585 Hawthorne Street 103, Monterey, California 93940, Monterey, 93940 - 2 bed, 2 bath
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Monterey, California 93940
This Coastal Ground-Floor Condominium is listed at $900,000, reflecting a recent price correction toward its $851,203 Fair Market Value. Maintaining a Condition Rating of 3, the interior features Remodeled Granite Bathrooms, high-end Bosch Appliances, and energy-efficient double-pane windows. The property offers rare Monterey Bay Views from a covered patio and provides access to the prestigious Pacific Grove High School (9/10). This move-in-ready home provides a seamless transition for Owner-Occupants or lifestyle-driven buyers seeking a sophisticated seaside sanctuary minutes from Cannery Row.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained. While the kitchen features dated white appliances and older cabinetry, it has been updated with a modern tile backsplash. The bathrooms have been more recently remodeled with granite countertops and tile flooring. With a new water heater installed in 2024, double-pane windows, and high-end Bosch laundry appliances, the home's systems are functional and updated, though the overall aesthetic reflects a mix of original 1980s charm and mid-range updates.
High School: Pacific Grove High School (9/10).
Ideally situated near Cannery Row and the Monterey Wharf, this unit offers rare, stunning views of the bay and city lights from a private covered patio.
The condo boasts significant upgrades, including remodeled bathrooms with granite countertops, a new 2024 gas water heater, and high-end Bosch appliances.
The monthly HOA fee of $1,018 is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
Multiple price reductions since the initial listing suggest the property has struggled to find its market value, potentially indicating initial overpricing.
New price adjustment. Enjoy comfortable coastal living in this beautifully maintained 1,247 sq. ft. condo featuring two bedrooms and two full bathrooms, all conveniently located on the ground floor with amazing views of the bay and city lights, enjoyed from a covered patio, perfect for relaxing and entertaining. The inviting living room is warmed by a gas fireplace, while the open-concept kitchen provides a functional and welcoming space. Enjoy meals in the cozy dining area or at the breakfast bar. This home is designed for comfort with radiant heating and double pane windows provide energy efficiency, while a security gate adds an extra layer of safety. Both bathrooms have been remodeled with granite countertops and tile flooring. The primary suite includes a walk-in closet and a private enclosed patio off the primary bathroom. Additional highlights include an in-unit Bosch electric washer and dryer, a gas water heater installed in 2024, elevators with access to the underground garage with two assigned parking spaces, plus a separate storage unit. These units don't come on the market often. Ideally located just minutes from the Monterey Wharf, Cannery Row, The Aquarium, shopping and dining. This condo offers the perfect blend of convenience, comfort, and classic Monterey charm.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,247 | 910.5 | 95% |
| Lot Size | 1,178 | 633.5 | 73% |
| Price | $850.0K | $592.5K | 95% |
| Price per sq ft | $682 | $681 | 50% |
| Built year | 1981 | 1977 | 73% |
| HOA | $1018.0 | $632 | 95% |
| Days on market | 150 | 150 | 55% |
Jun 1, 2026
$850,000
$900,000
-6% Price Drop
Initial Listing
Apr 3, 2026
$900,000
$950,000
-5% Price Drop
Initial Listing
Mar 9, 2026
$950,000
Initial Listing
Jan 7, 2026
$975,000
Initial Listing
Oct 10, 1997
$207,000
Public Record