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232 Highway 1

Carmel, CA 93923

4 bd 5 ba 4,730 sqft Built 1920 Lot 47,480 sqft single_family
Most recent sale
$7,000,000
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2024 Sold $5,335,000 MLSListings
Jun 7, 2024 Listed $5,495,000 MLSListings
Sep 12, 2022 Listed $6,295,000 MLS #ML81907006
Aug 2, 2022 Sold $7,000,000 Public Record
Dec 5, 2011 Listing removed $6,595,000 MLSListings
Aug 23, 2011 Listed $6,595,000 MLS #81136837
Aug 15, 2009 Listing removed $6,495,000 MLSListings
May 28, 2009 Relisted $6,495,000 MLS #80767934
Feb 24, 2009 Listing removed $6,495,000 MLSListings
Feb 19, 2009 Price changed $6,495,000 MLS #80767934
Jul 2, 2008 Listed $7,250,000 MLS #80767934
Jan 10, 2005 Sold $2,210,000 Public Record
Mar 30, 1993 Sold $1,100,000 Public Record
Oct 31, 1986 Sold $645,000 Public Record
Apr 30, 1984 Sold $192,000 Public Record
Mar 5, 1982 Sold $700,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,335,000 $3,000,000 $5,335,000 $55,829
2024 $2,335,000 $3,000,000 $5,335,000 $74,006
2023 $3,000,000 $4,000,000 $7,000,000 $73,742
2022 $1,388,759 $3,787,541 $5,176,300 $53,830
2021 $1,361,529 $3,713,276 $5,074,805 $53,297
2020 $1,347,569 $3,675,201 $5,022,770 $52,163
2019 $1,321,147 $3,603,139 $4,924,286 $51,168
2018 $1,320,360 $2,775,000 $4,095,360 $42,623
2017 $1,320,360 $2,775,000 $4,095,360 $42,576
2016 $1,017,000 $2,775,000 $3,792,000 $39,584
2015 $651,000 $1,774,000 $2,425,000 $25,398
2014 $650,000 $1,772,000 $2,422,000 $25,606
2013 $608,000 $1,657,000 $2,265,000 $23,585
2012 $660,000 $1,790,000 $2,450,000 $25,688
2011 $693,294 $1,874,461 $2,567,755 $26,802
2010 $763,592 $2,064,527 $2,828,119 $29,434
2009 $1,167,328 $3,183,624 $4,350,952 $45,304
2008 $1,144,440 $3,121,200 $4,265,640 $44,257
2007 $1,122,000 $3,060,000 $4,182,000 $43,250

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,730 sqft
Lot size
47,480 sqft
ZIP code
93923
City
Carmel
Street
Highway 1
Coordinates
36.49324, -121.93829

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$42,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 232 Highway 1 last sell?
232 Highway 1 most recently sold on Aug 2, 2022 for $7,000,000.
What is the current tax assessment for 232 Highway 1?
The most recent total assessment for 232 Highway 1 (year 2025) is $5,335,000 with $55,829 in property tax.
How does 232 Highway 1's assessment compare to its last sale price?
The current assessment is 23.8% below the last sale price of $7,000,000.
When was 232 Highway 1 built?
232 Highway 1 was built in 1920.
How does 232 Highway 1 compare to others on Highway 1?
We track 8 other properties on Highway 1. Browse the list under "Other properties on Highway 1" to compare beds, baths, and sale history.
What are the property facts for 232 Highway 1?
232 Highway 1 is a 4 bed, 5 bath, 4,730 sqft, 47,480 sqft lot single_family.
Is 232 Highway 1 a flip candidate?
No — 232 Highway 1 does not appear in our flips dataset.
Is 232 Highway 1 a tax-appeal candidate?
No — 232 Highway 1 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-6.0%
2026 Q3
$2.6M
2026 Q4
$2.56M
ZIP 93923 — Median Price History + Forecast

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