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Set within the prestigious gated enclave of Monterra, this exceptional 1.73 acre homesite commands sweeping views of Monterey Bay from a gently sloping rise just three miles inland from the coast. Framed by mature oak trees and positioned to enjoy abundant sunshine and privacy, the property offers a rare balance of natural beauty, serenity, and coastal sophistication. A thoughtfully placed 0.48 acre building envelope is oriented to capture expansive bay vistas and glowing sunsets. Included with the sale are architectural plans by respected architect Al Saroyan, presenting a meaningful head start toward the creation of a residence tailored to this remarkable setting. The homesite is build-ready with upgraded underground utilities and water service provided by Canada Woods Water Company, the private utility serving Monterra and Tehama. Ownership includes a social membership to the Tehama Golf Club, offering access to refined dining, social events, a state-of-the-art fitness center, two pools, spa amenities, and tennis facilities. Private and tranquil, yet moments from Carmel, Monterey, world-class golf, beaches, and the lifestyle of the Monterey Peninsula, this is a rare opportunity to build a distinguished coastal estate in one of the regions most sought-after communities.
Listing agent: Rebekah Saroyan DRE #02127311 rebekahsaroyan@gmail.com, Listing office: Coldwell Banker Realty
MLS data updated 10/26/2026, 6:18:00 PM PT
Source: CRMLS, MLS #: ML82037741
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 9, 2026
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This home · nearest recorded event
$995,000Original asking price · Mar 9, 2026ZIP 93940 · Mar 2026
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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.