Located just one mile from Carmel Valley Village, this fully occupied, three unit property is the perfect investment opportunity for any investor or for anyone looking to live in one unit and generate significant income from the others. All of this is situated on over an acre of land. Unit A offers 2 bedrooms and 2 full bathrooms. Unit B features a fireplace within its one-bed, one-bath layout. Unit C offers a private patio off a huge primary suite. With tenants already in place paying current market rents, the property is poised to be generating income for you from day one. Wake up to bright sunshine and drive a minute down the road for fresh coffee from one of the local shops. Of course, the Village is famous for its wine scene. Savor a glass (or two) with friends at a tasting room, drinking in the simplicity so inherent to life here. Pass an afternoon with an invigorating hike at Garland Ranch Regional Park five minutes away. Whether you come to live in one unit and rent the others, or rent all three, you'll want to be the one holding the keys to a property that so easily promotes long-term financial stability while connecting every resident with the wholesome kind of joy that defines Carmel Valley. Financials are available upon request.
For sale
$1,549,000
273 W Carmel Valley Rd, Carmel Valley, CA 93924
4beds
2,240sqft
Single Family Residence, Residential
Built in 1938
1.13 Acres Lot
$-- Zestimate®
$692/sqft
$-- HOA
What's special
- 93 days
- 388
- 12
Zillow last checked:
Listing updated:
Listed by:
The Ruiz Group 70010112 831-277-8712,
Keller Williams Realty 619-469-0700
Source: MLSListings Inc,MLS#: ML82052264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Dining room
- Features: DiningArea
Family room
- Features: KitchenFamilyRoomCombo
Heating
- Wall Furnace
Cooling
- None
Features
- Doors: Other
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage, Parking Area
Accessibility
- Accessibility features: Other
Features
- Stories: 1
Lot
- Size: 1.13 Acres
Details
- Parcel number: 187231003000
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Carmel Valley
Financial & listing details
- Price per square foot: $692/sqft
- Tax assessed value: $1,285,480
- Date on market: 6/25/2026
- Listing agreement: ExclusiveRightToSell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $1,549,000+158.2%$692/sqft |
Source: | ||
| 3/31/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/26/2024 | Listed for rent | $2,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/6/2013 | Sold | $600,000$268/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,285,480 +74.8% |
| 2025 | $8,291 +2.8% | $735,504 +2% |
| 2024 | $8,062 -0.6% | $721,083 +2% |
| 2023 | $8,111 +3.3% | $706,946 +2% |
| 2022 | $7,854 +1.2% | $693,085 +2% |
| 2021 | $7,759 +3.6% | $679,497 +1% |
| 2020 | $7,493 +1.8% | $672,531 +2% |
| 2019 | $7,356 +1.7% | $659,345 +2% |
| 2018 | $7,232 +2% | $646,418 +2% |
| 2017 | $7,092 +2% | $633,745 +2% |
| 2016 | $6,955 +1.3% | $621,319 +1.5% |
| 2015 | $6,864 +1% | $611,988 +2% |
| 2014 | $6,797 | $600,000 +700.9% |
| 2011 | -- | $74,915 +0.8% |
| 2010 | -- | $74,356 +1.8% |
| 2008 | -- | $73,073 +2% |
| 2007 | -- | $71,641 +2% |
| 2006 | -- | $70,237 +2% |
| 2005 | -- | $68,861 +2% |
| 2004 | -- | $67,512 +1.9% |
| 2003 | -- | $66,276 +2% |
| 2002 | -- | $64,977 +2% |
| 2001 | $752 | $63,704 +2% |
| 2000 | -- | $62,455 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 93924
Nearby schools
Schools provided by the listing agent
- 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.







