936 Wainwright Street, Monterey, California 93940, Monterey, 93940 - 3 bed, 3 bath
Loading property details...
Monterey, California 93940
This Elegant Coastal Residence is listed at $1,550,000, positioned accurately alongside its $1,524,750 Fair Market Value. Following a significant price correction from its original ask, the property now offers a stable valuation for a premium hillside location. Featuring a Condition Rating of 4, the home is well-maintained with high-quality oak hardwood floors and sweeping Monterey Bay views from two private decks. Located within walking distance of downtown and near Monterey High School, it balances functional multi-level design with a world-class backdrop. This is an ideal sanctuary for Lifestyle Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 936 Wainwright Street Subject | $1,550,000* List Price | 3 | 3 | 2,240 | $681 | - |
A 981 Harrison Street Sold | $1,462,500 | 3 | 3 | 1,867 | $783 | 0.2 mi |
B 113 Seeno Street Sold | $1,400,000 | 2 | 2 | 2,517 | $556 | 0.3 mi |
C 815 Taylor Street Sold | $1,249,000 | 4 | 3 | 2,135 | $585 | 0.9 mi |
D 705 Grace Street Sold | $1,150,000 | 3 | 2 | 1,354 | $849 | 0.7 mi |
E 415 Figueroa Street Sold | $1,162,500 | 3 | 1 | 1,414 | $822 | 0.8 mi |
F 1694 Prescott Avenue Pending | $1,099,000 List Price | 3 | 2 | 1,680 | $654 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, the home is well-maintained and move-in ready but shows significant signs of being outdated. The kitchen and bathrooms feature original oak cabinetry, older countertops, and vintage wallpaper borders. While the oak hardwood floors are a high-quality feature, the overall aesthetic, including the linoleum flooring and older light fixtures, requires modernization to meet current market standards.
The residence offers expansive views of the Monterey Bay, city lights, and the coastline from multiple rooms and two separate decks, significantly enhancing its aesthetic appeal.
Ideally situated within walking distance of downtown Monterey, this property provides rare and convenient access to the city's premier dining, shopping, and cultural attractions.
The home features timeless oak hardwood floors throughout and a thoughtfully designed multi-level layout that includes a spacious primary suite and a dedicated family room.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With 87 days on the market and a price reduction from $1.875M to $1.55M, the property has struggled with initial overvaluation and extended market exposure.
While the airport runway views are a unique feature, the close proximity to Monterey Airport likely introduces intermittent aircraft noise that may detract from the home's tranquility.
Elegant 3 bedroom, 2.5 bath residence offering over 2,200 square feet of thoughtfully designed living space, exclusive of the basement and two-car garage. The upper level features a light-filled kitchen, dining area, and living room, along with a spacious primary suite with full bath. Sweeping ocean and Monterey Airport runway views can be enjoyed from the kitchen, dining room, living room, and adjoining deck creating an exceptional setting for both daily living and entertaining. A convenient laundry and pantry area, along with a half bath, complete the top floor. The lower level includes two additional bedrooms, a full bath, a generous family room, and a second deck offering tranquil ocean views. Beautiful oak hardwood floors run throughout the home, including the stairwell and banister, adding warmth and timeless character. The charming front yard is enclosed by a classic Carmel stone wall, providing an inviting seating area, while the backyard features a small fenced in area with shed for added storage. Ideally located just a short walk from downtown Monterey, this exceptional home combines breathtaking views, functional design, and an unbeatable location rare opportunity to enjoy the very best of Monterey living.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,240 | 1,989 | 63% |
| Lot Size | 4,800 | 6,250 | 22% |
| Price | $1.55M | $1.19M | 63% |
| Price per sq ft | $692 | $674 | 58% |
| Built year | 1984 | 1962 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 173 | 15% |
Mar 25, 2026
$1,550,000
$1,795,000
-14% Price Drop
Initial Listing
Mar 15, 2026
$1,795,000
$1,825,000
-2% Price Drop
Initial Listing
Mar 9, 2026
$1,825,000
Initial Listing
Feb 7, 2026
$1,875,000
Initial Listing
Mar 18, 1997
$350,000
Public Record