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161 Riviera Drive

  • CARMEL, CA
  • $2,850,000

ABOUT

Introducing a truly exceptional ocean view offering in Carmel Highlands. On a spacious 15,500 sq ft lot, meticulously remodeled mid-century coastal bungalow located in the prestigious Yankee Point neighborhood. This cheerful and chic home offers expansive views of the Pacific Ocean, perfectly capturing the serene beauty of the coastline. You'll enjoy breathtaking views and sunsets thanks to the home's abundant southern and western exposure. All rooms look out to the blue Pacific Ocean. Every detail has been thoughtfully considered in this stylish remodel, which was taken down to the studs to ensure modern luxury and comfort. Gorgeous Paonazzo marble slabs adorn the countertops in the chefs kitchen that features Thermador appliances, including double ovens and ample custom cabinetry. The bathrooms feature Calcutta gold marble slabs, elevating the beach chic decor. All new electrical, plumbing, heating systems, including addition of central air system. New roof, all new lifetime warranty Milgard Windows and sliders. Experience the ultimate in coastal living with unmatched style and sophistication. The home comes with membership to the elective community association that includes access to a stunning private "Key" Beach. A rare chance to own a slice of costal paradise.
Introducing a truly exceptional ocean view offering in Carmel Highlands. On a spacious 15,500 sq ft lot, meticulously remodeled mid-century coastal bungalow located in the prestigious Yankee Point neighborhood. This cheerful and chic home offers expansive views of the Pacific Ocean, perfectly capturing the serene beauty of the coastline. You'll enjoy breathtaking views and sunsets thanks to the home's abundant southern and western exposure. All rooms look out to the blue Pacific Ocean. Every detail has been thoughtfully considered in this stylish remodel, which was taken down to the studs to ensure modern luxury and comfort. Gorgeous Paonazzo marble slabs adorn the countertops in the chefs kitchen that features Thermador appliances, including double ovens and ample custom cabinetry. The bathrooms feature Calcutta gold marble slabs, elevating the beach chic decor. All new electrical, plumbing, heating systems, including addition of central air system. New roof, all new lifetime warranty Milgard Windows and sliders. Experience the ultimate in coastal living with unmatched style and sophistication. The home comes with membership to the elective community association that includes access to a stunning private "Key" Beach. A rare chance to own a slice of costal paradise.
Introducing a truly exceptional ocean view offering in Carmel Highlands. On a spacious 15,500 sq ft lot, meticulously remodeled mid-century coastal bungalow located in the prestigious Yankee Point neighborhood. This cheerful and chic home offers expansive views of the Pacific Ocean, perfectly capturing the serene beauty of the coastline. You'll enjoy breathtaking views and sunsets thanks to the home's abundant southern and western exposure. All rooms look out to the blue Pacific Ocean. Every detail has been thoughtfully considered in this stylish remodel, which was taken down to the studs to ensure modern luxury and comfort. Gorgeous Paonazzo marble slabs adorn the countertops in the chefs kitchen that features Thermador appliances, including double ovens and ample custom cabinetry. The bathrooms feature Calcutta gold marble slabs, elevating the beach chic decor. All new electrical, plumbing, heating systems, including addition of central air system. New roof, all new lifetime warranty Milgard Windows and sliders. Experience the ultimate in coastal living with unmatched style and sophistication. The home comes with membership to the elective community association that includes access to a stunning private "Key" Beach. A rare chance to own a slice of costal paradise.
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1974

1974

Year Built

3

3

Total Bedrooms

2

2

Total Bathrooms

1,344

1,344

Sq.Ft.

Living Space

0.36

0.36

Acres

Lot Size

2.0

2.0

Garage Spaces

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01

Interior

Total Bedrooms

3

Total Bathrooms

2

Full Bathrooms

2

Laundry room

In Garage

Flooring

Carpet, Hardwood, Laminate

Fireplace

Living Room

Appliances

Disposal, Dishwasher, Freezer, Ice Maker, Microwave, Refrigerator, Gas Cooktop, Range Hood, Built-In Range

Other Interior Features

Vaulted Ceiling(s), Pantry, Walk-In Closet(s), Beamed Ceilings, Double Vanity
01

Exterior & Building

Story

1

Garage Spaces

2.0

Water Source

Private

Utilities

Propane

Pool

None

Roof

Composition

Lot Features

Gentle Sloping, Back Yard

Parking

Attached

Heat Type

Forced Air, Fireplace(s), Electric, Central

Air Conditioning

Central Air

Substructure

Concrete Perimeter, Pillar/Post/Pier

Other Exterior Features

Balcony
01

Lot & Area

Status

Sold

Living Area

1,344 Sq.Ft.

Total Area

1,344 Sq.Ft.

Lot Size

0.36 Acres

MLS® ID

ML81997852

Type

Residential

Year Built

1974

Neighborhood

Carmel

Architecture Styles

Bungalow, Custom, Ranch

View Description

Ocean,Water

Elementary School

Carmel River Elementary

Middle School

Carmel Middle

High School

Carmel High

School District

Carmel Unified
01

Finance

Sales Price

$2,850,000

Zoning

R-1

Explore

Carmel

The large area known as Carmel is actually an unincorporated portion of Monterey County.

