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$4,795,000
ML82008502 MLS
Spanning approximately 95 acres, this sprawling ranch offers a rare blend of income potential, natural beauty, and multi-use functionality. This expansive property features over 42 acres currently producing strawberries. There are two homes that offer flexible living arrangements, one with three bedrooms and two bathrooms, the second featuring two bedrooms and one bathroom. Both homes are perfect for extended family or ranch staff. A standout feature is the massive 7,800+ square-foot barn and workshop, perfectly suited for equipment storage, agricultural business, or creative projects. A detached office provides a quiet, dedicated workspace ideal for remote work or ranch management. A high producing well supports agricultural and residential needs, making the property as functional as it is scenic. Enjoy tranquil moments by your private lake or take in the stunning views from multiple vantage points throughout the property. Located within close proximity to Highways 1, 101, 129 & 156, this ranch blends opportunity with convenience!

703 & 703A Hall RD, Royal Oaks

Listed by Sean Pate, 831-234-1416 from Coldwell Banker Realty
(If provided) CoList: from

$4,795,000
5 Beds 4 Baths ML82008477 MLS
Spanning approximately 95 acres, this sprawling ranch offers a rare blend of income potential, natural beauty, and multi-use functionality. This expansive property features over 42 acres currently producing strawberries. There are two homes that offer flexible living arrangements, one with three bedrooms and two bathrooms, the second featuring two bedrooms and one bathroom. Both homes are perfect for extended family or ranch staff. A standout feature is the massive 7,800+ square-foot barn and workshop, perfectly suited for equipment storage, agricultural business, or creative projects. A detached office provides a quiet, dedicated workspace ideal for remote work or ranch management. A high producing well supports agricultural and residential needs, making the property as functional as it is scenic. Enjoy tranquil moments by your private lake or take in the stunning views from multiple vantage points throughout the property. Located within close proximity to Highways 1, 101, 129 & 156, this ranch blends opportunity with convenience!

703 & 703A Hall RD, Royal Oaks

Listed by Sean Pate, 831-234-1416 from Coldwell Banker Realty
(If provided) CoList: from

$4,790,000
4 Beds 3 Baths ML82051715 MLS
Pacific Tides is a beautifully remodeled coastal retreat located just three blocks from the heart of downtown Carmel-by-the-Sea and only two blocks from Brunos Market. Extensively renovated throughout and feeling practically new, this rare 4-bedroom, 3-bathroom home offers an exceptional combination of luxury, functionality, and location, complete with a two-car garage and additional off-street parking. Thoughtfully designed for effortless indoor-outdoor living, the home features light-filled living spaces, abundant storage, and a spacious laundry room. The remodeled kitchen offers ample custom cabinetry and opens directly to a large rear deck, creating the perfect setting for entertaining and everyday enjoyment. A gas fireplace adds warmth and character, while heated floors in the bathrooms enhance comfort year-round. The home's standout lounge seamlessly connects to a combined balcony, creating a spectacular indoor-outdoor entertaining space that captures breathtaking views of Carmel Bay and Point Lobos. Ideally situated within a short stroll of Carmel's renowned restaurants, art galleries, boutiques, and white-sand beaches, Pacific Tides offers the ultimate Carmel lifestyle and opportunity to enjoy luxury coastal living in one of California's most sought-after destinations.

0 Ocean 2 NW Guadalupe, Carmel

Listed by Ben Zoller, 831-595-0676 from Carmel Realty Company
(If provided) CoList: Christopher Pryor from Carmel Realty Company

$4,750,000
4 Beds 3 Baths ML82039008 MLS
Private, peaceful, and prestigious, this sun-filled Pebble Beach retreat offers abundant natural light, peaks of the ocean, forest views, and multiple spaces for effortless indoor-outdoor living. Bocce Ball, expansive decking, and backyard fire pits create inviting options for entertaining. Inside, vaulted ceilings, skylights, and hardwood floors enhance the warm, open feel. The kitchen features marble counters, an island, pantry, and a Wolf gas cooktop and double oven. Recent upgrades include a new A/C system, furnace, EV charger, whole-house water softener, reverse-osmosis purification, a whole house generator, French drain and waterproofing at footings, a Ring alarm system with cameras, refreshed landscaping, and a new drip irrigation system for low-maintenance outdoor living. The property is fully fenced with an electric motorized gate. Located in the highly sought-after Carmel Unified School District, this is a serene Pebble Beach escape minutes from world-class golf, beaches, and the Lodge.

