12253 Carmel Vista Road

12253 Carmel Vista Road

D

Carmel Valley, CA 92130

$689,950

Soft Appraisal Value: $675,300 · 2.2% above estimate

Beds

1

Baths

1

Sqft

951

Year Built

1985

Days on Market

11

Property Type

Condo

HOA/mo

$599

MLS ID

NDP2602121

Description

Premium location in The Lakes in Carmel Valley, overlooking peaceful, shimmering ponds—this beautifully remodeled upper-level condo is truly move-in ready. 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

$4,979

Principal & Interest$3,489
Property Tax$690
Insurance$201
HOA$599
%($137,990)
%

Investment Score

0D
Est. Monthly Rent
$2,661
Monthly Cashflow

Rent − PITI − HOA

$-2,318
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,505

Mortgage (P+I)
$3,489
Cap Rate
-0.03%
Cash-on-Cash
-20.16%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$4,979

NOI (Annual)
$-191
Price-to-Rent

Lower = better for investors

21.6

* 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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