Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!
Spectacular describes all aspects of this one of a kind Bay Ridge property. This Mediterranean style 5 bedroom, 4 1/2 bathroom home sits on a 15+ acre lot with outstanding canyon views. The resort style amenities, inside and out are a "Must See". The infinity pool and spa are just the beginning of the outdoor adventure. Very low maintenance artificial lawn, spartan style workout area and in-ground trampoline round out the amazing features. The Tahoe style gazebo backyard entertainment area has all one could want. Retractable fabric wall panels, large granite center table with flatscreen TV, built in gas BBQ as well as fuel burning BBQ pit, pizza oven, beverage refrigerator as well as dining area. House has a separate guest suite that adds some flexibility for use. Beautiful low maintenance landscaping surround the entire property. Private security gate adds to the privacy of this fantastic opportunity. Come for a tour and stay for a lifetime.
Welcome to an exquisite 5,487 sq ft retreat nestled in Bay Ridge, where panoramic views meet unparalleled luxury. This stunning 4 bed, 4.5 bath home has a meticulously crafted living space, offering a lifestyle of refinement and tranquility. The newly remodeled kitchen is sure to impress amidst modern finishes, large waterfall island and top-of-the-line appliances. When nightfalls retreat to the very comfortable primary bedroom suite which is complete with dreamy walk-in closets, cozy fireplace and large sunken tub. With a versatile floor plan, the possibilities are endless whether entertaining with a choice of outdoor kitchen or diner-styled bar or enjoying quiet moments. The 3+ car garage ensures ample space for your vehicles and storage needs, while the large hobby room provides a sanctuary for your passions and pursuits. Step outside to discover expansive patios and an outdoor living area, where the breathtaking views create a backdrop for al fresco dining and entertaining.
Set on an idyllic spot over the green of the 17th hole at The Club at Pasadera sits this lovely villa. As you enter you are enveloped in an abundance of natural light pouring in from the many picture windows and french doors throughout the home. This graceful villa is located at the end of the cul de sac allowing it more privacy and space than the average villa at Pasadera. With two primary suites, one on each floor, the floor plan for this property is flowing and flexible. The charming living room off the entry with private courtyard is a perfect spot for peaceful reflection or socializing. While the great room, comprising the kitchen, breakfast nook and family room is a fantastic spot to entertain as well as simply enjoy the golf course views. The family room opens up to the large patio above the green of the 17th hole so the views are expansive and stunning. Set in the warmth of the sunbelt of the Monterey Peninsula, this villa is truly turn-key perfection!
Discover this stunning property nestled in a tree-lined neighborhood in Monterey. This serene setting offers a perfect opportunity to create your ideal living space in a tranquil environment. Deer gracefully roam through this area of Monterey. We have been informed that the lot is zoned R1-R6 and can be developed, and that SB9 could qualify which is a split lot zoned for 2 Single family residences and ADU. Please note, there is currently no water available on the property, as well as no meter installed. Per city it may take years to receive a water permit. Also please note that Madison Road is not finished and City of Monterey does not have a time frame for completion.
This premier property located beyond the fog features over 1.39 acres of a mostly level meadow landscape with views of the sparkling Monterey Bay and Santa Cruz mountains by day, and city lights from Seaside and Cannery Row by night. This oak studded parcel is entirely usable with an open .635± acre building envelope and amazing vistas. Located in the prestigious community of Monterra Ranch, this 1,700± acre gated community is located just 3 miles from the sea. Enjoy all of the benefits of coastal living including world-class golf and white sandy beaches while living among nature. Purchase includes a social membership to the Tehama Golf Club where members enjoy multiple dining venues and social events throughout the year, fitness center with two pools, spa, tennis and pickle ball courts, weight room, organized classes and person trainers. Pebble Beach, Monterey and Carmel-by-the-Sea are just a short drive away and offer award winning restaurants, art galleries, cultural events, wine tasting, hiking biking and diving, regional airport and raceway all at your fingertips. Come see this awe inspiring property and envision building your life here.
Located within the secluded gated community of Monterra Ranch, 7855 Monterra Oaks is an exceptional 2.72 acre private homesite boasting unobstructed panoramic ocean views of Monterey Bay, city lights and the Santa Cruz mountains. This nature-rich, unique one-of-a-kind location set amid a grove of coastal oaks and Monterey pines, presents the perfect opportunity to build a home that fully embraces its natural surroundings. Private water company and underground utilities add to the appeal of this building opportunity. Current owner has potential home renderings in addition to lot development possibilities. A social membership to Tehama Golf Club is included which offers fine and casual dining, fitness center, 2 pools, spa, tennis courts and a variety of annual social events. Monterra Ranch a peaceful, park-like and secluded community only minutes away from all the Monterey Peninsula has to offer.
