New Monterey Land Lot for Sale

/7
$289,000
- Land
- 0.12 Acre
- $2,504,333 per Acre
801 Lyndon St, Monterey, CA 93940

Rare Development Opportunity with Bay View Potential!** What a value this 5,024 sq ft corner lot in Monterey is zoned for 3-5 units and offers sweeping potential views of Monterey Bay. Plans by architect Clark Watkins for a 3-unit building were originally approved by the City in 2005. Buyers should verify the current status of any prior plans, permits, and water allocation with the City. The

Michelle Russell eXp Realty of California Inc

801 Lyndon St, Monterey, CA 93940

California Monterey New Monterey

Home Trends in New Monterey, CA

On average, homes in New Monterey, Monterey sell after 48 days on the market compared to the national average of 51 days. The median sale price for homes in New Monterey, Monterey over the last 12 months is $1,092,654, down 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$1,092,654

Median Single Family Sale Price

$1,203,000

Median 2 Bedroom Sale Price

$1,137,250

Average Price Per Sq Ft

$968

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

6.80

Median List Price

$1,275,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-9%

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