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$ 245,000
$ 289,000 15.2%
Est. payment | /mo
5,025 Sqft Lot
$ 245,000
$ 289,000 15.2%
Est. payment | /mo
5,025 Sqft Lot
Key Details
Sold Price $245,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML82005387
Sold Date 08/28/25
HOA Y/N No
Lot Size 5,025 Sqft
Acres 0.12
Property Sub-Type Unimproved Land
Property Description
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.
Location
State CA
County Monterey
Zoning R-3
Interior
Fireplace No
Exterior
View Y/N true
View Bay
Building
Lot Description Sloped Down
New Construction No
Schools
School District Monterey Peninsula Unified
Others
Tax ID 001186017000
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Listed by eXp Realty of California Inc
Bought with Bambacepetersonteam
Bought with Bambacepetersonteam
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