500 Glenwood Circle 313, Monterey, California 93940, Monterey, 93940 - 1 bed, 1 bath
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Monterey, California 93940
This Modernized Coastal Condominium is a Prime Investment Opportunity listed at $485,000—positioned well below the $503,460 Fair Market Value by 3%. This valuation gap provides $18,460 in Instant Equity. Boasting a Condition Rating of 2, the interior features a remodeled kitchen with Corian countertops, soft-close cabinetry, and new laminate flooring. The all-inclusive HOA covers all major utilities, ensuring low-maintenance living near Monterey High School. This turnkey residence is a perfect match 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 | $799 | - |
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 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 structure dates to 1970, the interior is in mint condition following a comprehensive remodel. The kitchen and bathroom have been fully updated with modern soft-close cabinetry, Corian countertops, and contemporary fixtures. New laminate and vinyl flooring throughout, along with custom bedroom built-ins, meet the criteria for a high-quality recent renovation that is move-in ready.
The monthly HOA dues cover gas, electricity, water, sewer, and trash, providing residents with significant cost savings and simplified, low-maintenance living.
This move-in ready condo features a remodeled kitchen with Corian countertops and soft-close cabinetry, updated flooring, and a renovated bathroom, eliminating the need for immediate renovations.
The ground-floor location offers easy access without stairs and includes a private patio that opens directly to views of the community pool and garden area.
The unit does not include private laundry hookups, requiring residents to use shared community facilities located on a different floor.
At 630 square feet, the living space is relatively compact, which may be a constraint for buyers seeking more storage or a more spacious layout.
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 | 38% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 630 | 971 | 31% |
| Lot Size | 667 | - | 69% |
| Price | $485.0K | $600.0K | 31% |
| Price per sq ft | $770 | $674 | 69% |
| Built year | 1970 | 1977 | 31% |
| HOA | $467.0 | $619 | 27% |
| Days on market | 31 | 187 | 4% |
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