OFF MARKET

Off Market Dec 2024 for $1.4M

$1,361,768

Est. refi paymentEst. refi $9,249/mo

•

1,520

sq ft

3850 Rio Rd #1, Carmel, CA 93923

About this home

Welcome to your dream condo in the highly sought-after Arroyo Carmel community! This exceptional property is one of the few units that backs up to the green belt open space, offering breathtaking panoramic views of the Santa Lucia Mountains. Enjoy stunning sunsets from your private backyard or the balcony of the primary suite. This beautifully updated townhome features two generously sized bedrooms, each with its own ensuite bathroom, providing comfort and privacy. The entire unit boasts updated finishes, and the kitchen is a chef's delight with top-of-the-line appliances and custom cabinetry. Additional amenities include a spacious two-car garage, washer/dryer and new composition roof installed in 2023. The prime location offers easy walking access to a variety of excellent restaurants, grocery stores, and essential day-to-day amenities. Plus, you're just over a mile from the picturesque Carmel River Beach. Experience the perfect blend of luxury, convenience, and natural beauty in this exceptional Arroyo Carmel townhome. Don't miss the opportunity to make it yours!

CondoProperty Type

1976Year Built

1,717 sq ftLot Size

$896Est. Price/Sq.Ft.

2 car garageParking

Listed by BambacePetersonTeam •DRE #70010145 • Compass

Contact: 831-200-3178

Bought with Bobbie Ehrenpreis •DRE #01136716 • Carmel Realty Company

Redfin checked: a minute ago

•Source:MLSListings #ML81985840

Redfin Estimate

$1,361,768

$38K since sold in December 2024$37K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 41.1% higher than the average sale price ($965K) of 6 comparable homes.

SOLD JAN 30, 2026
$960,000
A
2 beds2.5 baths1,520 sq ft
3850 Rio Rd #7, Carmel, CA 93923
SOLD AUG 31, 2026
$885,000
B
2 beds2 baths1,411 sq ft
24501 Via Mar Monte #58, Carmel, CA 93923
SOLD AUG 5, 2026
$1,060,000
C
2 beds2 baths1,040 sq ft
4000 Rio Rd #49, Carmel, CA 93923
SOLD MAY 4, 2026
$925,000
D
2 beds2 baths1,420 sq ft
3600 High Meadow Dr #9, Carmel, CA 93923
SOLD JUN 8, 2026
$887,500
E
2 beds2 baths1,547 sq ft
8 Shepherds Knl, Pebble Beach, CA 93953
SOLD JUL 23, 2026
$1,075,000
F
2 beds2.5 baths1,591 sq ft
7 Via Joaquin #5, Monterey, CA 93940

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Earn from this home

Sell

$205,275

Est. take-home

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Refinance

Est. cash available

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Rent

$2,723/mo

Redfin rental estimate

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Market trends in 93923, CA

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.0%

0.6% MoM

Median sale price

$2.3M

$426K MoM

Avg. days on market

42d

19 days MoM

Recently sold homes

1 MoM

New listings for sale

$22,000,000
4 beds4.5 baths3,334 sq ft
0 Scenic 8 SE of 8th Rd, Carmel, CA 93923
$2,695,000
3 beds2 baths1,459 sq ft
24571 Portola Ave, Carmel, CA 93923
VIDEO TOUR
$4,500,000
4 beds3.5 baths2,122 sq ft
0 NE Corner Monte Verde and Tenth Ave, Carmel-By-The-Sea, CA 93921
$1,650,000
3 beds2 baths2,052 sq ft
25455 Canada Valley Dr, Carmel, CA 93923
EARLY ACCESS
$8,395,000
5 beds7 baths5,721 sq ft
5 Touche Pass, Carmel, CA 93923
$849,000
2 beds2 baths998 sq ft
4000 Rio Rd #26, Carmel, CA 93923
$1,025,000
2 beds2 baths1,480 sq ft
154 DEL MESA CARMEL, Carmel, CA 93923
$1,050,000
2 beds2 baths1,522 sq ft
139 Del Mesa Carmel, Carmel, CA 93923
$3,495,000
3 beds3.5 baths4,783 sq ft
568 Aguajito Rd, Carmel, CA 93923
$3,200,000
2 beds2 baths1,335 sq ft
0 Santa Lucia 2 NE of Casanova St, CARMEL, CA 93921
See all

