OFF MARKET

Off Market Nov 2020 for $835K

$1,062,929

Est. refi paymentEst. refi $5,516/mo

•

2.5 ba

•

1,520

sq ft

3850 Rio Rd #3, Carmel, CA 93923

About this home

Perfection Plus! This stunning 2 bedroom, 2.5 bath townhome is located in the much sought-after community of Arroyo Carmel within walking distance of shopping and some of the finest restaurants in Carmel. Its special location within the complex sets this home apart with amazing views of the meadow, green belt, and beautiful hills to the Southwest. Sip your morning coffee on your patio enjoying the view, sunshine filled moments and the quiet, peaceful surroundings. This spacious home has wonderful hardwood floors, a gas fireplace, plantation shutters, a separate dining room, skylights, and two upstairs master bedroom suites. You will love all the sophisticated architectural details including nooks, arches and wood with wrought iron stair railings. Take a dip in the pool, play on-site tennis or enjoy the sauna or hot tub. Just move in and get ready to experience the best of what Carmel has to offer.

CondoProperty Type

1976Year Built

$699Est. Price/Sq.Ft.

2 car garageParking

Listed by Mary Aguilar •DRE #01341966 • Douglas Elliman of California, Inc.

Bought with Rebecca Joy Selden •DRE #01706297 • Donata Realty

Source:MLSListings #ML81756462

Redfin Estimate

$1,062,929

$228K since sold in November 2020$19K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.7% higher than the average sale price ($1.06M) of 6 comparable homes.

SOLD AUG 31, 2026
$885,000
A
2 beds2 baths1,411 sq ft
24501 Via Mar Monte #58, Carmel, CA 93923
SOLD JAN 30, 2026
$960,000
B
2 beds2.5 baths1,520 sq ft
3850 Rio Rd #7, 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 JUL 23, 2026
$1,075,000
E
2 beds2.5 baths1,591 sq ft
7 Via Joaquin #5, Monterey, CA 93940
SOLD MAR 6, 2026
$1,430,000
F
2 beds2 baths1,434 sq ft
7026 Valley Greens Cir #21, Carmel, CA 93923

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Earn from this home

Sell

$414,125

Est. take-home

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Refinance

Est. cash available

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Rent

$2,711/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 #3

Date

Event

Price

Public Records

Nov 20, 2020

Sold

$835,000

$549/sq ft

MLSListings #ML81756462

Sep 13, 2019

Sold

$800,000

$526/sq ft

Sep 2, 2019

Pending

—

Aug 22, 2019

Contingent

—

Aug 1, 2019

Price Changed

$819,000

$539/sq ft

Jul 3, 2019

Relisted

—

Jun 19, 2019

Contingent

—

Jun 13, 2019

Listed

$853,000

$561/sq ft

+27

MLSListings #ML81001221

Jul 7, 2010

Sold

$565,000

$372/sq ft

Jun 9, 2010

Pending

—

Apr 13, 2010

Price Changed

$575,000

$378/sq ft

Jan 11, 2010

Listed

$615,000

$405/sq ft

Public Records

Feb 3, 1999

Sold

$375,000

$247/sq ft

MLSListings #ML89855605

Feb 3, 1999

Listing Removed

—

Feb 3, 1999

Sold

$375,000

$247/sq ft

Jan 11, 1999

Sold

$375,000

$247/sq ft

Dec 11, 1998

Listed

$395,000

$260/sq ft

Dec 11, 1998

Listed

$395,000

$260/sq ft

Public Records

Jun 3, 1994

Sold

$240,000

$158/sq ft

Public Records

Jan 31, 1980

Sold

$85,000

$56/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,525 (+2.7%)

$441,631 + $480,274

$921,905

2024

$10,253 (+0.1%)

$432,972 + $470,857

$903,829

2023

$10,238 (+2.5%)

$424,483 + $461,625

$886,108

2022

$9,990 (+2.2%)

$416,160 + $452,574

$868,734

2021

$9,773 (+5.2%)

$408,000 + $443,700

$851,700

2020

$9,287 (+20.6%)

$400,000 + $435,000

$835,000

2019

$7,699 (+2.4%)

$400,000 + $400,000

$800,000

2018

$7,517 (+2.8%)

$287,123 + $361,775

$648,898

2017

$7,315 (+2.8%)

