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Monterey investment opportunity with hillside views and room to make it your own! Ideal for a flip, a rental or a long-term hold. Set among the trees on a generous 9,310-square-foot lot, this 1953 home is a strong fit for investors and hands-on buyers ready to bring their own skills, sweat equity and vision. Much of the interior is original, so you can plan updates your way. The kitchen has classic wood cabinetry and a functional layout, and larger windows bring natural light into the living areas. Bedrooms include closet space, and flooring is carpet and vintage patterned linoleum. A newer tankless water heater and a newer double-wide garage door are already in place. Outside, a wooden deck and access ramp connect to the hillside setting. The deck is in poor condition and needs substantial work. The freeway is directly below the property, and traffic noise is noticeable but not inside. Quick access to Hwy 1 puts Monterey dining, shopping, beaches and other Peninsula destinations close by. With its original character, spacious lot and long-term value potential, this home rewards a buyer who wants to roll up their sleeves. Bring your contractor or your own tool belt to evaluate the condition and map out your plans. Schedule a visit to see the setting and the opportunity firsthand.
Listing agent: Gina Hinds DRE #01962087 cahouses@yahoo.com, Listing office: CENTURY 21 Masters
MLS data updated 10/28/2026, 11:32:15 AM PT
Source: CRMLS, MLS #: ML82062558
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 24, 2026
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
$825,000Original asking price · Sep 24, 2026ZIP 93940 · Sep 2026
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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.
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.