721 Oak Street, Monterey, California 93940, Monterey, 93940 - 4 bed, 3 bath
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Monterey, California 93940
This Modern Coastal Sanctuary is listed at $1,575,000, representing a stable and fair valuation aligned with its $1,575,000 Fair Market Value. Boasting an Excellent Condition Rating following a comprehensive interior and exterior renovation, the home features quartz countertops, new LVP flooring, and far-reaching Pacific Ocean views from the top-level balcony. Residents benefit from immediate access to the elite Pacific Grove High School (9/10) and Pacific Grove Middle School (8/10). This turnkey residence is the perfect fit for lifestyle seekers or Owner-Occupants desiring a sophisticated, move-in-ready coastal experience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 721 Oak Street Subject | $1,575,000* List Price | 4 | 3 | 1,758 | $896 | - |
A 1145 Harrison Street Sold | $1,485,000 | 3 | 2 | 1,638 | $907 | 0.7 mi |
B 981 Harrison Street Sold | $1,462,500 | 3 | 3 | 1,867 | $783 | 0.8 mi |
C 705 Grace Street Sold | $1,150,000 | 3 | 2 | 1,354 | $849 | 0.2 mi |
D 1109 Mcclellan Avenue Sold | $1,150,000 | 3 | 2 | 1,178 | $976 | 0.2 mi |
E 668 Alice Street Active | $1,495,000 List Price | 4 | 3 | 1,500 | $997 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a full interior and exterior renovation within the last 5 years. It features brand new LVP flooring, a modern kitchen with quartz countertops and stainless steel appliances, and completely updated bathrooms with contemporary vanities and champagne bronze fixtures, placing it in mint condition.
High School: Pacific Grove High School (9/10).
The home has undergone a complete interior and exterior renovation featuring high-quality coastal finishes, quartz countertops, and new LVP flooring, offering a sophisticated, move-in-ready experience.
Situated on a hill above Cannery Row, the property boasts far-reaching views of the Pacific Ocean and Monterey Bay, particularly from the top-level balcony and bright living spaces.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With a recent sales history of $1.05M in 2025, the current list price reflects a substantial premium for the renovation, which may lead to buyer scrutiny regarding the rapid valuation increase.
The 5,000-square-foot lot is relatively modest for a four-bedroom residence in this price bracket, potentially limiting outdoor utility for buyers seeking expansive grounds or high levels of privacy.
Up the hill from Cannery Row and Lighthouse Avenue, in the area of Monterey known for its far-reaching views of the Pacific Ocean stretching beyond a vibrant, charming cityscape, this two-story home is the brilliant result of a full interior and exterior renovation. Revel in the modern coastal design as you walk across brand new LVP flooring through bright rooms that glimmer with lustrous, high-quality finishes. Store your favorite kitchen accessories in creme white cabinetry, and prepare meals on gorgeous quartz counters. A white tile backsplash honors the crisp, clean, beachy palette, offset tastefully by champagne bronze fixtures and stainless-steel appliances. Every choice, from Chantilly Lace walls and satin white trim, to modern vanities in the bathrooms and a coastal-inspired chandelier in the dining area, feels fully intentional. Those with an eye for true sophistication will appreciate the flexible layout that encourages just the right balance of privacy and togetherness. Whether you are entertaining friends or cohabitating, each person will feel at home in their own space. The top-level balcony is the perfect spot to enjoy ocean views, while the expansive fenced backyard, meticulously landscaped for low-maintenance living, invites you to create a dream outdoor ambiance.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,758 | 1,982 | 39% |
| Lot Size | 5,000 | 6,250 | 25% |
| Price | $1.57M | $1.19M | 63% |
| Price per sq ft | $896 | $674 | 86% |
| Built year | 1956 | 1960 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 173 | 19% |
Mar 20, 2026
$1,575,000
$1,595,000
-1% Price Drop
Initial Listing
Feb 2, 2026
$1,595,000
Initial Listing
Mar 11, 2025
$1,050,000
Public Record
Apr 18, 2023
$1,030,000
Public Record