751 Hawthorne St, Monterey, CA 93940

$335,000
List Price
$335,000
Price Change
▼ $15,000 1633585519
MLS#
ML81851849
Status
ACTIVE
Zoning
R-2-4
Lot Size
6,000
Neighborhood
New Monterey

Property Description

Wow a Stunning Ocean view lot in an unbeatable location. Just a stone's throw from the beach, historic Cannery Row, and a short distance to the Monterey Bay Coastal Recreation Trail to Old Fisherman's Wharf. Don't miss this fantastic long-term investment while waiting for water. Buyer to investigate water and building requirements with the City of Monterey to verify your specific vision for this fabulous piece of property. Keep your eyes and ears open as well regarding future water. Based on the Monterey Herald's recent article on 9/28/2021 the Monterey Peninsula Recycled Water Project appears to be gaining steam and looks like a real promising possibility for some future water on the Monterey Peninsula. Per the City Planner of Monterey: The City Code allows for a density bonus of up to 35%, which would increase the total number of units allowed on the property from 4 to 5 units, as long as there is at least 1 low-income unit in addition to 4 standard units.

Additional Information

Acres
0.1377
Development Status
Improvements - None, Unimproved Land
Fence
None
Lot Description
Grade - Gently Sloped
Lot Size
6,000
Neighborhood
New Monterey
Other Utilities
Electricity - Available at Street, Gas - Available at Street, Public Utilities
Parcel Access
City Street
Present Use
Vacant
Sewer
Sewer - Public
View
Bay View, View of City Lights
Zoning
R-2-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Russell Group from Shankle Real Estate

board logoBased on information from MLSListings MLS as of 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. Properties may or may not be listed by the office/agent presenting the information.


Copyright 2021 MLSListings Inc. All rights reserved