786 Pine Street

Monterey, CA 93940

$3,000,000
Price
Beds
2,116 Sq. Ft.
$1,418 / Sq. Ft.
2,116
Sq. Ft.
$1,418
per Sq. Ft.

Description

Welcome to 786 Pine St. in New Monterey, where coastal living meets modern convenience! This charming Craftsman single-family home, remodeled in 1992, boasts a unique split-level floor plan spanning 2,116 square feet, offering a comfortable and spacious retreat. Enjoy breathtaking panoramic views of the serene Monterey Bay right from your windows, providing a daily dose of coastal tranquility. Nestled in close proximity to vibrant shops, delectable restaurants, and the renowned Monterey Aquarium,...Welcome to 786 Pine St. in New Monterey, where coastal living meets modern convenience! This charming Craftsman single-family home, remodeled in 1992, boasts a unique split-level floor plan spanning 2,116 square feet, offering a comfortable and spacious retreat. Enjoy breathtaking panoramic views of the serene Monterey Bay right from your windows, providing a daily dose of coastal tranquility. Nestled in close proximity to vibrant shops, delectable restaurants, and the renowned Monterey Aquarium, convenience and leisure are at your doorstep. But that's not all this property also features three additional 1 bed 1 bath units, meticulously reconstructed in 2008. Whether you're seeking extra income potential as an investor or envisioning a multigenerational haven, this versatile setup caters to your needs. Embrace the allure of passive income while savoring the joys of coastal living. With endless possibilities awaiting, seize the opportunity to make this your new home today! Schedule a private showing to explore the lifestyle and investment potential that awaits you on the Monterey Peninsula. (Combined total sq footage = 3,348)

Property Details for 786 Pine Street

MLS City Name
MONTEREY
Building Type
OTHER
Style
Craftsman
Garage Spaces
0
Parking Spaces
0
View
Bay, City Lights, Water
Cross Street
Irving

Location

Listing Courtesy of Coldwell Banker Realty, Daniel Cardenas, DRE #01964336
Add your commute
LISTING UPDATED: 05/02/2024 01:45 PM

Property Details for 786 Pine Street

StatusActive
MLS #ML81963477
Days on Compass24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1992
Lot Size0.13 AC / 5,663 SF
CountyMonterey County

Location

Listing Courtesy of Coldwell Banker Realty, Daniel Cardenas, DRE #01964336
Add your commute

Building Information for 786 Pine Street

Stories2Residences-Year Built1992Lot Size0.13 AC / 5,663 SF

Payment Calculator

$16,693 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$321

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 786 Pine Street

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Countertop - Tile, Dishwasher, Microwave, Oven - Gas, Refrigerator
Features
  • Amenities: High Ceiling
  • Fireplace: No
  • Flooring: Tile
  • Laundry: Washer / Dryer
  • Living SqFt: 2116
  • Pool: No
  • Security Features: None
  • Special Features: Wheelchair Access
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas, Fireplace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: No Garage, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: New Monterey
  • Roof: Composition, Shingle
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Other
  • Street Number: 786
  • Street Name: Pine
  • Street Suffix: Street
  • Area ID: 110
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 2116
  • Structure SqFt Source: Other
  • Age: 32
Development Information
  • Construction Type: Wood
  • Zoning Detail: R1
Location Information
  • Parcel Number: 001-123-023-000
  • County Name: Monterey
  • City Name: MONTEREY
  • City Postal ID: 38
  • Postal Code: 93940
  • Elementary School District: 438
  • High School District Text: Monterey Peninsula Unified
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .13
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $0
  • Capitalization Rate: 3.22
  • Tenant Expenses: Rent Only
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: Insurance, Maintenance, Utilities
  • Gross Rent Multiplier: 31.03
  • Income Annual Gross: $96,672
  • Income Annual Rental: $96,672
  • Income Gross Scheduled: $96,672
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,458
Unit 2 Information
  • Unit 2 Approx Square Footage: 390
  • Unit 2 Full Bathrooms: 0
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,456
Unit 3 Information
  • Unit 3 Approx Square Footage: 392
  • Unit 3 Full Bathrooms: 0
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,342
Unit 4 Information
  • Unit 4 Approx Square Footage: 450
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $1,800
Unit Type 1
  • Unit Type1 Approx SqFt: 2116

Property History for 786 Pine Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 786 Pine Street

Taxable ValueLand$27,183Additions$301,372Total$328,555
Tax Record2023$3,851 ($321 / month)
Home Facts
Total Finished SqFt3,293 SqFtAbove Grade Finished SqFt3,293 SqFtStories1Lot Size5,662 SqFtStyleMulti-Family Dwelling (2-4)Year Built1991CountyMONTEREYAPN001-123-023-000

Schools near 786 Pine Street

This home is within Monterey Peninsula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Monte Vista
PublicK to 5

Monterey High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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786 Pine Street is for sale in Monterey, CA 93940. This property was listed for sale on April 29, 2024 by Coldwell Banker Realty, it's currently listed at $3,000,000. This listing's school district is Monterey Peninsula Unified School District. Nearby schools include Monte Vista, Monterey Peninsula Unified School District Community Day Middle and Monterey High School. 786 Pine Street is a 0-bed, 0-bath, 2,116 sqft built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Daniel Cardenas, DRE #01964336

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.