748 Alice Street, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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Monterey, California 93940
This Coastal Single-Level Residence is listed at $995,000, representing a stable entry point into the Monterey market near its $941,554 Fair Market Value. Maintaining a Fair Condition Rating, the 1957-built home features a functional layout with a classic brick fireplace and a private outdoor patio. The property’s value is anchored by its proximity to Cannery Row and access to top-tier education, including Pacific Grove High School (9/10) and Pacific Grove Middle School (8/10). This home is a premier fit for Owner-Occupants or lifestyle seekers looking to secure a well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 748 Alice Street Subject | $995,000* List Price | 3 | 2 | 1,414 | $666 | - |
A 650 Grace Street Sold | $1,075,000 | 3 | 2 | 1,465 | $734 | 0.2 mi |
B 926 Roosevelt Street Sold | $1,048,000 | 3 | 2 | 1,532 | $684 | 0.8 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 | 0.1 mi |
E 1201 Hoffman Avenue Active | $1,120,000 List Price | 3 | 2 | 1,250 | $896 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1957 home that shows significant signs of being outdated. While move-in ready, the kitchen features older oak cabinetry, dated white tile countertops with wide grout lines, and basic white appliances. The bathrooms and living areas, while functional, retain older fixtures, louvered closet doors, and brass-finished ceiling fans. The property has not undergone a comprehensive modern renovation, placing it firmly in the fair category due to its vintage infrastructure and aged interior styling.
High School: Pacific Grove High School (9/10).
The property is ideally situated minutes from Cannery Row and the Monterey Bay coastline, offering residents easy access to world-class dining, shopping, and scenic recreational activities.
Located near highly-regarded institutions like Pacific Grove High School (Rating 9) and Pacific Grove Middle School (Rating 8), this home is positioned in a top-tier educational area.
Built in 1957, the home may require significant updates to its original systems, insulation, or cosmetic finishes to align with modern energy efficiency and design standards.
With 76 days on the market and a previous price reduction, the property has faced some initial resistance, which may suggest a need for further modernization or competitive pricing.
Adorable and delightful single-level home, perfectly pairs comfort with convenience. With a low maintenance front yard adding to its curb appeal, you will find that its charm continues inside. Discover a bright, inviting living room with a classic brick fireplace for those cozy winter evenings, follow towards the kitchen boasting a lovely eating area, creating a natural hub for casual meals or morning coffee/tea. With 3 spacious bedrooms and 2 full bathrooms, there's plenty of room and spaces for everything. Outside, the backyard offers a great space for gardening enthusiasts or a space to enjoying the coastal air. Nestled in Monterey Peninsula Unified School District, minutes from Cannery Row, world-class shopping, dining, and the stunning Monterey Bay coastline. Whether you're exploring local attractions or savoring the relaxed, coastal lifestyle, this home is your perfect base to make it your own.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 0.5 mi
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 | 1,414 | 1,982 | 27% |
| Lot Size | 5,000 | 6,250 | 25% |
| Price | $995.0K | $1.19M | 24% |
| Price per sq ft | $704 | $674 | 61% |
| Built year | 1957 | 1960 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 173 | 15% |
Mar 15, 2026
$995,000
$1,049,000
-5% Price Drop
Initial Listing
Feb 12, 2026
$1,049,000
Initial Listing