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Sold for $11,500,000
  • $11,500,000

    254 Highway 1, Carmel, CA 93923

    5beds
    5,836sqft
    Single Family Residence, Residential
    Built in 1994
    0.98 Acres Lot
    $11,522,600 Zestimate®
    $1,971/sqft
    $7,381 Estimated rent

    Home value

    $11,522,600

    $10.02M - $13.25M

    $7,381/mo

    Zestimate® history
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    $72,880/mo

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    $72,880/mo

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    What's special

    Spectacular ocean viewsSweeping viewsDramatic viewsOld world eleganceLuxurious primary suiteLush gardensPanoramic vistas
    Perched above the Pacific Ocean with spectacular ocean views, Villa Alto Mare captivates instantly, the sounds of crashing waves & the beauty of Point Lobos mesmerizing. Grand in style yet designed to be enjoyed with others or to cherish natures beauty in solitude, this impressive custom estate was built with the finest materials including limestone, marble & Venetian plaster. The grand foyer exudes Old World elegance while the stately living room enthralls with sweeping views. Magnificent panoramic vistas enhance the spacious kitchen, charming dining area and wood-beam vaulted dining room. A mahogany study provides a quiet retreat while the luxurious primary suite with dramatic views encompasses the entire upstairs. A separate studio provides a peaceful space for guests to relax. Lush gardens, fountains & outdoor entertaining areas enrich the feeling of being one with natures splendor. Elegant, formal, tranquil & serene, Villa Alto Mare is a singular piece of heaven on earth!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca Wolf Arnold 01706104 831-241-2600,

    Carmel Realty Company 831-622-1000,

    Geoff Arnold 02036451 831-297-3890,

    Carmel Realty Company

    Bought with:

    Tim Allen, 00891159

    Coldwell Banker Realty

    Source: MLSListings Inc,MLS#: ML81991703MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Laundry, Library, Office, Utility Room, Workshop
    Bedroom
    • Features: GroundFloorBedroom, PrimarySuiteRetreat, WalkinCloset
    Bathroom
    • Features: DoubleSinks, Marble, ShowerandTub, Skylight, StallShower2plus, SteamShower, Tile, TubwJets, FullonGroundFloor, HalfonGroundFloor
    Dining room
    • Features: BreakfastNook, EatinKitchen, FormalDiningRoom, Skylights
    Family room
    • Features: Other
    Kitchen
    • Features: Countertop_Granite, Countertop_Other, ExhaustFan, IslandwithSink
    Heating
    • Individual Room Controls, Propane, Radiant, Radiant Floor, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Cooktop, Dishwasher, Exhaust Fan, Freezer, Disposal, Range Hood, Microwave, Double Oven, Electric Oven, Self Cleaning Oven, Refrigerator, Dryer, Washer, Washer/Dryer
    • Laundry: Tub/Sink, Upper Floor, Inside, In Utility Room
    Features
    • High Ceilings, One Or More Skylights, Vaulted Ceiling(s), Video Audio System, Open Beam Ceiling, Walk-In Closet(s)
    • Flooring: Hardwood, Marble, Tile, Wood
    • Number of fireplaces: 5
    • Fireplace features: Living Room, Primary Bedroom, Other Location, Outside, Wood Burning
    Interior area
    • Total structure area: 5,836
    • Total interior livable area: 5,836 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Detached, Garage Door Opener, Guest, Off Street
    • Garage spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Balcony/Patio
    • Exterior features: Back Yard, Barbecue, Fenced, Drought Tolerant Plants
    • Fencing: Back Yard,Partial,Wood
    • Has view: Yes
    • View description: Hills, Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    Lot
    • Size: 0.98 Acres
    • Features: Grade Varies
    Details
    • Additional structures: Garage, Sheds
    • Parcel number: 241182025000
    • Zoning: SFR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence, Residential
    Materials
    • Foundation: Raised, Slab, Crawl Space
    • Roof: Tile, Clay
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Gas: Generator, PropaneOnSite
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Propane, Water Public

    Community & HOA

    Location
    • Region: Carmel

    Financial & listing details

    • Price per square foot: $1,971/sqft
    • Tax assessed value: $3,690,576
    • Annual tax amount: $38,634
    • Date on market: 3/13/2025
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    10/3/2025Sold$11,500,000-9.8%$1,971/sqft
    Source: MLSListings Inc #ML81991703 Report a problem
    8/27/2025Pending sale$12,750,000$2,185/sqft
    Source: MLSListings Inc #ML81991703 Report a problem
    7/29/2025Contingent$12,750,000$2,185/sqft
    Source: MLSListings Inc #ML81991703 Report a problem
    4/19/2025Listed for sale$12,750,000-8.9%$2,185/sqft
    Source: MLSListings Inc #ML81991703 Report a problem
    5/31/2023Listing removed--
    Source: MLSListings Inc #ML81900756 Report a problem
    1/25/2023Price change$13,999,000-22.2%$2,399/sqft
    Source: MLSListings Inc #ML81900756 Report a problem
    7/19/2022Listed for sale$18,000,000$3,084/sqft
    Source: MLSListings Inc #ML81900756 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$38,634 +3%$3,690,576 +2%
    2024$37,523 0%$3,618,213 +2%
    2023$37,525 +3.4%$3,547,268 +2%
    2022$36,295 +1.2%$3,477,715 +2%
    2021$35,864 +2.2%$3,409,526 +1%
    2020$35,102 +1.9%$3,374,566 +2%
    2019$34,433 +1.9%$3,308,399 +2%
    2018$33,795 +2.1%$3,243,529 +2%
    2017$33,099 +1.6%$3,179,932 +2%
    2016$32,576 +2.5%$3,117,581 +1.5%
    2015$31,794 $3,070,753 +2%
    2014$31,794 $3,010,602 +2.5%
    2012-- $2,938,233 +2%
    2011-- $2,880,621 +0.8%
    2010-- $2,859,093 -0.2%
    2009-- $2,865,886 +2%
    2008-- $2,809,693 +4%
    2006-- $2,700,591 +2%
    2005-- $2,647,639 +2%
    2004-- $2,595,726 +1.9%
    2003-- $2,548,153 +2%
    2002-- $2,498,190 +2%
    2001$24,578 $2,449,207 +2%
    2000-- $2,401,183
    Find assessor info on the county website

    Neighborhood: 93923

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: CarmelRiverElementary
    • Middle: CarmelMiddle
    • High: CarmelHigh
    • District: CarmelUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $11,522,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $11,522,600