17 Loma Vista Place, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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Monterey, California 93940
This Coastal Monterey Cottage is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,183,449 Fair Market Value by 7%. This valuation gap offers $83,449 in Instant Equity for incoming buyers. The residence maintains a Condition Rating of 3 and features vaulted ceilings, hardwood flooring, and Monterey Bay views. Its expansive 10,000 sq. ft. lot provides rare expansion potential or ADU possibilities in a prime coastal location. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Property is move-in ready.
Although built in 1955, the interior shows signs of significant maintenance and mid-range updates. The home features well-maintained hardwood flooring, updated paint, and clean vaulted beam ceilings. It appears move-in ready and functional, though the exterior and lack of modern kitchen/bath photos suggest it is a well-kept older renovation rather than a recent high-end remodel.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 1183.
The property features a generous 10,000 sq. ft. lot, offering rare outdoor space for the area and significant potential for expansion, an ADU, or custom landscaping.
With its 'Carmel cottage' aesthetic, vaulted ceilings, and hardwood floors, the home provides a desirable coastal ambiance complemented by scenic peeks of the Monterey Bay.
At 1,183 sq. ft. for a three-bedroom home, the living space may feel small for modern families or those accustomed to more open, spacious floor plans.
Built in 1955, the property may require updates to its original systems or structural elements to meet modern energy efficiency and building standards.
Nestled in the picturesque coastal city of Monterey, this charming home has the feel of a Carmel cottage & offers an idyllic blend of comfort & convenience with peeks of the Bay. Situated on a very generous 10,000 sq. ft. Lot, the property provides ample space for outdoor enjoyment, endless possibilities & relaxation, all the while being moments away from the vibrant amenities that Monterey offers. This comfortable, thoughtfully designed 3BD/2BA residence spans 1,183 sq. ft. under Vaulted Ceilings & Hardwood Flooring, featuring a Cozy Living Room & Fireplace. The layout maximizes both privacy & shared living, creating an inviting atmosphere for those seeking a serene coastal retreat. Large windows draw in an abundance of natural light & frame the stunning surroundings. One of the most captivating aspects of this property is its "peek of the Bay" offering a constant reminder of the unparalleled beauty of the California coastline as you take in the colors of the Sunrises and Sunsets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,183 | 1,988 | 16% |
| Lot Size | 10,000 | 7,169 | 59% |
| Price | $1.10M | $1.19M | 41% |
| Price per sq ft | $930 | $664 | 88% |
| Built year | 1955 | 1963 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 177 | 2% |
May 5, 2026
$1,100,000
Initial Listing
Feb 22, 2013
$350,000
Public Record