814 Parcel Street, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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Monterey, California 93940
This Single Family Residence is a Strong Value Opportunity, listed at $1,125,000—positioned slightly above the $1,112,151 Fair Market Value. While the price reflects current market stability, the property offers significant lifestyle appeal with its 3-bedroom, 2-bath layout, coastal deck, and spacious backyard. With a Condition Rating of 3, the home is move-in ready while offering potential for cosmetic modernization. Located near top-rated schools like Pacific Grove High (9/10), this home is an ideal choice for Owner-Occupants or first-time buyers seeking a prime Monterey location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 814 Parcel Street Subject | $1,125,000* List Price | 3 | 2 | 1,477 | $753 | - |
A 777 Parcel Street Sold | $1,200,000 | 3 | 2 | 1,542 | $778 | 0.1 mi |
B 748 Alice Street Sold | $987,575 | 3 | 2 | 1,414 | $698 | 0.1 mi |
C 1694 Prescott Avenue Sold | $1,036,000 | 3 | 2 | 1,680 | $617 | 0.1 mi |
D 721 Oak Street Sold | $1,350,000 | 4 | 3 | 1,758 | $768 | 0.3 mi |
E 705 Grace Street Sold | $1,150,000 | 3 | 2 | 1,354 | $849 | 0.1 mi |
F 1201 Hoffman Avenue Sold | $1,020,000 | 3 | 2 | 1,250 | $816 | 0.3 mi |
G 926 Roosevelt Street Sold | $1,048,000 | 3 | 2 | 1,532 | $684 | 0.9 mi |
H 682 Taylor Sold | $860,000 | 4 | 2 | 1,304 | $660 | 0.2 mi |
I 668 Alice Street Active | $1,399,000 List Price | 4 | 3 | 1,500 | $933 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1959, the property has been well-maintained and underwent a significant renovation likely 10-20 years ago. The kitchen features stone countertops and an open layout, and the home includes updated laminate flooring and vinyl windows. It is functional and move-in ready, though the honey-oak cabinetry and white appliances are slightly dated.
High School: Pacific Grove High School (9/10).
The property is located within walking distance of top-rated institutions, including Pacific Grove High (9/10) and Pacific Grove Middle (8/10), offering significant value for families.
The thoughtful design features a main-level living area and a spacious lower-level family room with direct backyard access, providing excellent separation of space for entertaining or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1477, other record living area = 1167.
While the home is perched in the hills, it only offers a 'peek' of the bay rather than expansive panoramic views, which may be a drawback for buyers seeking a primary water-focused vista.
Built in 1959, the property may require updates to its original systems or cosmetic finishes to align with modern luxury standards and energy efficiency expectations.
Welcome to this bright and cheerful home perched in the hills above Monterey Bay. Inside you will find comfort, peek of the bay from the living room, an open kitchen, and three bedrooms all situated on the main-level. The home creates a light-filled setting that is thoughtfully designed throughout, including the lower level with its spacious family room and direct access to the backyard, complete with a patioperfect for entertaining, gardening, or relaxing outdoors. Just off the kitchen, a deck provides an ideal space for BBQs, outdoor dining, or enjoying the fresh coastal air. Minutes from many popular destinations, including Monterey Bay Aquarium, Cannery Row, local restaurants, shopping, and the scenic Monterey Bay Coastal Recreation Trail. Whether you're looking for everyday convenience or living in the heart of it all, this home offers it both.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,477 | 1,829.5 |
| Lot Size | 5,000 | 7,517.5 |
| Price | $1.12M | $1.29M |
| Price per sq ft | $762 | $686 |
| Built year | 1959 | 1962 |
| HOA | $0 | $495 |
| Days on market | 15 | 63 |
Jul 7, 2026
$1,125,000
Initial Listing
Sep 28, 2021
$975,000
Public Record
Mar 31, 2006
$747,500
Public Record
Nov 20, 2003
$529,000
Public Record
Apr 10, 2001
$400,000
Public Record