Provided by Redfin

Sale history for 3850 Rio Rd #1

Date

Event

Price

MLSListings #ML81985840

Dec 4, 2024

Sold

$1,400,000

$921/sq ft

Nov 25, 2024

Pending

—

Nov 13, 2024

Contingent

—

Nov 6, 2024

Listed

$1,275,000

$839/sq ft

MLSListings #ML81795882

Jul 15, 2020

Sold

$895,000

$589/sq ft

Jun 15, 2020

Contingent

—

Jun 9, 2020

Listed

$895,000

$589/sq ft

+19

Best location in the development. Located in the quiet back, this end unit faces the open space and gives the feeling of being all by yourself. Sellers have beautifully remodeled the entire unit recently: Wood flooring throughout first floor, stairway and bedrooms; tile flooring in upstairs baths; new sinks & faucets; kitchen has custom cabinets, Sub-Zero fridge, Wolfe range, Miele dishwasher Quartzite counters and much more. Beautiful fireplace in living room that faces south for nice sun exposure. Large two car garage with Lift-Master mechanism. Close to all the amenities you need. This is truly a winner. Please visit https://www. carmelrealtycompany.com/covidplan for CRC Prevention Plan.

Public Records

Mar 16, 2015

Sold

$715,000

$470/sq ft

MLSListings #ML81448976

Feb 2, 2015

Listed

—

Feb 2, 2015

Sold

$715,000

$470/sq ft

+11

Public Records

Jul 13, 2007

Sold

$775,000

$510/sq ft

MLSListings #ML80731573

Jul 13, 2007

Listing Removed

—

Jun 15, 2007

Sold

$775,000

$510/sq ft

Jun 8, 2007

Listed

$777,000

$511/sq ft

Public Records

Jul 21, 2006

Sold

$765,000

$503/sq ft

MLSListings #ML80635989

Jul 21, 2006

Listing Removed

—

Jul 19, 2006

Sold

$765,000

$503/sq ft

Jun 13, 2006

Listed

$765,000

$503/sq ft

Public Records

May 31, 2002

Sold

$550,000

$362/sq ft

Public Records

Mar 25, 1974

Sold

$50,000

$33/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$15,713 (+44.0%)

$408,000 + $1,020,000

$1,428,000

2024

$10,912 (+0.2%)

$400,000 + $1,000,000

$1,400,000

2023

$10,894 (+2.5%)

$424,483 + $525,297

$949,780

2022

$10,624 (+2.1%)

$416,160 + $514,998

$931,158

2021

$10,402 (+13.8%)

$408,000 + $504,900

$912,900

2020

$9,139 (+2.0%)

$400,000 + $495,000

$895,000

2019

$8,957 (+2.3%)

$439,575 + $346,163

$785,738

2018

$8,751 (+2.7%)

$430,956 + $339,376

$770,332

2017

$8,524 (+2.6%)

$414,222 + $326,199

$740,421

2016

$8,308 (+16.1%)

$414,222 + $326,199

$740,421

2015

$7,158 (+10.0%)

$406,100 + $319,803

$725,903

2014

$6,506 (+11.9%)

$363,000 + $200,000

$563,000

2013

$5,816 (+4.7%)

$363,000 + $200,000

$563,000

2012

$5,555 (−9.5%)

$330,000 + $180,000

$510,000

2011

$6,135 (−0.7%)

$222,250 + $264,211

$486,461

2010

$6,177 (−0.6%)

$250,000 + $297,200

$547,200

2009

$6,216 (−26.8%)

$360,430 + $194,078

$554,508

2008

$8,486

$360,000 + $198,000

$558,000

Tax history for 3850 Rio Rd #1

Year

Property tax

Land + Additions

Assessment*

2025

$15,713 (+44.0%)

