228 Lower Walden Rd, Carmel, CA 93923
Property image
Property image
FOR SALE
3D VIEW
1.8 ACRES

$6,495,000

Original price: $6,750,000
  • 4 Beds
  • 4.5 Baths
  • 6,502 sqft (on 1.80 acres)

228 Lower Walden Rd, Carmel, CA 93923

Est. Mortgage $40,703/mo*
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Home Highlights

Single-Family Home
Built in 1937
1.8 acre lot
$999/sqft
Garage

Local Information

  • Map ViewExplore the area around 228 Lower Walden Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Offered for the first time in nearly 50 years, this extraordinary ocean view Carmel Highlands estate is a once-in-a-lifetime opportunity for coastal privacy and luxury convenience. Perched above the pristine Spindrift coast, it boasts sweeping, unobstructed whitewater views of Point Lobos and Yankee Point, and the orientation of the house enables views of the sun dropping into the ocean each night of the year. The architectural soul of the home has remained intact, with major renovations done so seamlessly that they feel original. Spanning four levels, the main house is sophisticated and features a sauna, steam shower, theater, and expansive terraces and balconies overlooking lush and mature grounds. Hand-carved limestone fireplaces sourced from Arroyo Seco with French-style cut brick lend warmth and timeless character in the library and living room. 2 flat, usable acres, comprised of two lots of record feature tranquil fountains and a rare, natural spring for the landscaping. A detached, 2-bay garage and private studio offer flexibility for guests or an on-property caretaker. Studded with redwoods and screened by dense hedges, the property provides serenity, security, and privacy. This is not just another house for sale, it is an opportunity to acquire a rare generational legacy
Last check for updates: about 24 hours ago
Listing courtesy of Tim Allen 00891159, (831) 214-1990
Coldwell Banker Realty, (831) 626-2221
Source: MLSListings Inc, MLS#ML82033702

Home Details for 228 Lower Walden Rd

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Dining Room, Family Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 6502 Square Feet
Appliances & Utilities
Utilities: Public Utilities, Water PublicLaundry: Inside
Heating & Cooling
Heating: Central Forced AirHas CoolingAir Conditioning: Central AirHeating Fuel: Central Forced Air
Fireplace & Spa
Number of Fireplaces: 3Fireplace: Family Room, Living Room, Other, Wood BurningSpa: Other
Gas & Electric
Gas: PublicUtilities
Levels, Entrance, & Accessibility
Stories: 3
View
View: Ocean, Water

Exterior Features

Exterior Home Features
Roof: WoodFoundation: Raised, Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 1Number of Covered Spaces: 3Has a CarportHas a GarageParking Spaces: 3Parking: Detached
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1937
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 241202004000

Price & Status

Price
List Price: $6,495,000Price Per Sqft: $999

Active Status

MLS Status: Active

Location

Direction & Address
City: Carmel
School Information
Elementary School District: CarmelUnifiedHigh School District: CarmelUnifiedWalk Score: 1

