UNKNOWN
Miramonte - The Future Growth of Monterey County
Private Address
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Miramonte in Soledad is Monterey County’s next major housing community, approved for 1,318 single-family lots, 1,074 multi-family units, and 100,000 sq. ft. of commercial space. Planned lot sizes range from 4,500–7,000+ sq. ft. with homes proposed pricing from $650,000–$800,000 and small-lot SFD and duets averaging $450,000. The project will generate an estimated $1.2B in home sales and $12M in annual rent over its 10-year buildout. Miramonte fulfills the City’s northward expansion and has approvals from City Council and LAFCO, with annexation pending finalization of a farmland preservation easement. National builders are showing interest due to Soledad’s affordability compared to Salinas and the Monterey Peninsula (median $1.4M). The subdivision includes 20% affordable housing, with a mix of moderate, low, and very low-income units, supported by a partnership with Eden Housing. Infrastructure planning is complete, with $70M+ in bond financing expected through a Community Facilities District. Soledad, one of California’s fastest-growing cities, is the Gateway to Pinnacles National Park and a hub of the $8B Salinas Valley agriculture industry, offering families affordability, growth, and opportunity.
Co-listed with Sam Greason of Bella Vista Land Advisors, DRE #01237277
Miramonte in Soledad is Monterey County’s next major housing community, approved for 1,318 single-family lots, 1,074 multi-family units, and 100,000 sq. ft. of commercial space. Planned lot sizes range from 4,500–7,000+ sq. ft. with homes proposed pricing from $650,000–$800,000 and small-lot SFD and duets averaging $450,000. The project will generate an estimated $1.2B in home sales and $12M in annual rent over its 10-year buildout. Miramonte fulfills the City’s northward expansion and has approvals from City Council and LAFCO, with annexation pending finalization of a farmland preservation easement. National builders are showing interest due to Soledad’s affordability compared to Salinas and the Monterey Peninsula (median $1.4M). The subdivision includes 20% affordable housing, with a mix of moderate, low, and very low-income units, supported by a partnership with Eden Housing. Infrastructure planning is complete, with $70M+ in bond financing expected through a Community Facilities District. Soledad, one of California’s fastest-growing cities, is the Gateway to Pinnacles National Park and a hub of the $8B Salinas Valley agriculture industry, offering families affordability, growth, and opportunity.
Co-listed with Sam Greason of Bella Vista Land Advisors, DRE #01237277
