Opportunity knocks in this coveted Peters Gate neighborhood.This immaculate home offers five bedrooms, one with a separate entrance, three full baths, high ceilings and abundant light. The living room has a cozy wood burning fireplace that anchors the room. Situated on a large level lot with a huge fenced backyard that is perfect for all types of outdoor activity and relaxation. The residence was completely re-built in 1998 with an additional 1000 square feet of living space added to the home. A new 50 gallon water heater has hot water on demand. There is a new high efficiency Lennox home heater & a water purifying system. New exterior paint and landscaping. Enjoy the views of the Monterey forest in this location's sunny micro-climate. Easy access to Historic Old Town Monterey for dining, theaters, shopping and the harbor with its abundant wildlife at its shores.