17 Via Castanada, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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Monterey, California 93940
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned above the $1,047,234 Fair Market Value by 5%. While the property requires a comprehensive renovation due to its Fair Condition Rating, the 9,234 sq ft lot and versatile split-level layout provide significant upside for forced appreciation. Featuring scenic bay and treetop views, this asset is a prime candidate for a modern coastal transformation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to maximize value in a premier Monterey location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 Via Castanada Subject | $995,000* List Price | 3 | 2 | 1,808 | $557 | - |
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 |
C 150 Shady Lane Sold | $1,175,000 | 3 | 2 | 1,933 | $608 | 0.8 mi |
D 127 Mar Vista Drive Pending | $1,219,000 List Price | 3 | 2 | 2,001 | $609 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 and held by the same owner for 44 years, the home is in mostly original condition with dated wood paneling, older carpeting, and weathered exterior shingles. The listing description explicitly calls for a 'transformation' and 'reimagining,' indicating that the kitchen, bathrooms, and major systems likely require a full rehab to meet modern standards.
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.
Situated near premier schools, boutique shopping, and world-renowned golf courses, offering immediate access to the best of the Monterey Peninsula.
The property's elevated position provides desirable bay and treetop views, enhancing the coastal living experience and future resale value.
Having been held by the same owner for 44 years, the home likely requires a comprehensive renovation to align with modern aesthetic and functional standards.
Built in 1977, the property may necessitate upgrades to its original systems and architectural elements to meet current building codes and luxury expectations.
Elevated coastal living awaits at 17 Via Castanada. Owned and treasured for 44 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. The lower level adds two additional bedrooms, a full bath, and laundry, creating a versatile splitlevel layout ideal for guests, extended family, or a private workspace. Perfectly positioned near premier schools, acclaimed restaurants, boutique shopping, pristine beaches, and worldrenowned golf courses, this home places the Monterey Peninsulas most coveted experiences at your doorstep. Enjoy the convenience of Elroys Market and Layers Bakery just below, or indulge in upscale shopping at Del Monte Mall and Whole Foods moments away. Quick access to Highway 1 and Highway 68 ensures effortless travel and exploration. Take in bay and treetop views from this eclectic property and envision the transformation. 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,808 | 1,829.5 |
| Lot Size | 9,234 | 7,517.5 |
| Price | $995.0K | $1.29M |
| Price per sq ft | $550 | $686 |
| Built year | 1977 | 1962 |
| HOA | $0 | $495 |
| Days on market | 48 | 63 |
Jul 21, 2026
$995,000
$1,100,000
-10% Price Drop
Initial Listing
Jun 4, 2026
$1,100,000
Initial Listing