ViewBay, City Lights, Mountain(s), Ocean, Trees/Woods, Water
MLS #ML81965573
Lot Size2.72 Acres
StatusActive
About 7855 Monterra Oaks Rd
Located within the secluded gated community of Monterra Ranch, 7855 Monterra Oaks is an exceptional 2.72 acre private homesite boasting unobstructed panoramic ocean views of Monterey Bay, city lights and the Santa Cruz mountains. This nature-rich, unique one-of-a-kind location set amid a grove of coastal oaks and Monterey pines, presents the perfect opportunity to build a home that fully embraces its natural surroundings. Private water company and underground utilities add to the appeal of this building opportunity. Current owner has potential home renderings in addition to lot development possibilities. A social membership to Tehama Golf Club is included which offers fine and casual dining, fitness center, 2 pools, spa, tennis courts and a variety of annual social events. Monterra Ranch a peaceful, park-like and secluded community only minutes away from all the Monterey Peninsula has to offer.
Property Details
Property Features
Listing Office:
Office Name: Monterey Coast Realty
Office Phone: (831) 624-2300
Listing Agent: Ben Zoller
Exterior Features
Exterior Information:
View: Bay, City Lights, Mountain(s), Ocean, Trees/Woods, Water
Lot Features
Lot Information:
Lot Size: 2.72 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $1,895,000
Tax Information:
Annual Amount: $13,675
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 Monterey, CA.
This property is $844.8K more than the Median Sold Price in Monterey, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81965573
Listing Office:
Office Name: Monterey Coast Realty
Office Phone: (831) 624-2300
Listing Agent: Ben Zoller
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, 5:20:51 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
DATE
EVENT
PRICE
Apr 15, 2005
Apr 15, 2005Home Sold
$1,415,000
Jul 02, 2004
Jul 02, 2004Home Sold
$1,130,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$13,675
$1,250,000
2020
$13,289
$1,250,000
2019
$13,933
$1,250,000
2018
$13,151
$1,250,000
2017
$13,151
$1,250,000
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.
$9,525
Per Month
Principal & Interest
$9,458
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
$5,748
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
3
/10
Del Rey Woods Elementary School
1281 Plumas Ave
Distance between this listing and this school2.30 miles
Public District Grades KG-5
6
/10
La Mesa Elementary School
1 La Mesa Way
Distance between this listing and this school2.69 miles
Public District Grades KG-5
2
/10
Martin Luther King
1713 Broadway Ave
Distance between this listing and this school3.09 miles
Public District Grades KG-5
Nearby Schools
6
/10
Bay View Academy
222 Casa Verde Way
Distance between this listing and this school3.14 miles
Public Charter Grades KG-8
5
/10
International School of Monterey
1720 Yosemite St
Distance between this listing and this school3.30 miles
Public Charter Grades KG-8
8
/10
Carmel Middle School
4380 Carmel Valley Rd
Distance between this listing and this school3.91 miles
Public District Grades 6-8
Nearby Schools
6
/10
Carmel Valley High School
27335 Schulte Rd
Distance between this listing and this school2.48 miles
Public District Grades 9-12
5
/10
Seaside High School
2200 Noche Buena St
Distance between this listing and this school3.99 miles
Public District Grades 9-12
9
/10
Carmel High School
3600 Ocean Ave
Distance between this listing and this school4.32 miles
The neighbors living near this home have an average income of $147,222. Typical income of Monterey, CA residents is $200k+ annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7855 Monterra Oaks Rd
What is the listing price of this property?
The listing price of 7855 Monterra Oaks Rd property is $1,895,000.
What type of property is this?
The property 7855 Monterra Oaks Rd is land located in Monterey, California, 93940.
Is this property for sale now?
Active Listing: 7855 Monterra Oaks Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $13,675 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 15, 2005 for $1,415,000. (source: MLS/tax record).
How much acreage is this property?
The property 7855 Monterra Oaks Rd is 2.72 acres.
Interested in 7855 Monterra Oaks Rd? Let's connect.
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 7855 Monterra Oaks Rd in Monterey, CA and zip code 93940. This home sits on a 2.72 acre lot. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,895,000.
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.
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. 
Hunting
Hunting
PGA/LPGA
NASCAR
Dillards
Dick's Sporting Goods
Stein Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Lexus
News/Talk/Information
New Country
Oldies