12376 Carmel Country Rd

12376 Carmel Country Rd

D

Carmel Valley, CA 92130

$849,000

Soft Appraisal Value: $883,000 · 3.9% below estimate

Beds

2

Baths

2

Sqft

1,145

Year Built

2003

Days on Market

61

Property Type

Condo

HOA/mo

$480.35

MLS ID

2601181SD

Description

Location, Location — And So Much More! Rarely does a home check every box, but this ground-level, single-story corner condo in the gated, resort-style Heights community of Carmel Valley comes remarkably close. Located just east of the 5, this home offers the peace of a tucked-away retreat with the convenience of having everything at your doorstep — from a 10-minute drive to the beach to top-rated schools and shopping. Freshly painted and light-filled, the open floor plan is as functional as it is inviting. Two spacious bedrooms, two full baths, and a versatile office — easily convertible to a third bedroom — make it ideal for growing households or those working from home. Upgraded wood flooring flows throughout, while granite countertops, stainless steel appliances, and in-unit laundry add everyday ease. Expansive windows invite the outdoors in, and the private patio surrounded by lush greenery makes indoor-outdoor living a daily pleasure. A detached single-car garage and additional parking space add rare, practical value. Beyond your front door, resort-style amenities await — a pool, spa, fitness center, business center, and a fully equipped clubhouse perfect for entertaining. And the location truly delivers: walkable to top-rated schools, shopping, dining, parks, the rec center, and library, with effortless access to beaches and major freeways. This is move-in-ready living at its finest — comfort, convenience, and lifestyle, all in one.

Mortgage Calculator

Est. Monthly Payment

$5,870

Principal & Interest$4,293
Property Tax$849
Insurance$248
HOA$480
%($169,800)
%

Investment Score

3D
Est. Monthly Rent
$3,464
Monthly Cashflow

Rent − PITI − HOA

$-2,406
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,911

Mortgage (P+I)
$4,293
Cap Rate
0.54%
Cash-on-Cash
-17.01%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$5,870

NOI (Annual)
$4,589
Price-to-Rent

Lower = better for investors

20.4

* 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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