
Monterey, California 93940
This Architectural Masterpiece is a Strong Value Opportunity, listed at $2,259,000—positioned well below the $2,166,224 Fair Market Value by 4%. Featuring a 3,092 sqft layout with 4 bedrooms, this home offers a Condition Rating of 3, providing a move-in ready space with significant Multigenerational Living potential. The property boasts a large 29,185 sqft lot with wooded forest views. This unique, custom-designed residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, nature-enclosed retreat near the Del Monte Center.
Property is move-in ready.
While built in 1966, the property is exceptionally well-maintained and move-in ready. It features thoughtful system upgrades including 2-zone heating and French drains. The kitchen and bathrooms, while functional and clean, feature dated tile countertops and cabinetry consistent with a 15-25 year old renovation, but the overall interior with bamboo flooring and vaulted ceilings remains in high-quality condition.
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, this architectural masterpiece features a symmetrical layout with four skylights and three balconies that maximize natural light and forest views.
The floor plan is ideal for flexible living, featuring a main-level master suite and a lower level with three bedrooms, a family room, and a private entrance for guests or extended family.
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 259 days on the market and multiple significant price reductions from the original $2.7M list price, the property has faced challenges in securing a buyer at its current valuation.
The assigned middle school has a low rating of 3/10, which may be a deterrent for families prioritizing high-performing public education 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 primary suite, kitchen, living room, dining room 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.Pest Inspection completed with section 1 clearance no fumigation or tented required.The spotless home is a must see.
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 | 2.4 |
| Square foot | 3,092 | 1,795.679 |
| Lot Size | 29,185 | 8,154.071 |
| Price | $2.26M | $1.25M |
| Price per sq ft | $731 | $732 |
| Built year | 1966 | 1961 |
| HOA | $0 | $461 |
| Days on market | 295 | 61 |
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