Remarks

Built in 1986, Villa Monte Vista set the standard as Visalia's first luxury, Class 'A' gated apartment community. With superior construction and upscale amenities, it quickly became the most sought-after rental residence in the area—and to this day, it remains one of Visalia's most desirable places to live.
Step back in time with a look at the original marketing materials, including detailed floor plans, and see why this community has stood the test of time. The 52 meticulously designed units include: 36 spacious 2-bed 2-bath residences...8 elegant 3-bed, 2-bath homes...8 cozy 1-bed, 1-bath retreats. From the beginning, Villa Monte Vista was designed to redefine rental living: 'Spacious contemporary floorplans, custom home finishing touches, carefully crafted details... could we be describing a rental home? For the first time, the people of Visalia have a rental residence option that is truly luxurious.' Nestled around beautifully landscaped courtyards, the Spanish-style villas offer an oasis of tranquility, complete with a resort-style swimming pool and heated spa for ultimate relaxation. Built by Benart Development with future condo conversion in mind, each unit includes a designated single-car garage, with an additional 37 uncovered parking spaces available. The mature landscaping enhances privacy, while the gated entry ensures security, protecting residents and their property. Inside, every unit is fully equipped with a refrigerator, washer, and dryer, along with luxurious architectural touches such as fireplaces and tray ceilings. Under the same meticulous management for over 30 years, Villa Monte Vista has been carefully maintained with a philosophy of keeping rents below market to encourage long-term residency. Rents were held steady through COVID and only increased to the maximum allowable in early 2025. Current vacancies are being filled at significantly higher rates, the strategy remains to gradually align rents with market values.

Details

MLS#: 233162
Price: $10,925,000

Style: Commercial
Sq Ft: 52976
Year Built: 1986

County: Tulare
Lot Size: 247 x 596