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Off market
    • $2,875,200

    38525 Highway 1, Monterey, CA 93940

    4beds
    3,009sqft
    SingleFamily
    Built in 1998
    1.59 Acres Lot
    $2,875,200 Zestimate®
    $956/sqft
    $7,520 Estimated rent

    Home value

    $2,875,200

    $2.59M - $3.19M

    $7,520/mo

    Zestimate® history
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    Owner options

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    $7,520/mo

    Rent Zestimate®

    Refinance and save

    $17,890/mo

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    $17,890/mo

    Est. payment

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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 off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available 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 & neighborhood

    Security
    • Security features: Security Alarm
    Location
    • Region: Monterey

    Other

    Other facts
    • Amenities Misc.: High Ceiling, Wet Bar, Walk-in Closet, Security Gate, Skylight, Built-in Vacuum
    • Bathroom: Shower over Tub - 1, Tub in Master Bedroom, Stall Shower - 2+, Skylight, Double Sinks, Marble, Master - Tub with Jets, Oversized Tub
    • Dining Room: Formal Dining Room, Breakfast Nook, Breakfast Bar
    • Building Type: Detached
    • Listing Class: Residential
    • Foundation: Concrete Perimeter and Slab
    • Communications: Satellite Dish
    • Garage Parking Features: Attached Garage, Room for Oversized Vehicle
    • Lot Size Area Maximum Units: Square Feet
    • Energy Features: Ceiling Insulation, Double Pane Windows, Skylight
    • Lot Size Area Minimum Units: Square Feet
    • Water: Well - Domestic
    • Fireplaces: Living Room, Wood Burning, Family Room
    • Roof: Composition
    • Flooring: Tile, Hardwood, Carpet
    • Kitchen: Garbage Disposal, Microwave, Trash Compactor, Dishwasher, 220 Volt Outlet, Countertop - Granite, Cooktop - Electric, Island, Oven - Electric, Exhaust Fan, Refrigerator
    • Bedrooms: Ground Floor Bedroom, More than One Master Bedroom on Ground Floor
    • Listing Type: Exclusive Right to Sell
    • Heating: Heating - 2+ Zones, Central Forced Air - Gas, Propane
    • View: Mountains, Ocean
    • Horse Property: Possible
    • Utilities: Propane On Site
    • Construction Type: Wood Frame
    • Security Features: Security Alarm
    • Structure SqFt Source: Other
    • Lot Description: Views, Farm Animals (Permitted), Grade - Rolling, Private / Secluded
    • Additional Rooms: Laundry Room, Bonus / Hobby Room, Wine Cellar / Storage
    • Laundry: Tub / Sink, In Utility Room
    • Sewer Septic: Septic Connected
    • Fencing: Partial Fencing
    • Style: Custom
    • HOA Exist Y/N: 0
    • Additional Listing Info: Not Applicable
    • Family Room: Kitchen / Family Room Combo
    • Property Faces: West

    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
    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

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    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
    $2,875,200
    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
    $2,875,200

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