With one of the best views possible in Shepherds Knoll, this corner penthouse unit offers mesmerizing views, including the beach and curvature of the Monterey Bay, the bell tower of the Navy Postgraduate School, fairways of Del Monte Golf Course, airport take-offs and landings, the rolling hills of old Fort Ord and the mountains overlooking Salinas Valley to Fremont Peak. Facing east with corner windows to the south, the morning sunrise and early afternoon light give way to the twinkling lights of Monterey at night. One of only 10 penthouse corner units in the complex, there is a spacious great room with a high vaulted ceiling for living, dining and relaxing delight, along with three bedrooms, three full baths, plenty of storage and an in-unit laundry area. Carport parking and a private garage are close by.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1982
Stories: 1
Living Area: 1,929 SqFt
Listing Office:
Office Name: Carmel Realty Company
Office Phone: (831) 622-1000
Listing Agent: Jamal Noorzoy
Interior Features
Interior Information:
Appliances: Double Oven, Refrigerator
Flooring Type: Carpet, Laminate, Tile
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
View: Bay, City Lights, Park, Ocean, Water
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Covered, Carport, Gated
Virtual/3D Tour
3D Tour: 40 Shepherds Knl
3D Tour
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
School Info
Assigned Schools Information:
Monterey High School, Public District Grades 9-12
Walter Colton, Public District Grades 6-8
Monte Vista, Public District Grades KG-5
Other
Directions Information:
Directions: Cross Street: Scenic (17 Mile Drive)
Price Information
Listing Price Info
Price Summary:
List Price: $1,250,000
Price Per SqFt: $648/SqFt
HOA Fees:
Amount: $802
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Monterey, CA.
This property is $209.5K more than the Median Sold Price and $87/SqFt less than other homes in Monterey, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81961221
Listing Office:
Office Name: Carmel Realty Company
Office Phone: (831) 622-1000
Listing Agent: Jamal Noorzoy
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: 5/3/2024, 12:55:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,108
Per Month
Principal & Interest
$6,239
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$802
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,814
Powered By
Advertisement
NMLS#3030
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
6
/10
Monte Vista
251 Soledad Dr
Distance between this listing and this school0.64 miles
Public District Grades KG-5
Middle School
4
/10
Walter Colton
100 Toda Vista Dr
Distance between this listing and this school0.81 miles
Public District Grades 6-8
High School
7
/10
Monterey High School
101 Herrmann Dr
Distance between this listing and this school1.21 miles
Public District Grades 9-12
Assigned Schools
6
/10
Monte Vista
251 Soledad Dr
Distance between this listing and this school0.64 miles
Public District Grades KG-5
Nearby Schools
7
/10
La Mesa Elementary School
1 La Mesa Way
Distance between this listing and this school1.98 miles
Public District Grades KG-5
6
/10
Forest Grove Elementary School
1065 Congress Ave
Distance between this listing and this school2.22 miles
Public District Grades KG-5
Assigned Schools
4
/10
Walter Colton
100 Toda Vista Dr
Distance between this listing and this school0.81 miles
Public District Grades 6-8
Nearby Schools
5
/10
Monterey Bay Charter
1004 David Ave
Distance between this listing and this school1.95 miles
Public Charter Grades KG-8
7
/10
Pacific Grove Middle School
835 Forest Ave
Distance between this listing and this school2.35 miles
Public District Grades 6-8
Assigned Schools
7
/10
Monterey High School
101 Herrmann Dr
Distance between this listing and this school1.21 miles
Public District Grades 9-12
Nearby Schools
9
/10
Carmel High School
3600 Ocean Ave
Distance between this listing and this school1.78 miles
Public District Grades 9-12
8
/10
Pacific Grove High School
615 Sunset Dr
Distance between this listing and this school2.13 miles
The neighbors living near this home have an average income of $113,274. Residents of Monterey, CA typically earn between $100k-200k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 40 Shepherds Knl
What is the listing price of this property?
The listing price of 40 Shepherds Knl property is $1,250,000.
What type of property is this?
The property 40 Shepherds Knl is a condo located in Pebble Beach, California, 93953.
Is this property for sale now?
Active Listing: 40 Shepherds Knl is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 40 Shepherds Knl are: Monte Vista: GreatSchools Rating 6/10Walter Colton: GreatSchools Rating 4/10Monterey High School: GreatSchools Rating 7/10
How many bedrooms and bathrooms does this property have?
The property at 40 Shepherds Knl has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 40 Shepherds Knl is 1,929 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 40 Shepherds Knl is 1982.
This home is located at 40 Shepherds Knl in Pebble Beach, CA and zip code 93953. This 1,929 square foot home, which was built in 1982, sits on a 0.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $1,250,000.
In April 2024 more than 13 listings in Monterey, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Monterey, CA increased by 35.8% between March 2024 and April 2024. Listings spent 47 days on the market in April 2024, and had a median list price of $1,040,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.