
Monterey, California 93940
Here is your once-in-a-lifetime chance to own a premium lot in the gated community of Halcyon Heights. Located in the sunbelt of Monterey, this property is a contractor's dream. The entire Monterey Peninsula spreads out before you: Pasadera's fairways stitched green through the oaks, the Laguna Seca hills rolling golden behind them, and Monterey Bay spread out in sparkling blue beyond it all. A barrel-curved roofline carries a ribbon of high glass above the entry. Inside, ceilings vault to a peak, and corner windows pull the canyon right into the living room. Push open the door and step onto a deck that wraps the panoramic view. The kitchen takes extra light from skylights two stories up, and the cooktop window frames the Pacific Ocean while you prepare your favorite meals. Bedrooms vault and glow in the sunshine. Morning pours through the skylight over the primary bath. Hardwood runs through the main living spaces, and the light in each room is beautifully bewitching. Bring your vision and transform this diamond in the rough into the coastal retreat it was born to be. The bones are all there. Whether you're an investor, developer, or discerning buyer ready to build equity, this is the coastal foothold you have been awaiting.
Property is extensive renovation needed.
Built in 1988 (36 years old) and explicitly described as a 'contractor's dream' and 'diamond in the rough,' indicating the home requires a full rehab rather than minor updates. The age of the structure and systems exceeds 30 years without evidence of renovation, and the listing emphasizes 'bones' and 'equity building,' typical for properties needing significant interior and system overhauls.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 2318.
The property offers breathtaking, unobstructed views of Monterey Bay, the Pacific Ocean, and the rolling Laguna Seca hills, visible from the wrap-around deck and expansive windows.
With unique features like a barrel-curved roofline, vaulted ceilings, and abundant skylights, the home provides a sophisticated structural foundation for a high-end custom renovation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43560, other record lot size in square feet = 43661.
Marketed as a 'diamond in the rough' and a 'contractor's dream,' the property requires significant investment and vision to address its current condition and realize its full value.
The assigned middle school has a low rating of 3, and most local schools are located several miles away, which may be a deterrent for families prioritizing educational proximity and performance.
No exterior & parking available.
Grades 4-5 • 3.1 mi
Grades K-5 • 4.9 mi
Grades K-3 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 2,318 | 1,795.679 |
| Lot Size | 43,560 | 8,154.071 |
| Price | $1.45M | $1.25M |
| Price per sq ft | $623 | $732 |
| Built year | 1988 | 1961 |
| HOA | $250.0 | $461 |
| Days on market | 19 | 61 |
Oct 5, 2026
$1,445,000
Initial Listing