500 Glenwood Circle 514, Monterey, California 93940, Monterey, 93940 - 1 bed, 1 bath
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500 Glenwood Circle 514
Monterey, California 93940
ACTIVE UNDER CONTRACT
CONDITION: GOOD
1Beds
1Baths
630Sq Ft
0Lot Size
Property Price
LIST PRICE$495,000
EST. MARKET VALUE
$478,458
3% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $495,000—positioned slightly above the $484,783 Fair Market Value. While the price reflects a premium, the unit features a Condition Rating of 3, boasting a fully modernized kitchen with brand-new appliances and fresh interior paint. Residents enjoy a private patio with Serene Wooded Views and proximity to the Monterey Peninsula’s amenities. With access to Monterey High School, this property offers a stable, low-maintenance lifestyle, making it an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready coastal retreat.
Estimated Market Value
$478,458
Based on Realkey algorithm analyzing recent comparable sales in Monterey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Glenwood Circle 514 Subject 1 bd · 1 ba · 630 sqft · $759 | $495,000* List Price | 1 | 1 | 630 | $759 | - |
A 300 Glenwood Circle 174 Sold 1 bd · 1 ba · 676 sqft · $791 · 0.2 mi | $535,000 | 1 | 1 | 676 | $791 | 0.2 mi |
B 300 Glenwood Circle 186 Sold 1 bd · 1 ba · 692 sqft · $773 · 0.2 mi | $535,000 | 1 | 1 | 692 | $773 | 0.2 mi |
C 500 Glenwood Circle 313 Sold 1 bd · 1 ba · 630 sqft · $757 · 0.1 mi | $477,000 | 1 | 1 | 630 | $757 | 0.1 mi |
D 500 Glenwood Circle 224 Sold 1 bd · 1 ba · 630 sqft · $722 · 0.1 mi | $455,000 | 1 | 1 | 630 | $722 | 0.1 mi |
E 500 Glenwood Circle 537 Sold 2 bd · 2 ba · 855 sqft · $708 · 0.0 mi | $605,000 | 2 | 2 | 855 | $708 | 0.0 mi |
F 300 Glenwood Circle 258 Active 1 bd · 1 ba · 687 sqft · $799 · 0.1 mi | $549,000 List Price | 1 | 1 | 687 | $799 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1970, the property has undergone recent cosmetic updates including fresh paint and new flooring. The kitchen features a brand-new suite of appliances (refrigerator, stove, microwave, dishwasher) and a new sink/faucet. The unit is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Kitchen & Interior
The unit features fresh paint and a full suite of brand-new kitchen appliances, including a refrigerator, gas stove, and dishwasher, offering a move-in-ready experience for the new owner.
- Serene Wooded Views
A private outdoor patio provides tranquil views of the surrounding forest, offering a peaceful and scenic retreat that is highly desirable in the Monterey area.
- Prime Peninsula Location
Situated in the lovely Glenwood Circle complex, the property offers convenient access to the world-class amenities, dining, and coastal attractions of the Monterey Peninsula.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $709 per month is relatively high for a one-bedroom unit, which significantly impacts the overall monthly carrying costs and affordability.
- Compact Living Space
At only 630 square feet, the living area is quite limited, which may be a drawback for buyers seeking more spacious accommodations or additional storage.
About 500 Glenwood Circle 514
Wondeerful opportunity to own in the lovely wooded condo complex Glenwood Circle located in Monterey CA. The one bedroom one bath home has been freshly painted with a new refrigerator and ice maker, gas stove, microwave and dishwasher. Also a new kitchen sink and faucet was added. There is an outdoor patio for relaxing and enjoying the views of the forest. Close by are all of the amenities that the Monterey Peninsula has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $709.0 / Month
Neighborhood Insights
Monterey Unified Schools
Monte Vista
Grades K-5 • 1.3 mi
5/10
Walter Colton
Grades 6-8 • 1.6 mi
3/10
Monterey High School
Grades 9-12 • 1.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.6 |
| Baths | 1.0 | 1.1 |
| Square foot | 630 | 799.474 |
| Lot Size | - | 863.368 |
| Price | $495.0K | $584.6K |
| Price per sq ft | $786 | $703 |
| Built year | 1970 | 1977 |
| HOA | $709.0 | $622 |
| Days on market | 43 | 65 |
Pricing History
Listed for Sale
Sep 11, 2026
$495,000
Initial Listing
Sold
Apr 7, 2021
$382,000
Public Record
Sold
Jan 11, 2006
$391,000
Public Record
Sold
Sep 17, 2002
$215,000
Public Record