Homes in Carmel Valley are sizable, with many boasting floor plans with more than 3,000 square feet of living space. There are also a number of estate homes in the area with the amenities and price tag to match. However, Carmel Valley also offers condos, townhomes, and starter homes with a smaller footprint. Several communities in the Carmel Valley area are gated which provides additional security and exclusivity for residents.
Since homes in Carmel Valley have been built over a span of forty years, some properties no longer have Mello-Roos fees attached, while others still do. If you’re looking at buying a home in Carmel Valley, you’ll want to keep an eye out for those fees. Along with your monthly HOA dues and property taxes, it’ll give you a true picture of what it will cost to own a home in Carmel Valley. Mello-Roos fees are levied on new communities in order to fund the building of roads, schools, and other necessary resources. They typically expire after a period of twenty or thirty years.
For a single family home in Carmel Valley, the median home price is $2,087,500. For a condo or townhome it is $829,888.