1633 Sonado RD, Pebble Beach

Listed by Jeff Langham, 831-877-3345 from Monterey Coast Realty
(If provided) CoList: from

$4,700,000
4 Beds 3 Baths ML82052355 MLS
Sited above the Pacific Ocean in the coveted Carmel Highlands, this European inspired coastal retreat offers breathtaking ocean vistas, exceptional privacy, and timeless elegance. Located within the exclusive Carmel Riviera enclave, the residence captures sweeping views from nearly every room and embraces indoor-outdoor living. A distinctive turret entry leads to a grand great room with soaring 20 foot vaulted ceilings, rich wood floors, a statement fireplace, and walls of glass framing the ever-changing Pacific. French doors open to view decks where sunsets and coastal panoramas become part of everyday life. Designed for both relaxed living and entertaining, the home features a welcoming family room with wood-burning stove, a country kitchen, and a formal dining room. The turret staircase leads to a primary suite with view deck, plus three guest bedrooms and a second full bath. A spacious finished bonus area above the garage offers ideal guest, studio, office, or wellness space, while a third floor retreat provides a light-filled ocean view escape. Privately situated on a southwest facing hillside, residents enjoy wider private roads, a dedicated water system, optional beach access, and a location just minutes from Carmel-by-the-Sea.

23 Mentone RD, Carmel

Listed by Jeannie Fromm, 831-277-3371 from Sotheby's International Realty
(If provided) CoList: Shelley Risko from Sotheby's International Realty

$4,700,000
5 Beds 5 Baths ML82048304 MLS Sleepy Hollow BLDG.
Experience the ultimate private sanctuary at 7 San Clemente, a sophisticated five-acre estate in the heart of Carmel Valleys Sleepy Hollow. Designed as a versatile multi-generational compound, the park-like grounds feature a saltwater pool, koi pond, and an expansive outdoor kitchen framed by Italian cypresses and fruit trees. You are just five minutes from the charm of Carmel Valley Village and approximately 20 minutes from the world-class dining and beaches of Carmel-by-the-Sea. Car enthusiasts and hobbyists will appreciate the five garages and well-equipped workshop, while a separate guest house provides flexible accommodations. The property is also a dream for equestrian or creative pursuits, featuring a deluxe four-stall barn, tack room, and professional-grade arena. Powered by energy-efficient solar, this rare retreat offers expansive space and a deep connection to the outdoors.

7 San Clemente DR, Carmel Valley

Listed by Angolee Bode, 831-236-5290 from Compass
(If provided) CoList: from

$4,675,000
ML82052929 MLS
Imagine a blank canvas of 6.94± acres, where the beauty of the California coast meets the limitless potential of your imagination. This isn't just a homesite; its a rare invitation to design and build your legacy residence from the ground up in the prestigious enclave of Tehama. As one of the final remaining parcels featuring views of Point Lobos and the Pacific Ocean, this property offers the creative freedom to craft an architectural dream that perfectly reflects your vision and lifestyle. The setting is nothing short of breathtaking, it invites your own vision for an estate that honors the natural topography, this premier lot provides the space and inspiration to bring that dream to life. With over 70 of the 90 homesites already spoken for, the opportunity to secure such a significant piece of land and shape its future is increasingly rare. Life here is defined by a deep connection to the landscape and a world-class suite of amenities - the Tehama Club, offering dining, fitness center, swimming pools, and courts for tennis and pickleball. This is more than a construction project, it is the chance to curate a personal sanctuary and a lasting legacy on one of the most breathtaking stretches of the Carmel coastline.

