22 Deer Forest Drive, Monterey, California 93940, Monterey, 93940 - 4 bed, 3 bath
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Monterey, California 93940
This Turnkey Coastal Sanctuary is a Prime Investment Opportunity listed at $2,175,000—positioned well below the $2,249,000 Fair Market Value by 3%. This valuation gap offers $74,000 in Instant Equity. Boasting an Excellent Condition Rating, the home features a modern chef's kitchen, vaulted ceilings, and a park-like greenbelt setting. Located in the coveted Deer Flats neighborhood near Foothill Elementary, the versatile layout includes a dedicated office and flex room. This is an ideal match for growing families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Deer Forest Drive Subject | $2,175,000* List Price | 4 | 3 | 3,125 | $720 | - |
A 35 Deer Forest Drive Sold | $2,275,000 | 4 | 3 | 2,667 | $853 | 0.1 mi |
B 28 Elk Run Sold | $2,225,000 | 4 | 3 | 2,489 | $894 | 0.4 mi |
C 9 Deer Stalker Sold | $1,780,000 | 4 | 3 | 2,500 | $712 | 0.1 mi |
D 7 Antelope Lane Sold | $1,625,000 | 4 | 3 | 2,528 | $643 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1986, the property has undergone a comprehensive high-end renovation within the last 5 years. The interior features a modern chef's kitchen with shaker cabinetry and stainless steel appliances, fully upgraded bathrooms, new carpeting, and contemporary tile flooring. The description and images confirm a turnkey, mint-condition home with no immediate maintenance required.
The 3,125-square-foot floor plan is exceptionally functional, featuring a dedicated office off the primary suite and a separate flex/bonus room, perfect for remote work or a children's play area.
This home is move-in ready with contemporary finishes, including a chef's kitchen, upgraded bathrooms, and new carpeting, offering a modern aesthetic in a well-established neighborhood.
Situated in a coveted, sunny greenbelt setting near Jacks Peak, the property offers a park-like atmosphere on quiet, walkable streets while remaining minutes from downtown Monterey and Carmel.
While the elementary and high schools are moderately rated, the assigned middle school has a lower rating of 3, which may be a concern for families prioritizing top-tier public education.
The property has undergone a recent price reduction from its original list price, which may indicate initial overpricing or a longer-than-expected period on the market for this price point.
Nestled in Monterey's coveted Deer Flats neighborhood, this 3,125-square-foot home offers modern style in a sunny, park-like greenbelt setting near Jacks Peak and quiet, walkable streets. Truly an entertainers dream, a vaulted entry opens to a flowing floor plan where the living room, dining area, chefs kitchen, and family room connect seamlessly. Abundant windows create a light-filled, airy feel throughout. The home features four bedrooms, two and a half baths, upgraded bathrooms, new carpeting, and contemporary finishes. An office off the primary suite and a separate flex/bonus room, ideal as a kids playroom, add versatility. An attached two-car garage and generous interior storage provide everyday convenience. Outdoors, enjoy a spacious deck, hardscape terraces, and a dedicated play area. Just minutes from downtown, the Wharf, beaches, Carmel, and nearby shopping and grocery stores, this turnkey property blends comfort, function, and location.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 3,125 | 1,989 | 83% |
| Lot Size | 11,761 | 6,800 | 75% |
| Price | $2.17M | $1.19M | 88% |
| Price per sq ft | $696 | $674 | 59% |
| Built year | 1986 | 1962 | 78% |
| HOA | $400.0 | $0 | 86% |
| Days on market | 47 | 173 | 7% |
Apr 6, 2026
$2,175,000
$2,249,000
-3% Price Drop
Initial Listing
Mar 6, 2026
$2,249,000
Initial Listing
Feb 27, 2020
$1,125,000
Public Record
Jul 10, 2019
$850,000
Public Record
May 31, 2000
$610,000
Public Record