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Active Under Contract
- Listed price
- $3,850,000
- Listed Oct 7, 2026 · $863/sq ft
- Last sold price
- No recorded sale
3 beds|5 ba|4,462 sqft|31,363 sqft lot|2015 Built|12 MLS days on market
706 Tesoro Rd, Monterey, CA 93940
Property Description
Pasadera at its best! This tastefully updated single-level custom estate offers a resort-like atmosphere inside & out! Featuring exceptional privacy, a versatile floor plan, 12 ft ceilings & lush, mature landscaping, this one is a 10+! A spacious primary retreat with dual closets, a two-sided fireplace, sitting area & serene outlooks beckons for relaxation. Additional highlights include a fabulous entertainment kitchen, two en-suite bedrooms, private office & media room. Lutron lighting & custom chandeliers, A/C, two built-in wine refrigerators & wet bar, security system, solar panels, plus a three-car garage with high ceilings, all enhance this estate's modern qualities. Multiple outdoor gathering areas include a custom kitchen with pizza oven, pergola, built-in firepit & a stunning spa with captivating views. Graceful pathways, a striking waterfall, custom dry creek bed, roses, flowering shrubs, and fruit & olive trees create a tranquil & beautiful setting for indoor-outdoor living.
Listing agent: Geoff ArnoldDRE #02036451geoff@carmelrealtycompany.com, Listing office: Carmel Realty Company
MLS data updated 10/24/2026, 6:41:37 PM PT
Source: CRMLSMLS #: ML82063856
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$3,850,000
Oct 7, 2026
Available records12026
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
$3,850,000Original asking price · Oct 7, 2026ZIP 93940 · Oct 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.This home · 1 price recordsOct 7, 2026 – Oct 7, 2026
ZIP 93940 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
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.
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.