537 Larkin Street, Monterey, California 93940, Monterey, 93940 - 2 bed, 2 bath
Loading property details...
537 Larkin Street
Monterey, California 93940
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,125Sq Ft
3,330Lot Size
Property Price
LIST PRICE$1,233,000
EST. MARKET VALUE
$1,074,975
14% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is listed at $1,242,700, which sits above the $1,071,386 Fair Market Value. While priced at a premium, the property offers an Excellent Condition Rating following a high-end restoration, featuring a Gourmet Kitchen, Carmel stone fireplace, and hardwood floors. Located in the heart of historic Old Monterey, the home provides an exceptional walkable lifestyle near the waterfront and cultural district. This is a premier choice for lifestyle-focused buyers or discerning professionals seeking a turnkey coastal sanctuary with timeless character.
Estimated Market Value
$1,074,975
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 |
|---|---|---|---|---|---|---|
★ 537 Larkin Street Subject 2 bd · 2 ba · 1,125 sqft · $956 | $1,233,000* List Price | 2 | 2 | 1,125 | $956 | - |
A 415 Figueroa Street Sold 3 bd · 1 ba · 1,414 sqft · $822 · 0.5 mi | $1,162,500 | 3 | 1 | 1,414 | $822 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1920, the property has undergone a high-end restoration within the last 5 years. It features a gourmet kitchen with modern stainless steel appliances and granite countertops, updated bathrooms with Italian porcelain tile, and contemporary systems including recessed lighting and modern laundry units. The home is in mint, move-in ready condition with no visible maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Charm & Modern Finishes
This 1920s home perfectly blends classic Monterey character with high-end restorations, featuring 10-foot ceilings, a Carmel stone fireplace, and a gourmet kitchen with granite finishes.
- Exceptional Walkability
Situated in the heart of historic Old Monterey, the property offers a premier lifestyle with immediate access to Fisherman’s Wharf, downtown dining, waterfront trails, and cultural landmarks.
- Flexible Living Space
The inclusion of a downstairs bonus room provides valuable versatility for a home office or guest quarters, complemented by a convenient outdoor shower for post-beach cleanup.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
With a lot size of just 3,330 square feet, outdoor space is limited, which may not appeal to buyers seeking a large private yard or significant gardening space.
- Modest School Ratings
The local school district ratings, particularly the middle school at a 3/10, may be a consideration for families prioritizing top-tier educational performance in their home search.
About 537 Larkin Street
Classic Old Monterey charm meets beautifully restored comfort at 537 Larkin Street offering 2 bedrooms, 2 baths, approximately 1,125 square feet. Impeccably maintained, this inviting home showcases a Carmel stone fireplace, soaring 10-foot ceilings, hardwood floors throughout, Italian porcelain tile in the bathrooms, and granite finishes in the gourmet kitchen. A downstairs bonus room offers flexible space for games, movie nights, a home office, or guests, while an outdoor shower is perfect after a day at the beach. Located in the heart of historic Old Monterey, the home offers an exceptional walkable lifestyle near Fishermans Wharf, downtown dining, cafes, waterfront trails, museums, parks, and Montereys vibrant cultural district. Enjoy morning coffee nearby, sunset strolls along Monterey Bay, and convenient access to Pacific Grove, Cannery Row, Carmel, and Pebble Beach. Coastal charm, timeless character, and everyday convenience come together in one truly special home-- come experience it for yourself!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 3,330 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Monterey Unified Schools
Monte Vista
Grades K-5 • 0.8 mi
5/10
Walter Colton
Grades 6-8 • 0.9 mi
3/10
Monterey High School
Grades 9-12 • 0.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,125 | 1,795.679 |
| Lot Size | 3,330 | 8,154.071 |
| Price | $1.23M | $1.25M |
| Price per sq ft | $1.1K | $732 |
| Built year | 1920 | 1961 |
| HOA | $0 | $461 |
| Days on market | 67 | 61 |
Pricing History
Listed for Sale
Oct 1, 2026
$1,233,000
$1,242,700
-1% Price Drop
Initial Listing
Price Change
Aug 18, 2026
$1,242,700
Initial Listing
Sold
Aug 20, 2010
$632,500
Public Record
Sold
Oct 10, 2003
$675,000
Public Record