Listed 3 days ago · July 31, 2026 | MLS# ML82056216
$4,821/sqft +479% vs Monterey avg
What this means: Priced above the Monterey per-sqft average. Compare to recent sales below for context.
Est. $42,318/moP&I $35,024 · Tax $7,031 · Insurance $262 · HOA $0Assumes 20% down ($1,350,000) 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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Just Listed, 3 Days on Market
Monterey avg is 35 days. Early showings often see the most competition.
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3 Bed / 2 Bath / 1,400 sqft on 217,800 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $6.8M vs City Average $1.5M
$4,821/sqft compared to Monterey avg $833/sqft (+478.8%).
Best fit forActive BuyersMonterey SearchersMove-Up / Move-In
About This Home
Perched on a towering 250-foot bluff along Big Sur's rugged coastline, the Cliff House captures sweeping, unobstructed ocean views from nearly every room. Set directly on iconic Highway 1, the property delivers rare privacy and solitude while remaining just 15 minutes to Big Sur and 25 minutes to Carmel. The main residence offers a spacious primary suite with en-suite bath, a second bedroom, full guest bathroom, and a den, all oriented to the sea. A remodeled, 400± sq. ft. detached bunkhouse adds a flexible guest retreat or studiocomplete with kitchenette, full bath, and a private ocean-view deck. A stone fireplace anchors the living room, while modern infrastructure includes Starlink high-speed internet and an off-grid solar power system.
MLS ID #ML82056216, Heinrich Brooksher. Listing provided by Carmel Realty Company · MLSListings Inc.
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Property Details
Property Type
Single Family Residence
Year Built
1967
Bedrooms
3
Bathrooms
2 Full
Living Area
1,400 sqft
Lot Size
217,800 sqft
Garage
N/A
Price/sqft
$4,821
County
Monterey
MLS Number
ML82056216
Status
Active
Stories
N/A
HOA
None
Interior Features
Gas
Exterior & Lot
Shingle Roof5.00 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
40990 Highway 1, Monterey, CA 93940 · Monterey County
Market Context
Price Positioning
$Price context: Listed at $4,821/sqft vs Monterey avg $833/sqft (+478.8% above).
$Sale-to-list: Monterey homes selling at 99.3% of asking.
⏲Velocity: City avg 35 days. This home: 3 days.
🏠Inventory:19 3-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.
NorthBigSurCoast in Monterey, California (93940) continues to attract significant buyer interest. 40990 Highway 1, a 3-bedroom single-family home with 1,400 square feet of living space, is listed for $6,750,000. The surrounding market reflects strong demand for properties in this price segment.
3-Bedroom Homes for Sale in Monterey 93940
Browse 3-bedroom single-family home listings in the NorthBigSurCoast area of Monterey. Properties in 93940 are currently averaging $833 per square foot with 35 days on market.
What to Expect When Buying in NorthBigSurCoast
The NorthBigSurCoast 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 $6,750,000 ($4,821/sqft). Monterey avg is $833/sqft, placing this +478.8% above. Comparable recent sales help frame the value.
Listed 3 days (as of July 31, 2026). Monterey average is 35 days.
Est. $42,318/mo with 20% down ($1,350,000) at 6.75%. Includes principal & interest ($35,024), property tax ($7,031), 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 (19 are 3-bedroom). At $6,750,000 this is positioned against the city average of $1,537,342. Similar homes have sold at 99.3% of asking.
3-bedroom homes in Monterey (93940) are currently averaging $833 per square foot. Market activity shows homes spending an average of 35 days on market in this area.
40990 Highway 1 in Monterey is currently listed at $6,750,000. This 3-bedroom, 2-bathroom single-family home is located in the NorthBigSurCoast 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 Aug 3, 2026 7:00 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: Aug 3, 2026 7:00 PM PT | Source: MLSListings Inc.
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