206 Edinburgh Avenue, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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Monterey, California 93940
This Classic Monterey Residence is a Prime Investment Opportunity, listed at $1,099,000—positioned well below the $1,126,546 Fair Market Value by 2%. This valuation gap provides $27,546 in Instant Equity. The home maintains a Move-In Ready Condition with a new roof (2025), LVP flooring, and a rustic kitchen featuring a brick oven. Served by Foothill Elementary and Monterey High, it features a private backyard patio near the Monterey Bay Coastal Trail. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 206 Edinburgh Avenue Subject | $1,099,000* List Price | 3 | 2 | 1,811 | $622 | - |
A 41 Ralston Drive Sold | $875,000 | 4 | 2 | 1,350 | $648 | 0.6 mi |
B 339 Ramona Avenue Sold | $1,000,000 | 3 | 2 | 1,553 | $644 | 0.6 mi |
C 542 English Avenue Sold | $850,000 | 4 | 2 | 1,482 | $574 | 0.4 mi |
D 140 John Street Sold | $1,070,000 | 3 | 2 | 1,996 | $536 | 0.6 mi |
E 361 Hannon Avenue Sold | $1,073,100 | 3 | 2 | 1,591 | $674 | 0.6 mi |
F 425 Alcalde Avenue Sold | $899,999 | 3 | 2 | 1,320 | $682 | 0.4 mi |
G 521 Hannon Avenue Active | $1,195,000 List Price | 3 | 2 | 1,980 | $604 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1954, the home is well-maintained and move-in ready with significant recent updates including a new roof (2025) and new LVP flooring. The kitchen features high-end stainless steel appliances and stone countertops, and the exterior hardscaping and systems appear functional and well-kept.
The property features a brand-new roof installed in September 2025 and fresh LVP flooring throughout, providing immediate peace of mind and reducing near-term maintenance expenses for the buyer.
With high ceilings, open beams, and a rustic kitchen equipped with a brick oven and natural stone island, the home offers a distinctive aesthetic that stands out in the Monterey market.
Ideally situated near the Monterey Bay Coastal Recreation Trail and local parks, the home offers excellent walkability and easy access to city conveniences without heavy traffic congestion.
The assigned middle school has a rating of 3, which may be a drawback for families prioritizing high-performing educational institutions and could influence future appreciation.
Built in 1954, the home may possess aging utility systems common to mid-century builds that could require future modernization beyond the recent cosmetic and roof upgrades.
Welcome to 206 Edinburgh Ave, a home with classic Monterey appeal in a setting that keeps you close to parks, city conveniences, and the best of the Monterey Peninsula. Step inside, and the living room makes an immediate impression with high ceilings, open beams, large windows, and new LVP flooring that continues through the hallway and bedrooms. The adjacent space off of the living room offers flexibility for a home office or extra living space. Among the homes upgrades is a new roof installed in September 2025 for added peace of mind. The kitchen features natural stone island and countertops, a brick oven, rich wood cabinetry, and a diagonal-set tile backsplash accented by a decorative mural above the sink. Together, these details add a rustic feel, while the generous layout offers abundant space for cooking and gathering. Just beyond the dining area, wood-framed French doors with arched glass details open to the fully private backyard, where the patio and garden areas offer places to dine, relax, or entertain guests. The home offers easy access to Monterey and Seaside without fighting rush-hour traffic. It is also a short walk to the Monterey Fairgrounds, a 5-minute ride to the Monterey Bay Coastal Recreation Trail, and a 5-minute walk to Casanova Oak Knoll Park Center.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,811 | 1,988 | 40% |
| Lot Size | 6,760 | 6,922.5 | 45% |
| Price | $1.10M | $1.19M | 40% |
| Price per sq ft | $607 | $654 | 34% |
| Built year | 1954 | 1963 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 177 | 2% |
May 4, 2026
$1,099,000
Initial Listing
Apr 13, 2015
$542,500
Public Record