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Listed by Dean Provence • Sotheby's International Realty
$ 825,000
Est. payment | /mo
2 Beds
3 Baths
1,669 SqFt
$ 825,000
Est. payment | /mo
2 Beds
3 Baths
1,669 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 1,669 sqft
Price per Sqft $494
MLS Listing ID ML81998544
Bedrooms 2
Full Baths 3
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1954
Lot Size 9,900 Sqft
Property Sub-Type Detached
Property Description
Extraordinary Potential: Your Custom Dream Home Awaits in Seaside. Calling visionary homeowners and savvy investors! This rare Monterey Bay gem is not just a property, it's a canvas waiting for your creative touch. Nestled on a coveted Mendocino Street location, this expansive home offers an unprecedented opportunity to craft your ultimate coastal sanctuary. Unparalleled Potential, Breathtaking Views. Imagine waking up to panoramic Bay and rolling hill vistas from both floors, a view typically impossible to secure today. With already approved plans, you're not starting from scratch, but jumping light years ahead in the development process. Last picture is present floor plan w/ 1,900sf approved plan is over 2,100sf good till 7/28. Investment Highlights: Massive 26 water credits (only 23 required!) enabling flexible development Potential for detached ADU with separate driveway Approved plans for stunning kitchen expansion with large island Rare permit-approved upper floor addition potential Original hardwood floors preserving historical charm Located in Monterey Bay's desirable sunbelt This property isn't just a home it's a strategic investment. With comparable properties in the neighborhood reaching $1.3 million, your post-renovation value could easily climb to $1.5 million.
Location
State CA
County Monterey
Interior
Heating Forced Air
Cooling None
Flooring Hardwood, Other
Fireplaces Number 2
Fireplaces Type Family Room, Living Room
Fireplace Yes
Appliance Disposal
Laundry In Garage
Exterior
Garage Spaces 1.0
View Bay, City Lights
Private Pool true
Building
Story 2
Water Public
Schools
School District Monterey Peninsula Unified, Monterey Peninsula Unified
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227