
Monterey, California 93940
This Single Family Residence represents a Strong Value Opportunity, listed at $1,750,000—positioned well below the $1,811,156 Fair Market Value by 3%. This valuation gap provides $61,156 in Instant Equity. With a Good Condition Rating, the home features a large 25,248 sqft lot, designer greenhouse, and heated workshop. While interior finishes reflect a 2009 renovation, the property offers significant lifestyle appeal for Owner-Occupants or Buy-and-Hold Investors seeking a secluded, sustainable Monterey retreat.
Property is move-in ready.
The property was renovated in 2009 (15 years ago), which falls within the 5-15 year renovation window for a 'Good' rating. While the kitchen and bathrooms are aesthetically dated with oak cabinetry and white appliances, the home is meticulously maintained, move-in ready, and features updated systems including solar and a heated workshop.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25248, living area = 2437.
The property is a gardener's paradise, featuring a designer greenhouse, raised enclosed garden beds, fruit trees, and a complete water-catching irrigation system, all powered by an included solar system.
Ideal for modern lifestyles, the home includes a large dedicated study for remote work and a specialized workshop area equipped with heating and significant electrical capacity for projects.
While meticulously maintained, the last major updates were performed in 2009, meaning some fixtures and finishes may feel dated compared to contemporary luxury standards.
Listed within a 'Not Defined' MLS area and an 'Other' high school district, potential buyers may face uncertainty regarding specific school assignments and neighborhood comps without further due diligence.
This beautifully landscaped single story ranch style retreat is secluded off Josselyn Canyon Road and is the epitome of comfortable living combined with unique characteristics. Boasting an inviting formal entry that sets the tone, this home seamlessly blends style with functionality, perfect for both relaxation and entertaining. This meticulously maintained property, updated in 2009, features a kitchen with a gas cooktop. Dining area. 2 fireplaces. 3 bedrooms including a master suite with a spacious walk-in closet and an ensuite bath. Additional bath with tub/shower combo & a powder bath for guests. Versatile large study provides the perfect work-from-home environment. Cozy up in the living room, which offers a charming fireplace, or step outside to the expansive wood deck area perfect for entertaining guests, hosting summer BBQs, or sipping your morning coffee while enjoying nature's beauty. Great workshop area featuring plenty of electrical outlets and heating. Raised enclosed gardening beds and designer greenhouse. Fruit trees on the property. Complete water-catching irrigation system. Large storage area. Surveillance monitoring system included. Attached 2 car garage with storage area and solar system. Newly paved main roadway. Don't miss the opportunity to view this home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,437 | 1,869.953 |
| Lot Size | 25,248 | 7,748.977 |
| Price | $1.50M | $1.35M |
| Price per sq ft | $616 | $729 |
| Built year | 1982 | 1962 |
| HOA | $0 | $431 |
| Days on market | 79 | 50 |
Aug 29, 2026
$1,499,999
$1,650,000
-9% Price Drop
Initial Listing
Aug 3, 2026
$1,650,000
$1,750,000
-6% Price Drop
Initial Listing
Jun 22, 2026
$1,750,000
Initial Listing
Sep 10, 2008
$850,000
Public Record