$200,000

6 Madison Street, Monterey, CA 93940

  • 8,000 sqft
  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $25/sqft
  • Property List Date Icon Listed 1 year ago

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. Located on Madison Road, 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 independently 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.

Listing Status:
Active
Date Added:
May 21, 2024 at 05:00AM
Listing Office:
Century 21 Showcase Realtors : 831-648-7271
Listing Agent:
Gina Hinds : 831-233-2228
MLS ID:
ML81966560
  • School District: Monterey Peninsula Unified
  • County: Monterey

This listing courtesy of Gina Hinds, Century 21 Showcase Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

La Mesa Elementary School

1 La Mesa Way, Monterey, CA, 93940

Grades KG-5

0.85 miles away

W

Walter Colton

100 Toda Vis, Monterey, CA, 93940

Grades 6-8

2.01 miles away

M

Monterey Peninsula Unified School District Community Day High School

200 Coe Ave, Seaside, CA, 93955

Grades 9-12

1.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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