Yankee Point remains one of the most tightly held coastal enclaves on the Monterey Peninsula defined by something nearly impossible to replicate today flat, walkable access to the Pacific, and a handful of homes that live with the ocean rather than above it. Set on nearly half an acre, 142 Carmel Riviera Drive offers over 4,200 square feet with 4 bedrooms, an office, and 3.5 bathrooms within a short walk to the water. South and west facing exposures bring in natural light and ocean views, most notably from the primary suite. Two private coastal access points Otter Cove and Yankee Point Beach are just steps away, reinforcing the property’s connection to the shoreline. Substantial water credits, supporting 3.5 bathrooms and a pool. For a buyer willing to modernize and unlock its full potential, this is one of the more compelling value opportunities currently available near this close to the ocean. Minutes from Point Lobos State Natural Reserve and just south of Carmel-by-the-Sea, with the gateway to Big Sur beginning nearby, this property sits at the intersection of privacy, accessibility, and long-term coastal scarcity.
AGENT: LISTING BROKERAGE: Engel & Volkers Carmel
Courtesy of Engel & Volkers Carmel. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 142 Carmel Riviera DR
Carmel, CA
Property Details
Price:
$3,499,000
MLS #:
ML82047633
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
May 17, 2026
Finished Sq Ft:
4,260
Lot Size:
17,000 sqft / 0.39 acres (approx)
Year Built:
1961
Traditional699 – Not Defined699notdefinedCarmel UnifiedCarmel RiverCarmelCarmelOcean
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Schools
School District:
Carmel Unified
Elementary School:
Carmel River
Middle School:
Carmel
High School:
Carmel
Interior
Appliances
DW, MW, RF, HOD
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
NO
Flooring
TILE, WOOD, CARP
Heating
CF
Exterior
Architectural Style
TRD
Attached Garage YN
1
Common Walls
NCW
Direction Faces
W
Fencing
WD
Garage Spaces
2
Parking Spots
4
Parking Total
4
Patio And Porch Features
DK
Roof
SHN
Spa Features
IG
View
OC
Window Features
BW
Financial
Map
Community
- Address142 Carmel Riviera DR Carmel CA
- CityCarmel
- CountyMonterey
- Zip Code93923