42 Tehama, Carmel

Listed by BambacePetersonTeam, 831-200-3178 from Compass
(If provided) CoList: from

$4,600,000
ML82045975 MLS
17-unit multifamily investment opportunity in the coastal market of Castroville. The property features a highly desirable unit mix of 2-bedroom, 1-bath units, well-suited for strong workforce and family rental demand in the area. The asset offers a combination of stable in-place income with value-add potential, supported by newer roofs. Units feature functional layouts with durable finishes, and the property includes on-site coin-operated laundry and designated tenant parking, enhancing convenience and retention. Strategically located with easy access to Highway 1 and Highway 183, providing connectivity to Salinas, Monterey, and Santa Cruz employment hubs. Castroville continues to experience strong rental demand driven by limited housing supply and its position as a more affordable alternative to surrounding coastal markets.

11320 Sanchez ST, Castroville

Listed by Amy M. Salmina, 831-970-9540 from Coast & Valley Properties, Inc.
(If provided) CoList: from

$4,588,000
4 Beds 4 Baths ML82047237 MLS
Some homes simply have an address; this one has a vantage point. From the moment you step inside 116 Monterey Street, a coastal panorama unfolds: Loma Prieta stands sentinel to the east, the iconic Santa Cruz Boardwalk and Wharf shimmer below, and the Monterey Bay Marine Sanctuary stretches to the horizon. This Mediterranean masterpiece was entirely reimagined in 2007 by the current owners, ensuring every detail was overseen with an owners eye for perfection. They meticulously preserved the vintage character, designing a high-end modern residence around that historic core.From the structural integrity to the lush,professional landscaping, every inch of this property has been built, lived in, and maintained to an immaculate standard.Situated just steps from West Cliff Drive and the Cowells Beach stairs, this residence caters to an active lifestyle centered around the ocean. The chef's kitchen, anchored by a Wolf range and a generous island, makes entertaining effortless. Evenings end in a private coastal oasis featuring an 8-person outdoor hot tub and a convenient outdoor shower, the essential finish to a morning surf session.The permitted 1bed/1 bath ADU sits atop a 2-car mechanic's garage and offers a proven income of $30-40k annually.

116 Monterey ST, Santa Cruz

Listed by Craig Springbett, 831-239-9966 from Christie's International Real Estate Sereno
(If provided) CoList: from

$4,575,000
4 Beds 4 Baths ML82039643 MLS
Tucked away in a peaceful pocket of Carmel Woods, this beautifully updated home sits above the forest canopy, offering expansive vistas and glimpses of the ocean from select rooms. Three newly built decks surround the home, providing multiple outdoor spaces to enjoy the forest views. Inside, the main level features a spacious living room with soaring open-beam ceilings, a fireplace, and rich hardwood floors that extend throughout. The dining area is lined with windows, inviting in natural light and ocean views. The well-appointed kitchen with marble countertops flows into a family room with its own fireplace and direct deck access. A versatile library with built-in shelving sits adjacent to a full bath, with flexibility to serve as a fourth bedroom or guest suite. Upstairs, two bedrooms with vaulted ceilings share a full bath. On the lower level, the expansive primary suite provides a private retreat with a fireplace, private patio, and a large bathroom featuring both a soaking tub and separate shower. Additional spaces include a dedicated office and a stone wine grotto. Located just minutes from downtown Carmel and the beach, this charming forest hideaway enjoys a quiet setting.

24308 San Juan RD, Carmel

Listed by Tim Allen, 831-214-1990 from Coldwell Banker Realty
(If provided) CoList: from

$4,500,000
ML82055104 MLS
High above Carmel and Monterey Bay, this remarkable 27.13-acre homesite offers an exceptional opportunity within Tehama, the exclusive 2,000-acre private golf community founded by Clint Eastwood. A winding, oak-lined drive leads through a signature landscape of mature oaks and open meadows to a generous, level three-acre building envelope, ideal for creating a custom main residence and guest house. Sweeping views extend across Carmel Valley and the Santa Lucia Mountains, with additional vistas toward the Pacific Ocean and Monterey Bay. Sheltered from the wind and enhanced by sunny microclimates, the property offers a rare combination of privacy, natural beauty, and an inviting year-round setting. Plans and renderings are available for review. Residents enjoy a peaceful lifestyle behind secure gates, close to world-class golf, five-star dining, Carmel-by-the-Seas shops and galleries, beaches, wine tasting, and the many cultural attractions of the Monterey Peninsula. Purchase includes a social membership to the Tehama Social and Fitness Club, with Monterey Regional Airport just five minutes away.

