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870 Alice St , Monterey, CA 93940
$2,300,000
Est. Payment: $12,623.26/mo
3500 Sqft
0.23 Acres
Status: Active | Days on site: 16
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ML6043141 - ML5102450
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Chris Heller
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House Description

Attractive Seller Financing Option!-Welcome to Whispering Oaks, an enchanting collection of 7 stand alone cottages, ranging in size from approximately 300 to 450 square feet, nestled on an oversized 10,000-square-foot lot beneath the beautiful whispering oaks of New Monterey. City may permit up to 15 units with water credits if available. Confirm unit measurement's via Inspection's and or your own investigations. Just minutes from the Monterey Bay Aquarium, Cannery Row, and the beach, this charming cottage community offers both on-street and off-street parking, an on-site coin-operated laundry room, and garage storage. Wander through the enchanted gardens, where separate sitting areas tucked beneath the whispering oaks create peaceful spaces to relax and enjoy the natural surroundings. Whispering Oaks offers a rare opportunity to own a truly special and charming piece of Monterey.
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Highlights

Listed by Mae Lamb , 831-917-9857 Mae Lamb, Broker , (831) 917-9857. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.23

Year Built

1964

County

Monterey

Area

699 - Not Defined

 School District

Other

Listing ID

ML82058607

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:Level,No Land Lease
Zoning:Multi-Family
Roof:Composition
Principal Interest
$12,623
Taxes
$1,000

Home Price

$2,300,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$460,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,623.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,623.26 $1,000.00 $0.00 $13,623.26
Yearly $151,479.11 $12,000.00 $0.00 $163,479.11
Total $4,544,373.35 $360,000.00 $0.00 $4,904,373.35

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Monterey, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T11:10:31.000Z

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