, Reserves, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Terra Vista

Lot Info

  • Lot Acres: 5.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 217800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 217800.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Apr 26, 2021
Sold by
Mckay Heidi G
Bought by
Ley Eric J and Ley Heidi
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Bambace Peterson
Compass
List Price
$3,695,000
Sold Price
$3,260,000
Premium/Discount to List
-$435,000
-11.77%
Current Estimated Value
$5,048,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,788,836
Avg. Annual Appreciation
9.69%
Original Mortgage
$2,282,000
Outstanding Balance
$2,064,828
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,984,008

Purchase Details

Closed on
Jun 24, 2013
Sold by
Mckay Scot E
Bought by
Mckay Heidi G

Purchase Details

Closed on
Jun 29, 2005
Sold by
Mckay Heidi G
Bought by
Mckay Scot E

Purchase Details

Closed on
Jun 13, 2005
Sold by
Mckay Scot E
Bought by
Mckay Scot E

Purchase Details

Closed on
Jul 28, 2004
Sold by
Mckay Scot E
Bought by
Mckay Scot E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2004
Sold by
Mckay Scot E
Bought by
Mckay Scot E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 11, 2003
Sold by
Cornell Edward P and Cornell Carol S
Bought by
Mckay Scot E

Purchase Details

Closed on
Jul 26, 2000
Sold by
Borgman Ronal G and Borgman Linda J
Bought by
Cornell Edward P and Cornell Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.19%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Quail Lodge Inc
Bought by
Borgman Ronal G and Bowman Linda J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ley Eric J $3,260,000 Old Republic Title Company
Mckay Heidi G -- None Available
Mckay Scot E -- First American Title
Mckay Scot E -- First American Title
Mckay Scot E -- First American Title
Mckay Scot E -- First American Title
Mckay Scot E -- First American Title
Mckay Scot E $3,250,000 Old Republic Title
Cornell Edward P $950,000 Chicago Title Co
Borgman Ronal G $655,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ley Eric J $2,282,000
Previous Owner Mckay Scot E $2,000,000
Previous Owner Cornell Edward P $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $3,260,000 -11.8% $397 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $3,695,000 -- $450 / Sq Ft
Source: MLSListings

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 $36,832 $3,528,726 $1,298,917 $2,229,809
2024 $36,832 $3,459,537 $1,273,449 $2,186,088
2023 $36,884 $3,391,704 $1,248,480 $2,143,224
2022 $35,761 $3,325,200 $1,224,000 $2,101,200
2021 $47,002 $3,260,000 $1,200,000 $2,060,000
2020 $45,998 $4,333,500 $1,625,060 $2,708,440
2019 $45,112 $4,248,531 $1,593,197 $2,655,334
2018 $44,235 $4,165,227 $1,561,958 $2,603,269
2017 $43,276 $4,083,557 $1,531,332 $2,552,225
2016 $42,549 $4,003,488 $1,501,306 $2,502,182
2015 -- $3,943,352 $1,478,755 $2,464,597
2014 -- $3,866,108 $1,449,789 $2,416,319
Source: Public Records

Agents Affiliated with this Home

  • Tim Allen

    Seller's Agent in 2021

    Tim Allen

    Coldwell Banker Realty

    (831) 214-1990

    28 in this area

    339 Total Sales

    Tim Allen
    Section Image
  • Bambace Peterson

    Buyer's Agent in 2021

    Bambace Peterson

    Compass

    (831) 200-3178

    15 in this area

    167 Total Sales

    Bambace Peterson
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81807732

MLSListings

APN: 157-171-055-000

California Monterey County Carmel 93923 Carmel Valley

5500 Quail Meadows Dr, Carmel, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes