Carmel living at an exceptional value! Tucked away on a quiet cul-de-sac in the desirable Riverwood complex, this beautifully updated single-story condo offers an unbeatable location just minutes from the Crossroads, the Barnyard, Highway 1, and Carmel-by-the-Sea. Enjoy easy access to Big Sur, Pebble Beach, and Monterey, while still coming home to a peaceful setting. The complex has no age restriction, and this unit features an attached one-car garage. Thoughtful improvements include a new electrical panel, fireplace with marble surround, refreshed kitchen with new flooring and appliances, fully renovated bathrooms, and updated primary bedroom flooring and closet doors. The sellers purchased the home for $849,000 in 2023 and have since invested substantially in updates and maintenance. They are now offering it at the same $849,000 price they paid three years ago. What a value!
CondoProperty Type
1973Year Built
1,664 sq ftLot Size
$851Price/Sq.Ft.
$564/moHOA Dues
1 garage spacesParking
Listed by Ashley Ortiz-lawrence•DRE #02202708• KW Coastal Estates
Carmel, located between Carmel Valley Road and the Santa Lucia foothills, is a rural and village-style Carmel Valley Village neighborhood with vineyard views and oak-studded hillsides. The neighborhood’s character concentrates around the Carmel Valley Road corridor near Mid Valley Shopping Center, where tasting rooms, galleries, and patio dining set a relaxed, walkable rhythm. Architectural cues lean toward ranch homes, cottage-inspired builds, and low-slung residences that follow the valley’s contours. Folktale Winery & Vineyards, Bernardus Lodge & Spa, and the Sunset Center anchor local culture with wine, hospitality, and performing arts. Garland Ranch Regional Park frames the outdoor backdrop with trailheads and river scenery. The pace stays unhurried, shaped by open land, equestrian properties, and a strong connection to the valley landscape.
Provided by Walk Score and Local Logic
Market insights
4000 Rio Rd #26 · $849,000
DAYS ON MARKET
1 days
The average home goes pending in 66 days.
SALE-TO-LIST
96.4%
Most homes are selling 4% below list price.
LIST PRICE
$849,000
Median sale price in this area is $598,988. (29% lower than this home)
PRICE DROP
0 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
High ceilings
Cable TV and networked wiring
Fireplace insert in living room
Bedrooms
Two bedrooms with at least one on the ground floor; ground-floor bedroom present
Bathrooms
Two full bathrooms
Shower over tub and stall shower with tile finishes; at least one full bath on the ground floor
Kitchen
Granite countertops
Laundry & utility
Washer and dryer in garage
Laundry located in garage
Flooring
Tile
Vinyl/linoleum
Heating & cooling
Forced air heating
Fireplace provides additional heat
Exterior features
Backyard
Fenced yard
Balcony or patio
Courtyard
Neighborhood and garden/greenbelt views
Community pool/spa (community facility)
Home design
Contemporary-style condominium
Property faces east
Unit faces a common area
Raised foundation
Parking
Attached garage (1 car)
Common parking area
Two parking spaces total
Construction
Composition roof
Utilities
Public water
Public sewer
Public utilities
HOA & community
HOA present (Terra Vista HOA Management)
HOA fee includes exterior maintenance, common area maintenance, common area electricity, insurance for common areas, and pools/spa/tennis
HOA fee $564 monthly
Other
Condominium ownership
No age restrictions; pets allowed with some restrictions
Unit is in a complex of at least 86 units and is a single-story unit within the building
Electricity and solar
View estimated energy costs and solar savings for this home
Carmel living at an exceptional value! Tucked away on a quiet cul-de-sac in the desirable Riverwood complex, this beautifully updated single-story condo offers an unbeatable location just minutes from the Crossroads, the Barnyard, Highway 1, and Carmel-by-the-Sea. Enjoy easy access to Big Sur, Pebble Beach, and Monterey, while still coming home to a peaceful setting. The complex has no age restriction, and this unit features an attached one-car garage. Thoughtful improvements include a new electrical panel, fireplace with marble surround, refreshed kitchen with new flooring and appliances, fully renovated bathrooms, and updated primary bedroom flooring and closet doors. The sellers purchased the home for $849,000 in 2023 and have since invested substantially in updates and maintenance. They are now offering it at the same $849,000 price they paid three years ago. What a value!
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81032059
Aug 31, 2026
Listing Removed
—
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81986408
Aug 31, 2026
Listing Removed
—
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML89801633
Mar 29, 2025
Listing Removed
—
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81992926
Apr 9, 2025
Listing Removed
—
Mar 20, 2025
Listed
*
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81876358
Mar 16, 2022
Sold
$849,000
$851/sq ft
Mar 16, 2022
Sold
$849,000
$851/sq ft
Feb 10, 2022
Pending
—
Jan 31, 2022
Listed
$849,000
$851/sq ft
Jan 31, 2022
Listed
$849,000
$851/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81777408