500 Glenwood Circle 313, Monterey, California 93940, Monterey, 93940 - 1 bed, 1 bath
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Monterey, California 93940
This Modernized Coastal Sanctuary is a Prime Investment Opportunity listed at $485,000—positioned well below the $499,583 Fair Market Value by 2%. This valuation gap provides $14,583 in Instant Equity. Boasting a Condition Rating of 2, the interior features a Remodeled Kitchen with Corian countertops and a private patio with Pool and Garden Views. The all-inclusive HOA covers all utilities, ensuring a low-maintenance lifestyle near Monterey High School. This turnkey home is perfect for coastal lifestyle seekers or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Glenwood Circle 313 Subject | $485,000* List Price | 1 | 1 | 630 | $770 | - |
A 500 Glenwood 123 Sold | $483,000 | 1 | 1 | 630 | $767 | 0.0 mi |
B 500 Glenwood Circle 125 Sold | $462,000 | 1 | 1 | 630 | $733 | 0.0 mi |
C 300 Glenwood Circle 159 Sold | $539,000 | 1 | 1 | 676 | $797 | 0.1 mi |
D 500 Glenwood Circle 537 Sold | $605,000 | 2 | 2 | 855 | $708 | 0.1 mi |
E 300 Glenwood Circle 258 Active | $599,000 List Price | 1 | 1 | 687 | $872 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1970, the interior has undergone a comprehensive recent renovation including a remodeled kitchen with soft-close cabinetry and Corian countertops, an updated bathroom, and new laminate/vinyl flooring. The unit is in mint, move-in ready condition with no visible maintenance needs, fitting the criteria for a high-quality renovation within the last 5 years.
The monthly HOA fee covers gas, electricity, water, sewer, and trash, providing exceptional value and simplified monthly budgeting for the homeowner.
The unit is move-in ready with a remodeled kitchen featuring Corian countertops and soft-close cabinetry, complemented by updated laminate flooring and a renovated bathroom.
Ideally situated in Monterey near major peninsula attractions, this ground-floor unit offers a private patio with pleasant views of the community pool and gardens.
At only 630 square feet, the interior living area is relatively small, which may limit appeal for buyers seeking more spacious accommodations or significant storage.
The property relies on communal laundry facilities located on a different floor, which is a convenience drawback compared to modern units with in-suite washer and dryer hookups.
Enjoy easy coastal living in this nicely updated, move-in ready ground-floor 1-bedroom, 1-bath condo in beautiful Monterey. Ideally situated close to all the attractions of the Monterey Peninsula, this home offers comfort and convenience in a sought-after location. The bedroom features a custom wall unit for added storage and opens to a private patio with views of the community pool and garden area. The remodeled kitchen and bathroom showcase thoughtful upgrades, while laminate and vinyl flooring run throughout the home. The kitchen is equipped with a gas range, Corian countertops, and soft-close cabinetry. Residents enjoy community amenities including a pool, sauna room, clubhouse, and laundry facilities conveniently located one floor below via elevator. HOA dues cover gas, electricity, water, sewer, garbage, recycling, and exterior maintenance, making for easy, low-maintenance living. Don't wait to see this great home!
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 48% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 630 | 855 | 35% |
| Lot Size | 667 | 640 | 57% |
| Price | $485.0K | $585.0K | 39% |
| Price per sq ft | $770 | $685 | 78% |
| Built year | 1970 | 1975 | 39% |
| HOA | $467.0 | $619 | 30% |
| Days on market | 84 | 152 | 17% |
Mar 22, 2026
$485,000
Initial Listing
Mar 1, 2022
$450,000
Public Record
Dec 1, 2017
$280,000
Public Record
Mar 27, 2007
$362,000
Public Record
Feb 22, 2001
$196,000
Public Record