
Monterey, California 93940
This Spacious Single-Level Residence is a Strong Value Opportunity, listed at $1,650,000, which aligns perfectly with its $1,650,000 Fair Market Value. Featuring a 3,567 Sq.Ft. floor plan with a versatile 997 Sq.Ft. attached in-law suite, the property maintains a Condition Rating of 3 with modern updates like marble-tiled showers and hardwood floors. Its Toyon Heights location and private patio offer a premium lifestyle. This property is an ideal acquisition for Multigenerational Families or Owner-Occupants seeking flexible, move-in ready living in a prestigious Monterey neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 618 Mar Vista Drive Subject 5 bd · 3 ba · 3,567 sqft · $447 | $1,595,000* List Price | 5 | 3 | 3,567 | $447 | - |
A 1 Crescent Circle Sold 4 bd · 3 ba · 2,928 sqft · $557 · 0.7 mi | $1,630,000 | 4 | 3 | 2,928 | $557 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1960, the property has undergone significant renovations within the last 5-15 years, making it move-in ready. Interior photos show updated hardwood flooring, a modern marble-tiled walk-in shower, and a refreshed kitchen with contemporary subway tile. The listing also confirms functional systems with a separate furnace and water heater for the in-law suite.
The property features a substantial 997 sq. ft. attached in-law suite with its own entrance, kitchen, and utilities, providing exceptional flexibility for extended family, guests, or potential rental income.
Rarely available at over 3,500 sq. ft., this expansive single-story residence offers an accessible and seamless floor plan that is highly desirable for long-term residency and ease of movement.
Situated in the sought-after Toyon Heights neighborhood at the top of the hill, the home occupies a prominent corner lot within a quiet and prestigious Monterey enclave.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7839. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3567, other record living area = 2570. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
With 97 days on the market and a significant $100,000 price reduction, the property may be facing challenges with buyer perception or initial overpricing relative to current demand.
The large 3,567 sq. ft. building footprint on a 7,405 sq. ft. lot leaves relatively limited outdoor yard space, which may be a drawback for buyers seeking expansive private gardens or play areas.
Beautiful, bright and beneficial single level living at its best! Welcome to 618 Mar Vista Drive located within the desirable and prestigious Toyon Heights, top of the hill, Mar Vista neighborhood. This spacious, rare and versatile 3,567 Sq.Ft. home sits gracefully on a corner lot. The main residence offers 2,570 Sq.Ft. with 3 bedrooms, 2 bathrooms while the private attached in-law suite is a generous 997 Sq.Ft. with 2 bedrooms, 1 bathroom. This home is ideal for multigenerational living, in-laws or guests or combine the two for one expansive 5 bedroom, 3 bathroom home. The private in-law, guest suite has its own entrance, an open Kitchen Family room, large closets along with its own furnace, water heater and laundry hookups. Thoughtfully designed for flexibility this property offers opportunities for todays lifestyle. The main house features an easy living floor plan with French doors opening from both the dining room and living room to the outdoor patio perfect for BBQs, relaxing and entertaining enjoyment. An oversized two car garage with a washer and dryer. This Mar Vista neighborhood is an added benefit with its convenience to all this beautiful Monterey Peninsula offers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 3,567 | 1,795.679 |
| Lot Size | 7,405 | 8,154.071 |
| Price | $1.59M | $1.25M |
| Price per sq ft | $447 | $732 |
| Built year | 1960 | 1961 |
| HOA | $0 | $461 |
| Days on market | 137 | 61 |
Sep 26, 2026
$1,595,000
$1,650,000
-3% Price Drop
Initial Listing
Aug 18, 2026
$1,650,000
$1,750,000
-6% Price Drop
Initial Listing
Jun 9, 2026
$1,750,000
Initial Listing