New Monterey Triplex with ocean views. Great opportunity to owner-occupy a unit with rent to offset the ownership costs. The property has two structures: the front unit is a 708 sq. ft. free-standing two-bedroom/one-bathroom with a private wraparound deck facing the ocean. The rear building is a duplex with a one-bedroom /one-bathroom 544 sq. ft. apartment and a 674 sq. ft. two-bedroom / one-bathroom apartment. All units have open beam vaulted ceilings and their own water heater. The property owner has performed extensive repairs and upgrades to the property, including: electric panel replacement, copper water lines, vinyl windows, Hunter Douglas window blinds, leaf gutters, Units B & C remodeled, sewer line replacement, and a pest fumigation using orange oil. Unit A will be vacating in November 2026. The location is very close to the ocean, downtown PG, Cannery Row, upper PG shopping with Trader Joe's, banks, restaurants, and it is also close to the Montage main hospital campus. Easy access to Highway 68 & 1. The property has three carports, one garage, and an onsite laundry facility.
For sale
$1,499,000
851 Lyndon St, Monterey, CA 93940
5beds
1,926sqft
Single Family Residence, Residential
Built in 1963
5,000 Square Feet Lot
$-- Zestimate®
$778/sqft
$-- HOA
What's special
- 10 days
- 703
- 28
Zillow last checked:
Listing updated:
Listed by:
Hap Albers 01006595 831-372-1922,
Albers Real Estate Investment Company 831-372-1922
Source: MLSListings Inc,MLS#: ML82064815
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Laundry
Bathroom
- Features: ShowerandTub, Tile
Dining room
- Features: NoFormalDiningRoom
Family room
- Features: KitchenFamilyRoomCombo
Kitchen
- Features: Countertop_Ceramic, ExhaustFan
Heating
- Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Exhaust Fan, Electric Oven/Range, Refrigerator, Washer/Dryer
- Laundry: Coin Operated, In Utility Room
Features
- Open Beam Ceiling
- Flooring: Carpet, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 1,926
- Total interior livable area: 1,926 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street, On Street
- Garage spaces: 1
- Carport spaces: 3
- Covered spaces: 4
Accessibility
- Accessibility features: None
Features
- Stories: 1
- Patio & porch: Balcony/Patio
- Has view: Yes
- View description: City Lights, Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 5,000 Square Feet
- Features: Hillside
Details
- Parcel number: 001186009000
- Zoning: Medium Density Residentia
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Gas: IndividualGasMeters
Community & HOA
Location
- Region: Monterey
Financial & listing details
- Price per square foot: $778/sqft
- Tax assessed value: $1,242,088
- Date on market: 10/16/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Estimated market value
Not available
Estimated sales range
Not available
$3,121/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $1,499,000+141.8%$778/sqft |
Source:  MLSListings Inc #ML82064764 Report a problem | ||
| 10/16/2001 | Sold | $620,000+148%$322/sqft |
Source: Public Record Report a problem | ||
| 4/21/1995 | Sold | $250,000-4.6%$130/sqft |
Source: Public Record Report a problem | ||
| 8/9/1994 | Sold | $262,059$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,242,088 +2% |
| 2025 | $14,363 +8.4% | $1,217,734 +2% |
| 2024 | $13,252 +3.1% | $1,193,858 +2% |
| 2023 | $12,850 +1.4% | $1,170,450 +2% |
| 2022 | $12,674 +34.2% | $1,147,500 +35.6% |
| 2021 | $9,445 +3.9% | $846,158 +1% |
| 2020 | $9,091 -4.7% | $837,483 +2% |
| 2019 | $9,536 +4.1% | $821,063 +2% |
| 2018 | $9,158 +7.9% | $804,964 +2% |
| 2017 | $8,487 +1.8% | $789,182 +2% |
| 2016 | $8,338 +3.2% | $773,709 +1.5% |
| 2015 | $8,080 | $762,088 +2% |
| 2014 | $8,080 | $747,160 +2.5% |
| 2012 | -- | $729,202 +2% |
| 2011 | -- | $714,905 +0.8% |
| 2010 | -- | $709,563 -0.2% |
| 2009 | -- | $711,250 +2% |
| 2008 | -- | $697,305 +2% |
| 2007 | -- | $683,634 +2% |
| 2006 | -- | $670,230 +2% |
| 2005 | -- | $657,089 +2% |
| 2004 | -- | $644,206 +1.9% |
| 2003 | -- | $632,400 +2% |
| 2002 | -- | $620,000 +122.5% |
| 2001 | $2,834 | $278,667 +2% |
| 2000 | -- | $273,203 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: New Monterey
Nearby schools
Schools provided by the listing agent
- Middle: LosArbolesMiddle
- High: MontereyHigh
- District: MontereyPeninsulaUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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