$275,975 + $347,728

$623,703

2016

$7,119 (+1.8%)

$275,975 + $347,728

$623,703

2015

$6,995 (+1.8%)

$270,564 + $340,910

$611,474

2014

$6,869 (+2.6%)

$261,280 + $329,213

$590,493

2013

$6,694 (+2.0%)

$261,280 + $329,213

$590,493

2012

$6,562 (+2.6%)

$260,100 + $327,726

$587,826

2011

$6,393 (+22.5%)

$255,000 + $321,300

$576,300

2010

$5,220 (+1.5%)

$250,000 + $315,000

$565,000

2009

$5,145 (+2.5%)

$182,174 + $273,262

$455,436

2008

$5,019

$182,607 + $273,912

$456,519

Tax history for 3850 Rio Rd #3

Year

Property tax

Land + Additions

Assessment*

2025

$10,525 (+2.7%)

$441,631 + $480,274

$921,905

2024

$10,253 (+0.1%)

$432,972 + $470,857

$903,829

2023

$10,238 (+2.5%)

$424,483 + $461,625

$886,108

2022

$9,990 (+2.2%)

$416,160 + $452,574

$868,734

2021

$9,773 (+5.2%)

$408,000 + $443,700

$851,700

2020

$9,287 (+20.6%)

$400,000 + $435,000

$835,000

2019

$7,699 (+2.4%)

$400,000 + $400,000

$800,000

2018

$7,517 (+2.8%)

$287,123 + $361,775

$648,898

2017

$7,315 (+2.8%)

$275,975 + $347,728

$623,703

2016

$7,119 (+1.8%)

$275,975 + $347,728

$623,703

2015

$6,995 (+1.8%)

$270,564 + $340,910

$611,474

2014

$6,869 (+2.6%)

$261,280 + $329,213

$590,493

2013

$6,694 (+2.0%)

$261,280 + $329,213

$590,493

2012

$6,562 (+2.6%)

$260,100 + $327,726

$587,826

2011

$6,393 (+22.5%)

$255,000 + $321,300

$576,300

2010

$5,220 (+1.5%)

$250,000 + $315,000

$565,000

2009

$5,145 (+2.5%)

$182,174 + $273,262

$455,436

2008

$5,019

$182,607 + $273,912

$456,519

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

Property details

Interior

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 2

Exterior

Exterior Information
Construction Type: Wood
Building Construction Quality: Average
Building Type: Condo and Single Family Residenc

Property Information
Subdivision Name: 653 CARMEL LAGO UN #3
Living Sq. Ft: 1,520
# of Stories: 2
Legal Description: TRACT 653 CARMEL LAGO UNIT 1 LOT 3

Lot Information
# of Buildings: 1
Land Sq. Ft: 1,480
Legal Lot Number: 3
Acres: 0.034
Depth Footage: 74
Front Footage: 20
County Use Description: CONDOMINIUM

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 1,520
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1976
Year Renovated: 1976
County: Monterey County
APN: 015531003000

Home facts updated by county records on Sep 8, 2026

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 • 1.3mi

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

$1.01M – $1.22M

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VIDEO TOUR

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EARLY ACCESSSOTHEBY'S INTERNATIONAL REALTY COMING SOON

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4000 Rio Rd #26, Carmel, CA 93923

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Home values near 3850 Rio Rd #3

Data from public records.

Address	Redfin Estimate
3850 Rio Rd Apt 6, Carmel, CA 2 Beds \| 2.5 Baths \| 1520 Sq. Ft.	$946,985
3850 Rio Rd Apt 78, Carmel, CA 3 Beds \| 2.5 Baths \| 1580 Sq. Ft.	$1,070,050

Address	Redfin Estimate
3850 Rio Rd Apt 92, Carmel, CA 3 Beds \| 2.5 Baths \| 1765 Sq. Ft.	$1,267,017
3850 Rio Rd Apt 72, Carmel, CA 3 Beds \| 2.5 Baths \| 1765 Sq. Ft.	$1,298,652

Address	Redfin Estimate
3850 Rio Rd Apt 90, Carmel, CA 2 Beds \| 2 Baths \| 1268 Sq. Ft.	$1,043,704
3850 Rio Rd Apt 71, Carmel, CA 3 Beds \| 2.5 Baths \| 1580 Sq. Ft.	$1,075,607

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