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
631.47 Acres lot
Miramonte: Soledad’s next chapter in homes, growth, and opportunity.
– Tim Allen
With many decades of combined knowledge of the Monterey Peninsula, the Tim Allen Properties team looks forward to providing you with a real estate experience that is second to none. Please feel free to explore our website, and contact Tim or any one of the team members with any questions you may have.