Agent Information

Listing Agent
Listing ID: ML82033702

Building

Building Area
Building Area: 6502

Lot Information

Lot Area: 1.8 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSell

Miscellaneous

Mls Number: ML82033702Water ViewWater View: Ocean, Water

What Locals Say about Carmel-by-the-Sea

At least 70 Trulia users voted on each feature.
  • 92 % Say it's dog friendly

  • 80 % Say yards are well-kept

  • 75 % Say car is needed

  • 74 % Say it's quiet

  • 74 % Say they plan to stay for at least 5 years

  • 73 % Say it's walkable to restaurants

  • 73 % Say there's holiday spirit

  • 73 % Say people would walk alone at night

  • 64 % Say parking is easy

  • 63 % Say there's wildlife

  • 56 % Say neighbors are friendly

  • 55 % Say it's walkable to grocery stores

  • 36 % Say there are community events

  • 33 % Say kids play outside

  • 23 % Say there are sidewalks

  • 14 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "People walking their dogs all the time. Always on leashes and pick up after them. Some homeowners share water and treats "
  • Davevazz516
    "Carmel by the sea is a beautiful community. People are generally friendly. I wish there was a bit more "
  • Danielle N.
    "Wonderful community to raise children. There is plenty of outdoor activities and amazing school that really care about your children."
  • Dbprime
    "Love the area. The center of everything from a location standpoint. There is zero crime and Nieghbor’s watch out for each other. "
  • Adrianne W.
    "Carmel is extremely dog friendly and most people living here have a dog. Many stores and restaurants allows dogs inside their shop or on their patio. "
  • Steven M.
    "Carmel is a wonderful, safe, affluent town that locates in the coast. I enjoy visiting there as a hospitality. "
  • Mark
    "We attended a neighborhood party which was given so neighbors would get to know each other. The party was well attended. We keep in toy with a few neighbors that we met. "
  • Mary E. R.
    "My neighborhood is incredibly safe, and everyone maintains their homes beautifully. There are a lot of second homes but the neighbors that are here year round know each other well!"
  • Rosa G.
    "The school here,keep the community working together for are kids for the next generation. I like this so much, it make a strong community "
  • Rosa G.
    "I live for a 10 years, the people is friendly and the community work tougher to be a safe place to live. "
  • W_willford
    "It is ok. There are a few bus stops.i never used them. I would drive between 7 miles and 100 miles each way to work. I drove a 1999 Toyota."
  • Adrianne W.
    "We are able to walk all over town right from our house. We enjoy close access to shopping, restaurants, theaters and more! Carmel By the Sea is a wonderful city!"
  • M_vanderkarr
    "5 min drive to office with minimum of traffic. School bus may delay 2-5 min. Community isn’t big enough to have major traffic issues. "
  • Tammie K.
    "There aren’t a lot of families living here full time. Most homes are vacation homes for second home owners or are rented as vacation homes on a monthly basis."
  • Carollewis5
    "No commute. Retired. I am glad there is respect for pedestrians here. I walk a lot. It is a great walking community. "
  • Carollewis5
    "Lovely small homes. Walking community. Beach. Lots of trees. Great weather and wonderful hikes nearby. Yoga center and art gallleries. "
  • Shelley_nance
    "It’s quite the neighbors are friendly but keep to themselves you see things you won’t see in most neighborhoods"
  • Itsmandab
    "There are wild animals that walk freely in the area. it's usually really dark at night since there aren't many street lights, so you need a flash light. it's a beautiful, pet friendly area. "
  • Surspa
    "It is the first neighborhood I’ve ever lived in that every neighbor keeps to themselves! No one comes out to say hello—they just scurry into the house, avoid eye contact when smiled at in close proximity, & they peek at anyone outdoors as if they are a zombie looking for your next victim... very peculiar, when FUN is a crime, & silent ghost street is what it feels like to go out for a walk. Eerie"
  • Terrencehack77
    "I drive It’s not burdensome I enjoy driving to work. The traffic is relatively light in the morning "
  • Surspa
    "Carmel Woods is set high enough above sea level that I can see peeks of the ocean at carmel beach. The trees are hundreds of feet TALL, & pruned to be bare, stripped of mud-length branches—prehistoric in appearance. The neighbors are all isolated and hardly social. I have never gotten beyond small talk in the 3 yrs of living here. Pollen is extremely allergenic, even in me, who is not allergic. Quiet street, to a fault. "
  • Lunabluclothing
    "I love the valley it’s always sunny it’s in nature and not too close to town but still not too far away friendly people enough privacy"
  • pat d.
    "I have family who lived in this area. Always beautiful, quiet and perfect for golfers."

Market trends in Carmel-by-the-Sea

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$2.46M
$218K
MoM
Sale-to-List Price
—
Price per sq ft
$1.4K
$84
MoM
Available listings
134
8
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.41
Single-Family Home
$11,500,000
10/03/25
5
5.5
5,836
0.36
Single-Family Home
$4,395,000
05/18/26
3
4
2,910
0.38
Single-Family Home
$2,765,000
01/12/26
3
2.5
2,461
0.36
Single-Family Home
$2,750,000
10/20/25
4
3.5
3,437
0.36
Single-Family Home
$4,000,000
11/03/25
4
4.5
3,170
0.29
Single-Family Home
$2,150,000
02/05/26
3
3
2,560
0.83
Single-Family Home
$1,700,000
10/17/25
3
3
2,213

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.09
$5,880,000
4
4.5
2,785
For Sale
0.10
$3,100,000
-
-
-
Recently Sold
0.08
$3,522,600
4
4
3,553
Off Market
0.10
$4,024,100
3
2
1,785
Off Market
0.14
$19,675,000
2
2.5
2,450
For Sale
0.18
$6,137,000
4
4.5
4,730
Off Market
0.17
$2,450,000
-
-
-
For Sale
0.19
$4,773,400
3
3
3,011
Off Market
0.18
$5,430,400
5
5
4,010
Off Market
0.24
$4,040,800
5
3.5
3,435
Off Market
0.23
$6,241,900
4
4.5
4,371
Off Market

Price and Tax history

DateEventPrice
Sep 11, 2026
Source: MLSListings Inc #ML82033702
PriceChange
$6,495,000
Price decreased by 4%
Aug 7, 2026
Source: MLSListings Inc #ML82033702
PriceChange
$6,750,000
Price decreased by 3%
Feb 4, 2026
Source: MLSListings Inc #ML82033702
Listed For Sale
$6,950,000
Sep 1, 2019
Source: Agent Provided
ListingRemoved
$2,000
Aug 16, 2019
Source: Agent Provided
Listed For Rent
$2,000

LGBTQ Local Legal Protections

Tim Allen, Coldwell Banker Realty, (831) 626-2221
Agent Phone: (831) 214-1990
Based on information from the MLSListings MLS as of 2026-09-21 09:26:57 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Frequently asked questions about 228 Lower Walden Rd

  • What is the estimated monthly payment for 228 Lower Walden Rd?
    Based on a $6,495,000 list price with 20% down at today's rates, the estimated monthly payment for 228 Lower Walden Rd in Carmel, CA is approximately $40,888 (about $34,859 principal & interest, $5,954 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 228 Lower Walden Rd compare to homes in Carmel?
    228 Lower Walden Rd in Carmel, CA is listed at $6,495,000, about 164% above the $2.46M median sale price in Carmel.
  • What do residents say about Carmel?
    Residents describe Carmel, CA as dog-friendly, well-kept, and quiet. Most residents say you need a car. See homes for sale in Carmel, CA.
  • What are the closest schools to 228 Lower Walden Rd?
    The closest schools to 228 Lower Walden Rd in Carmel, CA are Carmel High School (rated 10/10), Carmel Middle School (rated 7/10), Carmel River Elementary School (rated 9/10).
  • Does 228 Lower Walden Rd have air conditioning?
    Yes, 228 Lower Walden Rd in Carmel, CA has air conditioning.
  • Does 228 Lower Walden Rd have laundry facilities?
    Yes, 228 Lower Walden Rd in Carmel, CA has laundry facilities.
228 Lower Walden Rd, Carmel, CA 93923 is a 4 bedroom, 5 bathroom, 6,502 sqft single-family home built in 1937. This property is currently available for sale and was listed by MLSListings Inc on Feb 4, 2026. The MLS # for this home is MLS# ML82033702.