338 Monterey Dunes Way, Moss Landing, California 95039, Moss Landing, 95039 - 3 bed, 3 bath
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Moss Landing, California 95039
This coastal residence represents a Strong Value Opportunity, listed at $2,195,000—positioned well below the $2,313,219 Fair Market Value by 5%. This valuation gap offers $118,219 in Instant Equity. Featuring unobstructed ocean views, a granite kitchen, and resort-style amenities, the home maintains a Condition Rating of 4. While the property requires cosmetic updates to modernize its 1975 finishes, it offers a rare seaside lifestyle. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 338 Monterey Dunes Way Subject | $2,195,000* List Price | 3 | 3 | 1,681 | $1,376 | - |
A 338 Monterey Dunes Way Active | $2,249,000 List Price | 3 | 3 | 1,681 | $1,338 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this property is well-maintained but shows its age. While the kitchen has been partially upgraded with granite countertops, the bathrooms feature dated tile counters and older cabinetry. The interior finishes, including the carpeting and fixtures, suggest the last significant renovation occurred 15-25 years ago, requiring cosmetic updates to meet modern standards.
Situated in the exclusive Monterey Dunes Colony, the property offers direct beach access and dramatic two-story windows with unobstructed views of the ocean and sand dunes.
Residents benefit from a gated community lifestyle featuring a comprehensive suite of amenities including a pool, tennis courts, and various sports courts, ideal for a vacation retreat.
The home features a desirable open-concept design with an upgraded granite kitchen and a convenient ground-floor bedroom, catering to both comfort and accessibility.
The monthly association fee of $1,220 is relatively high, which may impact the overall affordability and investment yield for some buyers.
Built in 1975, the property's age combined with its direct oceanfront exposure necessitates ongoing and potentially costly maintenance to combat salt-air corrosion.
Nestled along the coast between Santa Cruz and Monterey, in the private gated community of Monterey Dunes Colony, this home offers the ultimate seaside escape. Enter through a spacious private courtyard into a dramatic living area where soaring two-story windows frame breathtaking views of the ocean, sand dunes, and shoreline. The open-concept design flows effortlessly from the living room with its cozy fireplace, to the dining area and upgraded kitchen featuring granite countertops. The floor plan is thoughtfully designed with a ground-floor bedroom and laundry room, while upstairs youll find two bedroom suitesone boasting ocean views and a walk-in closet. Step outside for direct access to the beach path, just moments from the surf. This coastal retreat also includes a detached two-car garage, an additional assigned parking space, and plenty of guest parking. Residents enjoy resort-style amenities including a pool, tennis courts, bocce ball, volleyball, and basketball. Lovingly maintained as a vacation home, this property offers the perfect balance of relaxation, recreation, and oceanfront living. Experience true coastal living at this magnificent Monterey Dunes Colony residence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,681 | 1,471.5 | 50% |
| Lot Size | 3,002 | 5,451 | 50% |
| Price | $2.19M | $1.55M | 50% |
| Price per sq ft | $1.3K | $1.0K | 50% |
| Built year | 1975 | 1972 | 50% |
| HOA | $1220.0 | $610 | 50% |
| Days on market | 22 | 86 | 50% |
May 15, 2026
$2,195,000
Initial Listing
Mar 1, 1994
$390,000
Public Record