820 Casanova Avenue 69, Monterey, California 93940, Monterey, 93940 - 2 bed, 1 bath
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Monterey, California 93940
This Strong Value Opportunity is a 2-bedroom condominium listed at $535,000, positioned well below the $559,745 Fair Market Value by 4%. This valuation gap provides $24,745 in Instant Equity. Featuring a Condition Rating of 3, the unit includes modern upgrades like stone countertops and stainless steel appliances. Residents enjoy a gated pool, fitness facility, and proximity to the Monterey Bay Coastal Trail. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 820 Casanova Avenue 69 Subject | $535,000* List Price | 2 | 1 | 860 | $651 | - |
A 820 Casanova Avenue 85 Sold | $585,000 | 2 | 1 | 860 | $680 | 0.0 mi |
B 820 Casanova Avenue 75 Sold | $485,000 | 1 | 1 | 637 | $761 | 0.0 mi |
C 820 Casanova Avenue 30 Active | $584,000 List Price | 2 | 1 | 860 | $679 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985 but shows evidence of mid-life renovations including updated laminate flooring, stone countertops, and stainless steel appliances. The interior is well-maintained and move-in ready, though some original elements like the wall heater and popcorn ceilings remain.
Situated in Monterey's desirable sunbelt within the Cypress Park community, the property offers excellent proximity to the Monterey Bay Coastal Trail, beaches, and local dining.
The gated complex features a robust amenity package including a pool, fitness facility, BBQ area, and guest parking, significantly enhancing the lifestyle value for residents.
The multi-level design with a loft provides distinct separation of space and a bright interior, offering more flexibility than a standard single-level condominium.
With two bedrooms but only one bathroom, the unit may face challenges in appealing to roommates or families who prioritize convenience and privacy.
The list price was recently adjusted upward from $449,000 to $535,000, which may impact its market competitiveness and buyer perception of value.
Well-located 2 bed/1 bath condominium at 820 Casanova Street, Unit 69, in Montereys desirable Cypress Park community within the sought-after sunbelt. This multi-level unit features stairs and a loft, offering flexible living space and separation, along with a bright, well-maintained interior. Enjoy community amenities including a gated pool, fitness facility, BBQ and pergola area, and guest parking. Conveniently located near shopping, dining, parks, and with access to nearby walking and biking trails connecting to the Monterey Bay Coastal Trail and beaches. Ideal for a primary residence or investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 860 | 860 | 50% |
| Lot Size | 613 | 627 | 48% |
| Price | $535.0K | $585.0K | 39% |
| Price per sq ft | $622 | $680 | 30% |
| Built year | 1985 | 1977 | 70% |
| HOA | $445.0 | $619 | 17% |
| Days on market | 55 | 153 | 9% |
May 14, 2026
$535,000
$449,000
+19% Price Increase
Initial Listing
Apr 21, 2026
$449,000
Initial Listing
Jul 23, 2019
$390,000
Public Record
Jul 11, 2007
$443,000
Public Record