$1,500,000
$1M PRICE DROP

Estimated payment $9,610/month

Total Views 47,873
8.87 Acres
$169,109 Price per Acre
386,377 Sq Ft Lot

Highlights

  • Ocean View
  • 8.87 Acre Lot
  • Secluded Lot
  • Monterey High School Rated A

About This Lot

Discover the jewel of Monterra on this magnificent 8.87 Acre homesite. The homesite presents a unique opportunity to craft a world-class property that capitalizes on the unparalleled vistas that define the Monterey Peninsula. An impressive private driveway meanders up the hillside arriving at the 1-acre building envelope. Perched atop a picturesque hill, the unique homesite offers breathtaking expansive views of the Monterey Bay, stretching across to the coast of Santa Cruz, and across the serene beauty of Fort Ord open space. Embrace the extraordinary and transform your vision into reality on this remarkable homesite, where panoramic views and coastal elegance converge to create an unparalleled living experience. Whether envisioning an architectural masterpiece or a tranquil retreat, the possibilities are as vast as the surrounding landscape. Beyond its natural splendor, this location offers the convenience of being in close proximity to the array of amenities that grace the Monterey Peninsula. From the renowned golf courses to the vibrant cultural scene and the allure of the coastal lifestyle, every aspect of coastal living is within reach. The homesite comes with a transferable social membership to the private Tehama Club.

Listing Agent

Bambace Peterson

Compass License #70010145 Listed on: 02/12/2024

Compass

Property Details

Property Type

  • Land

Lot Details

  • 8.87 Acre Lot
  • Secluded Lot
  • Lot Sloped Up

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights
  • Valley

Utilities

  • Gas Available at Street
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include insurance - common area, maintenance - common area, maintenance - road, management fee, reserves, security service
  • Monterra Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: RDR
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Architectural Review Committee, Building Site Cleared, Design Review Required, Recorded Parcel Map
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay, City, City Lights, Ocean, Panoramic, Valley

Utilities

  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

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

Schools

  • School District: Monterey Peninsula Unified
  • Elementary School: Foothill Elementary
  • Middle School: Walter Colton Middle School
  • High School: Monterey High
  • High School: 545
  • Elementary School: 536
  • Middle School: 37460

Lot Info

  • Lot Description: Grade - Sloped Up, Private / Secluded, Views
  • Lot Acres: 8.8700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 386377.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 386377.00
  • Parcel Access: Accessible, Private Road

Multi Family

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

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Price Changed $1,500,000 -23.1% --
08/29/2024 08/29/24 Price Changed $1,950,000 -29.1% --
02/12/2024 02/12/24 For Sale $2,750,000 -- --
Source: MLSListings

Source: MLSListings

MLS Number: ML81953977

MLSListings