Actually there is not much in Carmel Valley that is my taste either but lots of clients really like it there. The people I showed today have decided to submit an offer on it.
Anyways I have not been into the Candela home. I really like the area to the north off of Newcrest and Landfair. Kind of pricey there though. Anyways like you said Candela has been listed and relisted quite a few times already. However it could very well be that the lender simply did not accept some of the offers submitted. Also note that over 18 months ago 13073 closed at 830k and 13003 closed at 775k. So yeah I do agree that at 700k it should have moved by now. Although there could be other liens that the lender does not want to cover. So you just never know. As you said though, there could be something wrong with the home itself.