
Monterey, California 93940
This Turnkey Condominium is a Strong Value Opportunity, listed at $705,000—positioned well below the $707,611 Fair Market Value by 0.37%. This property offers $2,611 in Instant Equity. Featuring a Condition Rating of 3, the home includes an updated kitchen, laminate flooring, and a private deck. Its Single-Level Accessibility and prime Del Rey Oaks location provide a peaceful lifestyle near Monterey attractions. This is an ideal choice for Owner-Occupants seeking convenience or first-time buyers prioritizing a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 341 Quail Run Court Subject | $705,000* List Price | 2 | 2 | 1,088 | $650 | - |
A 730 Pheasant Ridge Road Sold | $600,000 | 2 | 2 | 1,056 | $568 | 0.1 mi |
B 640 Pheasant Ridge Road Sold | $605,000 | 2 | 2 | 1,088 | $556 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989 but features clear evidence of being well-maintained and updated. The bathroom has been renovated with a modern vanity and stone countertops, laminate flooring has been installed throughout, and the kitchen includes updated appliances. It is move-in ready and functional, fitting the 5-15 year renovation profile.
The property features a rare no-stairs layout for both the interior and exterior, making it an ideal choice for buyers seeking long-term accessibility and ease of movement.
With an updated kitchen, cohesive laminate flooring throughout, and the convenience of an in-unit washer and dryer, the home is move-in ready with modern finishes.
Situated in the desirable Del Rey Oaks community, the home offers exceptional access to Highways 1 and 68, placing residents minutes away from Monterey’s world-class beaches, dining, and shopping.
The association fee of $619 per month is relatively high for a two-bedroom condo, which may impact the overall affordability and debt-to-income ratio for some buyers.
The assigned middle school carries a low rating of 3/10, which could be a significant drawback for families prioritizing high-performing educational districts.
Welcome to 341 Quail Run Court, where comfortable single-level living meets the peaceful beauty of Del Rey Oaks. With no interior or exterior stairs, this well-maintained 2-bedroom, 2-bath home offers 1,088 square feet of easy living in one of the Peninsula's most convenient locations. Natural light fills the spacious living and dining areas, highlighted by laminate flooring, a cozy fireplace, and large sliding glass doors that open to an expansive covered deck surrounded by mature oak trees. Whether enjoying morning coffee or relaxing with friends in the evening, the private outdoor living space becomes a natural extension of the home. The kitchen opens to the dining area, creating an inviting space for everyday living and entertaining. The spacious primary suite features an updated bathroom, while central forced-air heating, an in-unit laundry area, and an attached garage provide comfort and convenience. Residents enjoy access to the community pool and spa, along with beautifully maintained grounds. Ideally located just minutes from Monterey, Carmel, Pebble Beach, shopping, dining, beaches, and Highway 68, this home is perfect as a full-time residence, weekend retreat, or investment opportunity.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 4.4 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,088 | 630 |
| Lot Size | - | 1,076 |
| Price | $705.0K | $591.8K |
| Price per sq ft | $648 | $698 |
| Built year | 1989 | 1970 |
| HOA | $619.0 | $737 |
| Days on market | 32 | 79 |
Jun 20, 2026
$705,000
Initial Listing
Jul 10, 2018
$475,000
Public Record
May 20, 2016
$440,000
Public Record
May 10, 2000
$259,000
Public Record