
Monterey, California 93940
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $925,000—positioned well below the $1,000,651 Fair Market Value by 7%. This valuation gap offers $75,651 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a high-end modern remodel, accessible design, and a partial Monterey Bay view. Located near Top-Rated Schools like Pacific Grove High, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a refined, move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1394 David Avenue Subject | $925,000* List Price | 2 | 1 | 1,116 | $897 | - |
A 779 Alice Street Sold | $1,050,000 | 3 | 2 | 1,343 | $782 | 0.3 mi |
B 705 Grace Street Sold | $1,150,000 | 3 | 2 | 1,354 | $849 | 0.2 mi |
C 1201 David Avenue Active Under Contract | $840,000 List Price | 2 | 1 | 883 | $951 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (likely <5 years) featuring a modern kitchen with white shaker cabinets and quartz countertops, a fully updated spa-inspired bathroom with marble and a smart toilet, and updated systems including dual-pane windows and recessed lighting. The interior is in mint condition with new carpet, fresh paint, and engineered hardwood floors.
High School: Pacific Grove High School (9/10).
The home features a comprehensive interior update including a designer kitchen with quartz countertops and a spa-inspired bathroom with marble finishes and a Toto Neorest smart toilet, offering move-in-ready luxury.
Thoughtfully designed for effortless living, the property includes widened doorways, a roll-up ramp from the carport, and grab bars, making it a rare and ideal find for those prioritizing accessibility.
With only two bedrooms and a single bathroom across 1,116 square feet, the home's configuration may be restrictive for growing families or those requiring a dedicated home office.
The 2,975 square foot lot is relatively small for a single-family residence, limiting outdoor recreational space and potential for future structural expansions or additions.
Updated living meets thoughtful design at 1394 David Avenue, a beautifully remodeled single-story home nestled back on a street-to-street lot, brimming with charm. Enter through the quaint covered front porch into a bright, welcoming interior centered around a cozy fireplace. Engineered hardwood floors, recessed lighting, solid wood doors, dual-pane windows with blinds, plush new carpet and fresh paint create an atmosphere that is at once comfortable and refined. The remodeled kitchen is a standout -- white shaker cabinets with roll-out shelving, sage subway tile, quartz countertops, stainless appliances and dedicated drinking water filtration system -- flowing seamlessly into a sun-filled formal dining room. The spa-inspired bath has been fully remodeled with designer tile and marble, a generous walk-in shower with sitting area and luxurious Toto Neorest smart toilet. Widened doorways, grab bars and roll-up ramp from the rear covered carport speak to a home designed for accessible, effortless living. An indoor laundry closet adds everyday convenience. Outside, the professionally designed, irrigated landscape is a lush, low-maintenance sanctuary of ferns, river stone and coastal plantings -- and from the front gate, a shimmering slice of Monterey Bay beckons just down the street.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.5 |
| Square foot | 1,116 | 1,829.5 |
| Lot Size | 2,975 | 7,517.5 |
| Price | $925.0K | $1.29M |
| Price per sq ft | $829 | $686 |
| Built year | 1979 | 1962 |
| HOA | $0 | $495 |
| Days on market | 3 | 63 |
Jul 19, 2026
$925,000
Initial Listing