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Off market
    • $2,821,900

    38525 Highway 1, Monterey, CA 93940

    4beds
    3,009sqft
    SingleFamily
    Built in 1998
    1.59 Acres Lot
    $2,821,900 Zestimate®
    $938/sqft
    $7,828 Estimated rent

    Home value

    $2,821,900

    $2.57M - $3.16M

    $7,828/mo

    Zestimate® history
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    $18,510/mo

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    What's special

    Welcome to the beautiful California coastline, offering views of arguably the most exquisite sceneries in the country. Positioned at what was once Smith Ranch, this John Matthems custom designed home sits above Rocky Creek Bridge overlooking the Pacific Ocean. With plenty of room to enjoy the natural landscape and tranquility of the waves crashing below. Enjoy sunsets to the west or step into the backyard to enjoy your very own garden. Located within close proximity to Highway 1 and only 12 miles south of Rio Road, once you enter the gates you cannot help but enjoy the privacy and calmness of the surrounding nature. Simply put, a true oasis for someone looking to enjoy the beauty of nature and everything the California coastline has to offer.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Refrigerator, Trash compactor
    • Laundry: Tub / Sink, In Utility Room
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,009 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Fencing: Partial Fencing
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 1.59 Acres
    Details
    • Parcel number: 418111003000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • wood frame
    • Roof: Composition
    Condition
    • Year built: 1998

    Utilities & green energy

    • Utilities for property: Propane On Site

    Community & HOA

    Community
    • Security: Security Alarm
    Location
    • Region: Monterey

    Financial & listing details

    • Price per square foot: $938/sqft
    • Tax assessed value: $2,263,362

    Price history

    DateEventPrice
    9/23/2020Sold$2,050,000-14.4%$681/sqft
    Source: Public Record Report a problem
    9/8/2020Pending sale$2,395,000$796/sqft
    Source: Pertria #ML81776183 Report a problem
    7/20/2020Price change$2,395,000-7.7%$796/sqft
    Source: Pertria #ML81776183 Report a problem
    11/22/2019Listed for sale$2,595,000-30.8%$862/sqft
    Source: Pertria #ML81776183 Report a problem
    4/10/2019Listing removed$3,750,000$1,246/sqft
    Source: Alain Pinel Realtors #ML81700302 Report a problem
    4/12/2018Listed for sale$3,750,000-16.7%$1,246/sqft
    Source: Alain Pinel Realtors #ML81700302 Report a problem
    3/16/2017Listing removed$4,900$2/sqft
    Source: Zillow Rental Manager Report a problem
    2/18/2017Listed for rent$4,900$2/sqft
    Source: Zillow Rental Manager Report a problem
    10/22/2016Listing removed$4,500,000$1,496/sqft
    Source: Coldwell Banker Residential Brokerage - Carmel - Northern California #81577483 Report a problem
    5/16/2016Price change$4,500,000-5.3%$1,496/sqft
    Source: Coldwell Banker Residential Brokerage - Carmel - Northern California #81577483 Report a problem
    3/30/2016Listed for sale$4,750,000+1087.5%$1,579/sqft
    Source: Coldwell Banker Residential Brokerage - Carmel - Northern California #81577483 Report a problem
    3/14/1997Sold$400,000$133/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,263,362 +2%
    2025$23,245 +3%$2,218,983 +2%
    2024$22,577 +0.5%$2,175,475 +2%
    2023$22,460 +3.4%$2,132,820 +2%
    2022$21,720 +1%$2,091,000 +2%
    2021$21,505 +1041.9%$2,050,000 +1050.2%
    2020$1,883 +1.9%$178,237 +2%
    2019$1,847 +1.8%$174,743 +2%
    2018$1,815 +2.1%$171,318 +2%
    2017$1,778 +6%$167,960 +2%
    2016$1,677 +0.6%$164,668 +1.5%
    2015$1,667 -2.4%$162,196 +2%
    2014$1,707 $159,020 +2.5%
    2012-- $155,200 +2%
    2011-- $152,158 +0.8%
    2010-- $151,022 -0.2%
    2009-- $151,382 +2%
    2008-- $148,414 +4%
    2006-- $142,653 +2%
    2005-- $139,857 +2%
    2004-- $137,115 +1.9%
    2003-- $134,603 +2%
    2002-- $131,965 +2%
    2001$1,243 $129,379 +2%
    2000-- $126,842
    Find assessor info on the county website

    Neighborhood: 93940

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Carmel Unified

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,821,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,821,900

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