
Monterey, California 93940
This Stunning Hillside Estate is a Strong Value Opportunity, listed at $3,400,000—positioned slightly above the $3,353,142 Fair Market Value. While the list price reflects a premium, the property offers a Good Condition Rating and exceptional lifestyle assets, including Panoramic Monterey Bay Views and a massive 3.6-acre lot. With 4,851 square feet of living space and private guest quarters, this residence provides a rare, sun-drenched sanctuary above the coastal fog. It is an ideal acquisition for Luxury Homeowners or Multi-Generational Families seeking privacy and prestige.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25548 Paseo De Cumbre Subject | $3,400,000* List Price | 4 | 5 | 4,162 | $806 | - |
A 11142 Saddle Road Active | $2,400,000 List Price | 4 | 5 | 3,790 | $633 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1991, the home features a high-end kitchen and interior renovation likely completed within the last 10-15 years. The property is well-maintained with modern appliances, functional systems, and move-in ready finishes that align with the 'Good' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 156816, living area = 4162.
Situated above the coastal fog line in the gated Bay Ridge community, the home offers rare, unobstructed views of Monterey Bay and the coastline in a sunnier, warmer environment than lower-elevation coastal properties.
Set on a massive 3.6-acre hillside lot, the property features over 4,800 square feet of living space and a three-car garage, ensuring maximum privacy and room for grand-scale entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4162, other record living area = 4851.
The property is located a significant distance from local educational institutions, with the nearest middle and high schools being approximately 8 miles away, which may be a logistical drawback for families.
Built in 1991, the residence may require cosmetic or functional updates to meet the contemporary luxury standards and design preferences expected at the $3.4M price point.
Tucked within the gates of Bay Ridge, this impressive residence occupies a premier hillside homesite offering exceptional privacy and far-reaching views across Monterey Bay, the coastline, rolling countryside, and the glow of city lights after sunset. Encompassing approximately 4,851 square feet, the property includes 4 bedrooms, 4.5 baths, and private guest accommodations above the three-car garage. Formal and casual dining spaces provide flexibility for intimate dinners or larger gatherings, while a gracious living room and separate den/library create distinct settings for entertaining, working, reading, or relaxing. High ceilings and abundant glass fill the interior with natural light and keep the scenery in constant focus. The kitchen and adjoining informal spaces connect easily with the exterior, where generous outdoor entertaining areas create a natural extension of the home for dining, gathering, and enjoying the views. Bay Ridge's elevated location places the property above much of the coastal fog, providing generally sunnier and warmer conditions than areas closer to the shoreline.
No exterior & parking available.
Grades 4-5 • 2.9 mi
Grades K-5 • 5.1 mi
Grades K-3 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.5 |
| Square foot | 4,162 | 1,869.953 |
| Lot Size | 156,816 | 7,748.977 |
| Price | $3.40M | $1.35M |
| Price per sq ft | $817 | $729 |
| Built year | 1991 | 1962 |
| HOA | $240.0 | $431 |
| Days on market | 6 | 50 |
Sep 3, 2026
$3,400,000
Initial Listing
Jul 13, 2021
$2,725,000
Public Record
Jul 25, 2014
$2,000,000
Public Record
Jan 4, 2002
$2,295,000
Public Record