StatusAccepting Backup Offers (Active Under Contract)
About 503 Aguajito Rd
When the perfect location meets the most glorious views, the result is magical. When that magical combination is framed by a home that is truly a sculptural inspiration, then the entire package is nothing short of magnificent. Welcome to Montabela, a Monterey Peninsula property like no other. The 2700 sf, 3-bedroom, 3-bath home sits perfectly atop a Jack's Peak ridge with expansive views of Monterey Bay to the North and Carmel Bay with Point Lobos to the South. Designed by renowned local architect Mark Mills, who camped at this location and imagined the perfect residence to blend inspired architectural design with nature while encapsulating the wants and needs of his clients. Never before on the market, Montabela provides the opportunity to own 9.39 acres of private land in an ideal setting. Enjoy the Jack's Peak lifestyle with expansive views, easy access to all the Monterey Peninsula communities, a productive well, abundant fruit trees, a secluded hiking trail, solar power, and a lifestyle all its own. Montabela...the beautiful mountain, like a perfect piece of art.
Property Details
Property Features
Property Information:
Year Built: 1978
Stories: 1
Living Area: 2,737 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (831) 626-2221
Listing Agent: Tim Allen
Interior Features
Interior Information:
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
View: Bay, City Lights, Ocean, Trees/Woods, Water
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Virtual/3D Tour
3D Tour: 503 Aguajito Rd
3D Tour
Lot Features
Lot Information:
Lot Size: 9.39 Acres
Utilities
Utilities Information:
Cooling: None
Other
Directions Information:
Directions: Cross Street: Aguajito Road
Price Information
Listing Price Info
Price Summary:
List Price: $6,789,000
Price Per SqFt: $2,480/SqFt
Tax Information:
Annual Amount: $6,746
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Carmel, CA.
This property is $4.9M more than the Median Sold Price and $1.5K/SqFt more than other homes in Carmel, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81985101
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (831) 626-2221
Listing Agent: Tim Allen
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: 11/21/2024, 5:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,746
$610,087
2020
$6,493
$603,832
2019
$6,540
$591,993
2018
$6,061
$580,386
2017
$6,061
$569,007
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$33.9K
Per Month
Principal & Interest
$33.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$20.4K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
La Mesa Elementary School
1 La Mesa Way
Distance between this listing and this school1.41 miles
Public District Grades KG-5
5
/10
Monte Vista
251 Soledad Dr
Distance between this listing and this school1.51 miles
Public District Grades KG-5
7
/10
Carmel River Elementary School
Monte Verde St and 15th Ave
Distance between this listing and this school2.34 miles
Public District Grades KG-5
Nearby Schools
8
/10
Carmel Middle School
4380 Carmel Valley Rd
Distance between this listing and this school1.87 miles
Public District Grades 6-8
6
/10
Bay View Academy
222 Casa Verde Way
Distance between this listing and this school2.82 miles
Public Charter Grades KG-8
7
/10
Monterey Bay Charter
1004 David Ave
Distance between this listing and this school3.05 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
Carmel High School
3600 Ocean Ave
Distance between this listing and this school1.14 miles
Public District Grades 9-12
8
/10
Monterey High School
101 Herrmann Dr
Distance between this listing and this school1.80 miles
Public District Grades 9-12
6
/10
Big Sur Charter
304 Foam St
Distance between this listing and this school2.91 miles
The neighbors living near this home have an average income of $147,222. Residents of Carmel, CA typically earn $200k+ each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 503 Aguajito Rd
What is the listing price of this property?
The listing price of 503 Aguajito Rd property is $6,789,000.
What type of property is this?
The property 503 Aguajito Rd is a house located in Carmel, California, 93923.
Is this property for sale now?
Accepting Backup Offers: 503 Aguajito Rd 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 $6,746 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 503 Aguajito Rd has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 503 Aguajito Rd is 2,737 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 503 Aguajito Rd is 1978.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 503 Aguajito Rd in Carmel, CA and zip code 93923. This 2,737 square foot home, which was built in 1978, sits on a 9.39 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $6,789,000.
While more than 1 listings in Carmel, CA in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 19 were sold below. The inventory of homes for sale in Carmel, CA between September 2024 and October 2024 increased by 1.8%. Listings spent 67 days on the market in October 2024, and had a median list price of $1,800,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.