NOT LISTED FOR SALE

Estimated Value: $6,264,000 - $7,817,749

6 Beds
12 Baths
7,717 Sq Ft
$912/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $6,250,000 $810 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $41,523/month

27 Days on Market

Highlights

  • Guest House
  • Stables
  • Cabana
  • Tularcitos Elementary School Rated A
  • Wine Cellar
  • 8.49 Acre Lot

About This Home

As of June 2016

"Los Ranchitos", Little Ranches, a True Hacienda This gated estate is one of the most beautiful properties in Carmel Valley. Built in 1927 by architect and builder Hugh Comstock. Completely remodeled in 2007 in the keeping of the classic early California hacienda style. This three bedroom, three full and one half bath home sits on over eight acres covered with majestic heritage oaks. Framed with trees, the home has views up and down Carmel Valley. Built around the courtyard are two guest rooms and baths plus a beautifully appointed guest house nearby. Attached to the massive car barn is another full guest house and office space. Many beautiful features are incorporated in the construction of the buildings such as 2 ft. thick walls, tiled and wood floors, arched doors, copper hooded fireplaces, hand hewn beams and lush gardens with fountains, fire pit and swimming pool. This estate is a perfectly private retreat.

Last Agent to Sell the Property

Shelly Lynch

Carmel Realty Company License #01217466 Listed on: 02/22/2016

Co-Listed By

Vicki Mitchell

Carmel Realty Company License #00541827

Last Buyer's Agent

Jan Wright Bessey

Sotheby’s International Realty License #01155827

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 8.49 Acre Lot
  • Back and Front Yard Fenced
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 12 Car Detached Garage
  • Enclosed Parking
  • Workshop in Garage
  • Lighted Parking
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Mountain
  • Hills
  • Park or Greenbelt

Home Design

  • Converted Barn or Barndominium
  • Spanish Architecture
  • Cottage
  • Foundation Moisture Barrier
  • Reinforced Concrete Foundation
  • Raised Foundation
  • Mudsill Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Tile Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Quake Bracing

Interior Spaces

  • 7,717 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Wired For Sound
  • Beamed Ceilings
  • Vaulted Ceiling
  • 6 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Library
  • Workshop
  • Storage Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Gas Cooktop
  • Warming Drawer
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Marble Countertops
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Split Bathroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security Gate
  • Alarm System
  • Panic Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Cabana
  • Heated In Ground Pool
  • Outside Bathroom Access
  • Pool Cover
  • Pool Sweep

Outdoor Features

  • Seasonal Stream
  • Fire Pit
  • Shed

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property
  • Stables

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Vented Exhaust Fan
  • 220 Volts
  • Well
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Guest House
  • Farm Animals Allowed

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 187-091-030-000

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

8.49 Acres

Parking

12

Listing Details

  • Subclass: Single Family Home
  • Style: Barn Type, Cottage, Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 7717
  • Year Built: 1933
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Marble, Countertop - Tile, Dishwasher, Exhaust Fan, Hookups - Gas, Hookups - Ice Maker, Island, Oven - Double, Oven - Electric, Oven - Self Cleaning, Oven Range - Built-In, Pantry, Warming Drawer
  • Living Sq Ft: 7717
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Panic Alarm, Secured Garage / Parking, Security Alarm, Security Fence
  • Laundry: Dryer, Tub / Sink, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Guest House, In-Law Unit, Library, Mud Room, Office Area, Storage, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 6
  • Full Bathrooms: 7
  • Half Bathrooms: 5
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Outside Access, Split Bath, Stall Shower, Tile, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space, Foundation Moisture Barrier, Mudsill, Quake Bracing, Raised, Reinforced Concrete
  • Pool Description: Cabana / Dressing Room, Pool - Cover, Pool - Heated, Pool - In Ground, Pool - Sweep
  • Roof: Composition, Tile
  • View: Greenbelt, Hills, Mountains
  • Yard/Grounds: Back Yard, Courtyard, Fenced, Fire Pit, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Horse Property: Possible
  • Pool: Yes
  • Fencing: Fenced Back, Fenced Front, Gate, Mixed Height / Type, Rail, Wood
  • Horse Property Description: Stalls
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 12
  • Garage Parking Features: Detached Garage, Electric Gate, Enclosed, Gate / Door Opener, Guest / Visitor Parking, Lighted Parking Area, Room for Oversized Vehicle, Workshop in Garage

