Just blocks from Ocean Avenue and iconic Carmel Beach, this rare Carmel-by-the-Sea offering features a 1947 home with separate guest unit on a generous 6,200 sq ft lot, ready to be reimagined into your own coastal retreat. Located in a highly walkable neighborhood near Carmels acclaimed boutiques, galleries, and restaurants, you can enjoy morning coffee in town, leisurely shopping, and sunset walks on the sand within minutes of your front door. In largely original condition, the property presents an excellent opportunity for buyers who prefer to create their own space rather than pay a premium for someone elses remodel. With approximately 1,964 sq ft of living area across two structures, including a main 4-bedroom home plus a separate 1-bedroom unit, the flexible layout is well-suited for guests, extended family, a home office, or potential rental use, subject to local regulations. Period details and multiple fireplaces offer a character-rich backdrop for a future renovation, while the deep lot provides room for outdoor entertaining, gardening, and thoughtful expansion, which is a true luxury so close to the beach. Situated within highly regarded Carmel Unified schools and convenient to parks, beaches, and Highway 1.