See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

24275 Via Malpaso, Monterey, CA, 93940

4beds
6baths
6,003sqft
$5,900,000
$983price/sqft
$37,764/moest. monthly cost
$1,510,560/yrincome needed

About This Home

Discover unparalleled luxury in this brand-new architectural masterpiece by Eric Miller. Situated on 1.79 acres in Monterra, this 6,003 sq. ft. estate blends modern sophistication with timeless elegance. The main residence features a circular entry, light-filled great room, formal dining area, soaring ceilings, wide plank European oak floors, and a cozy fireplace nook. The gourmet kitchen boasts high-end appliances, a large island, Quartzite countertops, and a bright breakfast nook. The primary retreat includes a spa-like bath, soaking tub, spa shower, and two walk-in closets. Additional highlights include an office, wine room, media room, elevator, and 4-car garage. Guest quarters include a separate guest cottage or game/party room that opens to the large patio and a 2nd private guest suite. Designed for indoor-outdoor living, the patios feature a fireplace, fire pit, fountain, and multiple spaces for entertaining. The epitome of luxury living in Monterra, offering privacy, consummate craftsmanship, and endless possibilities.

Getting Around

0
WalkingCar-Dependent
13
TransitMinimal Transit
6
BikeSomewhat Bikeable

Schools

7/10
8/10
Monterey High SchoolGrades 9-123.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Concrete Perimeter,Slab,Reinforced Concrete,Steel Frame,Wood Frame
  • Roof: Tile
  • Construction materials: Concrete,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mediterranean,Spanish
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Disposal,Range Hood,Microwave,Built In Oven,Double Oven,Self Cleaning Oven,Built In Oven/Range,Refrigerator,Dryer,Washer
  • Laundry features: Gas Dryer Hookup,Tub/Sink,Upper Floor,Inside

Bathroom

  • Features: Bidet, DoubleSinks, DualFlushToilet, Granite, ShowerandTub, StallShower2plus, FullonGroundFloor, PrimaryOversizedTub, HalfonGroundFloor, OversizedTub

Bedroom

  • Features: GroundFloorBedroom, InvertedFloorPlan, PrimarySuiteRetreat, PrimarySuiteRetreat2plus, ReverseFloorPlan, WalkinCloset, PrimaryBedroomonGroundFloor, PrimaryBedroom2plus

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Dining Room

  • Features: BreakfastRoom, DiningArea, DiningAreainLivingRoom, DiningBar, EatinKitchen, NoFormalDiningRoom

Family Room

  • Features: NoFamilyRoom

Features

  • High Ceilings,One Or More Skylights,Vaulted Ceiling(s),Video Audio System,Wet Bar,Walk-In Closet(s),Inverted Floor Plan,Security Gate
  • Flooring: Hardwood,Laminate,Travertine
  • Number of fireplaces: 4
  • Fireplace features: Living Room,Other,Outside

Heating & Cooling

  • Heating features: Central Forced Air Gas,Electric,Fireplace(s),Forced Air,Gas,Heat Pump,Radiant,Radiant Floor
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 6,003
  • Total interior livable area: 6,003 sqft

Kitchen

  • Features: Countertop_Stone, Hookups_IceMaker, IslandwithSink, Pantry

Property

Accessibility

  • Accessibility features: Elevator/Lift,Parking,Customized Wheelchair Accessible,Accessible Doors

Details

  • Parcel number: 259101066000
  • Zoning: RDR/B-6-UR-D-S
  • Special condition: Standard

Features

  • Stories: 2
  • Patio & porch: Balcony/Patio
  • Exterior features: Back Yard,Barbecue,Fire Pit
  • Fencing: None
  • Has view: Yes
  • View description: Canyon,Forest/Woods,Garden/Greenbelt,Greenbelt,Hills

Lot

  • Lot size: 1.79 Acres
  • Features: Hillside,Grade Varies,Ground Floor

Parking

  • Total spaces: 4
  • Parking features: Attached,Electric Vehicle Charging Station(s),Garage Door Opener,Guest,Lighted,Parking Area
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding
Landslide
Wildfire

FEMA Declared Disasters in Monterey County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $29,833$357,996
Home Insurance *$1,038$12,456
Property Taxes $5,606$67,272
Electricity $1,287$15,447
Total$37,764$453,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,294,765/yr
40% on housing$1,132,920/yr
45% on housing$1,007,040/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$983This listing

vs Other Active Listings

Avg $/sqft

ZIP 93940$630
Monterey County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 93940$681
Monterey County$589

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-04Listed for sale$5,900,000
2025-10-10Pending sale$5,900,000
2025-10-03Contingent$5,900,000
2025-09-08Price change$5,900,000
2025-04-18Listed for sale$6,500,000
2017-01-13Sold$200,000
2016-10-28Listed for sale$250,000
2009-03-04Sold$100,000

New Construction

AgentShelly Lynch
BrokerageCarmel Realty Company

Similar Homes