Monterra Ranch Lot 2 is nestled within the secure gated community of Monterra, adjacent to Jacks Peak Park, lies a rare jewel of coastal California: a sprawling 112-acre estate that promises an unparalleled blend of luxury, privacy, and natural splendor. Whether you prefer panoramic views or nestled in the pines, 2 separate building envelopes totaling 25 acres (10.06 ac and 14.44 ac) boast multiple building platforms offering unmatched potential in siting your home. Canada Woods Water company will serve and electricity in the street, off grid is also a potential. Close to shopping, restaurants, walkable beaches, world class golf courses, raceway, local events, medical care, and the Monterey Regional airport is only minutes away. Included social membership in the Tehama Golf Club includes fine and casual dining, community social events, fitness center with two pools, spa, tennis/pickleball courts, and exercise classes.
Welcome to 786 Pine St. in New Monterey, where coastal living meets modern convenience! This charming Craftsman single-family home, rebuild from the ground up in 1992, boasts a unique split-level floor plan spanning 2,116 square feet, offering a comfortable and spacious retreat. Enjoy breathtaking panoramic views of the serene Monterey Bay right from your windows, providing a daily dose of coastal tranquility. Nestled in close proximity to vibrant shops, delectable restaurants, and the renowned Monterey Bay Aquarium, convenience and leisure are at your doorstep. But that's not all this property also features three additional 1 bed 1 bath individual units, meticulously reconstructed in 2008. Whether you're seeking extra income potential as an investor or envisioning a multigenerational haven, this versatile setup caters to your needs. Embrace the allure of passive income while savoring the joys of coastal living. With endless possibilities awaiting, seize the opportunity to make this your new home today! Schedule a private showing to explore the lifestyle and investment potential that awaits you on the Monterey Peninsula. (Combined total sq footage = 3,348)
Monterra Ranch Lot 2 is nestled within the secure gated community of Monterra, adjacent to Jacks Peak Park, lies a rare jewel of coastal California: a sprawling 112-acre estate that promises an unparalleled blend of luxury, privacy, and natural splendor. Whether you prefer panoramic views or nestled in the pines, 2 separate building envelopes totaling 25 acres (10.06 ac and 14.44 ac) boast multiple building platforms offering unmatched potential in siting your home. Canada Woods Water company will serve and electricity in the street, off grid is also a potential. Close to shopping, restaurants, walkable beaches, world class golf courses, raceway, local events, medical care, and the Monterey Regional airport is only minutes away. Included social membership in the Tehama Golf Club includes fine and casual dining, community social events, fitness center with two pools, spa, tennis/pickleball courts, and exercise classes.
Monterra Ranch Lot 2 is nestled within the secure gated community of Monterra, adjacent to Jacks Peak Park, lies a rare jewel of coastal California: a sprawling 112-acre estate that promises an unparalleled blend of luxury, privacy, and natural splendor. Whether you prefer panoramic views or nestled in the pines, 2 separate building envelopes totaling 25 acres (10.06 ac and 14.44 ac) boast multiple building platforms offering unmatched potential in siting your home. Canada Woods Water company will serve and electricity in the street, off grid is also a potential. Close to shopping, restaurants, walkable beaches, world class golf courses, raceway, local events, medical care, and the Monterey Regional airport is only minutes away. Included social membership in the Tehama Golf Club includes fine and casual dining, community social events, fitness center with two pools, spa, tennis/pickleball courts, and exercise classes.
Sited on top of the knoll of a ~3-acre parcel of gently rolling hills and mature oak trees, this beautiful Monterra home site includes permitted plans for a stunning modern 5,004 SqFt main house, a 1,200 SqFt guest house, and a 1,200 SqFt garage/rec room, all with sweeping views of Monterey Bay and the surrounding Santa Lucia Mountains. Highlights of the design include a perfect blend of natural materials and modern features like walls of glass, an effortless flow between indoor/outdoor living spaces, a gourmet kitchen with a large island and wine fridge, luxurious primary suite, expansive patios and balconies to enjoy the breathtaking views, and manicured gardens with courtyards and water features. Avoid 2 years in the planning approval process and skip to the best partcreating your dream home. Included in the sale is a social membership to the prestigious Tehama Golf Club, granting access to a plethora of amenities including social gatherings, both fine and casual dining options, a fitness center, two pools, and tennis courts. Revel in the ideal climate of the Monterey Peninsula within this gated community, surrounded by nature's beauty yet just a short drive from golf courses, The Monterey Bay Aquarium, regional airport, acclaimed restaurants, hiking, and Carmel-by-the-Sea.
