575 Foam Street D, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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Monterey, California 93940
Analysis of 575 Foam Street D, Monterey, California 93940 is currently available with a list price of $1,850,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Monterey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2020, this luxury residence is less than 5 years old and in mint, turnkey condition. It features premium modern finishes in the kitchen and living areas, high-end systems including central HVAC and a state-of-the-art security system, and requires no maintenance.
High School: Pacific Grove High School (9/10).
Situated in the heart of the historic Cannery Row district, this residence offers unparalleled walkability to the Monterey Bay Aquarium, luxury spas, and world-class dining.
The unit features a rare, expansive private rooftop deck with an outdoor kitchen and panoramic bay views, providing a unique space for high-end entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1718, other record living area = 1986. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The $1,200 monthly association fee is relatively high, which may impact the overall affordability and long-term carrying costs for potential buyers.
With 65 days on the market and a recent $150,000 price reduction, the property is currently navigating a period of price discovery and slower market momentum.
In the heart of Montereys historic and vibrant Cannery Row district, this luxury residence is one of just four units designed by renowned architect Eric Miller. Offering 3 bedrooms, 2 bathrooms, in-unit laundry, secure gated garage parking, and elevator access, this top-floor residence pairs sophisticated design with effortless coastal living, making it an ideal lock-and-leave retreat. A standout feature is the expansive private rooftop deck, exclusively for this unit, complete with an outdoor kitchen and wide bay viewsan extraordinary setting for entertaining, dining al fresco, or simply enjoying the Monterey lifestyle above it all. The home also features premium interior and exterior finishes, 10-foot ceilings, central heat and A/C, and a state-of-the-art security system. Ideally located near Cannery Row, the Monterey Bay Aquarium, acclaimed restaurants, Monterey Plaza Hotel & Spa, beaches, and the coastal recreation trail, this turnkey residence is a rare offering in one of Montereys most coveted locations.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,718 | 630 |
| Lot Size | - | 1,076 |
| Price | $1.85M | $591.8K |
| Price per sq ft | $1.1K | $698 |
| Built year | 2020 | 1970 |
| HOA | $1200.0 | $737 |
| Days on market | 90 | 79 |
Jun 27, 2026
$1,850,000
$2,000,000
-7% Price Drop
Initial Listing
Apr 23, 2026
$2,000,000
Initial Listing
Mar 17, 2021
$1,825,000
Public Record