NOT LISTED FOR SALE

56 Yankee Point Dr Carmel, CA 93923

Carmel Highlands Neighborhood

Estimated Value: $6,242,818 - $6,796,000

3 Beds
3.5 Baths
4,268 Sq Ft
$1,515/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $4,582,500 $1,074 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $37,699/month

164 Days on Market

Highlights

  • Ocean View
  • Media Room
  • Vaulted Ceiling
  • Carmel River Elementary School Rated A
  • Family Room with Fireplace
  • Soaking Tub in Primary Bathroom

About This Home

As of February 2018

Sited on granite cliffs above the Pacific in Carmel Highlands with panoramic ocean views from almost every room, this home is a rare find. From the privacy of this sophisticated home, the truly west facing orientation offers views of Yankee Point, crashing whitewater & perfect sunsets. Relax in peace & privacy. Enjoy ocean sounds & dolphin & whale watching with morning cappuccino. Minutes from fine dining, wine tasting & shopping is gracious oceanfront living & a great value. Thoughtfully designed with refinement & subtlety from the interior to the extensive gardens. Tasteful simplicity with an appreciation for natural materials shaped the choice of woods, stones, glass & color palette. Entertain on multiple ocean front patios & in the central open air courtyard. 3 bedrooms & 3.5 baths with home theater & office complete this home. The master suite with a generously sized bath is on the main level. An extraordinary opportunity to own one of a small group of truly oceanfront properties.

Last Agent to Sell the Property

Dave Terdy

David Lyng Real Estate License #01377803 Listed on: 08/08/2017

David Lyng Real Estate

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.62 Acre Lot
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,268 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Media Room
  • Den
  • Ocean Views
  • Fire Sprinkler System

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Warming Drawer
  • Stone Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Washer and Dryer
  • Laundry Tub

Utilities

  • Zoned Heating
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Power Generator
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 243-152-003-000

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0.62 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4268
  • Year Built: 1998
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Stone, Exhaust Fan, Oven - Built-In, Refrigerator, Trash Compactor, Warming Drawer
  • Living Sq Ft: 4268
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone
  • Additional Rooms: Den / Study / Office, Media / Home Theater
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full on Ground Floor, Granite, Primary - Oversized Tub, Shower and Tub, Stall Shower - 2+, Stone
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Shingle
  • View: Ocean, Water
  • Property Faces: West

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Heating System: Electric, Heating - 2+ Zones, Propane, Radiant Floors
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Vaulted Ceiling

Lot Info

  • Lot Description: Views
  • Parcel Number: 243-152-003-000
  • Lot Acres: 0.6200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 27007.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 27007.00

Multi Family

  • Utilities: Generator, Propane On Site, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Feb 14, 2018
Sold by
Smith Douglas R and Smith Gayle B
Bought by
Adler Robin and Elliott Joy D
Seller's Agent
Dave Terdy
David Lyng Real Estate
Buyer's Agent
RECIP
Out of Area Office
List Price
$5,995,000
Sold Price
$4,582,500
Premium/Discount to List
-$1,412,500
-23.56%
Current Estimated Value
$6,467,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,884,705
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Mack Doug
Bought by
Smith Douglas R and Smith Gayle B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,454,000
Interest Rate
7.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 16, 1997
Sold by
Wells Fargo Bank Na
Bought by
Mack Doug

Purchase Details

Closed on
Jul 1, 1996
Sold by
Hall Thomas N and Hall Eleen L
Bought by
Wells Fargo Bank and Auvil Hall Charitable Remainder Unitrust
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
Adler Robin $4,582,500 None Available
Smith Douglas R $4,454,000 Old Republic Title Company
Mack Doug -- Old Republic Title
Mack Doug -- Old Republic Title
Wells Fargo Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Douglas R $2,454,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $4,582,500 -8.3% $1,074 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/20/2018 01/20/18 Price Changed $4,995,000 -2.4% $1,170 / Sq Ft
01/19/2018 01/19/18 Price Changed $5,120,000 +2.5% $1,200 / Sq Ft
01/19/2018 01/19/18 Price Changed $4,995,000 -2.4% $1,170 / Sq Ft
12/12/2017 12/12/17 Price Changed $5,120,000 -2.4% $1,200 / Sq Ft
11/07/2017 11/07/17 Price Changed $5,245,000 -4.5% $1,229 / Sq Ft
09/20/2017 09/20/17 Price Changed $5,495,000 -8.3% $1,287 / Sq Ft
08/08/2017 08/08/17 For Sale $5,995,000 -- $1,405 / 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 $52,997 $5,214,099 $2,844,571 $2,369,528
2024 $52,997 $5,111,863 $2,788,796 $2,323,067
2023 $52,722 $5,011,631 $2,734,114 $2,277,517
2022 $50,985 $4,913,364 $2,680,504 $2,232,860
2021 $50,480 $4,817,025 $2,627,946 $2,189,079
2020 $49,403 $4,767,633 $2,601,000 $2,166,633
2019 $48,458 $4,674,150 $2,550,000 $2,124,150
2018 $62,425 $6,016,495 $2,026,209 $3,990,286
2017 $61,134 $5,898,526 $1,986,480 $3,912,046
2016 $60,165 $5,782,870 $1,947,530 $3,835,340
2015 $59,329 $5,696,007 $1,918,277 $3,777,730
2014 $58,718 $5,584,431 $1,880,701 $3,703,730
Source: Public Records

Agents Affiliated with this Home

  • Dave Terdy

    Seller's Agent in 2018

    Dave Terdy

    David Lyng Real Estate (Carmel offices)

    (831) 277-0640

    17 Total Sales

    Dave Terdy
    Section Image

  • R

    Buyer's Agent in 2018

    RECIP

    Out of Area Office

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Map

Source: MLSListings

MLS Number: ML81673257

MLSListings

APN: 243-152-003-000

California Monterey County Carmel 93923 Carmel Highlands

56 Yankee Point Dr, Carmel, CA

Not Listed for Sale

Detached

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