OFF MARKET

Off Market Oct 2016 for $606K

$907,608

Est. refi paymentEst. refi $3,141/mo

•

1,040

sq ft

4000 Rio Rd #48, Carmel, CA 93923

About this home

Newly remodeled and perfectly tucked away from the hustle-and-bustle, yet still just a few minutes from Highway 1. Desirable single-story two bed/two bath with attached garage, indoor laundry, and walk-in closet in Riverwood Complex. The lush patio with extra dining space and common areas make it great for entertaining. Sliding doors in both bedrooms and dining room that give multi-access to patio for all. Close distance to shopping, restaurants, and post office. This is a must see!

CondoProperty Type

1973Year Built

1,811 sq ftLot Size

$873Est. Price/Sq.Ft.

1 car garageParking

Listed by Sandra Schirmer •DRE #01419062 • Sotheby’s International Realty

Listed by Gregory Schirmer •DRE #01993468 • Sotheby’s International Realty

Contact: 831-869-2424

Bought with Lucie Campos •DRE #01345594 • Coldwell Banker Realty

Redfin checked: 3 minutes ago

•Source:MLSListings #ML81613798

Redfin Estimate

$907,608

$302K since sold in October 2016$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.9% lower than the average sale price ($1.07M) of 6 comparable homes.

SOLD AUG 5, 2026
$1,060,000
A
2 beds2 baths1,040 sq ft
4000 Rio Rd #49, Carmel, CA 93923
SOLD JUN 8, 2026
$1,180,000
B
2 beds2 baths1,040 sq ft
4000 Rio Rd #9, Carmel, CA 93923
SOLD APR 28, 2026
$875,000
C
2 beds2 baths1,100 sq ft
209 Hacienda Carmel, Carmel, CA 93923
SOLD AUG 31, 2026
$885,000
D
2 beds2 baths1,411 sq ft
24501 Via Mar Monte #58, Carmel, CA 93923
SOLD DEC 22, 2025
$1,600,000
E
2 beds2 baths1,140 sq ft
0 NE Corner San Carlos & 8th St #1, Carmel-By-The-Sea, CA 93921
SOLD AUG 10, 2026
$799,000
F
2 beds2 baths910 sq ft
262 Hacienda Carmel, Carmel, CA 93923

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Earn from this home

Sell

$477,594

Est. take-home

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Refinance

Est. cash available

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Rent

$2,344/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 #48

Date

Event

Price

SDMLS #301553000

Nov 6, 2019

Listing Removed

—

Jun 7, 2019

Listed

$739,500

$711/sq ft

MLSListings #ML81613798

Oct 18, 2016

Sold

$606,000

$583/sq ft

Sep 14, 2016

Contingent

—

Sep 9, 2016

Listed

$597,500

$575/sq ft

MLSListings #ML81343447

Mar 21, 2014

Pending

—

Mar 18, 2014

Sold

$420,000

$404/sq ft

Jan 31, 2014

Pending

—

Dec 22, 2013

Listed

$429,900

$413/sq ft

Public Records

Oct 20, 1998

Sold

$280,000

$269/sq ft

MLSListings #ML89843205

Oct 21, 1998

Listing Removed

—

Oct 21, 1998

Sold

$280,000

$269/sq ft

Sep 25, 1998

Sold

$280,000

$269/sq ft

Sep 14, 1998

Listed

$285,000

$274/sq ft

Sep 14, 1998

Listed

$285,000

$274/sq ft

Public Records

Apr 11, 1990

Sold

$225,000

$216/sq ft

Public Records

Jul 20, 1977

Sold

$77,000

$74/sq ft

Public Records

Oct 1, 1976

Sold

$57,000

$55/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$8,428 (+2.6%)

$414,325 + $303,048

$717,373

2024

$8,216

$406,201 + $297,106

$703,307

2023

$8,212 (+2.3%)

$398,237 + $291,281

$689,518

2022

$8,030 (+2.5%)

$390,429 + $285,570

$675,999

2021

$7,833 (+2.2%)

$382,774 + $279,971

$662,745

2020

$7,662 (+2.1%)

$375,269 + $274,482

$649,751

2019

$7,508 (+2.4%)

$371,422 + $271,668

$643,090

2018

$7,330 (+2.8%)

$364,140 + $266,342

$630,482

2017

$7,132 (+27.3%)

$350,000 + $256,000

$606,000

2016

$5,603 (+8.1%)

$350,000 + $256,000

$606,000

2015

$5,185 (+2.1%)

$255,840 + $215,434

$471,274

2014

$5,077 (+18.5%)

$200,000 + $220,000

$420,000

2013

$4,285 (+3.8%)

$200,000 + $220,000

$420,000

2012

$4,129 (+3.2%)

$200,000 + $155,000

$355,000

2011

$4,002 (+1.4%)

$156,013 + $193,456

$349,469

2010

$3,948 (+0.1%)

$152,954 + $189,663

$342,617

2009

$3,942 (+2.6%)

$151,811 + $188,246

$340,057

2008

$3,843

$152,172 + $188,694

$340,866

Tax history for 4000 Rio Rd #48

Year

Property tax

Land + Additions

Assessment*

2025

$8,428 (+2.6%)

$414,325 + $303,048

$717,373

2024

$8,216

$406,201 + $297,106

$703,307

2023

$8,212 (+2.3%)

