Opening page…
Closed
- Listed price
- $2,495,000
- Listed Jun 21, 2022 · $542/sq ft
- Sold price
- $2,495,000
- Sold Sep 14, 2022
5 beds|4 ba|4,606 sqft|74,923 sqft lot|1989 Built|72 MLS days on market
11502 Saddle Rd, Monterey, CA 93940
Property Description
Welcome to Bay Ridge, one of the premier gated communities on the Monterey Peninsula. Enjoy forever vistas of the Santa Lucia mountain range while enjoying a private estate set on one and one half acres of lovely gardens, with an electric gate that encloses your own private oasis. The main level has a three car garage as well as the three bedrooms, 2 and 1/2 baths, plus living room, formal dining room, kitchen, family room and laundry room. The lower walk out level has the remaining two bedrooms, family room and full bath that could easily become an ADU. There is also a small room adjacent to the garage that could be a workout room, or artist studio....imagine the possibilities! Adjacent to the garage are two bedrooms, a family room and full bath. With a little extra work it could become an fully equipped ADU and with a separate entrance and its own outdoor space, this is a wonderful opportunity and offers a myriad of possibilities.
Listing agent: Sharon SwallowDRE #01467402sharonswallow@me.com, Listing office: Compass
MLS data updated 10/24/2026, 2:56:03 AM PT
Source: CRMLSMLS #: ML81893472
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,495,000
Sep 14, 2022
Available records22022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,495,000Closed sale · Sep 14, 2022ZIP 93940 · Sep 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsJun 21, 2022 – Sep 14, 2022
ZIP 93940 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.