$408,000 + $1,020,000

$1,428,000

2024

$10,912 (+0.2%)

$400,000 + $1,000,000

$1,400,000

2023

$10,894 (+2.5%)

$424,483 + $525,297

$949,780

2022

$10,624 (+2.1%)

$416,160 + $514,998

$931,158

2021

$10,402 (+13.8%)

$408,000 + $504,900

$912,900

2020

$9,139 (+2.0%)

$400,000 + $495,000

$895,000

2019

$8,957 (+2.3%)

$439,575 + $346,163

$785,738

2018

$8,751 (+2.7%)

$430,956 + $339,376

$770,332

2017

$8,524 (+2.6%)

$414,222 + $326,199

$740,421

2016

$8,308 (+16.1%)

$414,222 + $326,199

$740,421

2015

$7,158 (+10.0%)

$406,100 + $319,803

$725,903

2014

$6,506 (+11.9%)

$363,000 + $200,000

$563,000

2013

$5,816 (+4.7%)

$363,000 + $200,000

$563,000

2012

$5,555 (−9.5%)

$330,000 + $180,000

$510,000

2011

$6,135 (−0.7%)

$222,250 + $264,211

$486,461

2010

$6,177 (−0.6%)

$250,000 + $297,200

$547,200

2009

$6,216 (−26.8%)

$360,430 + $194,078

$554,508

2008

$8,486

$360,000 + $198,000

$558,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

1,717

Year renovated

1976

Sq. Ft.

1,520

Year built

1976

Style

Condo/Co-op

County

Monterey County

APN

015531001000

Parking Spaces

Basement

Accessible

HOA Dues

$595 /month

Garage

Yes

Features

Views, Green, Pool

Last updated by owner on Feb 26, 2025.

Property details

Parking

Parking Information
Garage (Minimum): 2
Garage (Maximum): 2
Parking Description: Common Parking Area, Detached, Guest/Visitor Parking, Off-Street Parking, Parking Area, Parking Restrictions, Unassigned Spaces, Uncovered Parking
Garage Spaces: 2

Interior

Bedroom Information
# of Bedrooms (Minimum): 2
# of Bedrooms (Maximum): 2
Bedrooms: More than One Primary Bedroom, Walk-In Closet

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
Bathroom Description: Double Sinks, Dual Flush Toilet, Half on Ground Floor, Primary (Stall Shower(s)), Shower and Tub, Stall Shower, Stone, Updated Bath(s)

Room Information
Family Room Description: Other (See Remarks)
Dining Room Description: Dining Area
Kitchen Description: Countertop (Marble), Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven (Electric), Oven (Self Cleaning), Oven Range (Gas), Refrigerator(s)

Interior Features
Laundry: Dryer, Hookup (Gas Dryer), In Garage, Tub/Sink, Washer
Flooring: Tile, Wood

Fireplace Information
Has Fireplace
Fireplace Description: In Family Room, Gas-Burning, Insert
Fireplaces (Minimum): 1

Heating & Cooling Information
Cooling: Ceiling Fan
Heating: Central Forced Air (Gas), Fireplace

Exterior

Exterior Features
View: Forest/Woods, Hills, River / Stream
Roof: Composition, Shingle
Yard/Grounds: Balcony/Patio, Drought Tolerant Plants, Low Maintenance, Sprinkler(s) (Auto), Sprinkler(s) (Lawn), Tennis Court(s)

Building Information
Style: Ranch
Subclass: Condominium
Construction Type: Wood, Wood Frame
Crawl Space

Pool Information
Has Pool
Pool Description: Community Facility, Fenced, Heated, In-Ground, Spa - In Ground, Spa/Hot Tub

Property Features
Amenities: Bay Window, High Ceiling, Walk-In Closet, Wet Bar
Communication: Cable TV
Living Sq. Ft.: 1,520
Security Features: Security Alarm, Security Lights

