Rancho Paraje de Sanchez (also called "Rancho Punta del Monte") was a 6,584-acre (26.64 km2) Mexican land grant in the Salinas Valley, in present day Monterey County, California. It was given in 1839 by Governor Juan B. Alvarado to Francisco Lugo.
Francisco Lugo was granted the one and one half square league Rancho Paraje de Sanchez in 1939.
With the cession of California to the United States following the Mexican-American War, the 1848 Treaty of Guadalupe Hidalgo provided that the land grants would be honored. As required by the Land Act of 1851, a claim for Rancho Paraje de Sanchez was filed with the Public Land Commission in 1853, and the grant was patented to Juana Briones de Lugo et al. in 1866.
Francisco Soberanes, who inherited Rancho Ex-Mission Soledad, later purchased the adjoining Rancho Paraje de Sanchez.