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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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244 Mar Vista Drive — Monterey — 2,618 Sq Ft | Belmont Brokerage

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$1,949,000

$744/ft²

2,618 sqft|13,939 sqft lot|1956 Built|0 DOM

244 Mar Vista Dr, Monterey, CA 93940

Property Description

At the base of the pines and oaks of Skyline Forest, this triplex sits on a quiet wooded hillside minutes above downtown Monterey. The opportunity is structural: three separate residences (244, 246, and 248) under one roofline, each with its own entrance and character. One unit is warm and traditional, with a stone fireplace and hardwood floors. Another is bright and contemporary, with ample cabinetry and French doors to a private patio where you can bask in the beautiful forested setting. Light-filled bedrooms abound in all three units, and bathrooms are crisp and modern. A long private drive ensures plenty of off-street parking for your guests or tenants, and mature trees, a fenced backyard, and a storage shed complete the outdoor space. The neighborhood is private, yet within easy reach of downtown, the wharf, the hospital, the Naval Postgraduate School and DLI, and the Highway 1 Pebble Beach gate. For an investor, this property offers three income streams on a single parcel. For an owner-occupant, it is a chance to live in one and let the other two work for you. Welcome to a rare foothold on the Monterey Peninsula.

Listing provided by: The Ruiz GroupDRE #70010112(619) 469-0700 peteruiz@kw.com, Keller Williams Realty

MLS #: ML82056865

FLIP & EXPANSION SIMULATORJACKPOT FLIP

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$261K

+25.9% ROI

Rehab + Add$475K

Est. ARV$2825K

Est. Profit+$261K

Proj. ROI26%

Sqft to Add (Expansion / ADU)+600 sqft (3,218 total sf)

Remodel Rate (Existing Space)$140/sqft ($367K total)