307 Monroe Street
Monterey, CA, 93940 $ 1,275,000
Bedrooms2 Baths2.0 Sq 1,475 Monthly Estimate*
$ 8,806
for $1,275,000 with 2 bedrooms and 2 full baths. This 1,475 square foot home was built in 1947 on a lot size of 0.1423.
Welcome to 307 Monroe Street an exceptional Old Monterey home offering rare walkability, a larger than typical 1,475 sq ft footprint, and a beautifully maintained 2BD/2BA layout on a generous 6,199 sq ft lot. This property delivers the charm of a classic Monterey neighborhood with the space, function, and lifestyle buyers struggle to find in this price band. The home features a bright, open living area, updated systems, and a detached garage ideal for ADU potential, studio use, or secure storage. The oversized lot provides privacy, expansion flexibility, and outdoor enjoyment uncommon for the area. Located just moments from Alvarado Street dining, the Wharf, the Library, and neighborhood parks, this address offers one of Monterey's most coveted walkable lifestyles. Additional advantages include a 2.25% assumable VA loan, expanding the buyer pool and enhancing affordability for qualified purchasers. With clean presentation, strong systems, and a location known for long term desirability, 307 Monroe stands out as a rare opportunity in one of Monterey's most stable micro-markets. Don't miss the chance to secure a home that blends charm, space, and walkability perfectly positioned for todays Monterey buyer.
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FeaturesGeneralLiving Area 1475
Sewer Public Sewer
Heating Forced Air
Cooling None
Roof Composition Shingles
Zoning Mult
Garage Spaces 1
Year Built 1947
Stories Count 1
Levels One Story
Property Subtype Detached
County Monterey
Property Type Residential
HOA false
Garage Y/N true
Full Baths 2
Status Pending
City Monterey
High School District Monterey Peninsula Unified
MLS Area Listing
Lot Size Square Feet 6200
Standard Status Pending
Elementary School District Monterey Peninsula Unified
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InteriorInterior Amenities Dining Area Family Room
Flooring Hardwood Tile
Fireplace Features Living Room
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 2
Kitchen Features Disposal
Total Baths 2
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ExteriorParking Features Attached Off Street
Lot Size Area 6200
Building Area Total 1475
Lot Size Acres 0.1423
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* Excluded FeaturesList ByRobert ChestnutListing Agent
robertchestnut@live.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,806
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Monterey, CA
Average List Price $1,820,178
Percent of Sale Price 43%
About Monterey, CA 29,815 Population
2% Since 2002
$ 74,167 Median Income
38.42 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
4399484 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/19/2026 | $1,275,000 | | Listed Price |