
Monterey, California 93940
This Versatile Dual-Living Residence represents a Strong Value Opportunity, listed at a List Price of $1,750,000, which aligns perfectly with its $1,750,000 Fair Market Value. Featuring a 3,567 sqft single-level floor plan with a private in-law suite, the property maintains a Good Condition Rating with recent high-end bathroom renovations. Its prime location in the prestigious Toyon Heights neighborhood offers exceptional flexibility for multigenerational living. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, move-in ready home with significant lifestyle utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 618 Mar Vista Drive Subject | $1,650,000* List Price | 5 | 3 | 3,567 | $463 | - |
A 1 Crescent Circle Active Under Contract | $1,625,000 List Price | 4 | 3 | 2,928 | $555 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1960, the home has undergone significant updates that place it in the 'Good' category. The interior features well-maintained hardwood flooring and at least one high-end bathroom renovation with modern marble tiling and a glass enclosure. The kitchen, though featuring dated white appliances, has been refreshed with modern subway tile and remains fully functional. The property appears move-in ready and well-maintained, fitting the 5-15 year renovation window for key areas.
The property features a unique layout with a 2,570 sqft main residence and a private 997 sqft in-law suite, offering exceptional flexibility for multigenerational living, guest accommodations, or a home office.
Rarely found at this scale, the 3,567 square feet of living space is entirely on one level, providing excellent accessibility and a seamless flow between the indoor living areas and the outdoor patio.
Situated on a corner lot in the prestigious Toyon Heights neighborhood, the home occupies a desirable 'top of the hill' position within the Monterey Peninsula, ensuring a sense of privacy and status.
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.
Built in 1960, the property may require capital improvements or cosmetic updates to its original systems and finishes to meet the expectations of modern luxury buyers.
With over 3,500 sqft of living space on a 7,405 sqft lot, the building footprint occupies a significant portion of the land, which may limit the available yard space for gardening or outdoor recreation.
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. You will be impressed with the showcasing beauty of this newly staged home and apartment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 3,567 | 1,869.953 |
| Lot Size | 7,405 | 7,748.977 |
| Price | $1.65M | $1.35M |
| Price per sq ft | $463 | $729 |
| Built year | 1960 | 1962 |
| HOA | $0 | $431 |
| Days on market | 92 | 50 |
Aug 18, 2026
$1,650,000
$1,750,000
-6% Price Drop
Initial Listing
Jun 9, 2026
$1,750,000
Initial Listing