Carmel living at an exceptional value! Tucked away on a quiet cul-de-sac in the desirable Riverwood complex, this beautifully updated single-story condo offers an unbeatable location just minutes from the Crossroads, the Barnyard, Highway 1, and Carmel-by-the-Sea. Enjoy easy access to Big Sur, Pebble Beach, and Monterey, while still coming home to a peaceful setting. The complex has no age restriction, and this unit features an attached one-car garage. Thoughtful improvements include a new electrical panel, fireplace with marble surround, refreshed kitchen with new flooring, refrigerator, stove and garbage disposal, fully renovated bathrooms, and updated primary bedroom flooring and closet doors. The sellers purchased the home for $849,000 in 2022 and have since invested substantially in updates and maintenance. They are now offering it at the same $849,000 price. Note: The sellers just found out per a recent home inspection that there are some advised foundation corrections. The sellers are in the process of getting an estimate and the HOA is aware. Please review the most recent home inspection from 9/10/26 before asking for a showing.
For sale
$849,000
4000 Rio Rd APT 26, Carmel, CA 93923
2beds
998sqft
Condominium, Residential
Built in 1973
-- sqft lot
$822,800 Zestimate®
$851/sqft
$564/mo HOA
What's special
- 8 days
- 688
- 19
Zillow last checked:
Listing updated:
Listed by:
Ashley Ortiz-lawrence 02202708 831-220-5186,
KW Coastal Estates 831-622-6200
Source: MLSListings Inc,MLS#: ML82059607
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Features: GroundFloorBedroom, BedroomonGroundFloor2plus
Bathroom
- Features: ShoweroverTub1, StallShower, Tile, FullonGroundFloor
Dining room
- Features: DiningFamilyCombo
Family room
- Features: Other
Kitchen
- Features: Countertop_Granite
Heating
- Fireplace(s), Forced Air
Cooling
- None
Appliances
- Included: Washer/Dryer
- Laundry: In Garage
Features
- High Ceilings
- Flooring: Tile, Vinyl Linoleum
- Number of fireplaces: 1
- Fireplace features: Insert, Living Room
Interior area
- Total structure area: 998
- Total interior livable area: 998 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Common
- Attached garage spaces: 1
Features
- Stories: 1
- Patio & porch: Balcony/Patio
- Exterior features: Back Yard, Fenced, Courtyard
- Pool features: Community
- Has view: Yes
- View description: Garden/Greenbelt
Lot
- Size: 1,664 Square Feet
Details
- Parcel number: 015541026000
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium, Residential
Materials
- Foundation: Raised
- Roof: Composition
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $564 monthly
Location
- Region: Carmel
Financial & listing details
- Price per square foot: $851/sqft
- Tax assessed value: $918,982
- Date on market: 9/3/2026
- Listing agreement: ExclusiveRightToSell
Estimated market value
$822,800
$782,000 - $864,000
$3,502/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $849,000$851/sqft |
Source:  MLSListings Inc #ML82059607 Report a problem | ||
| 9/8/2026 | Contingent | $849,000$851/sqft |
Source: MLSListings Inc #ML82059607 Report a problem | ||
| 9/3/2026 | Listed for sale | $849,000$851/sqft |
Source: MLSListings Inc #ML82059607 Report a problem | ||
| 3/16/2022 | Sold | $849,000$851/sqft |
Source:  MLSListings Inc #ML81876358 Report a problem | ||
