Unique Carmel-by-the-Sea Oceanfront Home Listed for $14 Million

A rare, architecturally significant oceanfront home on Scenic Road in Carmel-by-the-Sea, California, has been listed for $14 million, presenting a unique opportunity for a buyer to own a landmark property directly on the water's edge. This marks the first time the home has been on the market in 40 years. The property requires a significant restoration investment, estimated by the listing agent to start at $5 million, to modernize its 1970s-era condition while preserving its unique character. This article provides a detailed overview of the property's features, historical context, and the considerations for a potential buyer.

What Makes This Carmel Property So Unique?

This property's primary distinction is its unparalleled location. It is one of only five homes on Scenic Road situated west of the roadway, placing it directly on the granite cliffs overlooking the Pacific Ocean. Unlike properties with ocean views, this home is truly oceanfront, built into the rock, offering an immersive experience where the water is directly below. The listing agent describes the sensation as being "almost like a ship, where you’re just on the cusp of being on the water." The architect, Frank Wynkoop, designed the 2,777-square-foot home in 1947 to maximize vistas, providing nearly 270-degree views from Point Lobos to Sunset Point, including the Pebble Beach golf links and Carmel Beach.

What Are the Key Architectural and Historical Features?

The home is a recognized landmark, designed by the sought-after architect Frank Wynkoop. A key feature of his design was integrating the structure with the natural landscape. Granite rock protrusions are incorporated directly into the home's design, with windows sealed around the stone. The interior utilizes wood paneling and beams to enhance the natural feel. The property is situated on a quarter-acre lot next to the famous "Butterfly House," another Wynkoop design that sold for $16.5 million in 2016. The current home has had only two owners in its history, adding to its unique provenance.

What is the Current Condition and Potential for Modernization?

The home is being sold in largely original condition, with updates needed for modern living. Based on our experience assessment, the property is a prime candidate for a high-end restoration. The current layout includes three bedrooms and four bathrooms, with an office that could serve as a fourth bedroom. The galley-style kitchen, with a seating bar, is noted as a feature that could be reconfigured for more open-plan, informal entertaining. The listing agent has consulted with contractors and architects who confirm the structure's soundness and see multiple viable paths for restoration. The cost for a comprehensive restoration and upgrade is estimated to be at least $5 million.

Who is the Likely Buyer for This Type of Property?

The listing agent anticipates the buyer will likely be someone seeking a second home who appreciates the unique charm of Carmel-by-the-Sea and the value of a historic, architect-designed property. This is not a turn-key purchase but a project for a buyer with the vision and capital to restore the home to its potential. The buyer profile is someone who values architectural integrity and a profound connection to the natural environment, willing to invest in a significant modernization project to create a personalized coastal retreat.

Prospective buyers should be prepared for a restoration project requiring a substantial financial commitment beyond the purchase price. The opportunity to acquire a true oceanfront parcel with architectural significance in an exclusive enclave like Carmel is exceptionally rare. The key takeaway is that this property offers a unique canvas for a discerning buyer to create a modern home within a historic, nature-integrated framework, but it requires a clear understanding of the involved costs and scope of work.