
Monterey, California 93940
Analysis of 1 Surf Way 115, Monterey, California 93940 is currently available with a list price of $849,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Monterey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is in move-in ready condition with significant interior updates. The kitchen has been modernized with quartz countertops, a contemporary backsplash, and stainless steel appliances. The unit features updated flooring and clean bathroom finishes. While the building was constructed in 1993, the individual unit has been well-maintained and renovated to meet current aesthetic standards, fitting the criteria for a 'good' condition score.
Situated directly on Del Monte Beach, this property offers rare, immediate access to the sand and the Monterey Bay Coastal Trail, providing an unparalleled coastal lifestyle.
The unit boasts stunning white-water views of the Monterey Bay, including landmarks like Cannery Row and Lovers Point, visible from the living area and private patio.
The home features an updated kitchen with quartz countertops and modern appliances, complemented by resort-style community amenities including a pool, hot tub, and fitness room.
At only 478 square feet, the compact living space may be a significant constraint for buyers looking for a full-time residence or those with substantial storage needs.
The $849 monthly HOA fee is relatively high for a one-bedroom unit, which may impact the overall affordability and investment return for potential buyers.
Awesome ocean and white-water views and Monterey Plaza Hotel, Canary Row, Aquarium to Lovers Pt! Summertime sunset views! Welcome to coastal living where sand and sea are just steps from your door. Light-filled ground-level home offers an exceptional location within the coveted Ocean Harbor House community, directly on Del Monte Beach and near the Monterey Bay Coastal Trail. The open living area features large windows that look out to a relaxing patio with peaceful ocean and white-water views, perfect for taking in the sound of the surf. The updated kitchen includes modern appliances, quartz counters, and a breakfast bar for casual dining or entertaining. The spacious bedroom provides generous storage, and the bath showcases clean finishes. Enjoy resort-style amenities: only steps to the hot tub, pool and fitness room. There is also a clubhouse and gated parking with assigned space and storage room. HOA covers exterior maintenance, water, garbage, and common-area care for a truly low-maintenance lifestyle. Just minutes to Cannery Row, Fishermans Wharf, downtown Monterey, dining, golf, and recreation. Ideal as a full-time residence, weekend retreat, or investment in a desirable beachfront community. Available furnished if desired. Assumable loan options to qualified buyers.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 478 | 971 | 8% |
| Lot Size | - | - | 50% |
| Price | $849.0K | $602.5K | 85% |
| Price per sq ft | $1.8K | $674 | 96% |
| Built year | 1993 | 1977 | 81% |
| HOA | $849.0 | $619 | 85% |
| Days on market | 165 | 187 | 42% |
Nov 8, 2025
$849,000
Initial Listing
Mar 25, 2022
$795,000
Public Record
Jun 11, 2018
$559,000
Public Record
Aug 24, 1999
$153,000
Public Record
May 14, 1999
$232,500
Public Record
Apr 6, 1999
$327,500
Public Record
Nov 17, 1998
$327,000
Public Record