Introducing the rare opportunity to purchase a 3 bedroom, 2 bath home with a separate, self-contained, one bedroom studio located in the heart of Carmel-By-The-Sea. Set in a fabulous location within walking distance to restaurants, shops, galleries and the ocean and beaches. This sophisticated constructed home is your ultimate beach house with an added bonus of being one of the only homes that allows nightly rentals. This rental license is transferable and will go to the new owner. With two meters, a flexible floor plan, 3 / 2 bedroom main house, radiant heat, garage, extra parking, washer, dryer, two kitchens both with stainless steel appliances, wine cellar and a very low maintenance yard, this home has it all. Keep one to escape to the charming town of Carmel while renting the main house or occupy the main house with a highly sought-after rental, either way you have a dream come true that is truly a rare opportunity.