Property Information
Ownership Type: Condominium Ownership
Property Faces: South
Property Primary ID: 37521
Restrictions: Age (No Restrictions), Board Approval, Parking Restrictions, Pets (Allowed), Pets (Cats Permitted), Pets (Dogs Permitted), Pets (Restrictions), Pets (Rules), Other (See Remarks)

Lot Information
Lot Acres: 0.0394
Lot Description: Grade (Level), Views
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Other (See Remarks)
Zoning: PUD

Financial

Tax/Assessment Information
City Transfer Tax: No

Utilities

Utility Information
Energy Features: Energy Star Appliances, Low Flow Shower, Low Flow Toilet, Thermostat Controller
Sewer Septic: Sewer (Public)
Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Water Information
Water: Individual Water Meter

Location

Unit Information
Minimum Floor Number: 1

Multi-Unit Information
# of Stories: 2
# of Units in Building (Minimum): 92
# of Units in Building (Maximum): 92
# of Units in Complex (Minimum): 92

HOA Information
Has HOA
Fees Include: Cable/Dish, Common Area Electricity, Garbage, Insurance (Common Area), Insurance (Earthquake), Insurance (Liability), Insurance (Structure), Landscaping/Gardening, Maintenance (Common Area), Maintenance (Road), Pools, Spa, or Tennis
HOA Amenities: Club House, Community Pool, Sauna/ Spa/ Hot Tub, Tennis Court/Facility
HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
HOA Fee: $595
HOA Fee Frequency: Monthly
HOA Name: Arroyo Carmel Homeowners Association

School Information
Elementary School: Carmel River Elementary
Elementary School District: Carmel Unified
Middle School: Carmel Middle
High School: Carmel High
High School District: Carmel Unified

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 1,520
Stories: 2.0
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 1,717 square feet
Style: Condo/Co-op
Year Built: 1976
Year Renovated: 1976
County: Monterey County
APN: 015531001000
HOA Dues: $595/month
Garage: Yes
Features: Views, Green, Pool

Home facts updated by owner on Feb 26, 2025

Other

Miscellaneous Information
Incorporated: No

About this building

3 for sale

3850 Rio Rd, Carmel, CA 93923

See photos & sale trends

Photo via 3850 Rio Rd #44

Units for sale


63	$1,099,000	2 beds	2 baths	1409 sq ft
42	$1,149,000	2 beds	2.5 baths	1520 sq ft
78	$1,100,000	3 beds	2.5 baths	1580 sq ft

Around this home

Schools

Carmel River Elementary School

Public K-5 • Assigned • 1.1mi

9/10

Carmel Middle School

Public 6-8 • Assigned • 0.6mi

7/10

Carmel High School

Public 9-12 • Assigned • 1.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

4/10 Fire Factor

2% chance of being in a wildfire in next 30 years

2/10 Heat Factor

9 days above 76° expected this year, 23 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

11 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Carmel, CA • 93923

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.8 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

10.8 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.29M – $1.57M

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Home values near 3850 Rio Rd #1

Data from public records.

Address	Redfin Estimate
3850 Rio Rd Apartment 91, Carmel, CA 3 Beds \| 2.5 Baths \| 1742 Sq. Ft.	$1,339,060
3850 Rio Rd Apartment 87, Carmel, CA 3 Beds \| 2.5 Baths \| 1580 Sq. Ft.	$1,212,997

Address	Redfin Estimate
3850 Rio Rd Apartment 90, Carmel, CA 2 Beds \| 2 Baths \| 1268 Sq. Ft.	$1,043,704
3850 Rio Rd Apartment 86, Carmel, CA 3 Beds \| 2.5 Baths \| 1750 Sq. Ft.	$1,250,927

Address	Redfin Estimate
3850 Rio Rd Apartment 89, Carmel, CA 2 Beds \| 2 Baths \| 1440 Sq. Ft.	$1,156,597
3850 Rio Rd Apartment 84, Carmel, CA 2 Beds \| 2.5 Baths \| 1580 Sq. Ft.	$1,269,339

Property information provided by MLSListings when last listed in 2024. This data may not show owner updates. Learn more.

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