| 2/1/2022 | Listed for sale | $849,000+23%$851/sqft |
Source: MLSListings Inc #ML81876358 Report a problem | ||
| 2/4/2020 | Sold | $690,000-1.1%$691/sqft |
Source: MLSListings Inc #ML81777408 Report a problem | ||
| 1/4/2020 | Pending sale | $698,000$699/sqft |
Source: Sotheby's Int'l Realty-Rancho #ML81777408 Report a problem | ||
| 12/20/2019 | Listed for sale | $698,000$699/sqft |
Source: Sotheby's Int'l Realty-Rancho #ML81777408 Report a problem | ||
| 12/17/2019 | Pending sale | $698,000$699/sqft |
Source: Sotheby's Int'l Realty-Rancho #ML81777408 Report a problem | ||
| 12/16/2019 | Listed for sale | $698,000+9.9%$699/sqft |
Source: Sotheby's Int'l Realty-Rancho #ML81777408 Report a problem | ||
| 3/5/2019 | Sold | $635,000-2.2%$636/sqft |
Source: MLSListings Inc #ML81731250 Report a problem | ||
| 1/20/2019 | Pending sale | $649,000$650/sqft |
Source: Douglas Elliman #ML81731250 Report a problem | ||
| 12/3/2018 | Price change | $649,000-3%$650/sqft |
Source: Douglas Elliman #ML81731250 Report a problem | ||
| 11/15/2018 | Listed for sale | $669,000+105.8%$670/sqft |
Source: Douglas Elliman of California, Inc. #ML81731250 Report a problem | ||
| 5/12/2011 | Sold | $325,000+14.1%$326/sqft |
Source: Public Record Report a problem | ||
| 2/6/2011 | Listed for sale | $284,900-13%$285/sqft |
Source: Atlantic & Pacific Real Estate #81105012 Report a problem | ||
| 1/13/2011 | Sold | $327,514-18.1%$328/sqft |
Source: Public Record Report a problem | ||
| 6/28/2010 | Listing removed | $400,000$401/sqft |
Source: Owner Report a problem | ||
| 6/17/2010 | Price change | $400,000-10.1%$401/sqft |
Source: Owner Report a problem | ||
| 4/26/2010 | Listed for sale | $445,000$446/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $918,982 +2% |
| 2025 | $10,495 +2.7% | $900,964 +2% |
| 2024 | $10,223 +0.1% | $883,299 +2% |
| 2023 | $10,209 +21.4% | $865,980 +21.8% |
| 2022 | $8,411 +1.9% | $711,089 +2% |
| 2021 | $8,256 +8.1% | $697,147 +7.6% |
| 2020 | $7,637 +57.7% | $647,700 +73.5% |
| 2019 | $4,844 +2.7% | $373,258 +2% |
| 2018 | $4,715 +3.1% | $365,941 +2% |
| 2017 | $4,571 +3.5% | $358,767 +2% |
| 2016 | $4,418 +4.4% | $351,733 +1.5% |
| 2015 | $4,234 | $346,450 +2% |
| 2014 | $4,234 | $339,664 +2.5% |
| 2012 | -- | $331,500 +320.9% |
| 2011 | -- | $78,756 +0.8% |
| 2010 | -- | $78,169 -0.2% |
| 2009 | -- | $78,355 +2% |
| 2008 | -- | $76,820 +2% |
| 2007 | -- | $75,315 +2% |
| 2006 | -- | $73,839 +2% |
| 2005 | -- | $72,392 +2% |
| 2004 | -- | $70,973 +1.9% |
| 2003 | -- | $69,673 +2% |
| 2002 | -- | $68,308 +2% |
| 2001 | $1,012 | $66,970 +2% |
| 2000 | -- | $65,657 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 93923
Nearby schools
Schools provided by the listing agent
- District: CarmelUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $1,025,0002 bd2 ba1.4k sqft154 Del Mesa Carmel, Carmel, CA 93923For Sale
MLS ID #ML82059792, Laura Ciucci. MLSListings Inc - $985,0002 bd2 ba1.1k sqft201 Hacienda Carmel, Carmel, CA 93923For Sale
MLS ID #ML82058240, Strock Team. MLSListings Inc - $895,0002 bd2 ba1.3k sqft24501 Via Mar Monte APT 61, Carmel, CA 93923For Sale
MLS ID #ML82053436, Audrey Wardwell. MLSListings Inc - $925,0002 bd2 ba1.3k sqft24501 Via Mar Monte APT 77, Carmel, CA 93923For Sale
MLS ID #ML82052896, BambacePetersonTeam. MLSListings Inc
Local buyer's agents are ready to help
