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243 Highway 1

Carmel, CA 93923

3 bd 4 ba 2,667 sqft Built 2017 Lot 28,314 sqft single_family
Most recent sale
$8,071,480
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Listed $9,700,000 MLS #ML81775393
Jun 27, 2022 Sold $8,071,480 MLS #ML81775393
Feb 22, 2020 Listing removed $9,700,000 MLSListings
Nov 13, 2019 Listed $9,700,000 MLS #ML81775393
Jan 25, 2019 Listed $9,700,000 MLS #ML81736586
Oct 1, 2018 Listing removed $10,200,000 MLSListings
Jun 13, 2018 Listed $10,200,000 MLS #ML81710024
Jun 2, 2018 Listing removed $11,400,000 MLSListings
Dec 12, 2017 Price changed $11,400,000 MLS #ML81668144
Jun 30, 2017 Listed $11,900,000 MLS #ML81668144
Dec 3, 1980 Sold $325,000 Public Record
Jun 26, 1967 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $4,320,686 $4,244,832 $8,565,518 $90,563
2024 $4,320,686 $4,244,832 $8,565,518 $87,987
2023 $4,152,909 $4,080,000 $8,232,909 $87,655
2022 $7,381,125 $3,465,476 $10,846,601 $113,630
2021 $7,236,398 $3,397,526 $10,633,924 $112,387
2020 $7,162,198 $3,362,689 $10,524,887 $109,985
2019 $7,021,763 $3,296,754 $10,318,517 $107,873
2018 $6,884,082 $3,232,112 $10,116,194 $105,822
2017 $3,204,142 $3,168,738 $6,372,880 $66,870
2016 $800,000 $2,719,619 $3,519,619 $36,752
2015 $490,000 $2,678,768 $3,168,768 $33,129
2014 $200,908 $2,678,768 $2,879,676 $30,415
2013 $200,000 $2,666,662 $2,866,662 $29,809
2012 $219,000 $1,231,000 $1,450,000 $15,283
2011 $328,712 $1,604,888 $1,933,600 $20,192
2010 $344,893 $1,683,887 $2,028,780 $21,125
2009 $520,200 $2,601,000 $3,121,200 $32,509
2008 $510,000 $2,550,000 $3,060,000 $31,757
2007 $500,000 $2,500,000 $3,000,000 $31,035

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,667 sqft
Lot size
28,314 sqft
ZIP code
93923
City
Carmel
Street
Highway 1
Coordinates
36.49952, -121.93719

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
$48,429
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 243 Highway 1 last sell?
243 Highway 1 most recently sold on Jun 27, 2022 for $8,071,480.
What is the current tax assessment for 243 Highway 1?
The most recent total assessment for 243 Highway 1 (year 2025) is $8,565,518 with $90,563 in property tax.
How does 243 Highway 1's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $8,071,480.
When was 243 Highway 1 built?
243 Highway 1 was built in 2017.
How does 243 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 243 Highway 1?
243 Highway 1 is a 3 bed, 4 bath, 2,667 sqft, 28,314 sqft lot single_family.
Is 243 Highway 1 a flip candidate?
No — 243 Highway 1 does not appear in our flips dataset.
Is 243 Highway 1 a tax-appeal candidate?
No — 243 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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