
Monterey, California 93940
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,259,000—positioned well above the $996,174 Fair Market Value by -26%. While priced above market, the property features a Good Condition Rating with a refreshed kitchen and a 134 sq. ft. flex space. The expansive 10,236 sq. ft. lot offers significant ADU potential, providing long-term value. Located in the desirable Fisherman's Flats, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle with expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2120 Messina Place Subject | $1,259,000* List Price | 3 | 2 | 1,351 | $737 | - |
A 2074 Marsala Circle Sold | $1,055,000 | 4 | 2 | 1,524 | $692 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1961 but significantly well-maintained and move-in ready. The home features a refreshed kitchen with new appliances and updated cabinetry, double-pane windows, and original hardwood floors in good condition. While the kitchen flooring and some finishes appear dated, the overall maintenance and recent updates place it in the 'Good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10236, living area = 1351.
The property sits on a nearly quarter-acre level lot and includes potential water credits, offering a rare opportunity for an ADU or future expansion in a high-demand area.
Featuring a refreshed kitchen with new appliances, hardwood floors, and a 134 sq. ft. bonus workshop/office, the home provides immediate functionality and versatile living options.
With only 1,351 square feet of living space, the interior layout may feel compact for a three-bedroom residence at this price point.
The assigned middle school has a low rating of 3/10, which may be a concern for families prioritizing educational performance or long-term resale value.
Welcome to 2120 Messina Place, a beautifully maintained home on a quiet cul-de-sac in Monterey's desirable sunbelt community of Fisherman's Flats. Move-in ready residence offers comfort & privacy. Featuring 3 Bds, 2 Bth with 1,351 sq. ft. on an expansive nearly quarter-acre lot, the home embraces indoor-outdoor living. Large double-pane picture windows fill the living & dining areas with natural light while overlooking the spacious backyard ideal for entertaining & enjoying the peaceful setting. Warm hardwood floors, plantation shutters, and a dual-sided wood-burning fireplace add timeless character. The refreshed kitchen features NEW appliances, updated cabinetry, built-in workstation, & sliding glass doors leading to the all-level backyard. BONUS: 134 sq. ft. workshop/flex space connected to the 2-car garage ideal for a home office or hobby room. The property may also offer sufficient water credits for a future ADU, presenting a rare opportunity for expanded living or investment potential. Buyer to verify all possibilities and due diligence. Sunny, spacious, and full of long-term potential, this exceptional property captures the best of coastal living. Easy access to parks & trails while located approx. 10 min. to Monterey, 15 min. to Carmel, & 20 min. to Pebble Beach.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 3.1 mi
Grades 9-12 • 2.7 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 | 1,351 | 1,977 | 23% |
| Lot Size | 10,236 | 6,922.5 | 65% |
| Price | $1.26M | $1.19M | 55% |
| Price per sq ft | $932 | $672 | 88% |
| Built year | 1961 | 1964 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 177 | 2% |
May 21, 2026
$1,259,000
Initial Listing
Oct 28, 2024
$1,250,000
Public Record