Rare Development Opportunity with Bay View Potential!** What a value this 5,024 sq ft corner lot in Monterey is zoned for 3-5 units and offers sweeping potential views of Monterey Bay. Plans by architect Clark Watkins for a 3-unit building were originally approved by the City in 2005. Buyers should verify the current status of any prior plans, permits, and water allocation with the City. The propertys last known spot on the water waitlist was #22. The attractive pricing reflects that no water is currently available. An exceptional long-term investment with the chance to build a future income-producing triplex in one of Montereys most desirable locations.
Sold for $245,000 on 08/28/25
$245,000
801 Lyndon St, Monterey, CA 93940
--beds
--baths
5,025Square Feet
Residential Lot
Built in ----
5,025 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,989 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 28, 2025 at 03:17am
Listed by:
The Russell Group 70010200 831-320-0201,
eXp Realty of California Inc 888-584-9427
Bought with:
BambacePetersonTeam, 70010145
Compass
Source: MLSListings Inc,MLS#: ML82005387

Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: Bay, Forest/Woods, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Size: 5,025 sqft
- Features: Sloped Down
Details
- Additional structures: None
- Parcel number: 001186017000
- Zoning: R-3
- Special conditions: Standard
Utilities & green energy
- Gas: GasAvailableatStreet
- Water: None
Community & neighborhood
Location
- Region: Monterey
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan