22 Melway Circle, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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Monterey, California 93940
This Well-Maintained Monterey Residence is listed at $950,000, representing a stable value position aligned with its $941,935 Fair Market Value. Boasting a Condition Rating of 4, the home has been meticulously cared for since 1992, featuring a newer roof, dual-pane windows, and a rare attached workshop alongside a two-car garage. Located on a corner lot in Monterey’s desirable sunbelt, the property offers a move-in ready lifestyle moments from Fremont Street. This functional sanctuary is an ideal match for first-time buyers or hobbyists seeking long-term quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Melway Circle Subject | $950,000* List Price | 3 | 2 | 1,512 | $623 | - |
A 542 English Avenue Sold | $850,000 | 4 | 2 | 1,482 | $574 | 0.3 mi |
B 214 Dundee Dr. Sold | $878,500 | 3 | 2 | 1,214 | $724 | 0.4 mi |
C 339 Ramona Avenue Sold | $1,000,000 | 3 | 2 | 1,553 | $644 | 0.7 mi |
D 41 Ralston Drive Sold | $875,000 | 4 | 2 | 1,350 | $648 | 0.3 mi |
E 361 Hannon Avenue Sold | $1,073,100 | 3 | 2 | 1,591 | $674 | 0.6 mi |
F 140 John Street Sold | $1,070,000 | 3 | 2 | 1,996 | $536 | 0.6 mi |
G 2 Portola Avenue Active | $950,000 List Price | 3 | 2 | 1,332 | $713 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953 and meticulously maintained by the same owners since 1992. While it features essential upgrades like a newer roof and dual-pane windows, the interior finishes—including the oak kitchen cabinetry, white appliances, and wall-to-wall carpeting—are dated and likely stem from a renovation 20-30 years ago, requiring cosmetic updates.
Situated on a quiet one-way circle within Monterey's desirable sunbelt, the property offers a peaceful residential setting while remaining moments away from shopping, dining, and fitness amenities on Fremont Street.
Meticulously maintained by the same owners since 1992, the home features significant capital improvements including a newer roof, dual-pane windows, and charming architectural details like beamed ceilings.
The property includes both an attached two-car garage and a dedicated workshop area, providing exceptional space for hobbies, storage, or home projects that is rare for this vintage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property has undergone two price reductions since its initial listing, dropping from $985,000 to $950,000, which may suggest a disconnect between the original asking price and current buyer demand.
Built in 1953, the home may possess older electrical or plumbing systems and a traditional layout that might require further modernization to meet the expectations of contemporary buyers.
Welcome home! Tucked on a corner lot in the sunbelt of Monterey, this charming residence offers the best of both worlds: peaceful living on a one-way circle, while also being just moments from everyday conveniences on Fremont St. Enjoy shopping, dining, the gym, a nearby park, and more! Lovingly cared for by the same owners since 1992, the home shows true care and attention throughout, with beamed ceilings, cheerful paint colors, and tasteful updates such as a newer roof, dual-pane windows, and a cozy electric fireplace insert, among others. Low-maintenance landscaping keeps life simple, while the attached 2-car garage and attached workshop provide space for projects, hobbies, or whatever you desire. A sweet, well-maintained property in a wonderfully convenient location. Welcome to your Monterey home!
No exterior & parking available.
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 | 1,512 | 1,982 | 31% |
| Lot Size | 6,141 | 6,250 | 49% |
| Price | $950.0K | $1.19M | 20% |
| Price per sq ft | $628 | $660 | 41% |
| Built year | 1953 | 1960 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 173 | 5% |
Apr 21, 2026
$950,000
$969,000
-2% Price Drop
Initial Listing
Mar 26, 2026
$969,000
$985,000
-2% Price Drop
Initial Listing
Mar 11, 2026
$985,000
Initial Listing
Dec 21, 1994
$225,000
Public Record