
Monterey, California 93940
This Single-Family Residence in the gated Pasadera community represents a High-Potential Investment Opportunity, listed at $2,795,000—positioned well above the $2,467,321 Fair Market Value by -13%. While priced at a premium, the estate offers a Condition Rating of 4, featuring high-end architectural details like hand-hewn beams and a Jack Nicklaus signature golf course location. With a 19,166 sqft lot and sophisticated outdoor living, this property is an ideal sanctuary for Luxury Homebuyers or Golf Enthusiasts seeking a prestigious Monterey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 405 Estrella Avenue Subject 4 bd · 4 ba · 3,440 sqft · $699 | $2,795,000* List Price | 4 | 4 | 3,440 | $699 | - |
A 214 Mirasol Way Sold 3 bd · 3 ba · 2,750 sqft · $735 · 0.2 mi | $2,020,000 | 3 | 3 | 2,750 | $735 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (24 years old), the property falls into the >20y category. While exceptionally well-maintained and move-in ready, the kitchen's knotty wood cabinetry and the bathroom's tile work and fixtures are original to the build and dated by modern standards, suggesting a need for aesthetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19166, living area = 3440.
Located in the prestigious Pasadera community, this estate offers high-end security and direct access to the Monterey Peninsula's only Jack Nicklaus signature golf course.
The property features a sophisticated outdoor entertaining area with a flagstone terrace, hand-tiled azulejo fireplace, built-in BBQ, and mature fruit trees.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19166, other record lot size in square feet = 19259. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3440, other record living area = 3353.
While the elementary and middle schools are highly rated, the assigned high school has a lower rating of 5, which may impact appeal for families with older children.
The assigned high school is located approximately 9.5 miles away, representing a significantly longer commute compared to the nearby primary and middle schools.
Here in the gated community of Pasadera, sunshine pools on travertine floors at this single-level estate. By dusk, the sky burns coral and violet, and lantern light flickers across a flagstone driveway leading to two garages. Step through a wrought-iron entry and look up at hand-hewn beams crossing the ceilings. Curved archways beckon you past a great room with floor-to-ceiling bookshelves, into a living room where a stone fireplace foretells cozy hours. The kitchen features knotty wood cabinetry and a six-burner range, while an adjacent breakfast nook opens to the outdoors. There, beneath a pergola, a wide terrace unfurls toward a hand-tiled fireplace, its blue-and-white azulejos glowing under iron lanterns. Succulents spill from raised beds, fruit trees flourish with ripe figs and peaches, and a bird sings somewhere just out of view as you entertain friends beside a built-in BBQ. Later, retreat to the primary suite, where windows frame treetops, and a spa-like bath waits with a soaking tub. More bedrooms, a study, and a light-filled dining room offer room to work, rest, and savor. Enveloped by rolling hills, yet minutes from the coast, this house on the Monterey Peninsula's only Jack Nicklaus signature golf course is an invitation to live beautifully, every hour of the day.
No exterior & parking available.
Grades 4-5 • 4.1 mi
Grades K-3 • 5.3 mi
Grades 6-8 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.4 |
| Square foot | 3,440 | 1,795.679 |
| Lot Size | 19,166 | 8,154.071 |
| Price | $2.79M | $1.25M |
| Price per sq ft | $812 | $732 |
| Built year | 2002 | 1961 |
| HOA | $250.0 | $461 |
| Days on market | 43 | 61 |
Sep 11, 2026
$2,795,000
Initial Listing
Oct 17, 2016
$1,675,000
Public Record
Oct 8, 2014
$1,575,000
Public Record
Apr 3, 2003
$1,475,000
Public Record
Jun 29, 2001
$1,495,000
Public Record