249 Mar Vista Dr, Monterey, California 93940, Monterey, 93940 - 4 bed, 3 bath
Loading property details...
249 Mar Vista Dr
Monterey, California 93940
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,127Sq Ft
20,037Lot Size
Property Price
LIST PRICE$1,549,000
EST. MARKET VALUE
$1,549,000
SUMMARY
This Spacious Single-Family Residence represents a Strong Value Opportunity, currently listed at $1,595,000, which aligns with its $1,595,000 Fair Market Value. While the property is priced at market, its Good Condition Rating and significant infrastructure upgrades—including a new roof, furnace, and sewer line—provide long-term stability. The expansive 0.46-acre lot and flexible floor plan with a new sunroom offer rare privacy and versatility. This property is an ideal acquisition for Owner-Occupants seeking a serene sanctuary or multi-generational families requiring adaptable living space.
Estimated Market Value
$1,549,000
Based on Realkey algorithm analyzing recent comparable sales in Monterey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 249 Mar Vista Dr Subject 4 bd · 3 ba · 2,127 sqft · $728 | $1,549,000* List Price | 4 | 3 | 2,127 | $728 | - |
A 241 Soledad Drive Sold 3 bd · 2 ba · 1,788 sqft · $723 · 0.3 mi | $1,292,500 | 3 | 2 | 1,788 | $723 | 0.3 mi |
B 17 Toda Vista Sold 3 bd · 3 ba · 1,720 sqft · $817 · 0.5 mi | $1,405,000 | 3 | 3 | 1,720 | $817 | 0.5 mi |
C 9 Sommerset Sold 3 bd · 4 ba · 2,563 sqft · $763 · 0.9 mi | $1,955,000 | 3 | 4 | 2,563 | $763 | 0.9 mi |
D 7 Stratford Place Sold 3 bd · 3 ba · 2,730 sqft · $714 · 0.7 mi | $1,949,000 | 3 | 3 | 2,730 | $714 | 0.7 mi |
E 1 Greenwood Way Active 4 bd · 3 ba · 2,625 sqft · $646 · 0.3 mi | $1,695,000 List Price | 4 | 3 | 2,625 | $646 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1960, the property has undergone significant recent improvements including a new roof, furnace, water heater, and sewer line. The interior features well-maintained hardwood and terracotta flooring with a newly completed sunroom. The kitchen and bathrooms appear functional and move-in ready, though the tile countertops suggest a slightly older renovation style, placing it firmly in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20037, living area = 2127.
- Modernized Infrastructure
The property features significant recent upgrades including a new roof, sewer line, furnace, water heater, and a whole-house water filtration system, reducing immediate capital expenditure for the buyer.
- Expansive Private Lot
Set on nearly half an acre and backing onto a city-maintained forest, this property offers a rare level of privacy and a serene natural backdrop seldom found in the heart of Monterey.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 116 days on the market and a series of price reductions from the original $1.85M list price, the property may carry a market stigma that requires aggressive positioning to overcome.
- Vintage Aesthetic Constraints
Despite system upgrades, the 1960s construction and specific finishes like terracotta tile may feel dated to modern buyers, potentially necessitating further cosmetic remodeling to achieve a contemporary look.
About 249 Mar Vista Dr
Single-Level Comfort. Forest Tranquility. Coastal Living. Motivated Seller—Bring All Offers! Discover a peaceful Monterey retreat with the ease of single-story living—all four bedrooms, two-and-one-half baths, and main living spaces on one level, supporting everyday convenience and ease of movement. Set on a private lot of nearly half an acre, 249 Mar Vista Drive offers approximately 2,127 square feet of versatile living space near the ocean, with a serene forest backdrop. Two distinct living areas offer flexibility for entertaining, working from home, or welcoming an extended household. Newly completed sunrooms fill the home with natural light, while rich wood flooring and terracotta tile bring warmth and timeless California character. Major improvements include a new roof, sewer line, furnace, water heater, sunrooms, and whole-house water filtration system. A dual-entry circular driveway provides convenient access, while the City-owned and maintained forest behind the property enhances its peaceful setting. New roof, new sun rooms, whole water filtration system installed. Experience the comfort of single-level coastal living—schedule your showing today and bring your offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 20,037 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 2,127 | 1,795.679 |
| Lot Size | 20,037 | 8,154.071 |
| Price | $1.55M | $1.25M |
| Price per sq ft | $728 | $732 |
| Built year | 1960 | 1961 |
| HOA | $0 | $461 |
| Days on market | 148 | 61 |
Pricing History
Listed for Sale
Oct 2, 2026
$1,549,000
$1,595,000
-3% Price Drop
Initial Listing
Price Change
Aug 26, 2026
$1,595,000
$1,615,000
-1% Price Drop
Initial Listing
Price Change
Aug 1, 2026
$1,615,000
$1,699,000
-5% Price Drop
Initial Listing
Price Change
Jul 19, 2026
$1,699,000
$1,785,000
-5% Price Drop
Initial Listing
Price Change
Jun 6, 2026
$1,785,000
$1,850,000
-4% Price Drop
Initial Listing
Price Change
May 29, 2026
$1,850,000
Initial Listing
Sold
Mar 8, 2023
$1,386,000
Public Record
Sold
Feb 19, 2020
$800,000
Public Record
Sold
Aug 6, 2013
$621,807
Public Record
Sold
Feb 12, 1998
$415,000
Public Record