Monterey's Three Disclosed Spring Sales Span $280,000 to $1.9 Million

MONTEREY -- A $1.9 million transfer on Stevens Lake Way headlined a late spring period in which 15 deeds were recorded in Monterey but only three carried disclosed sale prices, limiting the market picture available from public records.

• MARKET OVERVIEW
• Fifteen deeds were recorded in Monterey between May 28 and June 26, 2026, but just three of those transactions carried disclosed consideration amounts: $280,000, $874,163, and $1,900,000. The median of the three disclosed sales is $874,163, with a full disclosed price range of $280,000 to $1.9 million. Because 12 of the 15 transfers carried no stated consideration, the figures above reflect only a partial view of activity; the volume of recorded deeds indicates a moderately busy period for the registry, though the economic picture of the broader market cannot be drawn from three data points alone. Several transfers appear to involve institutional grantors — including two banks and a credit union — as sellers, and at least two transfers list government or conservation entities as buyers.
• TOP SALES
• The highest disclosed transaction was 141 Stevens Lake Way, which sold June 1 for $1,900,000. The Koenig Family Nominee Realty Trust, with Edward Koenig as trustee, conveyed the property to the Allan David Lederman Revocable Trust. The second-highest disclosed sale was 10 Phelps Road, which sold May 28 for $874,163; Gail Padalino, trustee of the Bodin Phelps Road Revocable Trust, sold to Christopher and Stephanie Asmis. The lone remaining disclosed sale, 10 Art School Road, changed hands June 8 for $280,000; Casolari Group LLC sold to Franklin and Ilysse Rimalovski.
• NEIGHBORHOOD BREAKDOWN
• Stevens Lake Way produced one of the period's most notable disclosed transactions at $1.9 million, while a second deed recorded the same day at the same address — 141 Stevens Lake Way — carried no disclosed price, suggesting a related or simultaneous conveyance from the same seller. Pixley Road saw two transfers during the period, at 121 Pixley Road and 141 Pixley Road, with neither carrying a disclosed price. Two conservation or municipal entities — Monterey Town Conservation and Monterey Town Clerk — appear as grantees in separate transactions, at 223 Mount Hunger Road and 20 Laurel Banks, respectively, both with price not disclosed. The three disclosed sales span a wide range: one below $500,000 (Art School Road at $280,000), one between $500,000 and $1 million (Phelps Road at $874,163), and one above $1 million (Stevens Lake Way at $1.9 million).
• MARKET NOTES
• Of the 15 recorded deeds, at least two list banks or a credit union as sellers — NBT Bank NA and SBT Mortgage Service Corp. on Blue Hill Road, Lee Bank on River Road, and Greylock Federal Credit Union on Pixley Road — a pattern consistent with lender-held properties, though the nature of each transfer cannot be confirmed from deed data alone. At least two transfers appear to route property to conservation or municipal ownership, which reduces the count of conventional market transactions further. The transfer at 9 Heron Pond Park Road lists identical names on both the grantor and grantee lines — Daniel A. and Dina M. Leyden — indicating an intra-party conveyance rather than an arm's-length sale. Entry No. 10 in the dataset carries no street address, only the municipality, and no price; it cannot be reported with specificity. Bed, bath, and square footage data are not available from deed records and are omitted throughout.