Listed 147 days ago · March 9, 2026 | MLS# ML82037800
$525/sqft -67% vs Carmel avg
What this means: Priced below the Carmel per-sqft average. Compare to recent sales below for context.
Est. $6,891/moP&I $4,929 · Tax $990 · Insurance $262 · HOA $710Assumes 20% down ($190,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Carmel, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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2 Bed / 3 Bath / 1,808 sqft on 1,173 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $950K vs City Average $4.2M
$525/sqft compared to Carmel avg $1,616/sqft (-67.5%).
Best fit forActive BuyersCarmel SearchersMove-Up / Move-In
About This Home
One of the largest updated Arroyo Carmel residences currently available at under $1 million. Tucked within a peaceful area of Carmel, this updated residence offers sweeping views of the Santa Lucia Mountains and a lovely of the community pond, creating a daily backdrop of natural beauty and calm. Step outside to 4 different patios/balconies to extend your living space. Inside, one of the larger floor plans in the community, it features two spacious upstairs' bedroom suites, while a convenient powder room downstairs serves the main living area. The fully updated kitchen showcases Quartz countertops and new appliances, complemented by luxury vinyl plank flooring throughout for a clean, contemporary feel. The living space is designed to embrace the surrounding scenery, fresh paint, newly installed flooring, and a brand-new fireplace that adds warmth and character. Numerous upgrades including new vanities, toilets, washer and dryer, window shades, and updated lighting ensure a move-in-ready experience. Located just minutes from the sands of Carmel Beach and the charming shops and restaurants of Carmel-by-the-Sea, residents and guests also enjoy community amenities: a pool, spa, and tennis courts, all within the highly rated Carmel Unified School District.
MLS ID #ML82037800, Amber Russell Kerchner. Listing provided by Over the Moon Realty, Inc · MLSListings Inc.
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Property Details
Property Type
Condominium
Year Built
1976
Bedrooms
2
Bathrooms
2 Full, 1 Half
Living Area
1,808 sqft
Lot Size
1,173 sqft
Garage
N/A
Price/sqft
$525
County
Monterey
MLS Number
ML82037800
Status
Active
Stories
N/A
HOA
$710/mo
Interior Features
ForcedAir, Gas
Exterior & Lot
Shake Roof0.03 AcresPool
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
3850 Rio RD 24, Carmel, CA 93923 · Monterey County
Market Context
Price Positioning
$Price context: Listed at $525/sqft vs Carmel avg $1,616/sqft (67.5% below).
$Sale-to-list: Carmel homes selling at 96.8% of asking.
⏲Velocity: City avg 65 days. This home: 147 days.
🏠Inventory:24 2-bedroom homes currently available in Carmel.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
3850 Rio RD 24 is located in the Mission area of Carmel, California. This 2-bedroom, 3-bathroom condominium is listed for $950,000. Homes in Mission average $1,616 per square foot with an average of 65 days on market, making this one of the most actively watched markets in 93923.
2-Bedroom Homes for Sale in Carmel 93923
Browse 2-bedroom condominium listings in the Mission area of Carmel. Properties in 93923 are currently averaging $1,616 per square foot with 65 days on market.
What to Expect When Buying in Mission
The Mission market in Carmel features a mix of condominium properties ranging from starter homes to luxury estates. Current inventory levels suggest measured conditions for buyers in this area.
Listed at $950,000 ($525/sqft). Carmel avg is $1,616/sqft, placing this 67.5% below. Comparable recent sales help frame the value.
Listed 147 days (as of March 9, 2026). Carmel average is 65 days.
Est. $6,891/mo with 20% down ($190,000) at 6.75%. Includes principal & interest ($4,929), property tax ($990), and insurance ($262). HOA: $710/mo. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 122 active listings in Carmel (24 are 2-bedroom). At $950,000 this is positioned against the city average of $4,160,964. Similar homes have sold at 96.8% of asking.
2-bedroom homes in Carmel (93923) are currently averaging $1,616 per square foot. Market activity shows homes spending an average of 65 days on market in this area.
3850 Rio RD 24 in Carmel is currently listed at $950,000. This 2-bedroom, 3-bathroom condominium is located in the Mission area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Aug 3, 2026 7:00 PM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Aug 3, 2026 7:00 PM PT | Source: MLSListings Inc.
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