Nestled just 3 miles from the coast, this beautiful, gently sloping 1.73 acre Monterra homesite looks out to Monterey Bay with a .48-acre building envelope including plans by acclaimed architect Al Soroyan. Purchasers enjoy a social membership at Tehama Golf Club and Fitness Center, granting access to gatherings, dining, health club amenities, two pools, a spa, and tennis courts. The lot features lovely mature oaks, ocean views, and it is ready to build with upgraded underground utilities and water service from Canada Woods Water Company. Come realize your dream home and enjoy the tranquility of this gated community, while living in proximity to acclaimed restaurants, wineries, Carmel-by-the-Sea shopping, beaches, hiking, biking, and the world-class golf courses of the Monterey Peninsula.
The Chappell House, a charming historic property, stands as a testament to craftsmanship and community. Constructed circa 1939 by James A. "Jim" Chappell and his wife, Mary, this unique triplex offers a glimpse into the past. The Chappell House stands as a living legacy triplex that weaves together family ties, architectural excellence and the allure of coastal views. Its walls echo stories of collaboration, love and the enduring beauty of Monterey. This unique property offers an upstairs unit with two bedrooms and one bathroom with spectacular views of the Monterey Bay and Santa Cruz. Imagine waking up to breathtaking vistas every morning! The downstairs separate units offer one bedroom, and one studio with one bathroom each. The Chappell House can be purchased separately for $2.8 million. 786 Pine Street. (APN#001-123-023-000) can be purchased for $3 million. This property offers three (3) bedrooms and two (2) bathrooms. Beautiful expansive views as well. A retreat that combines comfort with breathtaking scenery. Additionally, 786 1/2 offers three (3) one-bedroom, one-bath units (Reconstructed in 2008). Ideal for additional investor income and/or multi generational use. 6 blocks to Canary Row, Monterey Bay Aquarium. Once in a lifetime opportunity awaits you!
2 bedroom house plus a detached studio (ADU) on a predominantly level 1/2 acre parcel. This is a rare find in a highly desirable location in a serene wooded setting located in the sunbelt of Monterey! Great opportunity to live in one unit and rent the other, or rent both units. Large lot offers privacy, ample parking and room to grow. Located off Josselyn Canyon Road accessed by a private road named Quail Hill Drive. Less than a 10 minute pleasant drive to downtown Monterey. The roof on the 2-bedroom house is less than 1 year old according to Seller. The ADU needs TLC. This property is Ideal for one who has a vision for the future buildout of this rare find. Measurements of parcel & 2 bedroom house were obtained by county records. Agent did not measure parcel nor dwellings. PLEASE DO NOT DISTURB TENANTS.
Build your dream estate on top of the world in Bay Ridge. Ocean views from Asilomar around the entire Monterey Bay coastline. Beautiful weather, plans for over 12,000 square feet main/guest house design. 10+ garage for the car aficionado. This lot includes four Cal Am water meters installed. Exclusive gated community in Bay Ridge - Monterey.
This adorable cottage, originally the carriage house to the neighboring property, is now a quaint office/professional building with loads of charm. The original building was expanded to increase ground floor square footage as well as a second floor. The expansion of the building followed the existing A-frame cottage design. Step into the main lobby to soaring open beam ceilings and a beautiful fireplace. Off of the lobby area on the main floor is a hallway to 3 exam rooms, restroom, and closet. The second floor has two rooms and a bathroom and offers ocean views and can be accessed from the main building interior or exterior stairs. Currently Zoned Commercial Office (CO) which according to the City of Monterey does allow for a residential use with a Use Permit, so if a buyer wanted to use the property as a home, they may, but they would need to apply to the City and be approved for a Use Permit - Buyer to satisfy themselves as to the ability to convert to a residential use with the City directly. All of this sits on a street to street lot - parking on both sides of the property as well as off-street parking. Located mid way between Del Monte Shopping Center and downtown Monterey walk to the movies, restaurants, shopping, wharf, beach, harbor, etc.
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.
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. Upgraded, 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. Conceptual plans prepared by Michael Davis, of D&Z Design Associates, for a single-story, Western Farmhouse style home comprised of a 3,290 sf main living area, four-car garage, 960 sf ADU and secluded 328 sf eagles nest/office/art studio with beautiful mountain, forest and water views. The owner has spent thousands on preliminary planning and development, so you save time and money. Social membership to the 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.
