11 months on rocket

Sale Pending

1014 Monterey Salinas Hwy, Salinas, CA, 93908

$5,500,000

5 Bedrooms
5 Full Baths, 2 Partial
4,090 SqFt
$1,345/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingGuest
Attached Garage2 spaces
Year Built1941
HeatingForced Air
CoolingNone
FireplaceGas Starter
ViewCanyon, Park, Mountain(s), Valley
MLS #ML81928543
Lot Size50.00 Acres
StatusSale Pending
(Pending)

About 1014 Monterey Salinas Hwy

1014 Monterey Salinas Highway is a once in a generation opportunity. With a beautiful home spanning 4,000+ ft and 50 acres of land, minutes from Monterey, Carmel, Pebble Beach, Salinas, and the Monterey Airport, Villa Munras is one of a kind. The property abuts over 150 acres of non-profit owned land to the East and another horse property to the West, providing perfect privacy. The expansive Spanish home embraces timeless style with a contemporary approach, as every bedroom enjoys an ensuite bathroom, while still having 2 powder rooms for guests. The remodeled kitchen is complemented with high end appliances, natural light, and easy access to the backyard entertaining space with pool. With 8 stalls in two barns, grain storage and several amply sized pastures, the grounds have been designed to accommodate a number of horses on the property. It is hard to imagine a property more geared for equestrian life with such direct access to convenience.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 1
  • Living Area: 4,090 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (831) 318-0150
  • Listing Agent: Dillon Staples

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Warming Drawer
  • Flooring Type: Tile, Wood
  • Interior: Utility Room, Walk-In Closet(s), Workshop
  • Fireplace: Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Canyon, Park, Mountain(s), Valley

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Guest

Lot Features

Lot Information:

  • Lot: Corners Marked, Rolling/Hilly, Secluded
  • Lot Size: 50.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Salinas High School, Public District Grades 9-12
  • San Benancio Middle School, Public District Grades 6-8
  • Washington Elementary School, Public District Grades 4-5
  • Toro Park Elementary School, Public District Grades KG-3

Other

Directions Information:

  • Directions: Cross Street: N/A

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000
  • Price Per SqFt: $1,345/SqFt

Tax Information:

  • Annual Amount: $5,649
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salinas, CA.

Med. Sold Price

$734.9K

Med. Price/SqFt

$464

Avg. Days On Market

29

# of Sold Homes

54

1014 Monterey Salinas Hwy vs Salinas

346 DAYS ON ROCKET

+317 Days

$5,500,000

+$4.7M More

$1,345/SqFt

+$880 More

KEY TAKEAWAY

This property is $4.7M more than the Median Sold Price and $880/SqFt more than other homes in Salinas, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81928543

Listing Office:

  • Office Name: Compass
  • Office Phone: (831) 318-0150
  • Listing Agent: Dillon Staples

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,649$522,023
2020$5,524$516,672
2019$5,382$506,542
2018$5,462$496,610
2017$5,462$486,873

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1970895
9
/10
  • Toro Park Elementary School

  • 43 San Benancio Rd

  • 3.03 miles

  • Public District Grades KG-3

Middle School

school-card-donut-1970896
8
/10
  • San Benancio Middle School

  • 43 San Benancio Rd

  • 3.03 miles

  • Public District Grades 6-8

school-card-donut-1970897
8
/10
  • Washington Elementary School

  • 340 Corral De Tierra Rd

  • 3.20 miles

  • Public District Grades 4-5

High School

school-card-donut-1970898
5
/10
  • Salinas High School

  • 726 S Main St

  • 9.24 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $147,222. The most common annual income of people living in Salinas, CA is $200k+. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1014 Monterey Salinas Hwy

What is the listing price of this property?

The listing price of 1014 Monterey Salinas Hwy property is $5,500,000.

What type of property is this?

The property 1014 Monterey Salinas Hwy is a house located in Salinas, California, 93908.

Is this property for sale now?

Sale Pending: 1014 Monterey Salinas Hwy is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1014 Monterey Salinas Hwy are:
Toro Park Elementary School: GreatSchools Rating 9/10
San Benancio Middle School: GreatSchools Rating 8/10
Washington Elementary School: GreatSchools Rating 8/10
Salinas High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,649 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1014 Monterey Salinas Hwy has 5 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 1014 Monterey Salinas Hwy is 4,090 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1014 Monterey Salinas Hwy is 1941.
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Rocket HomesCaliforniaMonterey CountySalinas939081014 Monterey Salinas Hwy

This home is located at 1014 Monterey Salinas Hwy in Salinas, CA and zip code 93908. This 4,090 square foot home, which was built in 1941, sits on a 50.00 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 17, 2023 and is currently priced at $5,500,000.

Salinas, CA housing market in March 2024 saw over 25 listings sold above listed price, more than 9 sold at listed price and over 18 sold below. The number of listings in Salinas, CA increased by 13.9% between February 2024 and March 2024. Listings spent 29 days on the market in March 2024, and had a median list price of $734,933 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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