25600 Via Malpaso, Carmel

Listed by Shelly Lynch, 831-277-8044 from Carmel Realty Company
(If provided) CoList: from

$4,500,000
ML82047991 MLS
Set high within Tehama with sweeping ocean, bay, and valley views, 8225 Carina, Lot 77 is one of the communitys premier homesites. Encompassing approximately 14 acres, the property offers privacy, scale, mature oaks, and a mostly level 1.58-acre building envelope positioned to capture views across Monterey Bay, the lights of Monterey and Cannery Row, and the surrounding valleys. Located within Clint Eastwoods private, gated Carmel community, this rare offering is close to the Tehama Clubhouse while maintaining a serene estate-like setting. For the car enthusiast, plans are in place for an approximately 9500 sq. ft. residence by architect Eric Miller, including 18-car garage spaces and possible ADU. A transferable social membership to Tehama Golf Club is included, with access to dining, social events, fitness, pools, spa, tennis, personal training, and studio classes. Minutes to Carmel, Pebble Beach, beaches, golf, dining, wineries, the airport, and Laguna Seca.

8225 Carina, Carmel

Listed by Shelly Lynch, 831-277-8044 from Carmel Realty Company
(If provided) CoList: Ben Zoller from Carmel Realty Company

$4,500,000
3 Beds 4 Baths ML82051497 MLS
Carmel Estate with Panoramic Ocean and Bay Views on 5 Acres Behind private gates and set on five acres surrounded by majestic Monterey pines, this remarkable Carmel property enjoys sweeping ocean and bay views across Monterey Bay, the Monterey shoreline, and on clear days, all the way to Santa Cruz. Watch sailboats cross the bay, enjoy the city lights after sunset, and take in the peaceful surroundings from this extraordinary setting. The approximately 3,123-square-foot home offers 3 bedrooms, 3.5 bathrooms, a formal dining room, a boiler heating system, and three wood-burning fireplaces, including fireplaces in the family room and primary suite. An impressive 1,400 square foot four-car garage with workshop provides abundant space for vehicles, storage, hobbies and workshop. Walls of glass bring in natural light and frame the stunning vistas from the main living areas. Masterfully designed to blend into its surroundings, the home's architecture embraces the landscape with warm materials, inviting spaces, and a strong connection to the outdoors. The grounds include a gazebo, bocce ball court, and a full-scale backup generator. A rare offering that combines breathtaking ocean and bay views, complete privacy, five acres, and a location minutes from Carmel, Pebble Beach and Monterey.

534 Aguajito RD, Carmel

Listed by Doug Steiny, 831-236-7363 from Sotheby's International Realty
(If provided) CoList: from

$4,498,000
4 Beds 4 Baths ML82049466 MLS Pasatiempo Home Owners BLDG.
Exquisite gated Pasatiempo residence overlooking the renowned Alister MacKenzie-designed golf course, recognized among the nations Top 100. Privately set at the end of a quiet lane, this exceptional property offers sweeping Monterey Bay and fairway views from many rooms. The thoughtful floor plan features two primary suites, one with a fireplace, one on the first floor, a dedicated office, and elegant living spaces designed to capture the stunning surroundings. The island kitchen with butlers pantry opens to the dining area overlooking the gardens and pool. Soaring ceilings, expansive windows, and abundant natural light enhance the warm, inviting atmosphere. The formal dining room, gracious living room with fireplace, and entertainment room with wet bar and spectacular golf course and Monterey Bay views create beautiful spaces for gathering. Outdoors, enjoy a pool with stone decking, rose gardens, mature fruit trees, stone courtyards, and multiple patios through French doors. A detached guest house offers comfortable accommodations, while the poolside bonus/game room with full bath provides flexibility as a recreation space, guest retreat, or private getaway. This exceptional residence blends elegance, comfort, privacy, breathtaking views, and the coveted Pasatiempo lifestyle.

