835 Pine Street, Monterey, California 93940, Monterey, 93940 - 4 bed, 3 bath
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835 Pine Street
Monterey, California 93940
ACTIVE
CONDITION: POOR
4Beds
3Baths
1,647Sq Ft
5,850Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,032,828
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,050,000—positioned slightly above the $1,032,829 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 5, the 5,850 sqft lot and filtered bay views provide a solid foundation for value-add renovations. Located near top-rated schools like Pacific Grove High (9/10), this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to execute a comprehensive remodel in a prime coastal location.
Estimated Market Value
$1,032,828
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 |
|---|---|---|---|---|---|---|
★ 835 Pine Street Subject | $1,050,000* List Price | 4 | 3 | 1,647 | $627 | - |
A 336 High Street Sold | $880,000 | 3 | 2 | 1,526 | $577 | 0.8 mi |
B 1694 Prescott Avenue Sold | $1,036,000 | 3 | 2 | 1,680 | $617 | 0.4 mi |
C 662 Oak Street Sold | $885,000 | 3 | 1 | 1,125 | $787 | 0.2 mi |
D 748 Alice Street Sold | $987,575 | 3 | 2 | 1,414 | $698 | 0.5 mi |
E 1201 Hoffman Avenue Sold | $1,020,000 | 3 | 2 | 1,250 | $816 | 0.3 mi |
F 901 Filmore Street Sold | $1,160,000 | 3 | 3 | 1,979 | $586 | 0.2 mi |
G 947 W Franklin Street Sold | $1,200,000 | 6 | 5 | 2,063 | $582 | 0.9 mi |
H 1021 Johnson Street Active Under Contract | $899,000 List Price | 4 | 2 | 1,624 | $554 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1956 and showing mostly original features, the property exceeds the 30-year threshold for the poor category. The kitchen and bathrooms are severely dated, and the listing description explicitly suggests the need for an extensive remodel or reimagining of the space.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Pacific Grove High School (9/10).
- Prime Coastal Location
Situated in the desirable New Monterey area, the property is just minutes from iconic attractions like Cannery Row and the Monterey Bay Aquarium, offering high walkability to dining and shopping.
- Significant Value-Add Potential
With a generous 5,850 sqft lot and a detached two-car garage, this 1956 home provides a solid foundation for a comprehensive remodel or expansion to maximize equity.
CONSRISKS & DEFICIENCIES
- Extensive Updating Needed
As a 'reimagine' project held for many years, the property likely requires significant capital expenditure to modernize the 1950s interior, systems, and floor plan.
- Obstructed View Quality
The bay views are characterized as 'filtered,' implying they may be partially blocked by trees or neighboring structures rather than offering a clear, panoramic vista.
About 835 Pine Street
This four-bedroom, two-bath New Monterey home offers a generous lot, filtered bay views, and room to reimagine. The existing floor plan and detached two-car garage provide a solid starting point for thoughtful updating or a more extensive remodel. Just minutes from Cannery Row, the Aquarium, shopping, restaurants, and coastal attractions, the setting is hard to beat. Long held and cared for over the years, this property is ready for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 5,850 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 • 1.1 mi
6/10
Monte Vista
Grades K-5 • 1.7 mi
5/10
Pacific Grove Middle School
Grades 6-8 • 0.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,647 | 1,869.953 |
| Lot Size | 5,850 | 7,748.977 |
| Price | $1.05M | $1.35M |
| Price per sq ft | $638 | $729 |
| Built year | 1956 | 1962 |
| HOA | $0 | $431 |
| Days on market | 8 | 50 |
Pricing History
Listed for Sale
Sep 1, 2026
$1,050,000
Initial Listing