12253 Carmel Vista Road
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12253 Carmel Vista Road #285

D

Carmel Valley, CA 92130

$679,000

Soft Appraisal Value: $666,200 · 1.9% above estimate

Beds

1

Baths

1

Sqft

951

Year Built

1985

Days on Market

56

Property Type

Condo

HOA/mo

$599

MLS ID

NDP2602121

This property is in Carmel Valley (92130). View neighborhood stats →

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About This Property

Premium location in The Lakes in Carmel Valley, overlooking peaceful, shimmering ponds—this beautifully remodeled upper-level condo is truly move-in ready. Price improvement of over $10,000!! Step inside to discover a bright and airy floorplan featuring 1 spacious bedroom and 1 fully remodeled bathroom with designer tilework, modern fixtures, and a private entry from the bedroom with mirrored closet doors. An expansive open loft adds incredible versatility—perfect as a second bedroom, home office, creative space, or playroom—with the bonus of extra attic storage. Soaring high ceilings, two skylights, and tile flooring throughout create a light and contemporary feel. The inviting living room offers a warm fireplace and opens seamlessly to the dining area and remodeled kitchen, complete with granite countertops, stainless steel appliances, custom cabinetry, and a separate wine refrigerator. A refrigerator, washer, and dryer are also included (without warranties). Enjoy your morning coffee or unwind in the evening on the lovely, covered porch, where tranquil pond views set the tone for relaxation. The private laundry closet is conveniently located just off the balcony. Additional highlights include: • Ample closet space • Reserved covered carport with extra storage • Beautifully landscaped community with mature trees maintained by the HOA The Lakes community offers an impressive array of amenities: • Newly resurfaced Tennis and Pickleball courts • Swimming pool and spa • Serene lagoons and lakes • Barbecue area • Community room • Plenty of guest parking Photos with furniture are an example of how the home was furnished by owner and give a sense of the spaciousness of this condo!

Mortgage Calculator

Est. Monthly Payment

$4,909

Principal & Interest$3,433
Property Tax$679
Insurance$198
HOA$599
%($135,800)
%

Location

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Investment Score

20D
Est. Monthly Rent
$2,838
Monthly Cashflow

Rent − PITIA

$-2,071
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,290

Mortgage (P+I)
$3,433
Cap Rate
0.25%
Cash-on-Cash
-29.07%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$7,111

NOI (Annual)
$1,721
Price-to-Rent

Lower = better for investors

19.9

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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