1364 Skyview Drive, Seaside, California 93955, Seaside, 93955 - 7 bed, 4 bath
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Seaside, California 93955
This Income-Generating Hilltop Estate is a Strong Value Opportunity, listed at $1,695,000—positioned well below the $1,888,781 Fair Market Value by 10%. This valuation gap provides $193,781 in Instant Equity. Boasting a Condition Rating of 3, the property features panoramic Monterey Bay views and a proven $180,000+ annual gross rental income as a successful short-term rental. With 7 bedrooms and contemporary furnishings included, it offers immediate turnkey utility. This is a premier acquisition for Short-Term Rental Investors or Multi-Generational Homeowners seeking a high-yield asset.
Property is move-in ready.
While the structure dates to 1975, the property has undergone a significant contemporary renovation likely within the last 8-10 years to support its use as a high-end short-term rental. The kitchen is updated with white shaker cabinets, stone countertops, and stainless steel appliances. Interior finishes including flooring, recessed lighting, and dual-pane windows appear well-maintained and move-in ready, though the overall age of the core systems prevents an 'excellent' rating without specific proof of a <5 year total overhaul.
Positioned atop the highest hill in Seaside, the property offers rare, unobstructed panoramic views of Monterey Bay, the Pacific Ocean, and the surrounding mountains from multiple rooms.
The property is a highly successful short-term rental with a gross annual income exceeding $180,000 and top-tier ratings, making it a lucrative turnkey investment in a region where such permits are rare.
With 7 bedrooms and over 3,800 square feet of living space, the home is sold fully furnished with contemporary decor, allowing for an immediate transition for either a large family or a rental operator.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
The requirement for the buyer to obtain their own short-term rental permit introduces regulatory uncertainty, as local caps or changing ordinances could impact the property's future income potential.
The presence of two large municipal water towers directly behind the property may detract from the backyard's aesthetic appeal and could be a concern for buyers sensitive to nearby utility structures.
Own one of the very best views in Monterey Bay, as well as one of the most lucrative rental investments in the region! Atop the highest hill in Seaside, its breathtaking panoramic views of the entire bay include the ocean, downtown, and the pastoral mountains of Monterey. A true one of a kind location! Centrally located in the exclusive neighborhood of Mescal Heights, top schools, dining, and entertainment are only 10 minutes away. This spacious home has 7 bedrooms, 2 living rooms, and a large kitchen next to a sunken dining room with a fireplace. 3 bedrooms face the ocean and 2 master bedrooms have ensuite bathrooms. The backyard has multiple seating areas, landscaping, and two light blue water towers behind the property. This is an extremely successful short term rental (STR) with a 2025 gross annual income of over $180,000 and a 4.9/5 rating on Airbnb and 10/10 rating on VRBO. Seaside is one of the few cities that allows STRs, making this a rare and valuable investment. (Buyer must obtain their own rental permit.) This home comes completely furnished with beds, sofas, dining table for 8-10, outdoor furniture, kitchen supplies, and linens.. Decor and artwork reflect a contemporary and relaxed style, and are included in this sale. Come see this crown jewel of the Monterey Bay!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 98% |
| Baths | 4.0 | 2.0 | 98% |
| Square foot | 3,817 | 1,266 | 98% |
| Lot Size | 11,300 | 5,900 | 90% |
| Price | $1.70M | $840.0K | 98% |
| Price per sq ft | $444 | $697 | 10% |
| Built year | 1975 | 1958 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 163 | 2% |
Apr 17, 2026
$1,695,000
Initial Listing
Feb 9, 2016
$879,500
Public Record
Aug 24, 2005
$975,000
Public Record