17 Via Castanada, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
Loading property details...
17 Via Castanada
Monterey, California 93940
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,808Sq Ft
9,234Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$899,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $995,000, currently priced at its $995,000 Fair Market Value. While the home maintains a Condition Rating of 5, its 1,800 sq ft split-level layout and expansive 9,234 sq ft lot provide a blank canvas for significant value-add renovations. Featuring partial bay and treetop views from a private deck, the residence offers a rare foundation for a modern coastal sanctuary. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to customize a prime Monterey location.
Estimated Market Value
$899,000
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 |
|---|---|---|---|---|---|---|
★ 17 Via Castanada Subject | $899,000* List Price | 3 | 2 | 1,808 | $497 | - |
A 1251 Pacific Street Sold | $961,000 | 3 | 2 | 1,538 | $625 | 0.4 mi |
B 1291 Pacific Street Sold | $980,000 | 4 | 2 | 1,768 | $554 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1977 and held by the same family for over 40 years, the property appears to be in mostly original condition with dated wood paneling, older carpeting, and 1970s-era finishes. The listing description explicitly invites a 'reimagining' of the space, which is industry shorthand for a full interior rehab. While the sewer lateral has been replaced, the age of the kitchen, baths, and likely the HVAC/electrical systems suggests they are at or near the end of their functional life.
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 = 9234, living area = 1808.
- Prime Coastal Location
Ideally situated near premier schools, boutique shopping, and world-renowned golf courses, offering immediate access to the best of the Monterey Peninsula lifestyle.
- Scenic Bay Views
The property's elevated position provides beautiful bay and treetop views from the deck, capturing fresh ocean breezes and a serene coastal atmosphere.
CONSRISKS & DEFICIENCIES
- Modernization Required
Owned by the same family for over 40 years, the residence likely requires significant cosmetic and structural updates to meet modern luxury standards.
- Extended Market Time
With over 70 days on the market and a recent $105,000 price reduction, the property may face buyer hesitation regarding its value relative to its current condition.
About 17 Via Castanada
NEW PRICE! Elevated coastal living awaits at 17 Via Castanada. Owned and treasured by the same family for over forty years, this 1,800 sq ft residence invites you to reimagine it into a sophisticated coastal retreat. The main level features a sunlit living room, kitchen, and a serene primary bedroom with an adjoining bath. Enjoy fresh ocean breezes with bay and treetop views from the deck of this eclectic property .The lower level adds two additional bedrooms, a full bath, and laundry, creating a versatile split level layout ideal for guests, extended family, or a private workspace. Perfectly positioned near premier schools, acclaimed restaurants, boutique shopping, pristine beaches, and world renowned golf courses, this home places the Monterey Peninsulas most coveted experiences at your doorstep. Elroys Market and Layers Bakery are just below, or Del Monte Mall and Whole Foods moments away. Quick access to Highway 1 and Highway 68 ensures effortless travel and exploration. Whether you elevate its architectural charm or craft a modern coastal haven, 17 Via Castanada offers a rare opportunity to create a luxurious Monterey Bay sanctuary tailored to your lifestyle. *Sewer lateral replacement completed in full.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 9,234 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 | 2.5 |
| Square foot | 1,808 | 1,869.953 |
| Lot Size | 9,234 | 7,748.977 |
| Price | $899.0K | $1.35M |
| Price per sq ft | $497 | $729 |
| Built year | 1977 | 1962 |
| HOA | $0 | $431 |
| Days on market | 97 | 50 |
Pricing History
Listed for Sale
Aug 21, 2026
$899,000
$995,000
-10% Price Drop
Initial Listing
Price Change
Jul 21, 2026
$995,000
$1,100,000
-10% Price Drop
Initial Listing
Price Change
Jun 4, 2026
$1,100,000
Initial Listing