Carmel, CA — Neighborhood Guide & Market Snapshot

Carmel and its surrounding communities offer a diverse lifestyle, from oceanfront estates to tucked-away valley retreats. Below is a neighborhood-by-neighborhood breakdown, comparisons, and a market update to help you navigate this extraordinary stretch of California’s coast.

Carmel-by-the-Sea

Gallery-lined village core, limited new product, high per-sqft values; data: Zillow & Realtor show slightly different central metrics — both useful to display for transparency.

Pebble Beach / MPCC

Golf/resort submarket with premium pricing and gated enclaves; quarter reports (Canning) show elevated average sales prices and concentrated luxury demand.

Teháma

Masterplanned, Clint Eastwood-developed community — homesite pricing publicly listed on the development site; resale data is limited.

Big Sur

Iconic coast with expensive, infrequent sales; recent reporting highlights access & insurance challenges affecting market liquidity.

Neighborhood Comparisons

Looking for walkability? Choose The Golden Rectangle or Carmel-by-the-Sea. Want privacy and land? Teháma and Carmel Valley offer more space. For golf enthusiasts, MPCC and Pebble Beach deliver prestige and access. Seeking dramatic views? Big Sur and Carmel Point showcase California’s coastal beauty.

Neighborhood Comparison — At a Glance

Neighborhood Price Range Market Notes Key Appeal
Golden Rectangle $3M–$5M Walkable, small cottages, premium pricing Charm & proximity to town/beach
Carmel Point $4M–$8M Ocean & Point Lobos views, fewer sales Coastal drama, exclusivity
Pebble Beach $6M–$10M+ Golf estate prestige, global demand Ultra-luxury, golf, coastline
Carmel Valley $1.5M–$4M Sunshine, vineyards, larger lots Rural feel, warmer climate

Notes: price ranges are based on recent MLS data and public medians. Some micro-markets (e.g., Teháma, Big Sur) have limited annual sales; figures are best interpreted as broad averages.

Carmel Market Update – 2025

The Carmel and Pebble Beach luxury markets remain resilient in 2025. Inventory is limited, particularly in walkable neighborhoods and oceanfront properties, keeping demand high. Median prices in Carmel-by-the-Sea have surpassed $3.5M, while Pebble Beach remains a global luxury destination with estates trading well above $10M. Buyers seeking value are increasingly turning to Pacific Grove and Monterey, while Carmel Valley appeals to those desiring larger lots and sunnier climates.

Carmel, CA — Neighborhood Guide & Market Snapshot Carmel and its surrounding communities offer a diverse lifestyle, from oceanfront estates to tucked-away valley retreats. Below is a neighborhood-by-neighborhood breakdown, comparisons, and a market update to help you navigate this extraordinary stretch of California’s coast. Carmel-by-the-Sea Gallery-lined village core, limited new product, high per-sqft values; data: Zillow & Realtor show slightly different central metrics — both useful to display for transparency. Pebble Beach / MPCC Golf/resort submarket with premium pricing and gated enclaves; quarter reports (Canning) show elevated average sales prices and concentrated luxury demand. Teháma Masterplanned, Clint Eastwood-developed community — homesite pricing publicly listed on the development site; resale data is limited. Big Sur Iconic coast with expensive, infrequent sales; recent reporting highlights access & insurance challenges affecting market liquidity. Neighborhood Comparisons Looking for walkability? Choose The Golden Rectangle or Carmel-by-the-Sea. Want privacy and land? Teháma and Carmel Valley offer more space. For golf enthusiasts, MPCC and Pebble Beach deliver prestige and access. Seeking dramatic views? Big Sur and Carmel Point showcase California’s coastal beauty. Neighborhood Comparison — At a Glance Neighborhood Price Range Market Notes Key Appeal Golden Rectangle $3M–$5M Walkable, small cottages, premium pricing Charm & proximity to town/beach Carmel Point $4M–$8M Ocean & Point Lobos views, fewer sales Coastal drama, exclusivity Pebble Beach $6M–$10M+ Golf estate prestige, global demand Ultra-luxury, golf, coastline Carmel Valley $1.5M–$4M Sunshine, vineyards, larger lots Rural feel, warmer climate Notes: price ranges are based on recent MLS data and public medians. Some micro-markets (e.g., Teháma, Big Sur) have limited annual sales; figures are best interpreted as broad averages. Carmel Market Update – 2025 The Carmel and Pebble Beach luxury markets remain resilient in 2025. Inventory is limited, particularly in walkable neighborhoods and oceanfront properties, keeping demand high. Median prices in Carmel-by-the-Sea have surpassed $3.5M, while Pebble Beach remains a global luxury destination with estates trading well above $10M. Buyers seeking value are increasingly turning to Pacific Grove and Monterey, while Carmel Valley appeals to those desiring larger lots and sunnier climates.
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Dana Bambace

EM

Dana Bambace

Founding Agent Carmel & Pebble Beach | Team Leader

01731448

Dana is a true trailblazer, always looking for opportunities to "break the mold" and rise above the status quo.

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Phone
(831) 224-6353
Mark Peterson

EM

Mark Peterson

Founding Agent Carmel & Pebble Beach | Team Leader

01977162

Mark has deep roots to the community and is involved with many local foundations and non-profits, Highlights include teaching 2 nights a week for 11 years.

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Phone
(831) 238-1380