5481 Covey Ct, Carmel, CA 93923
Property image
Property image
OFF MARKET

$9,094,300

Trulia Estimate
  • 6 Beds
  • 5.5 Baths
  • 6,760 sqft (on 3.50 acres)

5481 Covey Ct, Carmel, CA 93923

Est. Refi. Payment $57,747/mo*
Refinance Your Home
Currently Off Market - Sold May 13, 2025 for $7,800,000

Home Value

Trulia Estimate
$9.09M
Since last month
Decreased$383K (-4%)
Since last year
Increased$985K (+12.1%)
Since last sale
Increased$1M (+17%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +98% in the last 10 years
MonthEstimated value
2026
September 2026$9.13M
August 2026$9.51M
July 2026$9.15M
June 2026$9.49M
May 2026$9.54M
April 2026$9.33M
March 2026$9.39M
February 2026$9.33M
January 2026$8.81M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
5441 Quail Meadows Dr, Carmel, CA
0.79
Single-Family Home
$5,675,000
04/10/26
4
4.5
3,944
5700 Carmel Valley Rd, Carmel, CA
0.75
Single-Family Home
$2,930,000
02/11/26
4
3.5
2,582

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
5473 Quail Meadows Dr, Carmel, CA 93923
0.14
$5,787,800
3
4.5
4,531
Off Market
5496 Quail Meadows Dr, Carmel, CA 93923
0.30
$2,000,000
-
-
-
For Sale
5480 Quail Meadows Dr, Carmel, CA 93923
0.42
$4,251,500
3
3.5
3,522
Off Market
5461 Quail Meadows Dr, Carmel, CA 93923
0.45
$5,488,700
4
3
4,276
Off Market
202 Hacienda Carmel, Carmel, CA 93923
0.43
$867,100
2
2
1,161
Off Market
209 Hacienda Carmel, Carmel, CA 93923
0.43
$875,000
2
2
1,100
Recently Sold
207 Hacienda Carmel, Carmel, CA 93923
0.45
$969,000
2
2
910
Recently Sold
184 Hacienda Carmel, Carmel, CA 93923
0.45
$832,800
2
2
910
Off Market
196 Hacienda Carmel, Carmel, CA 93923
0.45
$503,500
Studio
1
515
Off Market
192 Hacienda Carmel, Carmel, CA 93923
0.46
$800,000
2
2
910
Off Market
222 Hacienda Carmel, Carmel, CA 93923
0.49
$893,900
2
2
910
Off Market

Local Information

  • Map ViewExplore the area around 5481 Covey Ct.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2008
3.5 acre lot
6,760 sqft
$1,345/sqft
Garage
HOA $433/mo

About this House

What's unique:Expansive backyardJerusalem stone courtyardMeandering pathsAntique front entry gateLuxurious primary suiteGorgeous landscaped grounds
Located next to all the amenities at Quail Lodge and nearby clubs at Tehama and Santa Lucia Preserve, this stunning and ultra-private estate was meticulously designed by Hart Howerton with the highest quality and unique pieces sourced from all over the world. Every inch of the property is exceptional, beginning with the antique front entry gate from London, up the olive tree-lined motor court, past the Jerusalem Stone courtyard and reflection pond, and out to the expansive backyard with west-facing views. Highlights include a separate guest house, beautiful radiant heated hickory and Jerusalem stone floors, gourmet kitchen, luxurious primary suite with clawfoot tub, a car lovers dream 3-car garage with ~1,000 SqFt basement/game room and wine cellar, Tesla charger, solar power, and beautiful landscaped grounds with direct access to hiking trails and meandering paths leading to a recessed hot tub, fireplace, and multiple seating areas. Also optional with the property is a highly sought-after Ranch Social and Golf Membership at The Preserve. From sunrises over the Santa Lucias to glorious oceanview sunsets, this extraordinary property enjoys the very best of its prime location, elegant living spaces, and all the amenities of Quail Lodge and the Monterey Peninsula within minutes.
5481 Covey Ct, Carmel, CA 93923 is a 6 bedroom, 6 bathroom, 6,760 sqft single-family home built in 2008. It last sold for $7,800,000 on May 13, 2025 (13% below the $8,995,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $9,094,300.
Last check for updates: about 8 hours ago
Listed by Tim Allen 00891159, (831) 214-1990
Coldwell Banker Realty, (831) 626-2221
Bought with: Tim Allen 00891159, (831) 214-1990, Coldwell Banker Realty, (831) 626-2221
Source: MLSListings Inc, MLS#ML81961426

