$1,149,000~~$1,199,000~~▼ $50K price cut

3850 Rio Road #42, Carmel, CA 93923

$1.2M$1.1M$50K below original ask (4%)· reduced Aug 24

Price journey

Aug 24, 2026$1,149,000

One change on record — not enough to draw a trend. We record price moves from when we start tracking a listing, so earlier moves are not in our records.

54% below the Carmel median of $2.5M (111 active listings)

46% of Carmel listings have cut their price · half have been listed 68+ days

2beds

2.5baths

1,520sqft

$756/sqft

About this home

With sweeping views of the tranquil Arroyo Carmel lake as its centerpiece, this beautifully remodeled home offers a truly special living experience. Nearly every detail has been thoughtfully updated, from the light-filled open kitchen with upgraded finishes and sleek design elements to the refreshed dining area and elegant ensuite bedrooms. Large windows and outdoor spaces, including 2 decks and a patio, frame the stunning water views and bring the natural beauty indoors. The two spacious ensuite bedrooms provide comfort and privacy, while the oversized two-car garage adds convenience. A new Composition shingle roof was installed August 2026. Ideally situated near shops, restaurants, and Carmel-by-the-Sea's renowned beaches, this home perfectly blends modern upgrades with serene, lakeside living.