This incredible and rare opportunity offers the potential for five ocean view lots in Carmel, totaling over 1.79 acres. Perfect for further development, this offering is within walking distance to downtown Carmel and runs street-to-street. There are currently 3 living units on the property, including a 2 bedroom house, separate cottage, and a studio, all ready to be enjoyed or generate income. With ample water credits, ocean and mountain views, and a park-like setting, there are a number of possibilities for the next owner. Listing also includes a second APN 009-111-003 with a 3 bed, 1.5 bed, 1,537 Sq. Ft. cottage on it.