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Legacy Real Estate Inc
6 MADISON ST, Monterey, CA 93940
- $115,000
Listed by Gina Hinds, 831-233-2228 from CENTURY 21 Masters
(If provided) CoList: from
Sold listing courtesy of The Ruiz Group from GYV26
- Sold Price
- $115,000
- List Price
- $125,000
- Closing Date
- Dec 04, 2025
- MLS#
- ML81966560
- Status
- SOLD
- Zoning
- R1
- Lot Size
- 8,000
- Neighborhood
- Downtown/Fisherman Wharf
Property Description
Build your dream home in one of Monterey's most peaceful, tree-lined neighborhoods. Nestled among mature oaks and surrounded by natural beauty, this serene parcel offers a truly special canvas for your future vision. Imagine waking each morning to birdsong and glimpses of deer roaming through the area, in the kind of tranquil setting that defines the Monterey lifestyle. This undeveloped lot is suited for those seeking to build a custom home, private retreat, or investment property. Zoned R1-R6, the lot provides flexibility for development, and preliminary information suggests it may qualify under SB9 for a lot split, allowing for two single-family residences plus accessory dwelling units (ADUs)a valuable opportunity for multi-generational living or income potential. Buyers are encouraged to verify all development possibilities with the City of Monterey. There is currently no water meter or water service on the property, and per city guidance, obtaining a water permit may take years. A bid has been attached to disclosures to build the road. This property is ideal for a forward-thinking buyer, long-term investor, or visionary homeowner willing to navigate the timing challenges in exchange for a chance to build in a truly special location. Full detailed disclosure packet on MLS.
Additional Information
- Acres
- 0.18
- Development Status
- Improvements - None, Other
- Fence
- None
- Lot Description
- Grade - Mostly Level, Stream - Seasonal
- Lot Size
- 8,000
- Neighborhood
- Downtown/Fisherman Wharf
- Other Utilities
- None / No Utilities
- Parcel Access
- Paved Road
- Present Use
- Bare Land, Vacant, Other
- Sewer
- Sewer Available
- Unincorporated Yn
- Yes
- Zoning
- R1
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