NOT LISTED FOR SALE

8650 River Meadows Rd Carmel, CA 93923

Carmel Valley Neighborhood

Estimated Value: $6,420,441 - $6,941,000

7 Beds
6 Baths
7,937 Sq Ft
$838/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $5,250,000 $661 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $39,568/month

123 Days on Market

Highlights

  • Barn
  • Stables
  • Private Pool
  • Tularcitos Elementary School Rated A
  • Horse Property
  • 6.96 Acre Lot

About This Home

As of July 2021

MAGNIFICENT ESTATE IN EXCLUSIVE RIVER MEADOWS NEIGHBORHOOD IN PRIME LOCATION. Extraordinary French Country Estate in River Meadows, a prestigious sanctuary in mid-Carmel Valley with only 7 properties just 5 miles from Carmel. Enter this Grand Estate through handcrafted iron gates and take in stunning circular drive vast landscape, lush lawns and horse pastures, redwood trees and breathtaking grounds. Truly the epitome of sophistication, this very special property features a 6,000+ sq. ft. custom main house presiding on over 6 flat acres along the Carmel River, formal entry with 20 ft. high ceilings, exquisite Cherrywood floors, large chefs kitchen, paneled library/office, many amenities including: a 2 bedroom guest house over the 4+ car garage/workshop; irrigated and fenced pastures; box stalls; large swimming pool & spa, a gym/pool house, covered outdoor kitchen cabana, and an outdoor hunter-jumper arena. Fairytales do come true!

Last Agent to Sell the Property

Doug Steiny

Sotheby’s International Realty License #00681652 Listed on: 02/26/2021

Sotheby’s International Realty

Last Buyer's Agent

Courtney Adamski

Carmel Realty Company License #01444609

Home Details

Home Type

  • Single Family

Year Built

  • 1998

Lot Details

  • 6.96 Acre Lot

Parking

  • 4 Car Attached Garage

Home Design

  • French Architecture
  • Slate Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 7,937 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms

Outdoor Features

  • Private Pool
  • Horse Property

Farming

  • Barn
  • Pasture
  • Fenced For Horses

Horse Facilities and Amenities

  • Paddocks
  • Stables
  • Arena
  • Riding Trail

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

1998

Lot Details

0

Parking

4

Listing Details

  • Zoning: R002
  • Subclass: Single Family Home
  • Style: French
  • Listing Class: Residential
  • Structure Sq Ft: 7937
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Eat In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 7937
  • Stories: 2
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 3
  • Full Bathrooms: 6
  • Total Bedrooms: 7

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Slate
  • Horse Property: Yes
  • Horse Property Description: Arena, Barn, Fenced, Paddocks, Pasture, Riding Trails, Stalls
  • Pool: Cabana / Dressing Room, Pool - Heated, Pool - In Ground, Pool / Spa Combo
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Propane
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-In Closet, Wet Bar

Schools

  • High School: 497

Lot Info

  • Lot Acres: 6.9600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 303178.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 303178.00

Multi Family

  • Utilities: Natural Gas, Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jul 13, 2021
Sold by
Bates Frederick M
Bought by
Mayer Raymond E and Mayer Robin B
Seller's Agent
Doug Steiny
Sotheby’s International Realty
Buyer's Agent
Courtney Adamski
Carmel Realty Company
List Price
$5,495,000
Sold Price
$5,250,000
Premium/Discount to List
-$245,000
-4.46%
Current Estimated Value
$6,649,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,399,147
Avg. Annual Appreciation
5.47%
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
Mayer Raymond E $5,250,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $5,250,000 -4.5% $661 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $5,495,000 0.0% $692 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $5,495,000 -- $692 / Sq Ft
Source: MLSListings

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 $56,775 $5,571,341 $1,538,751 $4,032,590
2024 $56,775 $5,462,100 $1,508,580 $3,953,520
2023 $56,481 $5,355,000 $1,479,000 $3,876,000
2022 $54,625 $5,250,000 $1,450,000 $3,800,000
2021 $27,496 $5,250,000 $1,450,000 $3,800,000
2020 $26,912 $2,587,992 $409,521 $2,178,471
2019 $26,399 $2,537,248 $401,492 $2,135,756
2018 $25,909 $2,487,499 $393,620 $2,093,879
2017 $25,375 $2,438,725 $385,902 $2,052,823
2016 $24,974 $2,390,908 $378,336 $2,012,572
2015 $24,628 $2,354,996 $372,654 $1,982,342
2014 $24,374 $2,308,866 $365,355 $1,943,511
Source: Public Records

Agents Affiliated with this Home

  • Doug Steiny

    Seller's Agent in 2021

    Doug Steiny

    Sotheby’s International Realty

    (831) 624-1566

    37 in this area

    130 Total Sales

    Doug Steiny
    Section Image
  • Courtney Adamski

    Buyer's Agent in 2021

    Courtney Adamski

    Carmel Realty Company

    (831) 915-3913

    3 in this area

    18 Total Sales

    Courtney Adamski
    Section Image
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Map

Source: MLSListings

MLS Number: ML81831557

MLSListings

APN: 416-028-016-000

California Monterey County Carmel 93923 Carmel Valley

8650 River Meadows Rd, Carmel, CA

Not Listed for Sale

Detached

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