1 Crescent Circle, Monterey, California 93940, Monterey, 93940 - 4 bed, 3 bath
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Monterey, California 93940
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,625,000—positioned well below the $1,652,923 Fair Market Value by 1.7%. This valuation gap offers $27,923 in Instant Equity. Featuring a Mint Condition Rating with a 2026 roof and modern upgrades, the home offers a versatile layout with a detached studio and oversized garage. It provides a seamless lifestyle for Owner-Occupants or multi-generational families seeking a move-in ready sanctuary in a prime Monterey location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Crescent Circle Subject | $1,625,000* List Price | 4 | 3 | 2,928 | $565 | - |
A 23 Cramden Drive Sold | $1,750,000 | 4 | 4 | 3,292 | $532 | 0.8 mi |
B 11 Pinehill Way Active | $1,550,000 List Price | 4 | 3 | 2,561 | $605 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent refresh including a brand-new roof (2026), new LVP flooring, fresh interior/exterior paint, and a remodeled hall bath. With modern stainless steel appliances and updated fixtures, the home is in mint, move-in ready condition, meeting the criteria for a high-quality renovation within the last 5 years.
The property features significant 2026 upgrades including a brand-new composition roof, fresh interior/exterior paint, and new LVP flooring, providing a move-in-ready experience with reduced immediate maintenance needs.
With nearly 3,000 sqft of living space, an upper-level family/game room, and a detached studio, the floor plan offers exceptional flexibility for multi-generational living, guests, or a dedicated home office.
The oversized 963 sqft attached garage combined with a detached studio and large parking area is a rare find in this neighborhood, ideal for car enthusiasts or those requiring extra hobby space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2928, other record living area = 2693. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1955, the home may still possess original underlying systems such as plumbing or electrical that, while functional, may not meet the standards of modern new construction.
The large footprint of the 2,928 sqft home and the nearly 1,000 sqft garage on a 7,650 sqft lot may limit the amount of traditional open green space or garden area for some buyers.
Tucked away on a quiet cul-de-sac in a centrally located Monterey neighborhood, this beautifully refreshed 4-bedroom, 2.5-bath home offers 2,928 SqFt of comfortable living on a 7,650 SqFt lot. Thoughtful recent upgrades include a brand-new composition roof (2026), fresh interior and exterior paint, new LVP flooring, remodeled hall bath, and an oversized new skylight that fills the living room with natural light. The spacious living area features a cozy gas log fireplace, while the kitchen offers an island and stainless steel appliances. The upper level includes a spacious family/game room, along with a bedroom and full bathroom, creating an ideal setup for guests, extended family, or flexible living needs. Designed for comfortable indoor-outdoor living, the home features multiple exterior patios, a private backyard, and a side-yard seating area just off the dining room. Fresh landscaping and a stamped concrete walkway beautifully frame the property. Additional highlights include an oversized ~963 SqFt attached 2-car garage, a detached studio/storage area, and a large parking area. This move-in ready property is conveniently located near shopping, dining, schools, and the Monterey coastline.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 2,928 | 2,004 | 74% |
| Lot Size | 7,650 | 7,169 | 53% |
| Price | $1.62M | $1.19M | 64% |
| Price per sq ft | $555 | $654 | 24% |
| Built year | 1955 | 1963 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 177 | 2% |
May 19, 2026
$1,625,000
Initial Listing