Rare Landmark freestanding building in the heart of downtown Monterey with pull up parking which is very rare in Downtown Monterey. 7873 SF of Retail and office. Seller will consider financing with 20% down and approved financials. Steps to Trader Joes and Fisherman's Wharf, surrounded by 1500 Hotel Rooms and across the street from the Monterey Public Transport hub making it easily accessible by visitors and public transportation. Boasting a walk score of 90 and bike score of 80. After 40 years as the local pharmacy destination the building is vacant - perfect for a single tenant or split the ground floor for 2 retail users and use the existing water credits for apartment on the second floor. Proforma rents as a single tenant result in a 5% Cap
Open House:
Sunday, 11/17 1:00-4:00PM
Opportunity for 1031 Exchange! Here is a seldom opportunity to purchase this large mediterranean estate located in very prestigious area of Monte Regio Peters Gate in Monterey. This unique estate features seven spacious bedrooms complete with ensuite bathrooms and personal thermostats for each of the occupants, allowing privacy. Its floor plan comprises three different entrances and three courtyards thus its use is quite flexible. Presently it is an operating Recovery Home with several leaseholders licensed by the City of Monterey. However, it also holds exceptional potential as a high-end private residence.
Former home of Ave Maria Convalescent Hospital, this extraordinary facility is ready for transitioning. Resting on 6+ acres in a forested setting in Monterey, California, this unique property is centrally located in the sunbelt and consists of six separate structures: two patient/administrative buildings with 49 beds, housing for on-site manager, food storage/walk-in freezers, 4-car garage with workshop and storage casita. Included in this Ave Maria offering, there is a reception area, administrative offices, employee break room, commercial kitchen, two laundry areas, large basement and two activity rooms. With over 21,000 sq ft under roof and a lighted parking lot consisting of 32 parking spaces, a property with these attributes is rarely available in Monterey and deserves a place in your portfolio.
Location..Square footage..Interior amenities..Views and access to dowtown & freeway travel ! These are the ingredients to an exceptional multi-tenant office building ready for Owner-User purchase. Long term tenants with long term leases occupy floors 1 & 2. Third floor is now available for additional tenants or owner use. Overlooking the magnificent Lake El Estero, this creation satisfies ambiance and investment requirements. Expansive covered parking for employees & clients and situated only minutes from the marvelous city of Monterey. Both 2d and 3rd floors have private decks and present the floor to ceiling windows designed to create an exceptional atmosphere. The full solar package has eliminated electrical expenses, benefitting the owner & ecology alike. 28 total rooms give an enormous degree of flexibility in use. POSSIBLE RESIDENTIAL CONVERSION available. Total of 6 full bathrooms plus kitchen areas are further highlights of this fabulous opportunity to both own and use this marvelous property as a springboard to your next productive financial adventure. An impressive cap rate and solid income generation history makes this a natural selection for your purchase agenda. Zoned R-3-6-AP available for residential conversion on the 3rd floor of approx. 3600 square feet.
This is a 2560 SF 2-story commercial condo in a 3-unit building, set in the Ryan Ranch Business R/D Industrial Park, located in Monterey. It is set up currently with a reception area & 2 classrooms with projector set up on the 1st floor. There are 4+ offices on the 2nd floor. The building was formerly a radio station, and still has padded walls for soundproofing in the offices & racks for electronic equipment on the 2nd floor. The facility would make a great recording studio as well as a traditional office facility with classrooms. The Unit C Entrance is on the left side of the main building with a park-like setting of trees. There are 2 general parking lots adjacent to the building. The unit also has 3 exclusive-use parking spaces plus use of the public parking. The Building Association fee is $180/mo. for landscaping, trash, recycling. The price has a great price reduction, $332/SF
Rare opportunity to own well performing historic building at the start of main street w/ private parking. Many long term tenants. Tenants include Super Cuts & Pacific Valley Bank. Special historic property. The former Home of CA GOVERNOR ALVARADO - A native of Monterey, Alvarado served as Governor of Mexican California from December 20, 1836 to December 20, 1842. Building is 100% occupied with long term tenants, some may be below market.
The median home value in Monterey, CA is $955,000. This is higher than the county median home value of $764,900. The national median home value is $338,100. The average price of homes sold in Monterey, CA is $955,000. Approximately 32.14% of Monterey homes are owned, compared to 59.11% rented, while 8.76% are vacant. Monterey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monterey real estate agent to arrange a tour today!
Monterey, California has a population of 30,014. Monterey is less family-centric than the surrounding county with 32.5% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Monterey, California is $85,365. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Monterey is 37.4 years.
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.6 degrees. The average rainfall is approximately 18.2 inches per year, with 0.1 inches of snow per year.