Under Construction

ONE Carmel

ONE Carmel is a private 891-acre residential community in Carmel Valley on California's Monterey Peninsula, developed by DL Holdings through Carmel Reserve LLC with architecture by BAR Architects and Interiors.

Official Website
TMW IntelligenceVerified Oct 3, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
08.15.22
Start
73
Units

Financed with $5M from DL Holdings Group in 06.02.26.

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Details

676 Carmel Valley Road, Carmel Valley. 73 residences. Broke ground August 2022. Financed with $5M from DL Holdings Group in June 2026.

The story so far
Announced 2022 est.
Broke ground Aug 15, 2022DL Holdings held groundbreaking for ONE Carmel, an 891-acre master-planned community of 73 estate homesites in Carmel Valley
prnewswire.com
Financing secured Jun 2, 2026DL Holdings committed US$5M to the US$10M ONE Carmel Estate Residence Lot A fund to build the first model house (Lot A, Homesite 6, "The Legacy"), per its HKEX announcement of 2 June 2026
dl-holdings.com
Sales launched Jul 2026ONE Carmel launched residential sales in July 2026, opening a first collection of 10 Founders Selection homesites and built residences across its 891-acre Carmel Valley community, with land from $6M and custom homes from $15M.
prnewswire.com
Under construction
Expected opening date TBD
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
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About the project

ONE Carmel is a private 891-acre residential community in Carmel Valley on California's Monterey Peninsula, developed by DL Holdings through Carmel Reserve LLC with architecture by BAR Architects and Interiors. The gated enclave offers 73 estate homesites and custom Art Residences with an average lot size of roughly 4.38 acres, positioned about ten minutes from Carmel-by-the-Sea and Pebble Beach. Amenities center on a restored 20-acre equestrian center alongside hiking trails, a smart and sustainable infrastructure of solar power, independent water systems and fiber connectivity, and 24-hour concierge service. It stands as one of the last large-scale land offerings on the Monterey Peninsula.

Developer & design
Common questions

Frequently asked

Where is ONE Carmel located?

ONE Carmel is located in Carmel Valley.

When will ONE Carmel be completed?

ONE Carmel is under construction.

Who is developing ONE Carmel?

Carmel Reserve LLC is the developer behind ONE Carmel.

Who designed ONE Carmel?

ONE Carmel was designed by BAR Architects & Interiors.

How big is ONE Carmel?

ONE Carmel features 73 residences.