22 Hollins DR, Santa Cruz

Listed by Janie Hanson Team, 831-345-7921 from KW Thrive Santa Cruz
(If provided) CoList: from

$4,495,000
4 Beds 4 Baths ML82052561 MLS
Timeless mid-century design meets the natural beauty of Carmel in this classic 1952 post-adobe residence, beautifully sited on nearly one acre of park-like grounds backing to Mission Trail. Designed to embrace its surroundings, the home features striking walls of glass that fill the interior with natural light and create a seamless connection to the outdoors. This spacious single level home offers four bedrooms and four bathrooms, including two private ensuite bedrooms, while two additional bedrooms share a well-appointed bath, providing flexibility for family, guests, or home office needs. Gracious living spaces include a welcoming living room with fireplace, a comfortable family room, and a generous kitchen with abundant cabinetry, its own fireplace, and a charming breakfast nook perfect for casual dining. The dining area flows effortlessly from the living room, ideal for entertaining. Surrounded by mature landscaping and serene natural beauty, the property offers exceptional privacy and tranquility while being just minutes from all the best of Carmelworld-class restaurants, boutique shopping, pristine beaches, renowned golf, and the villages beloved charm. A rare opportunity to own an architecturally distinctive home in one of Carmels most desirable settings.

3369 Trevis WAY, Carmel

Listed by Jeannie Fromm, 831-277-3371 from Sotheby's International Realty
(If provided) CoList: from

$4,495,000
4 Beds 4 Baths ML82050097 MLS
Behind a private gate in Carmel Valleys sought-after Miramonte neighborhood, this exceptional single-level estate blends privacy, natural beauty, and convenience. Set on 3.03 lush acres beneath majestic heritage oaks and towering redwoods, the property offers a serene retreat just minutes from all of Monterey Peninsula's amenities. The ~3,940-square-foot residence features 4 bedrooms and 4 baths, thoughtfully designed to embrace its picturesque surroundings. Expansive living areas with two fireplaces flow effortlessly to patios and garden spaces, creating a seamless indoor-outdoor lifestyle. Large windows frame tranquil views of the mature landscape, filling the home with natural light and warmth. Beautifully maintained grounds provide exceptional privacy and ample space for entertaining, relaxing, and enjoying the peaceful rhythm of valley living. A private well supports irrigation, keeping the landscape vibrant year-round. Additional features include air conditioning, a whole-house generator, two laundry areas, and an attached two-car garage. Rarely does a property offer this combination of usable acreage, single-level living, and a premier Carmel Valley location. A timeless retreat defined by space, serenity, and enduring appeal.

25 Miramonte RD, Carmel Valley

Listed by Tim Allen, 831-214-1990 from Coldwell Banker Realty
(If provided) CoList: from

$4,400,000
ML82054297 MLS
Almost 2,000 acres of rare Carmel Valley beauty! The land is versatile with sweeping views of the Santa Lucia Mountain Range and beyond! Experience the natural beauty of rugged outcrops, bountiful grasslands, heritage oaks, seasonal ponds and a wide verdant creek-bed full of willows and wildflowers. Sand Creek runs through the summer, providing an important wildlife dip. Access from both East Carmel Valley Road and Arroyo Seca Road. The road system is in great shape and easy to explore the diverse environs for recreation and hunting. There is a small homestead that needs a re-furbish, a large hay barn, power to the site and a spring for water. A newer homestead is very possible for those who seek privacy, a country life retreat, hosting roundups, trail riding adventures and wildlife sightings! Currently has a grazing lease of about 1,200 acres, with stock tanks, several winter ponds, perimeter fencing which includes five separately fenced rangelands. One of the last big ranches in Southern Carmel Valley, where time stands still, warm winds wave grasslands and birds of prey soar above in silent airtime.

0 E Carmel Valley RD, Greenfield

Listed by Sam J Piffero, 831-236-5389 from Sotheby's International Realty
(If provided) CoList: Aisha A. Krechuniak from Sotheby's International Realty

$4,395,000
ML82053148 MLS
3108 Seacrest Avenue is a brand new eleven-unit apartment complex located in the City of Marina, California. Built in 2025 and delivered in excellent condition, this Class A apartment building represents an extremely unique opportunity to acquire a newly constructed and institutionally finished multifamily investment in the supply-constrained Monterey Bay rental market. Each unit is +/-542 SF, with 8 of the units being one bedroom one bath units, and three being studios. All units feature an open living and kitchen layout, wood imitation vinyl flooring, painted gypsum walls, and tile bathrooms. Ground floor units enjoy private outdoor patios, while second and third floor units have their own decks. Each floor has a dedicated laundry room, generating $5,700 in annual laundry income. The building is served by individual utility meters for each unit, which reduces the owners operating expenses significantly. The property provides eleven (11) on-site parking spaces, including nine (9) surface stalls and two (2) tuck-under spaces, offering approximately one space per unit. The building is walk-up access via staircases on the north and south ends, and includes owner storage, maintenance rooms, and a front server room for building security and alarm systems.

