
Monterey, California 93940
This completely remodeled Cypress model is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,209,932 Fair Market Value by 9%. This valuation gap offers $109,932 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a new HVAC, premium Andersen windows, and a high-end kitchen. With a flexible floor plan and access to community amenities like a pool and tennis courts, it is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey Monterey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1360 Josselyn Canyon Road 43 Subject 3 bd · 3 ba · 1,739 sqft · $696 | $1,100,000* List Price | 3 | 3 | 1,739 | $696 | - |
A 1360 Josselyn Canyon Road 33 Active 3 bd · 3 ba · 1,778 sqft · $560 · 0.1 mi | $995,000 List Price | 3 | 3 | 1,778 | $560 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete 'studs out' renovation within the last year, featuring a brand new kitchen with KitchenAid appliances and quartz countertops, fully renovated bathrooms, a new HVAC system, and new energy-efficient Andersen windows throughout.
The property has undergone an extensive 'studs-out' remodel featuring premium Andersen windows, a new HVAC system, and high-end KitchenAid appliances, offering a modern, move-in-ready experience.
The ground-floor bedroom includes pre-plumbing for a future shower addition, providing excellent versatility for guests, a home office, or multi-generational living arrangements.
Located just steps from the Monterey Woods clubhouse, pool, and tennis courts, the home offers a resort-like lifestyle within a serene, pine-filled setting near Carmel and the coast.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1739, other record living area = 1778. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The association fee of $875 per month is significant and may impact the overall affordability and debt-to-income ratio for prospective buyers.
The assigned middle school has a low rating of 3, which may be a deterrent for families prioritizing high-performing public education districts.
Welcome to Monterey Woods This completely remodeled two-story Cypress model has been transformed from the studs out, with 3 bedrooms and 2.5 baths. The spacious floor plan is filled with natural light and features vaulted ceilings and skylights. The beautifully updated interior includes many brand new features including new laminate flooring and carpet, recessed lighting, new light fixtures, a new HVAC system and completely renovated bathrooms. The primary bathroom features a new tiled walk-in shower. The kitchen has all new KitchenAid appliances, new cabinetry and quartz countertops. All of the original windows and patio doors were upgraded to premium, energy-efficient Andersen replacements. The ground-floor bedroom offers exceptional flexibility and has been pre-plumbed with an additional water/drain connection, creating the opportunity for a future addition of a shower to the adjacent bathroom. Outside, a quaint brick patio in the front, off the first floor bedroom and a large, private fenced brick patio in the back. Just steps from the Monterey Woods Club, the home is near the community pool, spa, tennis court and clubhouse. Monterey Woods is surrounded by mature pines while remaining minutes from the beach, Recreation Trail, shopping, Monterey Regional Airport and Carmel.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 3.2 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.6 |
| Baths | 3.0 | 1.1 |
| Square foot | 1,739 | 799.474 |
| Lot Size | 1,453 | 863.368 |
| Price | $1.10M | $584.6K |
| Price per sq ft | $633 | $703 |
| Built year | 1975 | 1977 |
| HOA | $875.0 | $622 |
| Days on market | 18 | 65 |
Oct 6, 2026
$1,100,000
Initial Listing