$398,237 + $291,281

$689,518

2022

$8,030 (+2.5%)

$390,429 + $285,570

$675,999

2021

$7,833 (+2.2%)

$382,774 + $279,971

$662,745

2020

$7,662 (+2.1%)

$375,269 + $274,482

$649,751

2019

$7,508 (+2.4%)

$371,422 + $271,668

$643,090

2018

$7,330 (+2.8%)

$364,140 + $266,342

$630,482

2017

$7,132 (+27.3%)

$350,000 + $256,000

$606,000

2016

$5,603 (+8.1%)

$350,000 + $256,000

$606,000

2015

$5,185 (+2.1%)

$255,840 + $215,434

$471,274

2014

$5,077 (+18.5%)

$200,000 + $220,000

$420,000

2013

$4,285 (+3.8%)

$200,000 + $220,000

$420,000

2012

$4,129 (+3.2%)

$200,000 + $155,000

$355,000

2011

$4,002 (+1.4%)

$156,013 + $193,456

$349,469

2010

$3,948 (+0.1%)

$152,954 + $189,663

$342,617

2009

$3,942 (+2.6%)

$151,811 + $188,246

$340,057

2008

$3,843

$152,172 + $188,694

$340,866

*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

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

1973

Sq. Ft.

1,040

Year built

1973

Style

Condo/Co-op

County

Monterey County

APN

015541051000

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, Common Parking Area, Gate/Door Opener, Guest/Visitor Parking, Lighted Parking Area
Garage Spaces: 1

Interior

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

Bathroom Information
# of Baths (Full): 2
Bathroom Description: Shower and Tub, Stall Shower, Tile, Tub, Updated Bath(s)

Room Information
Dining Room Description: Dining Area
Kitchen Description: 220 Volt Outlet, Countertop (Other), Countertop (Solid Surface/ Corian), Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven (Electric), Oven (Self Cleaning), Oven Range (Built-In), Refrigerator(s)

Interior Features
Laundry: Dryer, Hookup (Washer/Dryer), Washer
Flooring: Carpet, Hardwood, Tile, Vinyl/Linoleum

Fireplace Information
Has Fireplace
Fireplace Description: Gas-Burning
Fireplaces (Minimum): 1

Heating & Cooling Information
Heating: Central Forced Air

Exterior

Exterior Features
Fencing: Wood
Roof: Tar and Gravel
Yard/Grounds: Courtyard, Fenced, Sprinkler(s) (Auto), Tennis Court(s)

Building Information
Style: Contemporary
Subclass: Condominium
Construction Type: Wood Frame
Concrete Perimeter, Concrete Perimeter and Slab

Pool Information
Has Pool
Pool Description: Community Facility, Fenced, In-Ground

Property Features
Amenities: High Ceiling, Vaulted Ceiling, Walk-In Closet
Living Sq. Ft.: 1,040

Property Information
Ownership Type: Condominium Ownership
Property Condition: Other (See Remarks)
Property Primary ID: 157448
Restrictions: Age (No Restrictions), Pets (Allowed)

Land Information
Soil: Unknown

Lot Information
Lot Acres: 0.042
Lot Description: Zero Lot Line
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: R-1

Utilities

Utility Information
Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet
Sewer Septic: Community Sewer/Septic
Utilities: Individual Electric Meters, Individual Gas Meters

Water Information
Water: Irrigation Connected, Public

Location

Multi-Unit Information
# of Stories: 1
# of Units in Complex (Minimum): 88

HOA Information
Has HOA
Fees Include: Exterior Painting, Fencing, Garbage, Landscaping/Gardening, Maintenance (Common Area), Maintenance (Exterior), Maintenance (Road), Management Fee, Pools, Spa, or Tennis
HOA Amenities: Community Pool
HOA Fee: $377
HOA Name: Riverwood Community Association
HOA Primary Phone: 831-758-2855

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

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,040
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1973
Year Renovated: 1973
County: Monterey County
APN: 015541051000

Home facts updated by county records on Sep 8, 2026

Other

Miscellaneous Information
Incorporated: Yes

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

$863,000 – $1.04M

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EARLY ACCESSSOTHEBY'S INTERNATIONAL REALTY COMING SOON

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Home values near 4000 Rio Rd #48

Data from public records.

Address	Redfin Estimate
4000 Rio Road Unit 86, Carmel, CA 2 Beds \| 2 Baths \| 1040 Sq. Ft.	$909,827
4000 Rio Road Unit 74, Carmel, CA 3 Beds \| 2.5 Baths \| 1363 Sq. Ft.	$940,759

Address	Redfin Estimate
4000 Rio Road Unit 82, Carmel, CA 2 Beds \| 2.5 Baths \| - Sq. Ft.	$1,128,294
4000 Rio Road Unit 70, Carmel, CA 2 Beds \| 2 Baths \| 1040 Sq. Ft.	$915,709

Address	Redfin Estimate
4000 Rio Road Unit 80, Carmel, CA 3 Beds \| 2.5 Baths \| 1363 Sq. Ft.	$1,015,099
4000 Rio Road Unit 69, Carmel, CA 2 Beds \| 2 Baths \| 1040 Sq. Ft.	$1,097,493

Property information provided by MLSListings when last listed in 2016. This data may not match . Learn more.

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