
Monterey, California 93940
This Historic Monterey Colonial represents a Strong Value Opportunity, listed at $1,349,000—positioned above the $1,270,240 Fair Market Value. While the property requires modernization, its Mills Act status provides significant tax advantages, preserving the integrity of this 1929 landmark. Featuring ocean views, a full-width balcony, and original architectural details, the home offers a unique lifestyle in Old Monterey. With a Condition Rating of 4, this property is an ideal acquisition for Preservation-Minded Investors or Owner-Occupants seeking a historic legacy home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1122 Harrison Street Subject | $1,349,000* List Price | 2 | 2 | 1,532 | $829 | - |
A 926 Roosevelt Street Sold | $1,048,000 | 3 | 2 | 1,532 | $684 | 0.3 mi |
B 748 Alice Street Sold | $987,575 | 3 | 2 | 1,414 | $698 | 0.6 mi |
C 1201 Hoffman Avenue Sold | $1,020,000 | 3 | 2 | 1,250 | $816 | 0.5 mi |
D 1694 Prescott Avenue Sold | $1,036,000 | 3 | 2 | 1,680 | $617 | 0.6 mi |
E 777 Parcel Street Sold | $1,200,000 | 3 | 2 | 1,542 | $778 | 0.7 mi |
F 705 Grace Street Sold | $1,150,000 | 3 | 2 | 1,354 | $849 | 0.6 mi |
G 932 Monterey Circle Sold | $1,700,000 | 4 | 3 | 2,123 | $801 | 0.8 mi |
H 1199 Harrison Street Active | $1,295,000 List Price | 2 | 2 | 1,473 | $879 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1929 historic home is well-preserved but features a dated kitchen and interior finishes that appear to be over 30 years old. While the property is functional and protected under the Mills Act, the cabinetry, appliances, and flooring require modernization to meet current standards.
As a protected historic landmark under the Mills Act, this property offers owners substantial property tax savings, providing a significant financial incentive for preserving a piece of Monterey's history.
Designed by Albert B. Coats, the home features timeless Monterey Colonial architecture with hand-hewn beams, original stained glass, and a full-width balcony offering stunning ocean views.
The property boasts a rich cultural connection to Cannery Row's maritime history and features high-quality construction materials supplied by the legendary M.J. Murphy Lumber Company.
With only two bedrooms and approximately 1,532 square feet of living space, the home may be restrictive for larger families or those requiring multiple home offices.
The historic designation and Mills Act status often come with strict guidelines regarding renovations and exterior modifications, which may limit a buyer's ability to modernize the home's footprint.
Every historic home has a story...Behind the doors of 1122 Harrison Street is one that has become part of Monterey's history.Welcome to the Ruth S. Rodefer House, a Monterey Colonial in the heart of Old Monterey. Protected under the Mills Act, this architectural treasure offers qualifying owners substantial property tax savings while preserving one of Monterey's historic landmarks.Designed in 1929 by noted architect Albert B. Coats, the home was inspired by Monterey's iconic Old Custom House, making it one of Old Monterey's finest examples of Monterey Colonial architecture.The full-width open balcony offers ocean views beyond the historic rooftops of Old Monterey. California redwood framing, hand-hewn beams, original stained-glass windows, and an acid-washed front door showcase timeless craftsmanship. The lumber was supplied by the legendary M.J. Murphy Lumber Company.Built for Ruth S. Rodefer and her husband, bookkeeper of the Sea Pride Packing Company, the first Japanese American-owned sardine cannery on Cannery Row, the home reflects an important chapter in Monterey's cultural and maritime history.As a unique bonus, a 1999 Porsche Boxster is included with the sale.The Ruth S. Rodefer House is a rare opportunity to own one of Old Monterey's architectural treasures.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,532 | 1,829.5 |
| Lot Size | 5,840 | 7,517.5 |
| Price | $1.35M | $1.29M |
| Price per sq ft | $881 | $686 |
| Built year | 1929 | 1962 |
| HOA | $0 | $495 |
| Days on market | 2 | 63 |
Jul 20, 2026
$1,349,000
Initial Listing
Jun 27, 2013
$575,000
Public Record