537 Larkin Street, Monterey, California 93940, Monterey, 93940 - 2 bed, 2 bath
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537 Larkin Street
Monterey, California 93940
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,125Sq Ft
3,330Lot Size
Property Price
LIST PRICE$1,242,700
EST. MARKET VALUE
$1,071,630
15% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is listed at $1,242,700, representing a premium price point relative to its $1,071,630 Fair Market Value. Featuring a gourmet kitchen with granite finishes, Italian porcelain tile, and a Carmel stone fireplace, the property boasts a Mint Condition Rating following a high-end restoration. Located in the heart of historic Old Monterey, the home offers an exceptional walkable lifestyle near top-rated schools and the waterfront. This is an ideal sanctuary for discerning professionals or lifestyle-focused buyers seeking a turnkey coastal residence.
Estimated Market Value
$1,071,630
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 | $1,242,700* List Price | 2 | 2 | 1,125 | $953 | - |
A 415 Figueroa Street Sold | $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 built in 1920, the property has undergone a high-end restoration and is in mint condition. The gourmet kitchen features modern granite countertops and contemporary stainless steel appliances (double oven, LG refrigerator). Bathrooms are updated with Italian porcelain tile. Systems appear modernized, evidenced by recessed lighting throughout and the installation of a Tesla EV charger. The home is move-in ready with no visible maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated in the heart of historic Old Monterey, this home offers an exceptional lifestyle with immediate walking access to Fisherman’s Wharf, downtown dining, and scenic waterfront trails.
- Historic Charm with Modern Luxury
Built in 1920 and impeccably restored, the property features timeless 10-foot ceilings and a Carmel stone fireplace alongside high-end granite finishes and Italian porcelain tile.
- Flexible Living Spaces
The inclusion of a downstairs bonus room and a convenient outdoor shower provides versatile space for a home office, guests, or post-beach cleanup, maximizing the utility of the square footage.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of only 3,330 square feet, the property offers minimal private outdoor space, which may be a drawback for buyers prioritizing a large yard or garden.
- Premium Price Point
At over $1,100 per square foot, the listing price represents a significant premium for a two-bedroom residence, which may limit the pool of value-conscious buyers.
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 | 2.5 |
| Square foot | 1,125 | 1,869.953 |
| Lot Size | 3,330 | 7,748.977 |
| Price | $1.24M | $1.35M |
| Price per sq ft | $1.1K | $729 |
| Built year | 1920 | 1962 |
| HOA | $0 | $431 |
| Days on market | 22 | 50 |
Pricing History
Listed for Sale
Aug 18, 2026
$1,242,700
Initial Listing
Sold
Aug 20, 2010
$632,500
Public Record
Sold
Oct 10, 2003
$675,000
Public Record