814 Parcel Street, Monterey, California 93940, Monterey, 93940 - 3 bed, 2 bath
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814 Parcel Street
Monterey, California 93940
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,477Sq Ft
5,000Lot Size
Property Price
LIST PRICE$1,125,000
EST. MARKET VALUE
$1,127,499
SUMMARY
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $1,125,000—positioned well below the $1,127,499 Fair Market Value by 0.22%. Featuring a Condition Rating of 3, the home offers an open-concept kitchen and a versatile lower-level family room with direct backyard access. Located near Top-Rated Schools like Pacific Grove High (9/10), this property provides a coastal lifestyle with a peek of the bay. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, well-maintained home.
Estimated Market Value
$1,127,499
Based on Realkey algorithm analyzing recent comparable sales in Monterey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 814 Parcel Street Subject | $1,125,000* List Price | 3 | 2 | 1,477 | $763 | - |
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 640 Alice Street Sold | $1,100,000 | 3 | 2 | 1,294 | $850 | 0.2 mi |
D 1694 Prescott Avenue Sold | $1,036,000 | 3 | 2 | 1,680 | $617 | 0.1 mi |
E 721 Oak Street Sold | $1,350,000 | 4 | 3 | 1,758 | $768 | 0.3 mi |
F 1201 Hoffman Avenue Sold | $1,020,000 | 3 | 2 | 1,250 | $816 | 0.3 mi |
G 705 Grace Street Sold | $1,150,000 | 3 | 2 | 1,354 | $849 | 0.1 mi |
H 926 Roosevelt Street Sold | $1,048,000 | 3 | 2 | 1,532 | $684 | 0.9 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1959, the property is well-maintained and move-in ready. The kitchen has been updated to an open-concept layout with stone countertops and oak cabinetry, likely dating back 15-20 years. Interior finishes include updated laminate flooring, neutral paint, and vinyl windows. While the white appliances and cabinetry style are slightly dated, the overall condition is functional and clean without immediate maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Pacific Grove High School (9/10).
- Prime Coastal Lifestyle Location
The property is ideally situated minutes from world-class attractions including the Monterey Bay Aquarium, Cannery Row, and the Coastal Recreation Trail, offering unparalleled access to local dining and shopping.
- Versatile Multi-Level Layout
The floor plan features a functional main-level living area complemented by a spacious lower-level family room with direct backyard access, providing excellent separation of space for families or entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1477, other record living area = 1167.
- Obstructed Water Views
The property offers only a 'peek' of Monterey Bay rather than expansive views, which may be a limitation for buyers seeking a more dramatic coastal vista.
- Vintage Infrastructure
Built in 1959, the home may require updates to its original systems or cosmetic finishes to meet the modern standards expected at the million-dollar price point.
About 814 Parcel Street
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Monterey Unified Schools
Forest Grove Elementary School
Grades K-5 • 0.8 mi
6/10
Monte Vista
Grades K-5 • 1.5 mi
5/10
Pacific Grove Middle School
Grades 6-8 • 0.4 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,477 | 1,869.953 |
| Lot Size | 5,000 | 7,748.977 |
| Price | $1.12M | $1.35M |
| Price per sq ft | $762 | $729 |
| Built year | 1959 | 1962 |
| HOA | $0 | $431 |
| Days on market | 64 | 50 |
Pricing History
Listed for Sale
Jul 7, 2026
$1,125,000
Initial Listing
Sold
Sep 28, 2021
$975,000
Public Record
Sold
Mar 31, 2006
$747,500
Public Record
Sold
Nov 20, 2003
$529,000
Public Record
Sold
Apr 10, 2001
$400,000
Public Record