
Monterey, California 93940
This Spacious Coastal Estate is a Prime Investment Opportunity, listed at $2,895,888—positioned well below the $2,983,388 Fair Market Value by 2%. This valuation gap offers $87,500 in Instant Equity. Featuring a Good Condition Rating, the property includes an 8-car garage, a private guest house, and panoramic mountain views. With nearly 2 acres of land, it offers significant potential for multigenerational living. This is an ideal acquisition for Luxury Homeowners or Multi-Generational Families seeking a high-end, flexible coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9505 York Road Subject | $2,895,888* List Price | 5 | 4 | 4,725 | $631 | - |
A 23830 Secretariat Lane Sold | $2,350,000 | 3 | 3 | 3,300 | $712 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1984, this estate is well-maintained and move-in ready. While the kitchen cabinetry retains a more traditional style with exposed hinges, it has been updated with stone countertops and stainless steel appliances. The listing notes newly remodeled bathrooms and fresh updates throughout, elevating the condition from fair to good despite the 40-year age of the structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 78314, living area = 4725.
The estate features a sprawling main residence paired with a private guest house on nearly 2 acres, offering a rare and flexible layout for extended family or long-term guests.
An impressive 8-car garage with double-deep capacity provides a standout feature for car enthusiasts or collectors, which is a significant rarity in the Monterey market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4725, other record living area = 3767. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
While the elementary and middle schools are highly rated, the assigned high school has a lower rating of 5 and is located nearly 10 miles from the property.
Built in 1984, the large 4,725 sqft footprint may require significant ongoing maintenance or further modern updates beyond the recently remodeled bathrooms to meet contemporary luxury standards.
Where Coastal Luxury Meets Private Estate Living! Discover an exceptional estate in Monterey offering privacy, space, and postcard-worthy views. Set on nearly 2 acres, this hilltop retreat features a sprawling main residence paired with a private guest house, creating a rare opportunity for multigenerational living or extended stays. The main home showcases expansive living spaces filled with natural light and seamless indoor outdoor flow to multiple patios, a beautiful gazebo, and outdoor fireplaces perfect for entertaining year round. Newly remodeled bathrooms and fresh updates throughout enhance comfort and style. Retreat to the spacious primary suite with dual walk in closets, and private terrace. A separate office or bonus space with its own entrance adds flexibility. Car enthusiasts will appreciate the impressive 8 car garage with double deep capacity. Enjoy breath-taking views with generous, usable grounds with endless potential! Located just minutes from the beach, Laguna Seca Golf Ranch, scenic trails, Monterey Regional Airport, WeatherTech Raceway Laguna Seca, and near York School, a highly regarded private school known for strong academics. A true rare beauty with a blend of privacy, space, and coastal lifestyle. Come experience it for yourself!
No exterior & parking available.
Grades 4-5 • 4.8 mi
Grades K-3 • 5.7 mi
Grades 6-8 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 4.0 | 2.0 | 83% |
| Square foot | 4,725 | 2,004 | 95% |
| Lot Size | 78,314 | 7,169 | 91% |
| Price | $2.90M | $1.19M | 97% |
| Price per sq ft | $613 | $654 | 38% |
| Built year | 1984 | 1964 | 71% |
| HOA | $1600.0 | $0 | 97% |
| Days on market | 31 | 177 | 2% |
May 6, 2026
$2,895,888
Initial Listing
Jan 15, 2021
$1,900,000
Public Record
Aug 11, 2011
$935,000
Public Record