710 Woodcrest Lane, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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Monterey, California 93940
This Turnkey Coastal Residence is a High-Potential Investment Opportunity, listed at $1,398,000—positioned well below the $1,453,672 Fair Market Value by 3%. This valuation gap provides $55,672 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the home features a remodeled kitchen, Gunstock Oak floors, and a 50-year warranted roof. Located in the prestigious Peters Gate neighborhood, the property offers filtered bay views and a Carmel Stone fireplace. This is an exceptional acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Value-Buy Investors looking for a stable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 710 Woodcrest Lane Subject | $1,398,000* List Price | 3 | 2 | 1,646 | $883 | - |
A 5 Wyndemere Vale Sold | $1,600,000 | 3 | 2 | 1,982 | $807 | 0.9 mi |
B 564 Mar Vista Drive Active | $1,375,000 List Price | 3 | 2 | 1,700 | $809 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1963 home has undergone a comprehensive recent renovation (likely <5 years) featuring a remodeled kitchen with new appliances, fully refreshed bathrooms, and new oak flooring. Critical systems have been addressed with updated electrical wiring and a new 50-year roof, meeting the criteria for mint condition and no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9350, living area = 1646.
The home is move-in ready with extensive high-quality updates, including a 50-year warranted roof, updated electrical wiring, a remodeled kitchen, and refreshed bathrooms.
Situated on a quiet cul-de-sac in the desirable Peters Gate neighborhood, the property offers a peaceful setting just minutes from Old Town Monterey and Carmel-by-the-Sea.
The bay views are described as 'filtered,' which may indicate that the sightlines are partially blocked by trees or surrounding properties.
Originally built in 1963, the 1,646 square foot single-level layout may offer more modest room sizes and storage options than modern luxury constructions.
Turn key single-level home on a peaceful cul-de-sac in Montereys desirable Peters Gate neighborhood. This beautifully updated 3 bedroom, 2 bath residence is move in ready and full of character: new Gunstock Oak wood floors, classic Berkeley doors, and double paned windows throughout. The living room boasts a light filled open floor plan with vaulted ceilings, skylights and a stately Carmel Stone fireplace. The remodeled kitchen features newly installed appliances, and both bathrooms have been completely refreshed. Updated electrical wiring and a 50 year warranted roof provide added peace of mind. The dining area has floor to ceiling sliding glass doors that open onto a sunny lounging deck ready to enjoy sunsets and filtered bay views. There is an attached two car garage. Ideally located just minutes from historic Old Town Monterey, scenic walking trails, Carmel-by-the-Sea and a short drive to Big Sur.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,646 | 1,982 | 39% |
| Lot Size | 9,350 | 6,800 | 61% |
| Price | $1.40M | $1.19M | 56% |
| Price per sq ft | $849 | $674 | 80% |
| Built year | 1963 | 1962 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 173 | 2% |
Apr 20, 2026
$1,398,000
Initial Listing
May 2, 2017
$710,000
Public Record