Home Details for 5481 Covey Ct

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Dining Room, Family Room
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 6760 Square Feet
Appliances & Utilities
Utilities: Public Utilities, Water Public
Heating & Cooling
Heating: RadiantNo CoolingAir Conditioning: NoneHeating Fuel: Radiant
Fireplace & Spa
Number of Fireplaces: 4Fireplace: Family Room, Living Room, Primary Bedroom, Outside
Gas & Electric
Gas: PublicUtilities
View
View: Mountain(s), Ocean

Exterior Features

Exterior Home Features
Roof: TileFoundation: Raised, Slab
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageParking Spaces: 3Parking: Detached
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 157171072000

Price & Status

Price
List Price: $8,995,000

Active Status

MLS Status: Sold

Media

Location

Direction & Address
City: Carmel
School Information
Elementary School District: CarmelUnifiedHigh School District: CarmelUnified

Building

Building Area
Building Area: 6760

HOA

Has an HOAHOA Fee: $1,298/Quarterly

Lot Information

Lot Area: 3.5 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSell

Miscellaneous

Mls Number: ML81961426Water ViewWater View: Ocean

Price and Tax history

DateEventPrice
May 13, 2025
Source: N/A
Sold
$7,800,000
Nov 15, 2024
Source: MLSListings Inc #ML81961426
Sold
$8,000,000
Oct 15, 2024
Source: MLSListings Inc #ML81961426
Pending
$8,995,000
Sep 11, 2024
Source: MLSListings Inc #ML81961426
Contingent
$8,995,000
Jul 27, 2024
Source: MLSListings Inc #ML81961426
PriceChange
$8,995,000
Price decreased by 5%

Market trends in Carmel-by-the-Sea

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

Around this home

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 "
    0
    Flag
  • Davevazz516
    "Carmel by the sea is a beautiful community. People are generally friendly. I wish there was a bit more "
    0
    Flag
  • Danielle N.
    "Wonderful community to raise children. There is plenty of outdoor activities and amazing school that really care about your children."
    0
    Flag
  • Dbprime
    "Love the area. The center of everything from a location standpoint. There is zero crime and Nieghbor’s watch out for each other. "
    0
    Flag
  • 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. "
    0
    Flag
  • Steven M.
    "Carmel is a wonderful, safe, affluent town that locates in the coast. I enjoy visiting there as a hospitality. "
    1
    Flag
  • 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. "
    0
    Flag
  • 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!"
    1
    Flag
  • 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 "
    0
    Flag
  • Rosa G.
    "I live for a 10 years, the people is friendly and the community work tougher to be a safe place to live. "
    1
    Flag
  • 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."
    0
    Flag
  • 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!"
    0
    Flag
  • 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. "
    1
    Flag
  • 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."
    0
    Flag
  • Carollewis5
    "No commute. Retired. I am glad there is respect for pedestrians here. I walk a lot. It is a great walking community. "
    0
    Flag
  • Carollewis5
    "Lovely small homes. Walking community. Beach. Lots of trees. Great weather and wonderful hikes nearby. Yoga center and art gallleries. "
    2
    Flag
  • Shelley_nance
    "It’s quite the neighbors are friendly but keep to themselves you see things you won’t see in most neighborhoods"
    7
    Flag
  • 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. "
    2
    Flag
  • 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"
    3
    Flag
  • Terrencehack77
    "I drive It’s not burdensome I enjoy driving to work. The traffic is relatively light in the morning "
    0
    Flag
  • 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. "
    2
    Flag
  • 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"
    0
    Flag
  • pat d.
    "I have family who lived in this area. Always beautiful, quiet and perfect for golfers."
    0
    Flag

LGBTQ Local Legal Protections

Based on information from the MLSListings MLS as of 2026-09-24 13:02:42 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.

Frequently asked questions about 5481 Covey Ct

  • What is 5481 Covey Ct estimated to be worth?
    Trulia's estimated value for 5481 Covey Ct in Carmel, CA is $9,094,300.
  • What is the price history for 5481 Covey Ct?
    5481 Covey Ct in Carmel, CA last sold for $7,800,000 in May 2025.
  • Is Carmel a buyer's or seller's market?
    Carmel is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Carmel?
    The median sale price in Carmel is $2.46M. That is up $218K from the prior month.
  • How big is the lot at 5481 Covey Ct?
    The lot at 5481 Covey Ct in Carmel, CA is about 3.5 acres.
  • Does 5481 Covey Ct have a garage?
    Yes, 5481 Covey Ct in Carmel, CA has a garage.

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