
Monterey, California 93940
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,949,000—positioned well below the $2,011,068 Fair Market Value by 3%. This valuation gap provides $62,068 in Instant Equity. While the home maintains a Condition Rating of 4, its 1989 construction offers a solid foundation for cosmetic modernization. Featuring a Primary Suite with Deck and Monterey Bay Views, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a prime Skyline Ridge location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14 Stratford Place Subject 4 bd · 3 ba · 3,177 sqft · $633 | $1,949,000* List Price | 4 | 3 | 3,177 | $633 | - |
A 4 Sommerset Vale Sold 4 bd · 4 ba · 3,340 sqft · $621 · 0.2 mi | $2,075,000 | 4 | 4 | 3,340 | $621 | 0.2 mi |
B 7 Stratford Place Sold 3 bd · 3 ba · 2,730 sqft · $714 · 0.1 mi | $1,949,000 | 3 | 3 | 2,730 | $714 | 0.1 mi |
C 9 Sommerset Sold 3 bd · 4 ba · 2,563 sqft · $763 · 0.2 mi | $1,955,000 | 3 | 4 | 2,563 | $763 | 0.2 mi |
D 791 Toyon Dr. Sold 3 bd · 3 ba · 2,400 sqft · $725 · 0.2 mi | $1,739,000 | 3 | 3 | 2,400 | $725 | 0.2 mi |
E 1 Greenwood Way Active 4 bd · 3 ba · 2,625 sqft · $646 · 0.5 mi | $1,695,000 List Price | 4 | 3 | 2,625 | $646 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this 37-year-old home is well-maintained but significantly dated. The kitchen and bathrooms feature original oak cabinetry, floral-patterned tile countertops, and older lighting fixtures that exceed the 30-year mark. While the home is functional and move-in ready, it requires aesthetic updates and likely system evaluations due to its age.
Situated at the top of a cul-de-sac in the prestigious Skyline Ridge community, this property offers exceptional privacy and proximity to Pebble Beach, downtown Monterey, and world-class golf courses.
The 3,177 sqft floor plan features a desirable main-level primary suite and a three-car garage, providing a versatile living arrangement that accommodates multi-generational families or frequent guests.
The home is designed to capture the surrounding natural beauty, featuring a private deck off the primary suite with views of Monterey Bay and large windows that provide abundant natural light throughout.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11760, other record lot size in square feet = 11900.
The assigned middle school, Walter Colton, currently holds a lower performance rating (3/10), which may be a concern for families prioritizing high-ranking public education.
Built in 1989, the property may require cosmetic updates or system modernizations to fully meet the contemporary luxury standards expected at the nearly $2 million price point.
At the top of a cul-de-sac in Monterey's coveted Skyline Ridge sits this incredible and spacious family home, where new memories are waiting to be made. A circular cobblestone driveway leads you through delightful landscaping to an easy front-door entrance. Walking in, you will notice all the natural light streaming through the trees, creating a light and bright ambiance throughout the home. A formal living room with a prominent fireplace and a classic dining room add to the appeal, perfect for big family gatherings and entertaining. The large and inviting kitchen features a generous island with a cooktop and opens to the dining area and spacious family room with a fireplace, creating a wonderful space for everyday living and dinner conversations. The huge primary suite and bath are on the main level and have access to their own deck to take in the beautiful surrounding scenery Monterey Bay has to offer. Downstairs, you'll find three generously sized bedrooms, all with access to the amazing lower-level deck. This level also includes a full bathroom, storage, and access to the three-car garage. Truly a wonderful place to call home in one of Monterey's finest communities, located near downtown, Community Hospital of Monterey, shopping, Pebble Beach, golf, and entertainment.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 3,177 | 1,795.679 |
| Lot Size | 11,760 | 8,154.071 |
| Price | $1.95M | $1.25M |
| Price per sq ft | $613 | $732 |
| Built year | 1989 | 1961 |
| HOA | $0 | $461 |
| Days on market | 23 | 61 |
Oct 1, 2026
$1,949,000
Initial Listing
Apr 22, 1998
$695,000
Public Record
Jun 19, 1996
$565,000
Public Record