11827 Saddle Road, Monterey, California 93940, Monterey, 93940 - 3 bed, 3 bath
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Monterey, California 93940
This Custom Monterey Sunbelt Estate is listed at $1,995,000, representing a stable purchase aligned with its $1,970,984 Fair Market Value. Boasting a Fair Condition Rating, the residence is exceptionally well-maintained but offers significant potential for cosmetic modernization to meet contemporary luxury standards. The property features an expansive 984 sq. ft. deck with sweeping Monterey Bay views on a private 1.83-acre gated lot in Bay Ridge. With access to the top-rated Carmel High School (9/10), this home balances prestigious privacy with long-term lifestyle value. It is an ideal match for Luxury Homebuyers or Owner-Occupants seeking a serene coastal retreat.
Property is moderate renovation needed.
Built in 1988, this property is exceptionally well-maintained and move-in ready, but it aligns with the 'fair' criteria as it is over 20 years old without a recent comprehensive renovation. The kitchen features dated white appliances, older cabinetry, and a butcher block island that reflect styles from 15-25 years ago. While the hardwood floors and overall structure appear to be in good condition due to regular upkeep, the bathrooms and interior fixtures show signs of being outdated compared to current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 79715, living area = 3061.
High School: Carmel High School (9/10).
The property features an impressive 984 sq. ft. deck that maximizes the commanding valley vistas and Monterey Bay peeks, offering a premier space for entertaining.
Built in 1988, the home may require cosmetic updates and modernization to its original finishes to meet the expectations of today's luxury buyers.
While the area is served by some high-performing schools, the proximity to several lower-rated institutions may be a concern for families prioritizing education.
Tucked behind the private gates of Bay Ridge, this custom-built Monterey sunbelt estate offers exceptional privacy, commanding views, and elevated indoor-outdoor living. Set on a beautiful approx. 1.83 acre parcel, the residence spans approx. 3,061 sq ft with 3 bedrooms and 2.5 bathrooms, thoughtfully designed for both comfort and sophistication. Bright, light-filled living and dining spaces showcase sweeping valley vistas with peeks of Moss Landing and Monterey Bay, creating a dramatic yet serene backdrop. The spacious kitchen features an island and breakfast nook, seamlessly blending everyday functionality with effortless entertaining. A generous primary suite serves as a private retreat, while hardwood and carpet flooring add warmth and elegance throughout. Outdoor living is elevated by an impressive approx. 984 sq ft deck, ideal for sunset gatherings or quiet moments overlooking the landscape. Additional highlights include low-maintenance landscaping, a 3-car garage, and a peaceful gated setting just minutes from world-class golf, beaches, shopping and dining. A rare opportunity to enjoy the all Carmel, Pebble Beach, Pacific Grove and Monterey have to offer while enjoying a home with space, sun, and scenery in one of Monterey's most secure and coveted neighborhoods.
No exterior & parking available.
Grades 4-5 • 2.5 mi
Grades K-5 • 4.8 mi
Grades K-3 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 3,061 | 1,989 | 83% |
| Lot Size | 79,715 | 6,800 | 97% |
| Price | $2.00M | $1.19M | 80% |
| Price per sq ft | $652 | $660 | 47% |
| Built year | 1988 | 1962 | 80% |
| HOA | $240.0 | $0 | 81% |
| Days on market | 72 | 173 | 15% |
Mar 18, 2026
$1,995,000
$2,150,000
-7% Price Drop
Initial Listing
Feb 9, 2026
$2,150,000
Initial Listing
Dec 15, 2005
$1,425,000
Public Record
Feb 13, 1997
$545,000
Public Record
Jun 27, 1995
$560,000
Public Record