NOT LISTED FOR SALE

Estimated Value: $832,000 - $884,830

3 Acres
$287,426 Price per Acre
130,680 Sq Ft Lot

Last Sold January 10, 2025

Last sale price $849,000

Est. 2% increase in value since last sale

Current estimated payment $5,501/month

317 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • 3 Acre Lot
  • Monterey High School Rated A

About This Lot

As of January 2025

BUILD YOUR DREAM HOME! Beautiful, three-acre residential lot with sunny and serene 1.2 ac +/- building envelope surrounded by mature oaks and pines with a peek at ocean views of Monterey Bay. Located in the luxury, gated community of Monterra Ranch and close to all the attractions and amenities of the Monterey Peninsula. Underground utilities at the lot and water provided by the private Canada Woods Water Company. Lot clearing and tree trimming is done. Engineering survey, topographic mapping and soils study completed. The owner has spent thousands on preliminary planning and development, so you save time and money. Social membership to Clint Eastwood's Tehama Golf & Country Club is included in the sale (Buyer to pay $1,000 transfer fee and monthly dues). Members enjoy both fine and casual dining, social events, use of the fitness center with personal trainers, two pools, spa, weight and exercise room, organized classes, tennis courts and great weather, outside the fog line, in a park-like setting.

Last Agent to Sell the Property

Bill Mccrone

Coldwell Banker Realty License #01029353 Listed on: 02/03/2024

Coldwell Banker Realty

Last Buyer's Agent

Yvonne Tovar

eXp Realty of California Inc License #02106819

eXp Realty of California Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,872

Lot Details

  • 3

Property Views

  • Ocean
  • Hills
  • Forest

Additional Features

  • 3 Acre Lot
  • Gas Available at Street

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, maintenance - common area, management fee, reserves, security service
  • Monterra Ranch HOA
  • The community has rules related to parking rules

Security

  • Gated Community

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$8,872

Lot Details

0

Listing Details

  • Zoning: Single Family
  • Subclass: Residential Lot
  • Restrictions: Parking Restrictions
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Architectural Review Committee, Design Review Required, Map Recorded
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Forest / Woods, Hills, Ocean

Utilities

  • Sewer/Septic System: Sewer Available

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Amenities: Community Security Gate
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area, Management Fee, Reserves, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Monterra Ranch HOA

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 3.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 130680.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 130680.00
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Jan 7, 2025
Sold by
Charnota-Larson Julie Takako
Bought by
Larson Bradley
Seller's Agent
Bill Mccrone
Coldwell Banker Realty
Buyer's Agent
Yvonne Tovar
eXp Realty of California Inc
List Price
$849,000
Sold Price
$849,000
Views
975
Current Estimated Value
$862,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,277
Avg. Annual Appreciation
2.86%
Original Mortgage
$400,000
Outstanding Balance
$398,443
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$463,834

Purchase Details

Listed on
Feb 3, 2024
Closed on
Dec 26, 2024
Sold by
Zane Family Living Trust and Zane Paul M
Bought by
Larson Bradley
Seller's Agent
Bill Mccrone
Coldwell Banker Realty
Buyer's Agent
Yvonne Tovar
eXp Realty of California Inc
List Price
$849,000
Sold Price
$849,000
Views
975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$398,443
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$463,834

Purchase Details

Listed on
Jan 20, 2022
Closed on
Apr 22, 2022
Sold by
Monterra Estate Homes Llc
Bought by
Zane Family Living Trust
Seller's Agent
Mike Jashinski
Sotheby’s International Realty
Buyer's Agent
Bill Mccrone
Coldwell Banker Realty
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%

Purchase Details

Closed on
Sep 26, 2018
Sold by
Cit
Bought by
Monterra Estate Homes Llc

Purchase Details

Closed on
Aug 22, 2011
Sold by
Monterra Ranch Properties Llc
Bought by
Onewest Bank Fsb
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 Buyer Sale Price Title Company
Larson Bradley -- Cornerstone Title
Larson Bradley $849,000 Cornerstone Title
Zane Family Living Trust $795,000 Chicago Title
Monterra Estate Homes Llc $1,800,000 Chicago Title Co
Onewest Bank Fsb $1,062,167 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Bradley $400,000
Previous Owner Monterra Properties Llc $375,000
Previous Owner Monterra Ranch Properties Llc $9,419,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $849,000 0.0% --
12/17/2024 12/17/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $849,000 +6.8% --
04/28/2022 04/28/22 Sold $795,000 0.0% --
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $795,000 0.0% --
02/26/2022 02/26/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $795,000 -- --
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 $8,872 $843,660 $843,660 --
2024 $8,872 $827,118 $827,118 --
2023 $8,782 $810,900 $810,900 $0
2022 $4,590 $795,000 $795,000 $0
2021 $4,522 $412,226 $412,226 $0
2020 $6,787 $637,500 $637,500 $0
2019 $7,128 $625,000 $625,000 $0
2018 $6,977 $625,000 $625,000 $0
2017 $6,322 $600,000 $600,000 $0
2016 $5,806 $550,000 $550,000 $0
2015 -- $425,000 $425,000 $0
2014 -- $425,000 $425,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81953337

MLSListings

APN: 259-161-026-000