Loading...

Monterey, CA, 93940 • New Monterey • Monterey County
0.12 acLot
Waterfront Property
Direct water access
Scenic Views
Bay · Forest/Woods · Ocean
This home is getting attention
Listed 222 days ago · 5 views
Demand and pricing signals for this listing
5 views
People checking out this listing
222 days on market
Established listing
This home ranks in the top 30% of listings most likely to go under contract soon, based on market activity and demand signals.
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
Lot
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.
Based on current rates
Est. 6.50% rate · 30yr fixed · $196,000 loan
Full calculator →Key facts and listing details
4 categories of property features
Market data and value estimates
2 schools rated nearby
Monterey, CA, 93940
4 events
25 years of records
Local context around this listing
Monterey, CA • Monterey County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information from the MLSListings MLS as of 2026-04-08 06:59:36 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
No obligation · Same-day response