Listed 54 days ago · May 26, 2026 | MLS# ML82048590
$637/sqft -21% vs Monterey avg
What this means: Priced below the Monterey per-sqft average. Compare to recent sales below for context.
Est. $10,838/moP&I $8,808 · Tax $1,768 · Insurance $262 · HOA $0Assumes 20% down ($339,500) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Monterey, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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4 Bed / 3 Bath / 2,663 sqft on 10,200 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $1.7M vs City Average $1.5M
$637/sqft compared to Monterey avg $808/sqft (-21.1%).
Best fit forActive BuyersMonterey SearchersMove-Up / Move-In
About This Home
Nestled on a sprawling, lush lot within a serene Monterey forest, this meticulously transformed single-story residence is a rare find. Over the years, extraordinary care and resources have been placed into the home, with pride of ownership evident at every turn. Oak hardwood floors, dual-pane windows, crown molding and solid-core doors add elegance throughout. The beautifully remodeled kitchen showcases custom cabinetry, Caesarstone quartz counters, stainless appliances and a separate pantry with abundant storage. The impressive primary bedroom features walk-in closet and luxurious ensuite bath. The crown jewel is a stunning studio addition - soaring beamed ceilings, walls of windows and forest views create a bright, inspiring space for creativity. Energy efficiency is real: 32 solar panels, battery backup, EV charger and heat pump with AC deliver remarkable self-sufficiency. Four sets of glass doors open to thoughtfully landscaped grounds featuring an expansive deck, flagstone patios, granite pathways, 16-zone irrigation and drought-tolerant plantings that feel like a nature sanctuary. A dedicated laundry room and 2-car attached garage add everyday convenience. All this just minutes from world-class dining, the blue waters of Monterey Bay and the legendary links of Pebble Beach.
MLS ID #ML82048590, Nate Randall. Listing provided by Sotheby’s International Realty · MLSListings Inc.
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Property Details
Property Type
Single Family Residence
Year Built
1971
Bedrooms
4
Bathrooms
2 Full, 1 Half
Living Area
2,663 sqft
Lot Size
10,200 sqft
Garage
2 Spaces
Price/sqft
$637
County
Monterey
MLS Number
ML82048590
Status
Pending
Stories
N/A
HOA
None
Interior Features
CentralForcedAir_Gas, HeatPump, SolarwithBackup
Exterior & Lot
Composition, Shingle Roof2-Car Garage0.23 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
3 Forest Rise PL, Monterey, CA 93940 · Monterey County
Market Context
Price Positioning
$Price context: Listed at $637/sqft vs Monterey avg $808/sqft (21.1% below).
$Sale-to-list: Monterey homes selling at 99.5% of asking.
⏲Velocity: City avg 38 days. This home: 54 days.
🏠Inventory:16 4-bedroom homes currently available in Monterey.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
This 2,663 square foot single-family home at 3 Forest Rise PL in Monterey features 4 bedrooms and 3 bathrooms. Pending sale at $1,697,500, this SkylineForestSkylineRidge property reflects the current pricing trends for 4-bedroom homes in the 93940 zip code.
4-Bedroom Homes for Sale in Monterey 93940
Browse 4-bedroom single-family home listings in the SkylineForestSkylineRidge area of Monterey. Properties in 93940 are currently averaging $808 per square foot with 38 days on market.
What to Expect When Buying in SkylineForestSkylineRidge
The SkylineForestSkylineRidge market in Monterey features a mix of single-family home properties ranging from starter homes to luxury estates. Current inventory levels suggest moderate conditions for buyers in this area.
Listed at $1,697,500 ($637/sqft). Monterey avg is $808/sqft, placing this 21.1% below. Comparable recent sales help frame the value.
Listed 54 days (as of May 26, 2026). Monterey average is 38 days.
Est. $10,838/mo with 20% down ($339,500) at 6.75%. Includes principal & interest ($8,808), property tax ($1,768), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 89 active listings in Monterey (16 are 4-bedroom). At $1,697,500 this is positioned against the city average of $1,476,707. Similar homes have sold at 99.5% of asking.
4-bedroom homes in Monterey (93940) are currently averaging $808 per square foot. Market activity shows homes spending an average of 38 days on market in this area.
3 Forest Rise PL in Monterey is currently listed at $1,697,500. This 4-bedroom, 3-bathroom single-family home is located in the SkylineForestSkylineRidge area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Jul 19, 2026 3:15 PM PT. 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.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Jul 19, 2026 3:15 PM PT | Source: MLSListings Inc.
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