OFF MARKET

Off Market Jun 2019 for $714K

$976,776

Est. refi paymentEst. refi $4,717/mo

•

1,363

sq ft

4000 Rio Rd #40, Carmel, CA 93923

About this home

Lovely renovated condo in the desirable Riverwood Community, this two-story end-unit home has two bedrooms, a loft/family room that can easily be converted to a third bedroom, two and a half baths, attached garage, courtyard and deck. A chefs delight, the kitchen has new stainless steel appliances, 6 burner gas stove, granite counters, new cabinets and tile backsplash. There are new hardwood floors and carpet. The living room has a remote controlled gas fireplace and adjustable lighting fixtures. There are also new interior and exterior doors, new roof and new patio pavers on courtyard and deck. The back deck features a fountain and BBQ. This home has some of the best views in the complex, across lush green lawns, swimming pool, and over to the mountains. Easy access to trails, shops, restaurants, wine tasting and activities at the Barnyard, and Carmel Crossroads. The complex allows two domestic pets and is in the Carmel school District.

CondoProperty Type

1973Year Built

1,096 sq ftLot Size

$717Est. Price/Sq.Ft.

1 car garageParking

Listed by Jeannie Fromm •DRE #01348162 • Sotheby’s International Realty

Contact: 831-277-3371

Bought with Matthew Velasquez •DRE #01968946 • Intero Real Estate Services

Redfin checked: a minute ago

•Source:MLSListings #ML81734401

Redfin Estimate

$976,776

$263K since sold in June 2019$20K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.2% lower than the average sale price ($1.08M) 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 AUG 5, 2026
$1,060,000
B
2 beds2 baths1,040 sq ft
4000 Rio Rd #49, Carmel, CA 93923
SOLD MAY 4, 2026
$925,000
C
2 beds2 baths1,420 sq ft
3600 High Meadow Dr #9, Carmel, CA 93923
SOLD JUN 8, 2026
$1,180,000
D
2 beds2 baths1,040 sq ft
4000 Rio Rd #9, Carmel, CA 93923
SOLD MAR 12, 2026
$1,150,000
E
2 beds2 baths1,559 sq ft
7026 Valley Greens Cir #20, Carmel, CA 93923
SOLD JUL 2, 2026
$1,255,000
F
2 beds2 baths1,327 sq ft
7026 Valley Greens Cir #17, Carmel, CA 93923

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Sell

$438,179

Est. take-home

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Refinance

Est. cash available

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Rent

$2,532/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 4000 Rio Rd #40

Date

Event

Price

MLSListings #ML81734401

Jun 5, 2019

Sold

$714,000

$524/sq ft

May 24, 2019

Pending

—

May 10, 2019

Contingent

—

Mar 13, 2019

Relisted

—

Feb 25, 2019

Contingent

—

Jan 7, 2019

Listed

$738,000

$541/sq ft

MLSListings #ML81311680

May 29, 2013

Sold

$400,000

$293/sq ft

May 6, 2013

Pending

—

May 3, 2013

Relisted

—

May 2, 2013

Pending

—

Apr 24, 2013

Price Changed

$399,000

$293/sq ft

Apr 11, 2013

Listed

$425,000

$312/sq ft

Public Records

Aug 15, 1979

Sold

$120,000

$88/sq ft

Public Records

Aug 7, 1978

Sold

$94,000

$69/sq ft

Public Records

Aug 25, 1975

Sold

$52,500

$39/sq ft

Public Records

May 17, 1974

Sold

$47,500

$35/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$9,402 (+2.6%)

$341,347 + $471,058

$812,405

2024

$9,162

$334,654 + $461,822

$796,476

2023

$9,153 (+2.4%)

$328,093 + $452,767

$780,860

2022

$8,941 (+2.4%)

$321,660 + $443,890

$765,550

2021

$8,735 (+2.2%)

$315,353 + $435,187

$750,540

2020

$8,544 (+53.9%)

$309,170 + $426,654

$735,824

2019

$5,551 (+2.6%)

$306,000 + $422,280

$728,280

2018

$5,409 (+3.0%)

$220,780 + $220,780

$441,560

2017

$5,251 (+3.2%)

$212,207 + $212,207

$424,414

2016

$5,087 (+1.9%)

$212,207 + $212,207

$424,414

2015

$4,992 (+2.2%)

$208,047 + $208,047

$416,094

2014

$4,886 (+71.4%)

$200,908 + $200,908

$401,816

2013

$2,851 (+2.8%)

$200,908 + $200,908

$401,816

2012

$2,773 (+3.8%)

$36,759 + $179,578

$216,337

2011

$2,671 (+1.5%)

$36,039 + $176,057

$212,096

2010

$2,631 (+0.4%)

$35,333 + $172,605

$207,938

2009

$2,621 (+2.6%)

$35,069 + $171,315

$206,384

2008

$2,554

$35,153 + $171,722

$206,875

Tax history for 4000 Rio Rd #40

Year

Property tax

Land + Additions

Assessment*

2025

$9,402 (+2.6%)

$341,347 + $471,058

$812,405

2024

$9,162

$334,654 + $461,822

$796,476

2023

$9,153 (+2.4%)

$328,093 + $452,767

$780,860

2022

$8,941 (+2.4%)

$321,660 + $443,890

$765,550

2021

$8,735 (+2.2%)

$315,353 + $435,187

$750,540

2020

$8,544 (+53.9%)

$309,170 + $426,654

$735,824

2019

$5,551 (+2.6%)

$306,000 + $422,280

$728,280

2018

$5,409 (+3.0%)

