Here is an extraordinary chance to acquire two homes on a large lot within the highly desirable Peter's Gate neighborhood of Monterey. This property has remained in the same family for more than 50 years. It needs an imaginative new owner to bring out its incredible potential. The main house offers four bedrooms and two full bathrooms, including a primary suite with soaring ceilings, an en-suite bath, and ample closet space. The kitchen has an abundance of cabinetry in clean condition, and the adjoining dining room features distinctive accent tiles. Imagine the evenings you can spend by the rock fireplace in the massive living room. The separate ADU functions beautifully as a guest house, rental, or comfortable haven for live-in relatives. It features one bedroom, one full bathroom, and a bonus space or office. There is an open concept living area and kitchen, and a private deck large enough for hosting friends on barbecue nights. A long driveway runs from the street to a single-car garage attached to the back house. Bring your ideas, and create the lifestyle of your dreams in a lush and tranquil neighborhood just moments from Highway 1, restaurants, shops, and all the charms of Old Town Monterey and the rest of the incomparable Monterey Peninsula.