NOT LISTED FOR SALE

8370 Monterra Views Monterey, CA 93940

Laguna Seca/Ryan Ranch Neighborhood

Estimated Value: $5,200,718 - $5,630,000

5 Beds
6.5 Baths
7,286 Sq Ft
$744/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2024

Last sale price $5,600,000 $769 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $32,228 / mo

51 Days on Market

Highlights

  • Ocean View
  • Solar Power System
  • Deck
  • Monterey High School Rated A
  • 1.75 Acre Lot
  • Living Room with Fireplace

About This Home

As of July 2024

Commissioned and featured by Sunset Magazine as a true architectural marvel, The Sunset Magazine Idea House flawlessly blends its inspiration from Steinbeck Country's rustic roots with a luxurious modern style designed by Thomas Bateman Hood to perfectly frame the incredible ocean and mountain views. Located on ~1.75 acres within Monterra's prestigious gated community, the property is available for the first time since the original owners purchased it. It includes 3 main structures and integrates sustainable design principles and innovative features. Its open-plan layout utilizes an effortless indoor-outdoor flow, with expansive windows framing the surrounding views of mature oak trees, the Santa Lucia Mountains, and Monterey Bay to the west. Designed for comfort and eco-friendliness, the house incorporates recycled materials such as reclaimed barn wood from a local stagecoach station, energy-efficient systems, and drought-tolerant landscaping. The interior exudes a relaxed yet sophisticated vibe, showcasing contemporary furnishings and artistic touches. Outdoor spaces include a spacious deck, fire pit, pizza oven, built-in BBQ, bocce ball court, producing olive grove, and multiple seating areas nestled between the native plant gardens, encouraging outdoor living.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 04/19/2024

Coldwell Banker Realty

Last Buyer's Agent

Chris Babalis

Carmel Realty Company License #01999982

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 1.75

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 3 Car Detached Garage

Property Views

  • Ocean
  • Mountain
  • Valley

Home Design

  • Raised Foundation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,286 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Outdoor Kitchen

Utilities

  • Radiant Heating System
  • Private Sewer

Additional Features

  • Solar Power System
  • 1.75 Acre Lot

Community Details

  • Association fees include exterior painting, landscaping / gardening, maintenance - road, security service
  • Monterra Ranch Of Monterey Homeowners Association
  • Built by Monterra Ranch Of Monterey

Listing and Financial Details

  • Assessor Parcel Number 259-211-001-000

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

1.75 Acres

HOA Fees

$450 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 7286
  • Complex Name: Monterra Ranch Of Monterey
  • Year Built: 2009
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Outside
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 7286
  • Stories: 1
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 3
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Raised
  • Roof: Metal
  • View: Mountains, Ocean, Valley
  • Yard/Grounds: Balcony / Patio, Deck, Outdoor Kitchen

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Radiant, Radiant Floors
  • Sewer/Septic System: Sewer - Private

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Landscaping / Gardening, Maintenance - Road, Security Service
  • H O A Name Text: Monterra Ranch of Monterey Homeowners
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 259-211-001-000
  • Lot Acres: 1.7500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 76230.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 76230.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 22, 2024
Sold by
Bought by
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Chris Babalis
Carmel Realty Company
List Price
$6,500,000
Sold Price
$5,600,000
Premium/Discount to List
-$900,000
-13.85%
Views
154
Current Estimated Value
$5,417,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$182,070
Avg. Annual Appreciation
-1.72%

Purchase Details

Closed on
Mar 3, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
4.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$971,138
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,600,000 Chicago Title
$3,400,000 Chicago Title Company
$3,500,000 Chicago Title
$3,500,000 Chicago Title
$947,802 Chicago Title
-- Accommodation
-- Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,720,000
Previous Owner $971,138
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $5,600,000 -13.8% $769 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $6,500,000 -- $892 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $30,857 $2,727,077 $736,310 $1,990,767
2024 $45,742 $2,698,998 $728,729 $1,970,269
2023 $45,278 $4,186,848 $1,046,709 $3,140,139
2022 $44,653 $4,104,754 $1,026,186 $3,078,568
2021 $44,001 $4,024,269 $1,006,065 $3,018,204
2020 $42,322 $3,983,007 $995,750 $2,987,257
2019 $44,458 $3,904,910 $976,226 $2,928,684
2018 $42,654 $3,828,344 $957,085 $2,871,259
2017 $39,468 $3,753,279 $938,319 $2,814,960
2016 $38,760 $3,679,686 $919,921 $2,759,765
2015 $38,203 $3,624,414 $906,103 $2,718,311
2014 $37,533 $3,553,418 $888,354 $2,665,064
Source: Public Records

Agents Affiliated with this Home

  • Tim Allen

    Seller's Agent in 2024

    Tim Allen

    Coldwell Banker Realty

    (831) 214-1990

    14 in this area

    333 Total Sales

    Tim Allen
    Section Image
  • Chris Babalis

    Buyer's Agent in 2024

    Chris Babalis

    Carmel Realty Company

    (831) 884-3868

    1 in this area

    13 Total Sales

    Chris Babalis
    Section Image
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Map

Source: MLSListings

MLS Number: ML81962226

MLSListings

APN: 259-211-001-000

California Monterey County Monterey 93923 Laguna Seca/Ryan Ranch

8370 Monterra Views, Monterey, CA

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