3108 Seacrest AVE, Marina

Listed by Patrick Stafford, 831-238-3592 from Baird Partnership, Inc.
(If provided) CoList: from

$4,395,000
4 Beds 6 Baths ML82044619 MLS Pasadera BLDG.
Perched above the 17th fairway with mountain views, this newly constructed single-level estate offers 5,296 total sf: a 4,456 sf main residence, 440 sf bonus room, and detached 400 sf guest house on a private 0.6-acre homesite. Soaring ceilings and walls of glass fill the home with light throughout. The primary suite features a fireplace, curbless shower, and walk-in closet, plus three additional en suite bedrooms offering privacy for family and guests alike. The chef's kitchen is appointed with premium Thermador appliances, including a 48-inch refrigerator and range, microwave drawer, dishwasher, and built-in coffee maker, anchored by a generous walk-in pantry. A formal dining room, family room, and great room, each with its own fireplace, create a seamless flow for entertaining and everyday living. Additional highlights include a laundry room, mudroom with storage and a secondary refrigerator, powder room, oversized three-car garage, and attic storage. Zero-step single-level living, owned solar, and EV charging complete this offering. The 440 sf bonus room flexes as golf cart storage with direct path access, a studio, or gym. The detached guest house has its own address, full kitchen, bath, laundry, and walk-in closet - ideal for extended family, guests, or income potential.

423 Estrella Doro, Monterey

Listed by Sharyn Evers, 831-648-1500 from The Evers Group
(If provided) CoList: from

$4,395,000
4 Beds 3 Baths ML82033400 MLS
Nestled in the heart of Pebble Beach and surrounded by the prestigious Monterey Peninsula Country Club, this completely remodeled home offers luxury coastal living just blocks from the ocean. Thoughtfully redesigned with the finest finishes, this stunning residence features an expansive open-concept layout with soaring vaulted ceilings, a show-stopping oversized island with quartz countertops, and top-of-the-line luxury appliances in the gourmet kitchen. The main level boasts three spacious bedrooms, including a serene primary suite, while the lower level offers a secondary living space that seamlessly flows to a beautifully landscaped, flat backyard perfect for indoor-outdoor entertaining. An additional bedroom downstairs provides extra flexibility for guests or a home office. Ideally located near world-famous 17-Mile Drive, pristine beaches, and championship golf courses, this exceptional property is a rare opportunity to experience the best of Pebble Beach living.

1025 Sombrero RD, Pebble Beach

Listed by The C Group, 831-601-8936 from Real Brokerage Technologies
(If provided) CoList: from

$4,350,000
4 Beds 3 Baths ML82052946 MLS
This newly built, single-level home in a desirable Carmel neighborhood offers approximately 2,536 sq ft of thoughtfully designed living space. The open floor plan features custom cabinetry, imported Azul calcite finishes, custom wood doors, radiant-heated bathroom floors, and a 6-panel folding door that opens to a 700 sq ft deck for seamless indoor-outdoor living. Built with the intention of creating a healthier indoor living environment through low-emission materials and enhanced air quality, the home features low-VOC Green Building materials, Swedish specialty flooring installed without glue, wool insulation, natural gypsum drywall, sealed framing wood, and two fresh-air circulation systems that bring filtered outside air indoors, a ductless mini-split HVAC system, and an all-electric kitchen. Additional features include purchased solar, a Dutch door, a two-car garage, and a regraded lot for improved drainage. Set on an 11,700 sq ft parcel, the backyard offers space for an ADU, garden, bocce court, or pool.

