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Backup Offers

5 Walter Colton Dr, Monterey, CA, 93940

$1,950,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,884 SqFt
$1,035/SqFt
House

Location

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5 Walter Colton Dr, Monterey$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1959
CoolingCentral Air
FireplaceGas Starter, Living Room, Wood Burning
ViewBay, City Lights, Hills, Ocean, Water
MLS #ML81980780
Lot Size0.25 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5 Walter Colton Dr

Discover coastal elegance in this extraordinary three-bedroom, two-bath home, where breathtaking Monterey Bay views greet you from most rooms. The living room with a wood­ burning fireplace and amazing vistas exudes warmth and style. Stunning quarter sawn oak floors in the dining room and kitchen add warmth and sophistication to every step. The heart of the home, a spacious remodeled kitchen is designed for the discerning chef, featuring Sahara Gold marble countertops and island, Dura Supreme solid wood cherry cabinets and top-tier appliances. Adjacent to the kitchen is a breakfast nook/office area. Outside, your personal retreat awaits in a professionally landscaped yard, complete with two patios. In the front enjoy the view and in the rear delight in a spa, barbecue area, gas fire pit and a tranquil waterfall. Two-car garage. This is luxury living with the best of Monterey Bay at your doorstep--seize the opportunity to own this one-of-a-kind property!

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,884 SqFt

Listing Office:

  • Office Name: Carmel Realty Company
  • Office Phone: (831) 622-1000
  • Listing Agent: Susan Clark

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Warming Drawer
  • Flooring Type: Carpet, Wood
  • Interior: Breakfast Area, Attic
  • Fireplace: Gas Starter, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Bay, City Lights, Hills, Ocean, Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 5 Walter Colton Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: Cross Street: Via Gayuba

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $1,035/SqFt

Tax Information:

  • Annual Amount: $5,043
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Monterey, CA.

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Monterey, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$733

Avg. Days On Market

44

# of Sold Homes

25

5 Walter Colton Dr vs Monterey

58 DAYS ON ROCKET

+14 Days

$1,950,000

+$899.8K More

$1,035/SqFt

+$301 More

KEY TAKEAWAY

This property is $899.8K more than the Median Sold Price and $301/SqFt more than other homes in Monterey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81980780

Listing Office:

  • Office Name: Carmel Realty Company
  • Office Phone: (831) 622-1000
  • Listing Agent: Susan Clark

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 22, 1992Home Sold
$285,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,043$456,468
2020$4,853$451,788
2019$4,886$442,930
2018$4,529$434,246
2017$4,529$425,732

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-479742
5
/10

  • Monte Vista

  • 251 Soledad Dr

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-479743
6
/10

  • Forest Grove Elementary School

  • 1065 Congress Ave

  • 1.67 miles

  • Public District Grades KG-5

school-card-donut-479744
9
/10

  • Robert Down Elementary School

  • 485 Pine Ave

  • 1.87 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $120,127. The majority of Monterey, CA residents have income between $100k-200k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Walter Colton Dr

What is the listing price of this property?

The listing price of 5 Walter Colton Dr property is $1,950,000.

What type of property is this?

The property 5 Walter Colton Dr is a house located in Monterey, California, 93940.

Is this property for sale now?

Accepting Backup Offers: 5 Walter Colton Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,043 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 22, 1992 for $285,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5 Walter Colton Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5 Walter Colton Dr is 1,884 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Walter Colton Dr is 1959.

Rocket Homes›California›Monterey County›Monterey›93940›5 Walter Colton Dr

This home is located at 5 Walter Colton Dr in Monterey, CA and zip code 93940. This 1,884 square foot home, which was built in 1959, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $1,950,000.

In October 2024 more than 0 listings in Monterey, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 18 were sold below. In October 2024 median list price was $1,050,166 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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