$610,000
SOLD JUN 11, 2025

4037 Costado Rd Del Monte Forest, CA 93953

0.33 Acre
$1,823,072 Price per Acre
14,575 Sq Ft Lot

Recently Sold

19% Below List Price

444 Days on Market

About This Lot

As of June 2025

Gentle Downslope Lot with possible Monterey Bay views, and Pebble Beach water allocation already in place! Preliminary Designs available. Survey and Topographical Map already in place. Great opportunity to build in thecoveted Pebble Beach community that features the famed Lone Cypress, dining/resort/golf at The Inn at Spanish Bay & The Lodge at Pebble Beach - not to mention 6 beaches that circle 17 Mile Drive - and so much more! This magnificent .35-acre lot in the Del Monte Forest slopes down from the street and is located adjacent to Huckleberry Hill, nesting above the 17 Mile Drive. This property has convenient and easy access to Highway 68 and Highway 1, and all the Monterey Peninsula has to offer. Ideal for someone looking to build a residence or for investors!

Last Agent to Sell the Property

Juan Mancheno

Carmel By The Sea Realty License #01101363 Listed on: 03/07/2024

Last Buyer's Agent

Juan Mancheno

Carmel By The Sea Realty License #01101363 Listed on: 03/07/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,421

Lot Details

  • 0.33 Acre Lot
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Down

Property Views

  • Ocean
  • Bay
  • Forest

Property Details

Property Type

Land

Est. Annual Taxes

$7,421

Lot Details

0

Listing Details

  • Zoning: MDR/4-D(CZ)
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Development Status: Architectural Review Committee, Raw Land, Recorded Parcel Map, Site Plan
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay, Forest / Woods, Ocean

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Corners Marked, Grade - Sloped Down, Surveyed
  • Lot Acres: 0.3346
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14576.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14576.00
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 9, 2025
Sold by
David And Jennifer Leder Trust and Leder David J
Bought by
Pourrahimi Faramarz and Saidianaraki Sima
Seller's Agent
Juan Mancheno
Carmel By The Sea Realty
Buyer's Agent
Juan Mancheno
Carmel By The Sea Realty
List Price
$749,950
Sold Price
$610,000
Premium/Discount to List
-$139,950
-18.66%
Views
243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.66%
Original Mortgage
$427,000
Outstanding Balance
$427,000
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$211,895

Purchase Details

Listed on
Sep 23, 2021
Closed on
Jan 11, 2022
Sold by
Wang Phillip K and Wang Deborah
Bought by
David And Jennifer Leder Trust
Seller's Agent
Sam Maggio
Shankle Real Estate
Buyer's Agent
Juan Mancheno
Carmel By The Sea Realty
List Price
$690,000
Sold Price
$650,000
Premium/Discount to List
-$40,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%
Original Mortgage
$455,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1999
Sold by
Wang Peter C C and Wang Grace L
Bought by
Wang Phillip K and Leon Deborah
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $610,000 Chicago Title Company
Grant Deed $650,000 Old Republic Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,000 New Conventional
Previous Owner $455,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $610,000 0.0% --
05/26/2025 05/26/25 Pending -- -- --
05/17/2025 05/17/25 Off Market $610,000 -- --
01/23/2025 01/23/25 Price Changed $670,000 -0.7% --
10/31/2024 10/31/24 Price Changed $675,000 -1.5% --
09/30/2024 09/30/24 Price Changed $685,000 0.0% --
08/20/2024 08/20/24 Price Changed $684,950 -0.7% --
08/19/2024 08/19/24 Price Changed $689,950 0.0% --
08/15/2024 08/15/24 Price Changed $690,000 0.0% --
07/13/2024 07/13/24 Price Changed $689,950 -1.4% --
06/06/2024 06/06/24 Price Changed $699,950 -1.4% --
05/01/2024 05/01/24 Price Changed $709,950 -1.4% --
04/17/2024 04/17/24 Price Changed $719,950 -1.4% --
03/29/2024 03/29/24 Price Changed $729,950 -2.7% --
03/07/2024 03/07/24 For Sale $749,950 +15.4% --
01/20/2022 01/20/22 Sold $650,000 -5.8% --
12/02/2021 12/02/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $690,000 -- --
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,421 $689,785 $689,785 --
2024 $7,421 $676,260 $676,260 --
2023 $7,336 $663,000 $663,000 $0
2022 $1,661 $650,000 $650,000 --
2021 $1,629 $135,264 $135,264 $0
2020 $1,564 $133,878 $133,878 $0
2019 $1,627 $131,253 $131,253 $0
2018 $1,560 $128,680 $128,680 $0
2017 $1,446 $126,157 $126,157 $0
2016 $1,416 $123,684 $123,684 $0
2015 -- $121,827 $121,827 $0
2014 -- $119,441 $119,441 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81956715

MLSListings

APN: 008-101-024-000