26047 Atherton DR, Carmel

Listed by Tim Allen, 831-214-1990 from Coldwell Banker Realty
(If provided) CoList: from

$4,300,000
ML82051650 MLS
This property is an exceptional 8-unit investment opportunity in Watsonville. This well-maintained property features seven spacious 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit, offering strong tenant appeal and a proven rental history. Completely renovated in 2025, this property was rebuilt from the studs out with extensive upgrades including new drywall, plumbing, electrical systems, new roofs, modern kitchens with gas cook tops, quartz counter tops, and new cabinetry. Beautifully updated bathrooms with tub and over head shower. Bedrooms are ample sized with large closet area. Built -in storage cabinets in hallway. Luxury plank flooring (LPF) throughout all units. Ground floors have individuals private back yards of various sizes. Upper units have balconies. Conveniently located distance to Target, Home Depot, shopping, dining, and everyday amenities. The property also benefits from an elementary school right on the corner and easy access to downtown Watsonville and HWY 17 For investors seeking a turnkey asset with significant capital improvements already completed, this is a rare opportunity to acquire a fully renovated, income-producing property in a highly desirable location. All units are at current market rates with all utilities paid by tenants.

344 Pennsylvania DR, Watsonville

Listed by Jo Ellen Smith, 831-247-9600 from Bailey Properties
(If provided) CoList: Tim Bowers from Bailey Properties

$4,245,000
ML82053491 MLS
EXCELLENT OPPORTUNITY WHETHER A DEVELOPER OR AN INVESTOR. 2651-2661 Fresno Street is a rare jewel in the heart of Santa Cruz's coveted 26th Ave neighborhood, just 0.3 miles from the beach & surrounded by the coastal lifestyle that makes this pocket so desirable. For a developer, the opportunity is exceptional: feasibility study recommends redevelopment into 3-story townhomes, w/ Option A identifying a 13-unit townhouse concept utilizing State Density Bonus Laws. While pursuing entitlements, the property offers the rare advantage of in-place income, generating $26,000+ per month from 8 updated, fully leased residential units. For an investor, the existing asset is equally compelling. The upside or future opportunity to secure cash flow & retain the upside to sell, entitle or develop for add'l value. The property has updated kitchens & baths, private fenced-in yards, large common area w/ chairs & fire pit, fresh exterior paint & new landscaping, separate gas & electrical meters, 2 laundry rooms w/ app-operated payment, 8 carports & 10 onsite parking. In a market defined by limited housing supply, strong rental demand & exceptional beach proximity, Fresno Street offers immediate income today w/ a seductive path toward future upside tomorrow. Enjoy!

2651-2661 Fresno ST, Santa Cruz

Listed by Helen Pastorino, 408-930-6244 from Pertria
(If provided) CoList: Chris Crego from Pertria

$4,200,000
3 Beds 3 Baths ML82052692 MLS Aptos Ridge Estates Association BLDG.
Coastal Hills just south of Aptos. Home has an elegant and classy style, single level, Ocean and Bay Views, on 4 acres behind a private security gate in Aptos Ridge Estates. Front Court Yard with morning sun and in back the home faces South West with lovely mountain and ocean views. This spacious 3,364 sq ft home features three bedrooms, two full & one half bathrooms, a primary bedroom with a walk-in closet and a stall shower fireplace and a jacuzzi tub. The property offers hardwood flooring throughout and multiple wood-burning fireplaces located in the family room, living room, and primary bedroom. The kitchen is equipped with both electric and gas ovens, a dishwasher, trash compactor, and a hood over the range, flowing into a combined kitchen and family room area. Additional living space includes a formal dining room, a family room with open beam ceilings, plus a wet bar. Laundry is conveniently situated in the utility room. The home includes a three-car garage, with loft storrage and is part of the Pajaro Valley Unified elementary school district.

255 Aptos Ridge CIR, Watsonville

Listed by Paul Bailey, 831-818-0406 from Bailey Properties
(If provided) CoList: from

$4,200,000
ML82042003 MLS Castroville Industrial Park BLDG.
Rare opportunity to acquire two adjacent light industrial properties in the Castroville Industrial Park totaling approximately 2.27 acres. Located at 11000 and 11080 Commercial Parkway, this combined offering includes a ±6,585 SF industrial building on one parcel and an additional ±1.02-acre parcel with warehouse providing exceptional flexibility for expansion, storage, or redevelopment. Built out administrative building with reception area, restrooms and conference room. The properties benefit from their strategic location near Highway 156 and Highway 1, offering convenient access to Monterey, Salinas, and Santa Cruz markets. Ideal for owner-users looking to scale operations or investors seeking value-add potential in a tightly held industrial submarket. With ample land, functional improvements, and strong regional connectivity, this is a unique chance to secure a versatile industrial footprint on Californias Central Coast.

