22 Melway Circle, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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Monterey, California 93940
This Well-Maintained Coastal Residence is listed at $950,000, representing a stable value position aligned with its $941,935 Fair Market Value. Boasting a Good Condition Rating, the home features high-value updates including a newer roof, dual-pane windows, and a versatile attached workshop. Situated on a quiet corner lot in Monterey’s desirable sunbelt, the property offers a blend of mid-century charm with beamed ceilings and immediate proximity to Fremont Street amenities. This move-in-ready home is a perfect match for Owner-Occupants or first-time buyers seeking a peaceful lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Melway Circle Subject | $939,000* List Price | 3 | 2 | 1,512 | $602 | - |
A 542 English Avenue Sold | $850,000 | 4 | 2 | 1,482 | $574 | 0.3 mi |
B 339 Ramona Avenue Sold | $1,000,000 | 3 | 2 | 1,553 | $644 | 0.7 mi |
C 41 Ralston Drive Sold | $875,000 | 4 | 2 | 1,350 | $648 | 0.3 mi |
D 521 Hannon Avenue Sold | $1,183,000 | 3 | 2 | 1,980 | $597 | 0.3 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 | 0.7 mi |
G 206 Edinburgh Avenue Active | $1,099,000 List Price | 3 | 2 | 1,811 | $607 | 0.4 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, the home is functional and move-in ready but dated. The kitchen features oak cabinetry and white appliances likely from a 20-30 year old renovation, and the interior includes older wall paneling and carpeting. While the roof and windows are newer, the overall aesthetic and systems reflect a property that needs cosmetic and minor mechanical updates to meet modern standards.
Situated on a corner lot within Monterey's desirable 'sunbelt,' the property offers a peaceful lifestyle on a quiet one-way circle while maintaining immediate proximity to Fremont Street's shopping, dining, and amenities.
Under the same ownership since 1992, the home features significant high-value updates including a newer roof, dual-pane windows, and well-preserved architectural details like beamed ceilings.
Beyond the standard living area, the property includes both an attached two-car garage and a dedicated workshop, providing rare additional utility for hobbies, storage, or home projects.
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 multiple price reductions since its initial listing, which may lead to buyer hesitation or perceptions of overvaluation relative to current market conditions.
Originally constructed in 1953, the home may require future investments in aging core systems such as plumbing or electrical that are common in mid-century residences, despite its aesthetic upkeep.
Dropped $46k! 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 | 1,996 | 31% |
| Lot Size | 6,141 | 6,970 | 44% |
| Price | $939.0K | $1.19M | 17% |
| Price per sq ft | $621 | $660 | 37% |
| Built year | 1953 | 1963 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 184 | 15% |
Apr 29, 2026
$939,000
$950,000
-1% Price Drop
Initial Listing
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