14 Shady Lane, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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14 Shady Lane
Monterey, California 93940
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,433Sq Ft
7,800Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,287,293
SUMMARY
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,250,000—positioned well below the $1,287,294 Fair Market Value by 3%. This valuation gap provides $37,294 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a professional-grade kitchen, new solar, and a private deck with partial Monterey Bay views. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready coastal lifestyle or discerning buyers prioritizing high-end, modern updates.
Estimated Market Value
$1,287,293
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 |
|---|---|---|---|---|---|---|
★ 14 Shady Lane Subject 3 bd · 2 ba · 1,433 sqft · $898 | $1,250,000* List Price | 3 | 2 | 1,433 | $898 | - |
A 710 Woodcrest Lane Sold 3 bd · 2 ba · 1,646 sqft · $872 · 0.6 mi | $1,435,000 | 3 | 2 | 1,646 | $872 | 0.6 mi |
B 115 Mar Vista Drive Sold 3 bd · 2 ba · 1,752 sqft · $882 · 0.7 mi | $1,545,000 | 3 | 2 | 1,752 | $882 | 0.7 mi |
C 32 Via Ventura Sold 5 bd · 4 ba · 1,528 sqft · $998 · 0.4 mi | $1,525,000 | 5 | 4 | 1,528 | $998 | 0.4 mi |
D 17 Loma Vista Place Sold 3 bd · 2 ba · 1,183 sqft · $751 · 0.4 mi | $889,000 | 3 | 2 | 1,183 | $751 | 0.4 mi |
E 870 Doud Street Active Under Contract 3 bd · 2 ba · 1,318 sqft · $1,100 · 0.7 mi | $1,450,000 List Price | 3 | 2 | 1,318 | $1,100 | 0.7 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.
The property is in mint, turnkey condition following recent high-end renovations. The kitchen features a professional-grade Wolf range, new cabinetry, and quartz countertops. Additional updates include new flooring, a new deck, and solar panels, meeting the criteria for a comprehensive renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1433.
- Turnkey Modern Updates
The property is move-in ready with significant recent improvements, including a fully remodeled kitchen with quartz countertops, new flooring throughout, and the addition of energy-efficient solar panels.
- Prime Coastal Location
Situated in the desirable Toyon Heights neighborhood, the home offers a serene setting among mature Monterey Cypress trees while remaining minutes away from downtown Monterey, Carmel-by-the-Sea, and Del Monte Shopping Center.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1433, other record living area = 1179.
- Compact Square Footage
At 1,433 square feet for a three-bedroom home, the interior living spaces may feel somewhat confined for buyers accustomed to larger modern floor plans at this price point.
- Split-Level Layout
The split-level architectural design requires navigating stairs between different sections of the home, which may be a disadvantage for buyers seeking long-term accessibility or single-level living.
About 14 Shady Lane
Turnkey, stylish, and thoughtfully updated, this inviting Toyon Heights home is ready to welcome you. Set among mature Monterey Cypress trees and just minutes from downtown Monterey, Del Monte Shopping Center, restaurants, and Carmel by the Sea. This beautifully refreshed 3-bedroom, 2-bath split-level home offers the perfect blend of comfort, character, and modern updates. Recent improvements include new flooring, an updated kitchen with new cabinetry, quartz countertops, a fully landscaped backyard with a new deck and solar. The generously sized living and dining area is designed for both everyday living and entertaining, with a fireplace, expansive windows in the sunroom, and glass sliding doors that open to the new rear deck and fully fenced private backyard. Additional features include open-beam ceilings, peaks of Monterey Bay, a finished garage, and a stone paver driveway and walkway. Surrounded by mature trees and filled with natural light, this home truly reflects pride of ownership and offers an exceptional opportunity to enjoy the best of the Monterey lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 7,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,433 | 1,795.679 |
| Lot Size | 7,800 | 8,154.071 |
| Price | $1.25M | $1.25M |
| Price per sq ft | $872 | $732 |
| Built year | 1957 | 1961 |
| HOA | $0 | $461 |
| Days on market | 16 | 61 |
Pricing History
Listed for Sale
Oct 8, 2026
$1,250,000
Initial Listing
Sold
Nov 21, 2018
$851,000
Public Record