Utilities

  • Heating System: Electric, Fireplace, Gas, Radiant, Radiant Floors
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate, Vaulted Ceiling, Video / Audio System, Walk-in Closet

Lot Info

  • Lot Description: Farm Animals (Restricted), Grade - Gently Sloped, Stream - Seasonal, Views
  • Parcel Number: 187-091-030-000
  • Lot Acres: 8.4900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 369824.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 369824.40
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Low Flow Shower, Low Flow Toilet, Tankless Water Heater

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
May 18, 2016
Sold by
Smith Mary Barton
Bought by
Asher James H and Asher Jane A
Seller's Agent
Shelly Lynch
Carmel Realty Company
Buyer's Agent
Jan Wright Bessey
Sotheby’s International Realty
List Price
$7,000,000
Sold Price
$6,250,000
Premium/Discount to List
-$750,000
-10.71%
Current Estimated Value
$7,040,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,875
Avg. Annual Appreciation
1.23%
Original Mortgage
$2,850,000
Outstanding Balance
$2,265,095
Interest Rate
3.61%
Mortgage Type
Unknown
Estimated Equity
$4,775,780

Purchase Details

Closed on
Apr 7, 2004
Sold by
Bareilles Steven J and Bareilles Nancy M
Bought by
Smith Rodney and Smith Mary Barton

Purchase Details

Closed on
Mar 27, 2002
Sold by
Lockton Kathy A and Lockton David B
Bought by
Bareilles Steven J and Bareilles Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.12%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Lockton Kathy A and Lockton David B
Bought by
Lockton David and Lockton Kathy

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
8.43%

Purchase Details

Closed on
Jul 18, 1997
Sold by
Lockton David B and Lockton Kathy A
Bought by
Lockton Kathy A and Lockton David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
7.83%

Purchase Details

Closed on
Jul 7, 1997
Sold by
Modisette Louisa Jane Judge
Bought by
Lockton David B and Lockton Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Asher James H $6,250,000 Old Republic Title Company
Smith Rodney -- First American Title
Bareilles Steven J -- Old Republic Title Company
Lockton David -- Chicago Title Co
Lockton Kathy A -- --
Lockton David B $2,200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asher James H $2,850,000
Previous Owner Bareilles Steven J $2,500,000
Previous Owner Lockton David $2,000,000
Previous Owner Lockton David B $1,320,000
Closed Lockton David B $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $6,250,000 -10.7% $810 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $7,000,000 -- $907 / 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 $63,452 $6,214,931 $2,367,592 $3,847,339
2024 $63,452 $6,093,070 $2,321,169 $3,771,901
2023 $63,335 $5,973,599 $2,275,656 $3,697,943
2022 $61,193 $5,856,471 $2,231,036 $3,625,435
2021 $60,584 $5,741,640 $2,187,291 $3,554,349
2020 $59,300 $5,682,768 $2,164,864 $3,517,904
2019 $58,172 $5,571,342 $2,122,416 $3,448,926
2018 $57,097 $5,462,100 $2,080,800 $3,381,300
2017 $55,925 $5,355,000 $2,040,000 $3,315,000
2016 $23,177 $2,188,000 $1,225,000 $963,000
2015 $20,527 $1,931,000 $1,081,000 $850,000
2014 $20,706 $1,930,000 $1,080,000 $850,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81561757

MLSListings

APN: 187-091-030-000

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