
Monterey, California 93940
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $968,000—positioned well above the $964,291 Fair Market Value by a negligible margin, reflecting a stable market price. Featuring a Condition Rating of 2, the home offers a newly renovated kitchen, luxury vinyl plank flooring, and updated bathrooms. Located in a prime coastal area, it provides access to top-rated schools like Pacific Grove High (9/10). This distinctive, architecturally significant home is an ideal sanctuary for professional couples or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 677 Taylor Street Subject | $968,000* List Price | 2 | 2 | 1,118 | $863 | - |
A 799 Grace Street Sold | $1,000,000 | 3 | 1 | 1,142 | $876 | 0.3 mi |
B 777 Parcel Street Sold | $1,200,000 | 3 | 2 | 1,542 | $778 | 0.2 mi |
C 705 Grace Street Sold | $1,150,000 | 3 | 2 | 1,354 | $849 | 0.2 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 640 Alice Street Pending | $1,100,000 List Price | 3 | 2 | 1,294 | $850 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1985, the property has undergone a recent high-end renovation (likely <5 years) featuring a brand-new kitchen with quartz countertops and new cabinetry, two fully updated bathrooms, and new luxury vinyl plank flooring throughout, making it move-in ready with no immediate maintenance required.
High School: Pacific Grove High School (9/10).
Affectionately known as the 'Alamo' or 'nautical house,' this Gino Bushini-designed home features vaulted, open-beamed ceilings and a distinctive aesthetic that stands out in the New Monterey market.
The residence is move-in ready with high-quality updates, including a remodeled kitchen with quartz countertops, new cabinetry, and durable luxury vinyl plank flooring throughout.
The property was recently sold within the past year on 2026-03-30. The sold price is $690,000.00.
At just 1,118 square feet, the home is relatively compact for its price point, which may limit its appeal to larger families or those seeking more spacious living areas.
With 46 days on the market and a recent price reduction from the original list price, the property is experiencing slower momentum, potentially indicating a mismatch between the unique design and current buyer expectations.
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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,118 | 1,829.5 |
| Lot Size | 4,331 | 7,517.5 |
| Price | $968.0K | $1.29M |
| Price per sq ft | $866 | $686 |
| Built year | 1985 | 1962 |
| HOA | $0 | $495 |
| Days on market | 50 | 63 |
Jul 18, 2026
$968,000
$998,000
-3% Price Drop
Initial Listing
Jun 2, 2026
$998,000
Initial Listing
Mar 30, 2026
$690,000
Public Record