
Monterey, California 93940
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $998,000—positioned well above the $961,641 Fair Market Value by -3%. Featuring a Condition Rating of 2, the home offers modern upgrades including a new kitchen with quartz countertops and luxury vinyl plank flooring. Located in a prime coastal area with access to Top-Rated Schools like Pacific Grove High (9/10), this property provides a unique architectural aesthetic. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 677 Taylor Street Subject | $998,000* List Price | 2 | 2 | 1,118 | $860 | - |
A 799 Grace Street Sold | $1,000,000 | 3 | 1 | 1,142 | $876 | 0.3 mi |
B 705 Grace Street Sold | $1,150,000 | 3 | 2 | 1,354 | $849 | 0.2 mi |
C 1109 Mcclellan Avenue Sold | $1,150,000 | 3 | 2 | 1,178 | $976 | 0.4 mi |
D 682 Taylor Sold | $860,000 | 4 | 2 | 1,304 | $660 | 0.0 mi |
E 926 Roosevelt Street Sold | $1,048,000 | 3 | 2 | 1,532 | $684 | 0.8 mi |
F 642 Cypress Street Active | $899,995 List Price | 2 | 1 | 1,114 | $808 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a brand-new kitchen with quartz countertops and new cabinetry, updated bathrooms, and new luxury vinyl plank flooring throughout. Despite the 1985 build date, the interior is in mint, move-in-ready condition with modern energy-efficient upgrades.
High School: Pacific Grove High School (9/10).
Affectionately known as the 'Alamo' or 'nautical house,' this Gino Bushini-designed home features distinctive vaulted, open-beamed ceilings and a one-of-a-kind aesthetic that offers significant curb appeal and personality.
The property is move-in ready with high-quality finishes, including brand-new quartz countertops, new cabinetry, luxury vinyl plank flooring, and updated bathrooms, blending timeless charm with contemporary convenience.
The property was recently sold within the past year on 2026-03-30. The sold price is $690,000.00.
At 1,118 square feet, the interior footprint is relatively compact for a single-family residence at this price point, which may challenge buyers looking for more expansive living or storage areas.
The layout places the main living and dining areas on the second floor and bedrooms on the ground floor, a configuration that may not appeal to all buyers or those with specific accessibility requirements.
Located in neighborhood of New Monterey, this distinctive residence is rich in character and architectural charm. Conceptualized by a former owner/builder in collaboration with local architect Gino Bushini in the 80s, the home is affectionately recognized by locals as the house like the Alamo or the nautical house. Designed for comfort and functionality, the home features two bedrooms and two updated full bathrooms conveniently located on the ground floor with the second bedroom having its own entrance. Upstairs, the open-concept living and dining areas are filled with natural light and showcase open-beamed, vaulted ceilings that create an airy and inviting atmosphere. The beautifully updated kitchen offers brand-new solid-surface quartz countertops, new cabinetry, and an abundance of windows that bring the outdoors in. New luxury vinyl plank flooring flows throughout the home, combining style, durability, and comfort. Thoughtful energy-efficient features include floor insulation, enhancing both sustainability and everyday living. This one-of-a-kind home in New Monterey offers timeless character with modern updates in an exceptional coastal location.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,118 | 1,988 | 10% |
| Lot Size | 4,331 | 6,922.5 | 10% |
| Price | $998.0K | $1.19M | 24% |
| Price per sq ft | $893 | $664 | 86% |
| Built year | 1985 | 1964 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 177 | 2% |
Jun 2, 2026
$998,000
Initial Listing
Mar 30, 2026
$690,000
Public Record