
Monterey, California 93940
This Turnkey Condominium represents a Strong Value Opportunity, listed at $545,000—positioned well below the $575,096 Fair Market Value by 5%. This valuation gap provides $30,096 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a Granite Kitchen, Private Deck, and Resort-Style Amenities like an indoor pool, this home offers a seamless lifestyle. Located near the Naval Postgraduate School, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 Glenwood Circle 198 Subject 1 bd · 1 ba · 760 sqft · $757 | $545,000* List Price | 1 | 1 | 760 | $757 | - |
A 300 Glenwood Circle 186 Sold 1 bd · 1 ba · 692 sqft · $773 · 0.0 mi | $535,000 | 1 | 1 | 692 | $773 | 0.0 mi |
B 300 Glenwood Circle 174 Sold 1 bd · 1 ba · 676 sqft · $791 · 0.0 mi | $535,000 | 1 | 1 | 676 | $791 | 0.0 mi |
C 500 Glenwood Circle 313 Sold 1 bd · 1 ba · 630 sqft · $757 · 0.1 mi | $477,000 | 1 | 1 | 630 | $757 | 0.1 mi |
D 300 Glenwood Circle 265 Sold 2 bd · 1 ba · 879 sqft · $739 · 0.1 mi | $650,000 | 2 | 1 | 879 | $739 | 0.1 mi |
E 500 Glenwood Circle 537 Sold 2 bd · 2 ba · 855 sqft · $708 · 0.2 mi | $605,000 | 2 | 2 | 855 | $708 | 0.2 mi |
F 300 Glenwood Circle 258 Active 1 bd · 1 ba · 687 sqft · $799 · 0.1 mi | $549,000 List Price | 1 | 1 | 687 | $799 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the unit has undergone a comprehensive recent renovation featuring fresh interior paint, new wood flooring, and new bedroom carpet. The kitchen is modernized with granite countertops and stainless steel appliances, and the listing notes new heating registers, qualifying it as a turnkey, mint-condition property.
The condo features contemporary finishes including wood flooring, granite countertops, and stainless steel appliances, offering a move-in-ready experience for buyers.
Residents have access to an impressive suite of amenities including a heated indoor pool, fitness center, and outdoor fire tables, enhancing the lifestyle value.
Ideally situated near the Naval Postgraduate School, Monterey Peninsula College, and major coastal attractions, providing excellent convenience and strong rental potential.
The $487 monthly association fee represents a significant ongoing expense that may impact the overall affordability for some buyers.
With only 760 square feet and a single bedroom, the property offers limited space, which may not suit those needing a home office or guest room.
Discover the perfect blend of comfort, convenience & Monterey Peninsula living in this beautifully updated ground-floor condo at Footprints on the Bay. Privately tucked away at the rear of the community, this move-in-ready home offers a peaceful, wooded setting while placing an impressive collection of resort-style amenities just steps from your door. Inside, you'll find fresh contemporary finishes including wood flooring, new interior paint, crown molding, plantation shutters, new bedroom carpet, & new heating registers. The living room features a fireplace & access to a spacious private deck and forested view. The inviting kitchen features granite countertops, stainless steel appliances & a dining area overlooking a serene backdrop. Enjoy the convenience of in-unit Bosch washer & dryer along with the ease of single-level, ground-floor living. The community offers an exceptional lifestyle with a heated indoor swimming pool, fitness center, outdoor fire tables, BBQ area, dog run, & reservable clubhouse. Perfectly situated in the heart of the Monterey Peninsula, you're just minutes from the beach, NPS, MPC, shopping, restaurants, world-class golf, Carmel-by-the-Sea & Pebble Beach. Perfect for a full-time residence or weekend retreat, this turnkey condo offers exceptional value!
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 |
|---|---|---|
| Beds | 1.0 | 1.6 |
| Baths | 1.0 | 1.1 |
| Square foot | 760 | 799.474 |
| Lot Size | - | 863.368 |
| Price | $545.0K | $584.6K |
| Price per sq ft | $717 | $703 |
| Built year | 1970 | 1977 |
| HOA | $487.0 | $622 |
| Days on market | 16 | 65 |
Oct 8, 2026
$545,000
Initial Listing
Feb 22, 2017
$385,000
Public Record
Jan 10, 2008
$405,000
Public Record