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Carmel, CA

$3,499,000

142 Carmel Riviera Drive, Carmel, CA
4
Beds
4
Baths
4,260
Sq Ft
1961
Built
43
Days listed

About this home

Yankee Point remains one of the most tightly held coastal enclaves on the Monterey Peninsula defined by something nearly impossible to replicate today flat, walkable access to the Pacific, and a handful of homes that live with the ocean rather than above it. Set on nearly half an acre, 142 Carmel Riviera Drive offers over 4,200 square feet with 4 bedrooms, an office, and 3.5 bathrooms within a short walk to the water. South and west facing exposures bring in natural light and ocean views, most notably from the primary suite. Two private coastal access points Otter Cove and Yankee Point Beach are just steps away, reinforcing the property's connection to the shoreline. Substantial water credits, supporting 3.5 bathrooms and a pool. For a buyer willing to modernize and unlock its full potential, this is one of the more compelling value opportunities currently available near this close to the ocean. Minutes from Point Lobos State Natural Reserve and just south of Carmel-by-the-Sea, with the gateway to Big Sur beginning nearby, this property sits at the intersection of privacy, accessibility, and long-term coastal scarcity.

Facts & features

Interior
Bedrooms
4
Bathrooms
3 full, 1 half
Living area
4,260 sq ft
Interior features
Walk In Closets
Appliances
Dishwasher, Microwave, Refrigerator, Range Hood
Flooring
Carpet, Tile, Wood
Fireplace
Family Room, Living Room
Heating
Central
Cooling
None
Spa
In Ground
Exterior & lot
Lot size
0.39 acres (17,000 sq ft)
Pool
Indoor, In Ground
View
Ocean
Architectural style
Traditional
Year built
1961
Parking
Off Street
Parking spaces
4
Community
Area
699 - Not Defined
County
Monterey
Listing details
Status
Active
Property type
Single Family Residence
Days on market
43
Listed
2026-05-17
Original price
$3,699,000
Parcel #
243163004000
MLS #
ML82047633
Listed by
TruszkowskiFreedman · Engel & Volkers Carmel

Location

Price history

Listed
$3,699,000 · 2026-05-17
Price reduced
$3,499,000 (−$200,000)
Days on market
43
Current price
$3,499,000
Financing

Could this home be yours?

Estimated monthly payment
$21,950
$17,693 principal & interest · $4,257 taxes & insurance
$699,800
Estimate only
Loan $2,799,200

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Estimated value range nearby
$6,062,078$7,116,352

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Listing data provided by CRMLS

Listing courtesy of Engel & Volkers Carmel. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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