300 Glenwood Circle 189, Monterey, California 93940, Monterey, 93940 - 0 bed, 1 bath
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Monterey, California 93940
This Affordable Studio Condominium offers a rare entry point into the coastal market with a List Price of $187,545, aligning with its $187,545 Fair Market Value. Boasting a Move-in Ready Condition Rating, the interior features modern wood-look laminate flooring, updated countertops, and a private patio. Located near Monterey High School, this end-unit provides enhanced privacy within a prime neighborhood. Regulated by the City of Monterey’s housing program, this is a stable, high-value opportunity for local workforce members or first-time buyers meeting specific eligibility requirements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 Glenwood Circle 189 Subject | $187,545* List Price | 0 | 1 | 465 | $403 | - |
A 300 Glenwood Circle 192 Sold | $243,222 | 0 | 1 | 465 | $523 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. While built in 1970, it features significant cosmetic updates including modern wood-look laminate flooring, fresh neutral paint, and updated countertops in the kitchen and bathroom. The kitchen appliances are clean and functional, and the overall interior condition shows minimal wear and tear, fitting the criteria for a well-maintained, updated unit.
Priced significantly below the Monterey market average, this unit provides a rare and accessible entry point for homeownership in a high-demand coastal region.
Positioned as a first-floor end unit, the property benefits from increased privacy and potentially more natural light than standard interior units within the complex.
The property is situated in a highly desirable Monterey neighborhood, offering close proximity to local amenities, schools, and major employment centers.
The sale is restricted by the City of Monterey’s affordable housing program, requiring specific income limits, local residency/work history, and a three-year period of non-homeownership.
At just 465 square feet, the studio layout offers very compact living quarters with no separate bedroom, which may be restrictive for buyers needing more space or storage.
Affordable Housing by the City of Monterey. This is a studio unit on the first floor end. Email agent for application or go on City website. Single person income limit $81,000.2 people $92,600 Can not have owned property in last 3 years and must have lived or worked in the city of Monterey in the last 5 years. There is a cap on reserves. Down Payment, closing costs, 6 months living expenses and $5,000. First in first served so hurry! Contact your agent to see.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 8% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 465 | 971 | 8% |
| Lot Size | - | - | 50% |
| Price | $187.5K | $600.0K | 12% |
| Price per sq ft | $403 | $661 | 15% |
| Built year | 1970 | 1977 | 31% |
| HOA | $420.0 | $619 | 12% |
| Days on market | 181 | 189 | 50% |
Oct 23, 2025
$187,545
Initial Listing
Jan 4, 2008
$80,000
Public Record