
Monterey, California 93940
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,195,000—positioned above the $1,083,028 Fair Market Value. While priced at a premium, the home features a Condition Rating of 3, showcasing a Gourmet Kitchen with granite countertops and modern Solar Power upgrades. The private backyard, complete with a Putting Green and In-ground Hot Tub, offers a resort-like lifestyle. Despite the middle school rating, the property’s move-in ready status and sustainable features make it an ideal acquisition for Owner-Occupants or lifestyle-focused buyers seeking a refined Monterey retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 202 Edinburgh Avenue Subject 2 bd · 2 ba · 1,680 sqft · $639 | $1,145,000* List Price | 2 | 2 | 1,680 | $639 | - |
A 206 Edinburgh Avenue Sold 3 bd · 2 ba · 1,811 sqft · $552 · 0.0 mi | $1,000,000 | 3 | 2 | 1,811 | $552 | 0.0 mi |
B 11 Ivy Street Sold 3 bd · 2 ba · 1,550 sqft · $645 · 0.1 mi | $1,000,000 | 3 | 2 | 1,550 | $645 | 0.1 mi |
C 521 Hannon Avenue Sold 3 bd · 2 ba · 1,980 sqft · $597 · 0.4 mi | $1,183,000 | 3 | 2 | 1,980 | $597 | 0.4 mi |
D 838 Portola Drive Sold 3 bd · 2 ba · 1,465 sqft · $643 · 0.5 mi | $942,500 | 3 | 2 | 1,465 | $643 | 0.5 mi |
E 553 English Avenue Pending 3 bd · 2 ba · 1,367 sqft · $694 · 0.4 mi | $949,000 List Price | 3 | 2 | 1,367 | $694 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1948, the home is well-maintained and move-in ready with significant updates. The kitchen features upgraded cabinetry and granite countertops consistent with a 5-15 year old renovation. Modern system upgrades include solar power, and the interior shows gleaming hardwood floors and functional living spaces without immediate need for repair.
The private backyard is a standout feature, offering a resort-like experience with a putting green, in-ground hot tub, and professional drought-tolerant landscaping perfect for relaxation.
The home integrates eco-friendly solar power with high-end interior finishes, including a gourmet kitchen featuring extended granite countertops and upgraded cabinetry.
Built in 1948, the property maintains its character with gleaming hardwood floors and a formal dining room designed with a picture window to capture stunning sunset views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1680, other record living area = 1602.
With only two bedrooms, the property may lack the necessary space for larger families or buyers requiring multiple dedicated home offices.
The assigned middle school, Walter Colton, currently holds a low rating of 3/10, which could be a concern for education-focused buyers and impact future resale value.
Welcome to enchantment! This absolutely charming escape brings a sense of calm and happiness upon entry. Once inside, you will see gleaming hardwood floors leading you through a wonderful floor plan with a light and bright formal dining room and a picture window to take in the sunsets. The gourmet kitchen shines with extended granite countertops, a gas stove, and upgraded cabinets, great for entertaining. A cozy family room also completes the vibe with a brick fireplace and space to relax. The bedrooms are spacious and private, with the guest bedroom featuring an amazing built-in bookcase. The real showstopper is the incredible and private backyard that has relaxation in mind. There is a putting green and an in-ground hot tub. Don't miss the hammock for those afternoon naps, or just take in the incredible landscaping with wonderful bright red Bougainvillea! Landscaping designed with drought-tolerant plants, and electricity runs on solar power.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 3.1 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,680 | 1,795.679 |
| Lot Size | 6,900 | 8,154.071 |
| Price | $1.15M | $1.25M |
| Price per sq ft | $682 | $732 |
| Built year | 1948 | 1961 |
| HOA | $0 | $461 |
| Days on market | 45 | 61 |
Oct 23, 2026
$1,145,000
$1,195,000
-4% Price Drop
Initial Listing
Sep 9, 2026
$1,195,000
Initial Listing
Aug 7, 2015
$665,000
Public Record
Sep 30, 2002
$575,500
Public Record