11080 Commercial PKWY, Castroville

Listed by Charles Allen, 831-818-1069 from KW Thrive Santa Cruz
(If provided) CoList: from

$4,199,000
ML82047880 MLS
Rarely available Salinas 16-unit apartment complex. 9.64 GRM & a 6.31% cap rate with new Proposition 13 taxes. Unit mix is all 2-bed / 1 bath. Lots of positives: 1983 construction, most of the wood siding replaced in the last 3 years, deck replacement & repairs last 4 years, SB721 clearance, exterior repainted, complex-owned laundry equipment, and Jeld-Wen vinyl windows. Interiors have remodeled the kitchens, installed new lighting, fans, and flooring, and installed new bathroom fixtures. Most units have a private deck, enclosed patio, some of which are quite spacious. There are two offices - one for management and one for ownership. The North Salinas location is close to shopping, amenities, Costco, Target, Safeway, banks, and many restaurants. Easy access to Highway 101 and may employment centers.

Castro ST, Salinas

Listed by Hap Albers, 408-893-6002 from Albers Real Estate Investment Company
(If provided) CoList: from

$4,195,000
6 Beds 5 Baths ML82053204 MLS
Nestled in the heart of Pebble Beach, 1579 Griffin Road is a spacious retreat spanning 5,503 SqFt, with 6 bedrooms and 4.5 elegantly appointed bathrooms. Set on a gated 1.13 acre lot, surrounded by the serene Del Monte Forest. It's the things you can't change about this property that make it special. Nestled next to open space at the end of a cul-de-sac, it offers easy access to hiking and outdoor adventures. Its west-facing orientation fills the home with natural light throughout the day. The property is serene, with a thoughtfully designed floor plan ensures seamless inside-out living, creating a rare and special place to call home. The chef's kitchen is a culinary dream with top-tier appliances, custom cabinetry, a French pizza oven, and a generous island and breakfast bar for entertaining. The kitchen flows effortlessly through French doors to the patio with a gorgeous outdoor fireplace. Other highlights include a lavish primary suite with a spa-inspired bath, dual vanities, and a walk-in closet, a 3-car garage, and lush gardens with fruit trees and meandering pathways. Just moments from iconic golf courses, world-class dining, and breathtaking ocean vistas, this Pebble Beach gem is an incredible opportunity to experience California's coastal elegance at its finest.

1579 Griffin RD, Pebble Beach

Listed by Tim Allen, 831-214-1990 from Coldwell Banker Realty
(If provided) CoList: from

$4,195,000
7 Beds 7 Baths ML82029312 MLS
Galewood is a charming compound that carries the quiet luxury of a Carmel property held in one family for more than 50 years. Timelessly crafted, the main house offers 5 bedrooms and 4.5 baths across 3,336 SqFt, with 4 fireplaces, hardwood floors, brick tile accents, and warm redwood interiors. Tucked into its own corner of the grounds is a quaint, 878 SqFt cottage with 1 bedroom and 1 bathroom. The Barn, crafted by Daniels and House, features 665 SqFt of living space with 1 bedroom and 1 bathroom, along with a 4-car garage. Behind the Barn is a bridge connecting directly into Mission Trail Park, a 34-acre preserve with winding trails. Outdoor amenities include a dual-sport court, large deck overlooking the forest, tiered entertaining areas, lighted pathways, and lush gardens. Together, these pieces form an elevated Carmel compound with 4,879 SqFt of total living space across nearly 26,000 SqFt of land, providing an unplugged, summer-camp-like sense of escape. With its rare scale and history, the property supports multigenerational living, a generational family retreat, investment options, or a timeless legacy estate.

0 Crespi 2 NE of Flanders WAY, Carmel

Listed by Tim Allen, 831-214-1990 from Coldwell Banker Realty
(If provided) CoList: from

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