
Monterey, California 93940
This Turnkey Condominium represents a Strong Value Opportunity, listed at $589,000—positioned well below the $588,324 Fair Market Value (effectively at market stability). Featuring a Condition Rating of 3, this Edgewood model offers a spacious open-concept layout, new laminate flooring, and a private patio. The community provides rare abundant guest parking, a sparkling pool, and a clubhouse. This move-in-ready home balances low-maintenance living with lifestyle convenience, making it an ideal acquisition for first-time buyers or owner-occupants seeking a polished, stress-free residence in Monterey.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 820 Casanova Avenue 61 Subject | $559,950* List Price | 2 | 1 | 884 | $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 69 Active Under Contract | $525,000 List Price | 2 | 1 | 860 | $610 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1985, the property features recent move-in-ready updates including new laminate flooring, fresh paint, and an updated bathroom with a modern vanity and tile surround. It is well-maintained and functional.
As the sought-after Edgewood model, this ground-floor, single-level unit features an open-concept living area and a layout that feels significantly more spacious than its 884 square feet.
The home is move-in ready with recent upgrades including new laminate flooring, fresh paint, and the convenience of an in-unit full-size washer and dryer.
Located in a secure, gated community, the property offers rare abundant guest parking—a major advantage in Monterey—alongside well-maintained facilities like a pool and clubhouse.
With two bedrooms but only one bathroom, the property may be less appealing to families or those seeking a more flexible roommate configuration.
The $490 monthly association fee adds a notable recurring expense to the ownership cost, which may impact the budget for some entry-level buyers.
2 Bed / 1 Bath Ground Floor Single Level A seldom-available Edgewood model, the most sought-after floor plan in the association. This bright, ground-floor, single-level home lives larger than its size, with a spacious open living and dining area that no other plan in the complex can match. Start your mornings in beautiful natural light the home is bathed in great morning sun and lined with windows throughout. Step out to an expansive private patio, perfect for relaxing, entertaining, or container gardening. Inside, youll find fresh, move-in-ready updates: new laminate flooring, new paint, a classic tile bathtub surround, and a full-size washer and dryer included. A separate utility room with its own outside entrance adds rare flexibility and storage. The community is impeccably maintained, offering a sparkling pool, a clubhouse, and immaculate grounds. The complex is fully fenced with three vehicle gates and a true rarity for this part of Monterey abundant guest parking, a standout perk in a neighborhood where street parking is hard to come by. Comfortable, light-filled, and low-maintenance, this is a special opportunity to own one of the associations most desirable floor plans.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 884 | 630 |
| Lot Size | - | 1,076 |
| Price | $560.0K | $591.8K |
| Price per sq ft | $633 | $698 |
| Built year | 1985 | 1970 |
| HOA | $490.0 | $737 |
| Days on market | 44 | 79 |
Jul 3, 2026
$559,950
$589,000
-5% Price Drop
Initial Listing
Jun 8, 2026
$589,000
Initial Listing
Jul 6, 2012
$160,000
Public Record
Jul 11, 2007
$453,000
Public Record