
Monterey, California 93940
Analysis of 37 La Playa Street 37, Monterey, California 93940 is currently available with a list price of $1,579,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Monterey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1967, the property has undergone a high-end, comprehensive recent renovation (likely <5 years). The kitchen features modern cabinetry and premium appliances, while the bathrooms are updated with custom herringbone tile, luxury fixtures, and integrated lighting, meeting the criteria for mint condition.
Situated directly on Monterey Bay, this property offers immediate access to the coastal trail, wharf, and scenic recreation, providing a quintessential seaside lifestyle.
The residence features a newly redesigned kitchen and a spa-like primary bathroom equipped with high-end finishes like a Toto bidet, custom herringbone tile, and an oversized soaking tub.
Large windows, sliding glass doors, and multiple private balconies maximize the stunning bay views and invite refreshing ocean breezes throughout the multi-level living space.
With 138 days on market and multiple price reductions from the original $1.795M listing, the property has faced challenges in finding its market value, which may lead to buyer hesitation.
At 1,156 square feet, the interior footprint is relatively modest for the $1.5M+ price point, potentially limiting its appeal to buyers seeking more expansive square footage.
Stunning home! One of Monterey's most beautiful areas, close to great restaurants, shopping, outdoor recreation, and the breathtaking scenery of Monterey Bay. This multi-level residence embodies relaxed seaside comfort. Experience the warm welcome of natural light flooding the interior through large windows and sliding doors, inviting in refreshing ocean breezes and soothing sounds of waves. The kitchen flows smoothly into the inviting dining area, ideal for memorable gatherings and entertaining guests. Meanwhile, the cozy living room fireplace creates a perfect setting for intimate, relaxing evenings after a nice walk on the beach. Multiple balconies offer peaceful spots to relax, enjoy ocean views, and enjoy the coastal air. After a day at the beach, unwind in the oversized soaking tub before falling asleep to the sound of the ocean. The primary bath features a Toto bidet, built-in towel warmer, vanity mirrors with integrated lighting, custom herringbone tile, and custom glass doors. Steps away, the coastal trail guides you to the wharf and extends to Pacific Grove, providing easy access to charming restaurants, lively festivals, lovely walks, and ocean bike rides. Bonus package offers up to $10,000 towards the buyer's closing costs! Call your realtor before it's gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.7 |
| Baths | 3.0 | 1.1 |
| Square foot | 1,156 | 826.375 |
| Lot Size | 1,164 | 892.5 |
| Price | $1.58M | $599.6K |
| Price per sq ft | $1.4K | $697 |
| Built year | 1967 | 1977 |
| HOA | $8400.0 | $609 |
| Days on market | 159 | 70 |
Jun 11, 2026
$1,579,000
$1,679,000
-6% Price Drop
Initial Listing
Apr 26, 2026
$1,679,000
$1,795,000
-6% Price Drop
Initial Listing
Apr 3, 2026
$1,795,000
Initial Listing
Aug 7, 2020
$795,000
Public Record
Dec 19, 2017
$719,000
Public Record
Jun 4, 1998
$385,000
Public Record