1360 Josselyn Canyon Road 33, Monterey, California 93940, Monterey, 93940 - 3 bed, 3 bath
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1360 Josselyn Canyon Road 33
Monterey, California 93940
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,778Sq Ft
1,453Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$1,199,798
17% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $995,000—positioned well below the $1,199,798 Fair Market Value by 17%. This valuation gap offers $204,798 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with high-end renovations, this residence offers a private deck and greenbelt views. While the HOA fee is notable, the property provides a move-in ready lifestyle near top-rated elementary schools. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate value.
Estimated Market Value
$1,199,798+$204,798 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Monterey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1360 Josselyn Canyon Road 33 Subject | $995,000* List Price | 3 | 3 | 1,778 | $675 | - |
A 1360 Josselyn Canyon Road 37 Sold | $740,000 | 2 | 2 | 1,123 | $659 | 0.0 mi |
B 67 Montsalas Drive Sold | $699,000 | 2 | 2 | 1,116 | $626 | 0.8 mi |
C 43 Montsalas Drive Sold | $730,000 | 2 | 2 | 1,116 | $654 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1975, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen features modern white cabinetry, gold hardware, a farmhouse sink, and contemporary tile work. The interior shows mint condition with updated flooring, lighting, and finishes throughout, making it move-in ready with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The residence features a flexible two-story layout including a ground-floor bedroom that can serve as an office or den, catering to modern work-from-home needs or multi-generational living.
- Premium Community Amenities
Located in the desirable Monterey Woods, residents enjoy immediate access to a community pool, tennis courts, and clubhouse, all within a serene, forested setting overlooking a peaceful greenbelt.
- Private Primary Retreat
The spacious upstairs primary suite is exceptionally well-appointed with a walk-in closet, sitting area, and a private deck nestled among Monterey pines, offering a high level of privacy.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Association Fees
The monthly HOA fee of $875 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Middle School Rating
The assigned middle school, Walter Colton, currently holds a low rating of 3, which could be a concern for families prioritizing high-performing school districts.
About 1360 Josselyn Canyon Road 33
Adorable and updated 3-bedroom, 2.5-bath residence in the desirable Monterey Woods community. This spacious two-story floor plan is perfectly positioned in a private and quiet setting, with a large fenced patio overlooking the peaceful greenbelt. The light and inviting interior offers comfortable living spaces and a flexible layout, including a ground-floor bedroom that can also serve as an office, guest room or den, complete with its own exterior sitting area. Upstairs, the spacious primary suite features a walk-in closet, sitting area, and private deck, creating a peaceful retreat surrounded by the Monterey pines. Additional storage is conveniently located just outside the unit near the carport. Just steps from the community pool, tennis courts, and clubhouse, Monterey Woods offers a sunny, forested setting while still being minutes from everything the Peninsula has to offer. Enjoy convenient access to the beach, recreation trail, shopping, Monterey Regional Airport, downtown Monterey and Carmel.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1975
- Lot Size
- 1,453 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $875.0 / Month
Neighborhood Insights
Monterey Unified Schools
Foothill Elementary School
Grades K-5 • 0.3 mi
6/10
Walter Colton
Grades 6-8 • 3.2 mi
3/10
Monterey High School
Grades 9-12 • 2.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.7 |
| Baths | 3.0 | 1.1 |
| Square foot | 1,778 | 826.375 |
| Lot Size | 1,453 | 892.5 |
| Price | $995.0K | $599.6K |
| Price per sq ft | $560 | $697 |
| Built year | 1975 | 1977 |
| HOA | $875.0 | $609 |
| Days on market | 21 | 70 |
Pricing History
Listed for Sale
Aug 19, 2026
$995,000
Initial Listing
Sold
Apr 2, 2025
$1,396,500
Public Record
Sold
Apr 25, 2024
$870,000
Public Record
Sold
Jan 13, 2021
$639,000
Public Record
Sold
Jul 31, 1998
$265,000
Public Record
Sold
May 14, 1998
$249,500
Public Record
Sold
Feb 24, 1995
$270,000
Public Record
Sold
May 17, 1994
$205,500
Public Record