Real Estate For Sale in...

0 Sylvan RD, Monterey, CA 93940

Land MLS# 81670173 ID: 46518013
$2,300,000 Get Rates

Known locally as the Raiter Property, this rare land offering consists of a five-ninth (5/9th) interest in each of two adjoining parcels that together comprise 16.95 acres, all within the city limits of Monterey. Parcel 001-761-045 is 1.225 acres. Parcel 001-761-046 is 15.725 acres and has one recently drilled well. Both parcels front on Sylvan Rd. just SW of the junction of Iris Canyon Rd. & Barnett Segal Ln. in the prestigious Jacks Peak area, Approx. 650 Ft. from Del Monte Center. Topography is level to moderately sloping, culminating in a soft rise at the rear of the property. Zoned PC (Planned Community). The General Plan calls for "Very Low Density Residential" , i.e. fewer than 2 homes per acre. A conceptual rendering by RW&D Architects for 23 homes is attached (see photos) but no development plans have been approved. Only a 5/9 interest is being offered for sale at this time. However, the owners of the remaining 4/9 interest have indicated that they may be willing to sell.

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Location Information near 0 Sylvan RD
Offered by Frank Merrill, Broker

Would you like more information regarding this property?
Please call (831) 423-5667.

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Property Features for 0 Sylvan RD
Market Status
Last Updated
August 19, 2017
Property Type
Approx. Lot Size
16.95 Acres


  • MLS Area: Jacks Peak
  • Frank Merrill, Broker

Data Provided by:
MLS Listings, Inc.

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More information about this $2,300,000 Land at 0 Sylvan RD

This $2,300,000 Land at 0 Sylvan RD in Monterey, CA is presented by Frank Merrill. This $2,300,000 Land, located in the 93940 zip code, has the following property features: MLS Area. This 0 Sylvan RD Land, located in Monterey County , is listed under MLS listing number 81670173 and has a listing price of $2,300,000. You can find more MONTEREY homes for sale here.