
Monterey, California 93940
This Architectural Single Family Residence is a Strong Value Opportunity, listed at $2,259,000—positioned well below the $2,160,701 Fair Market Value by -4%. Featuring a 3,092 sq. ft. layout on a massive 29,185 sq. ft. lot, the home offers a Good Condition Rating with recent upgrades like bamboo flooring and a new garage. Its unique, symmetrical design provides excellent potential for multigenerational living. This property is an ideal acquisition for Owner-Occupants seeking privacy or Buy-and-Hold Investors looking for a unique, forest-enclosed asset in Monterey.
Property is move-in ready.
Although built in 1966, the property is well-maintained and move-in ready with significant recent upgrades including freshly installed bamboo flooring, a brand new garage, and updated 2-zone heating systems. While the kitchen and bathrooms appear to be from a previous renovation cycle (approx. 15-20 years old) based on the tile work and cabinetry, the overall structural maintenance and system improvements meet the 'Good' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29185, living area = 3092.
Custom-designed by Joyce Stevens, the home features a symmetrical layout with a private lower-level entrance, making it ideal for multigenerational living, a guest suite, or a professional home office.
Situated on a massive 29,000+ sq. ft. forest-enclosed lot in the quiet Alta Mesa neighborhood, the property offers a secluded retreat while being less than a mile from downtown Monterey's amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =29185, other record lot size in square feet = 29000. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3092, other record living area = 2978. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With over 210 days on the market and a series of significant price reductions from the original $2.7M listing, the property may face challenges regarding perceived market value or niche architectural appeal.
The assigned public schools, particularly the middle school with a 3/10 rating, may be a deterrent for families prioritizing high-performing educational districts.
Architectural masterpiece in Alta Mesa! Walk less than a half-mile to the farmers markets, theater and shops at Del Monte Center and less than a mile to downtown Monterey. This private retreat in the quiet, forest-enclosed Alta Mesa neighborhood was custom-designed by architect and conservationist Joyce Stevens. Its rooms are arranged symmetrically around a central staircase and take advantage of abundant natural light with 4 skylights and 3 balconies to enjoy the landscape. Thoughtful upgrades include French drains, 2-zone heating, a gas-insert fireplace and advanced security. A 2-car garage was newly added and the facade much improved. There are bamboo floors and lovely wood details throughout. The home is designed for convenient and possibly multigenerational living. The master suite, kitchen, living and dining rooms are on the main level. Downstairs are 3 additional bedrooms and a family room, accessible through a private entrance. The large property provides distance from neighbors and is situated on a rounded corner lot. The grounds are landscaped with drought- and deer-resistant plantings. Abundant foliage includes coastal redwoods, Monterey pines and live oaks.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 3,092 | 1,869.953 |
| Lot Size | 29,185 | 7,748.977 |
| Price | $2.26M | $1.35M |
| Price per sq ft | $731 | $729 |
| Built year | 1966 | 1962 |
| HOA | $0 | $431 |
| Days on market | 250 | 50 |
Jul 26, 2026
$2,259,000
$2,399,000
-6% Price Drop
Initial Listing
Jun 1, 2026
$2,399,000
$2,559,000
-6% Price Drop
Initial Listing
Mar 9, 2026
$2,559,000
Initial Listing
Jan 2, 2026
$2,700,000
Initial Listing
Feb 10, 2020
$1,175,000
Public Record