786 Pine Street, Monterey, CA 93940

$3,000,000 Asking Price

3 beds
2 baths
2,116  sqft
Built in 1992

Welcome to 786 Pine St. in New Monterey, where coastal living meets modern convenience! This charming Craftsman single-family home, rebuild from the ground up in 1992, boasts a unique split-level floor plan spanning 2,116 square feet, offering a comfortable and spacious retreat. Enjoy breathtaking panoramic views of the serene Monterey Bay right from your windows, providing a daily dose of coastal tranquility. Nestled in close proximity to vibrant shops, delectable restaurants, and the renowned Monterey Bay Aquarium, convenience and leisure are at your doorstep. But that's not all this property also features three additional 1 bed 1 bath individual units, meticulously reconstructed in 2008. Whether you're seeking extra income potential as an investor or envisioning a multigenerational haven, this versatile setup caters to your needs. Embrace the allure of passive income while savoring the joys of coastal living. With endless possibilities awaiting, seize the opportunity to make this your new home today! Schedule a private showing to explore the lifestyle and investment potential that awaits you on the Monterey Peninsula. (Combined total sq footage = 3,348)


Features & Amenities

Interior

Appliances:
Dishwasher,Gas Oven,Microwave,Refrigerator
Flooring:
Tile,Wood
A/C:
true, None
Heating:
true, Fireplace(s)
Fireplace:
Living Room, Fireplace

Exterior

Style:
Craftsman
Parking:
Parking spaces: 0

Construction

Roofing:
Composition,Shingle
Windows:
Bay Window(s)
General:
2

Location

Originating MLS:
CRMLS
School District:
Other
County:
Monterey

Lot

Zoning:
R1, 001123023000
View:
Bay,City Lights,Water, View
Fencing:
Wood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS
Buyers Agent Compensation:
2.500

This listing courtesy of:
Coldwell Banker Realty, Daniel Cardenas

About Monterey, CA

Housing

Number of Units
15,767
Median Home Value
$824,536
Median Rent
$1,790

59.42% of housing units are renter occupied.

9.79% are vacant.

Commute

Car
55.78%
Public Transportation
1.30%
Walk to Work
4.44%
Work from Home
36.58%
Other
0.44%

The median travel time to work is 13 minutes.

People

Population
32,988
Median Age
41.50
Median Household Size
2.29

Education

High School
10.52%
Associate’s Degree
9.66%
Bachelor’s Degree
29.10%
Graduate Degree
24.47%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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