$1,949,000

At the base of the pines and oaks of Skyline Forest, this triplex sits on a quiet wooded hillside minutes above downtown Monterey. The opportunities are numerous: three separate residences (244, 246, and 248) under one roofline, each with its own dedicated entrance, privacy, and character. One unit is warm and traditional, with a stone fireplace and hardwood floors. Another is bright and contemporary, with ample cabinetry and French doors to a private patio where you can bask in the beautiful forested setting. Light-filled bedrooms abound in all three units, and bathrooms are crisp and modern. A long private drive ensures plenty of off-street parking for your guests or tenants, and mature trees, a fenced backyard, and a storage shed complete the outdoor space. The neighborhood is private, yet within easy reach of downtown, the wharf, the hospital, the Naval Postgraduate School and DLI, and the Highway 1 Pebble Beach gate. For an investor, this property offers three income streams on a single parcel. For an owner-occupant, it is a chance to live in one and let the other two work for you. Welcome to a rare foothold on the Monterey Peninsula.