
Monterey, California 93940
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,496,159 Fair Market Value by 6%. This valuation gap offers $101,159 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with a spa-inspired primary bath and modern renovations, this home offers a private, lushly landscaped sanctuary. Its proximity to top-tier schools and premium shopping makes it an ideal choice for discerning professionals or owner-occupants seeking a move-in ready Monterey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 Toda Vista Subject | $1,395,000* List Price | 3 | 3 | 1,720 | $870 | - |
A 710 Woodcrest Lane Sold | $1,435,000 | 3 | 2 | 1,646 | $872 | 0.5 mi |
B 32 Via Ventura Sold | $1,525,000 | 5 | 4 | 1,528 | $998 | 0.5 mi |
C 201 Soledad Place Active Under Contract | $1,399,000 List Price | 4 | 2 | 2,312 | $605 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1956 build date, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features a spa-inspired primary bath with high-end stone work, updated flooring, recessed lighting, and a contemporary stone fireplace, meeting the criteria for mint condition and recent renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1720.
Situated in the highly desirable Mar Vista neighborhood, this home offers exceptional proximity to top-rated schools, premium shopping like Whole Foods, and popular local dining, ensuring a high-quality Monterey lifestyle.
The oversized 12,197 sqft lot is fully fenced and features mature, lush landscaping, providing a rare level of privacy and significant outdoor space for entertaining or relaxation.
Originally built in 1956, the property may possess older underlying systems or structural elements that could require more frequent maintenance compared to newer constructions.
At a list price of $1.395M for 1,720 square feet, the property sits at a high price point per square foot, which may be a consideration for buyers prioritizing interior volume over lot size.
Nestled in Monterey's desirable Mar Vista neighborhood, this beautifully maintained 3-bedroom, 2.5-bath home is set on an oversized, fully fenced lot with lush, mature landscaping that creates a private and inviting setting. The spacious kitchen flows seamlessly into the family room, making it ideal for everyday living and entertaining. The generous primary suite serves as a true retreat, featuring a spa-inspired bath with a stunning stone shower and tranquil forest views. Surrounded by natural beauty and thoughtfully designed indoor and outdoor spaces, this exceptional property offers comfort, privacy, and the best of Monterey living. Close to renowned private schools, Monte Vista Elementary, and neighborhood favorites like Stokes Adobe and Cella, with Elroy's, Whole Foods, and Del Monte Shopping Center just minutes away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,720 | 1,829.5 |
| Lot Size | 12,197 | 7,517.5 |
| Price | $1.40M | $1.29M |
| Price per sq ft | $811 | $686 |
| Built year | 1956 | 1962 |
| HOA | $0 | $495 |
| Days on market | 20 | 63 |
Jul 2, 2026
$1,395,000
Initial Listing
Jun 27, 2024
$1,285,000
Public Record
Jun 7, 2002
$495,000
Public Record