The coastline near Carmel-by-the-Sea feels like both an oceanfront wonderland and mountain escape. In Carmel, you can enjoy life at a slower pace, without overpopulated neighborhoods, roads, or amenities. The relaxed lifestyle of Carmel attracts affluent residents, tourists, and a vibrant community of artists and galleries. The Carmel River flows from the Santa Lucia Mountains to Carmel, and the famous Pebble Beach Golf Course calls the Carmel coastline home. Point Lobos National Park is also nearby—a large, rare stretch of headlands, tide pools, and forest.
Homes for sale in Carmel have increased in price 12% over the last year. They’re selling almost twice as fast as last year, with some homes selling for 1-2% over list price. While the Carmel real estate market is still definitely a seller’s market, it isn’t as competitive as many other Californian residential markets. This is good news if you’re looking for investment property, a second home, or a primary home in the area. With interest rates reaching historic lows, now may be the time to take advantage of the Carmel area’s real estate market.
Below are the six best Carmel coast communities for real estate investors to research with the help of a local realtor.
Del Mesa Carmel
Del Mesa Carmel is a gated community with 289 condominiums catering to a retired lifestyle. Carmel Valley condos are available in six different floor plans starting at 1,000 square feet for one-bedroom units. Two-bedroom units are up to 1,600 square feet with two bathrooms. Residents can enjoy their own personal garden plot to grow fruits, vegetables, and flowers. Del Mesa Carmel also has a putting green and a full-sized lawn bowling green. Residents—whether they’re playing or not—enjoy the camaraderie and competition of the common areas. The fitness center has a large pool and spa, and there’s a full-sized art center available for residents and guests. Walking trails connect to Del Mesa Carmel with Jack’s Peak Park and Roach Canyon Park, providing miles of gorgeous trails to explore.
Hacienda Carmel Community Association
Carmel Valley Ranch
Located on the sunny side of the Monterey Peninsula, Carmel Valley Ranch is one of the top resorts in Northern California and includes three condominium complexes. The ranch provides opportunities to ride horses, mingle with animals, and tend honeybees. The community has a vineyard and organic garden that are beautiful places for a daily walk, as well as an 18-hole golf course for residents and travelers staying at the resort. They recently opened The Market & Creamery, with two interactive culinary spaces. Carmel Valley Ranch condos have access to their own pool and fitness center in each of the condo complexes on the ranch.
Downtown Carmel Valley condos
The condominiums at Carmel Chambers are recently updated and offer an elevator, parking garage, and storage. The residencies are two-bedroom, two-bathroom units with 1,285-1,535 square feet.
Del Mission Court is in the heart of downtown at Mission and Third Street, where you can walk anywhere in Carmel with ease. Their twelve, one-bedroom units include underground parking and a laundry room.
Pine Terrace occupies the same area on Mission and Third Street. They have nineteen condos with garages, a fireplace, and balconies. Sizes start at 822 square feet for some one-bedroom units and go up to 1,400 square feet for some two-bedroom, two-bath units.
Shopping homes for sale in Carmel?
Recommended Reading: What to Know Before Moving to a Carmel Coast Community