$220,780 + $220,780

$441,560

2017

$5,251 (+3.2%)

$212,207 + $212,207

$424,414

2016

$5,087 (+1.9%)

$212,207 + $212,207

$424,414

2015

$4,992 (+2.2%)

$208,047 + $208,047

$416,094

2014

$4,886 (+71.4%)

$200,908 + $200,908

$401,816

2013

$2,851 (+2.8%)

$200,908 + $200,908

$401,816

2012

$2,773 (+3.8%)

$36,759 + $179,578

$216,337

2011

$2,671 (+1.5%)

$36,039 + $176,057

$212,096

2010

$2,631 (+0.4%)

$35,333 + $172,605

$207,938

2009

$2,621 (+2.6%)

$35,069 + $171,315

$206,384

2008

$2,554

$35,153 + $171,722

$206,875

*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

—

Year renovated

1973

Sq. Ft.

1,363

Year built

1973

Style

Condo/Co-op

County

Monterey County

APN

015541040000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

Property details

Parking

Parking Information
Garage (Minimum): 1
Garage (Maximum): 1
Parking Description: Attached Garage
Garage Spaces: 1

Interior

Bedroom Information
# of Bedrooms (Minimum): 2
# of Bedrooms (Maximum): 2

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
Bathroom Description: Dual Flush Toilet, Half on Ground Floor, Primary (Stall Shower(s)), Shower Over Tub, Tile

Room Information
Den/Study/Office
Family Room Description: Other (See Remarks)
Dining Room Description: Dining "L"
Kitchen Description: Cooktop (Gas), Countertop (Granite), Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups (Ice Maker), Ice Maker, Microwave, Oven (Gas), Oven (Self Cleaning), Pantry, Refrigerator(s)

Interior Features
Laundry: Electricity Hookup (220V), In Garage
Flooring: Carpet, Hardwood, Laminate, Tile

Fireplace Information
Has Fireplace
Fireplace Description: Gas-Burning, Gas Log, Gas Starter, In Living Room
Fireplaces (Minimum): 1

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

Exterior

Exterior Features
View: Mountains
Fencing: Fenced Back, Fenced Front, Gate, Wood
Roof: Composition
Yard/Grounds: Balcony/Patio, Barbecue Area, Courtyard, Deck, Drought Tolerant Plants, Fenced, Other (See Remarks)

Building Information
Style: Contemporary
Subclass: Condominium
Construction Type: Wood Frame
Pillars/Posts/Piers

Pool Information
Has Pool
Pool Description: Community Facility, Fenced, Heated

Property Features
Amenities: Vaulted Ceiling, Walk-In Closet
Communication: Cable TV
Living Sq. Ft.: 1,363
Security Features: Fire Alarm, Window Bars w/ Quick Release

Property Information
Ownership Type: Condominium Ownership
Property Faces: South
Property Primary ID: 364581
Restrictions: Other (See Remarks)

Lot Information
Lot Acres: 0.0252
Lot Description: Grade (Level)
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: R1

Financial

Tax/Assessment Information
City Transfer Tax: No

Utilities

Utility Information
Energy Features: Double Pane Windows, Low Flow Toilet
Sewer Septic: Sewer (Public)
Utilities: Public Utilities

Water Information
Water: Public

Location

Unit Information
Unit Description: End Unit

Multi-Unit Information
# of Stories: 2
# of Units in Complex (Minimum): 86

HOA Information
Has HOA
Fees Include: Common Area Electricity, Common Area Gas, Insurance (Common Area), Insurance (Structure), Landscaping/Gardening, Maintenance (Common Area), Maintenance (Road), Pools, Spa, or Tennis, Roof
HOA Documents: Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
HOA Fee: $440
HOA Name: Riverwood Community Association

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

Location Information
Rio Road West. Right on or at Riverwood.

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 1,363
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1973
Year Renovated: 1973
County: Monterey County
APN: 015541040000

Home facts updated by county records on Sep 8, 2026

About this building

1 for sale

4000 Rio Rd, Carmel, CA 93923

See photos & sale trends

Photo via 4000 Rio Rd #27

Units for sale


26	$849,000	2 beds	2 baths	998 sq ft

Around this home

Schools

Carmel River Elementary School

Public K-5 • Assigned • 1.2mi

9/10

Carmel Middle School

Public 6-8 • Assigned • 0.5mi

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

3/10 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, 22 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

$928,000 – $1.12M

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Home values near 4000 Rio Rd #40

Data from public records.

Address	Redfin Estimate
4000 Rio Rd Apt 86, Carmel, CA 2 Beds \| 2 Baths \| 1040 Sq. Ft.	$909,827
4000 Rio Rd Apt 79, Carmel, CA 2 Beds \| 2.5 Baths \| 1363 Sq. Ft.	$1,004,610

Address	Redfin Estimate
4000 Rio Rd Apt 82, Carmel, CA 2 Beds \| 2.5 Baths \| - Sq. Ft.	$1,128,294
4000 Rio Rd Apt 75, Carmel, CA 2 Beds \| 2.5 Baths \| 1363 Sq. Ft.	$962,739

Address	Redfin Estimate
4000 Rio Rd Apt 80, Carmel, CA 3 Beds \| 2.5 Baths \| 1363 Sq. Ft.	$1,015,099
4000 Rio Rd Apt 62, Carmel, CA 2 Beds \| 2 Baths \| 1040 Sq. Ft.	$940,459

Property information provided by MLSListings when last listed in 2019. This data may not match . Learn more.

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