940 Madison ST Monterey, CA
$ 100,000
Property Attributes
  • MLS#ML81802333
  • TypeContingent
  • CountyMONTEREY
  • CityMonterey
  • AreaOld Town Monterey
  • Zip93940
  • StyleVacant
  • Price$ 100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,999 SqFt
Listing Provided Courtesy Of:
Rita Painter with Century 21 Showcase Realtors.
Property Description

Massive Price Reduction!! Seller wants to sell asap and looks forward to an offer! There are two available residential lots, located side by side available in a great Monterey, Old Town location, close to everything! Each lot measures 40'x100'. This listing is for the vacant lot at 930 Madison St. The adjacent lot, 930 Madison St (ML81802334)., is also available for the same listing price. Purchase one or both to hold and build upon once water becomes available. Currently Monterey area has a water shortage so no new water meters are being installed. Therefore all vacant lots that do not have current water credits can not be allocated any city water at this time. There are plans underway for a desalinization plant to address this, but there is no timeline for when that or another water solution will be available.

Price History
7/22/2020 Listed $150,000
11/17/2020 34% - $100,000


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93940

AVG $860K
AVG 26
AVG 53
Data Provided by Walkscore ® not using MLS data