
Monterey, California 93940
Analysis of 1474 Deer Flat Road, Monterey, California 93940 is currently available with a list price of $2,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Monterey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1976, this home is well-maintained but largely dated. While it features high-end stainless appliances like a Wolf range, the kitchen cabinetry and bathrooms—specifically the blue tile sunken tub and shower—are over 20 years old. The interior finishes, including the carpet and wood paneling, reflect the original era and require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50094, living area = 3562.
Constructed from premium knotless redwood, this mid-century retreat offers a unique blend of warmth and high-end design that is rare and highly desirable in the Monterey market.
The expansive 1.15-acre lot features a lighted tennis court, an outdoor kitchen with a pizza oven, and a wine cellar, providing an exceptional environment for luxury entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3562, other record living area = 3339.
Built in 1976, the property may require updates to its mechanical systems or interior finishes to meet the energy efficiency and aesthetic standards of modern luxury buyers.
The distinct mid-century architectural style and heavy use of natural wood may limit the property's appeal to a specific subset of buyers rather than the broader market.
Architectural Mid-Century Retreat. Built in 1976 from clear, knotless redwood, this home showcases warmth and craftsmanship. Set on 1.15 acres in one of Monterey's most desirable and discreet neighborhoods, this 3,562 sq. ft. residence features expansive open-concept living and dining areas with stunning natural light. A grand foyer and striking central fireplace create an impressive space for both everyday living and entertaining. The generously sized primary suite includes a private sitting room, fireplace, two walk-in closets, and a jetted bathtub. Three additional bedrooms and two full bathrooms provide ample space for family and guests, and a large bonus room with separate entrance offers flexibility for remote work, home gym or other creative uses. Thoughtfully designed outdoor living - large patio with pizza oven, grill and bar area, a private lighted tennis court and basketball hoop, fruit trees and vegetable garden with ideal Monterey sun and climate exposure. Additional features of this property include wine cellar, laundry room, a three-car garage, and unique driveway access to the backyard on both sides of the house. Within minutes to town, golf, and airport. This truly is a special property. A home designed for gathering, celebration, and creating lifelong memories.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 3,562 | 1,989 | 90% |
| Lot Size | 50,094 | 6,800 | 90% |
| Price | $3.00M | $1.19M | 97% |
| Price per sq ft | $841 | $674 | 78% |
| Built year | 1976 | 1962 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 173 | 2% |
Mar 24, 2026
$2,995,000
Initial Listing