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Sold for $1,000,000 on 04/06/23
  • $1,000,000

    7548 Monterra Ranch Rd, Monterey, CA 93940

    --beds
    --baths
    3.22Acres
    Residential Lot, Unimproved Land
    Built in ----
    3.22 Acres Lot
    $1,424,400 Zestimate®
    $--/sqft
    $4,878 Estimated rent

    Home value

    $1,424,400

    $1.03M - $1.92M

    $4,878/mo

    Zestimate® history
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    $4,878/mo

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    $6,066/mo

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    $6,066/mo

    Est. payment

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    What's special

    Nestled on a 3.22 acre lot with paver driveway, auto court and mature landscaping, this re-build opportunity has plans by local architect Eric Miller for a stunning modern masterpiece. Plans feature 4,389 sq. ft. of single story living space with efficient gourmet kitchen/dining combo and great room, living room, primary bedroom retreat, office, media lounge with indoor/outdoor bar that opens to patio area, sun deck, spa, outdoor fire pit feature, shower and attached four car garage with workshop. Included are plans to convert the existing detached two car garage to a one car garage with lift with a 487 sq. ft. accessory dwelling unit. Purchase of this property includes a social membership to Tehama Golf Club where members enjoy fine and casual dining venues, use of the fitness center with pools, spa, tennis/pickle ball courts, exercise room, personal trainers and organized classes. Monterra Ranch is located in a nature-rich community close to all the Monterey Peninsula has to offer.

    Zillow last checked: 8 hours ago

    Listing updated: June 18, 2024 at 04:53am

    Listed by:

    Canning Properties 70010029 831-238-8730,

    Sotheby’s International Realty 831-624-1566

    Bought with:

    Canning Properties, 70010029

    Sotheby’s International Realty

    Source: MLSListings Inc,MLS#: ML81916205MLS Logo

    Facts & features

    Property

    Features
    • Fencing: Partial
    • Has view: Yes
    • View description: Canyon, Forest/Woods, Hills
    Lot
    • Size: 3.22 Acres
    • Features: Gentle Sloping, Sloped Down
    Details
    • Additional structures: Other
    • Parcel number: 259101122000
    • Zoning: RDR
    • Special conditions: Standard

    Utilities & green energy

    • Gas: GasOnSite, NaturalGas, PublicUtilities
    • Sewer: Other, Septic Tank
    • Utilities for property: Natural Gas Available, Public Utilities

    Community & neighborhood

    Location
    • Region: Monterey

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    4/6/2023Sold$1,000,000-68.3%
    Source: MLSListings Inc #ML81916205
    9/8/2020Sold$3,150,000-6%
    Source: MLSListings Inc #ML81791243
    8/7/2020Pending sale$3,349,500
    Source: KW Coastal Estates #ML81791243
    5/4/2020Listed for sale$3,349,500-6.8%
    Source: KW Coastal Estates #ML81791243
    11/21/2019Listing removed$3,595,000
    Source: Sotheby's Int'l Realty-Rancho #ML81752514

    Public tax history

    YearProperty taxesTax assessment
    2025$11,828 +8%$1,040,400 +2%
    2024$10,956 +9.2%$1,020,000 +10.3%
    2023$10,030 +1.4%$924,581 +2%

    Find assessor info on the county website

    Neighborhood: 93940

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MontereyPeninsulaUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.