
Monterey, California 93940
This Stunning Custom Estate is a Strong Value Opportunity, listed at $3,850,000—positioned well below the $4,016,613 Fair Market Value by 4%. This valuation gap offers $166,613 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this 2015-built home offers a resort-like lifestyle with a custom pizza oven, spa, and panoramic golf course views. With high-end tech like Lutron lighting and solar panels, it is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a turnkey, high-privacy sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 706 Tesoro Road Subject 3 bd · 5 ba · 4,462 sqft · $900 | $3,850,000* List Price | 3 | 5 | 4,462 | $900 | - |
A 423 Estrella Doro Active Under Contract 4 bd · 6 ba · 5,296 sqft · $830 · 0.2 mi | $4,395,000 List Price | 4 | 6 | 5,296 | $830 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2015 and recently updated, this estate is in mint condition. It features modern high-end systems including Lutron lighting, solar panels, and A/C. The kitchen and baths are designer-quality, and the outdoor amenities like the pizza oven and spa are contemporary and require no maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31363, living area = 4462.
The estate features an exceptional outdoor oasis including a custom kitchen with a pizza oven, a spa, a waterfall, and lush landscaping that maximizes the golf course and mountain views.
Built in 2015, the home is equipped with high-end modern amenities such as solar panels, Lutron lighting, A/C, and a three-car garage with high ceilings, ensuring efficiency and comfort.
Despite the expansive square footage, the home only offers three bedrooms, which may be a drawback for larger families or buyers requiring more dedicated sleeping quarters.
The property is located several miles from local schools, and the assigned high school has a lower rating (5/10) compared to the highly-rated elementary and middle schools in the area.
Pasadera at its best! This tastefully updated single-level custom estate offers a resort-like atmosphere inside & out! Featuring exceptional privacy, a versatile floor plan, 12 ft ceilings & lush, mature landscaping, this one is a 10+! A spacious primary retreat with dual closets, a two-sided fireplace, sitting area & serene outlooks beckons for relaxation. Additional highlights include a fabulous entertainment kitchen, two en-suite bedrooms, private office & media room. Lutron lighting & custom chandeliers, A/C, two built-in wine refrigerators & wet bar, security system, solar panels, plus a three-car garage with high ceilings, all enhance this estate's modern qualities. Multiple outdoor gathering areas include a custom kitchen with pizza oven, pergola, built-in firepit & a stunning spa with captivating views. Graceful pathways, a striking waterfall, custom dry creek bed, roses, flowering shrubs, and fruit & olive trees create a tranquil & beautiful setting for indoor-outdoor living.
No exterior & parking available.
Grades 4-5 • 4.3 mi
Grades K-3 • 5.0 mi
Grades 6-8 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 5.0 | 2.4 |
| Square foot | 4,462 | 1,795.679 |
| Lot Size | 31,363 | 8,154.071 |
| Price | $3.85M | $1.25M |
| Price per sq ft | $863 | $732 |
| Built year | 2015 | 1961 |
| HOA | $250.0 | $461 |
| Days on market | 17 | 61 |
Oct 7, 2026
$3,850,000
Initial Listing
Dec 1, 2015
$2,320,000
Public Record
Feb 25, 2005
$630,000
Public Record
Jan 14, 2000
$545,000
Public Record