Positioned above Monterey Bay in the desirable Mar Vista neighborhood, 1 Walter Colton Drive pairs expansive coastal views with a beautifully executed, extensive remodel completed in 2026. Thoughtfully reimagined with a fresh, sophisticated aesthetic, the home offers an open, light-filled interior designed to take full advantage of its spectacular setting. Vaulted ceilings, wide-plank wood flooring and a striking fireplace define the main living space, while oversized windows frame sweeping views of Monterey Bay. The adjoining kitchen features generous cabinetry, extensive counter space, and a large center island, creating an inviting setting for everyday living and entertaining. Two primary suites with walk-in closets, one on each level, offer exceptional flexibility. Modern amenities include air conditioning and owned solar, along with RV or boat parking with hookups and additional electrical hookups in the garage. With convenient access to the hospital, downtown Monterey, Carmel, Pebble Beach, and Highway 1, this extensively remodeled residence brings together panoramic views, elevated design, modern comfort, and an exceptionally central Peninsula location.
Pending
$2,495,000
1 Walter Colton Dr, Monterey, CA 93940
4beds
2,568sqft
Single Family Residence, Residential
Built in 1959
0.28 Acres Lot
$2,463,000 Zestimate®
$972/sqft
$-- HOA
What's special
- 41 days
- 269
- 3
Zillow last checked:
Listing updated:
Listed by:
Bailey Papazian 02094151 831-320-0719,
Compass 831-318-0150,
Michelle Hammons 01986620 831-915-0653,
Compass
Source: MLSListings Inc,MLS#: ML82058303
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Features: PrimarySuiteRetreat, WalkinCloset, PrimaryBedroomonGroundFloor, PrimaryBedroom2plus
Bathroom
- Features: DoubleSinks, PrimaryStallShowers, ShoweroverTub1, StallShower, UpdatedBaths, FullonGroundFloor, PrimaryOversizedTub, OversizedTub
Dining room
- Features: BreakfastBar, DiningAreainLivingRoom
Family room
- Features: NoFamilyRoom
Kitchen
- Features: _220VoltOutlet, Island
Heating
- Central Forced Air Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Built In Oven/Range, Refrigerator
- Laundry: Inside
Features
- Flooring: Hardwood, Tile
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,568
- Total interior livable area: 2,568 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Guest
- Attached garage spaces: 2
Features
- Stories: 1
- Has view: Yes
- View description: Bay, City Lights, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Size: 0.28 Acres
- Features: Sloped Up
Details
- Parcel number: 001791034000
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Other, Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public, Solar
Community & HOA
Location
- Region: Monterey
Financial & listing details
- Price per square foot: $972/sqft
- Tax assessed value: $1,173,000
- Date on market: 8/21/2026
- Listing agreement: ExclusiveRightToSell
Estimated market value
$2,463,000
$2.34M - $2.59M
$5,997/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Pending sale | $2,495,000$972/sqft |
Source:  MLSListings Inc #ML82058303 Report a problem | ||
| 8/30/2026 | Contingent | $2,495,000$972/sqft |
Source: MLSListings Inc #ML82058303 Report a problem | ||
| 8/21/2026 | Listed for sale | $2,495,000+322.9%$972/sqft |
Source: MLSListings Inc #ML82058303 Report a problem | ||
| 5/22/2025 | Sold | $590,000-48.7%$230/sqft |
Source: Public Record Report a problem | ||
| 8/26/2024 | Sold | $1,150,000$448/sqft |
Source: MLSListings Inc #ML81974039 Report a problem | ||
| 8/5/2024 | Pending sale | $1,150,000$448/sqft |
Source: MLSListings Inc #ML81974039 Report a problem | ||
| 7/22/2024 | Listed for sale | $1,150,000$448/sqft |
Source: MLSListings Inc #ML81974039 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,173,000 +2% |
| 2025 | $13,084 -18% | $1,150,000 -12.5% |
| 2024 | $15,948 +553.5% | $1,315,000 +800.3% |
| 2023 | $2,440 +41.2% | $146,064 +2% |
| 2022 | $1,728 +1.4% | $143,201 +2% |
| 2021 | $1,705 +3.6% | $140,394 +1% |
| 2020 | $1,646 -4.2% | $138,955 +2% |
| 2019 | $1,717 +3.7% | $136,232 +2% |
| 2018 | $1,656 +7.2% | $133,561 +2% |
| 2017 | $1,544 +1.7% | $130,943 +2% |
| 2016 | $1,518 +2.9% | $128,376 +1.5% |
| 2015 | $1,475 | $126,449 +2% |
| 2014 | $1,475 | $123,973 +2.5% |
| 2012 | -- | $120,994 +2% |
| 2011 | -- | $118,622 +0.8% |
| 2010 | -- | $117,736 -0.2% |
| 2009 | -- | $118,016 +2% |
| 2008 | -- | $115,703 +2% |
| 2007 | -- | $113,435 +2% |
| 2006 | -- | $111,211 +2% |
| 2005 | -- | $109,032 +2% |
| 2004 | -- | $106,895 +1.9% |
| 2003 | -- | $104,937 +2% |
| 2002 | -- | $102,880 +2% |
| 2001 | $1,026 | $100,864 +2% |
| 2000 | -- | $98,886 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Monterey Vista
Nearby schools
Schools provided by the listing agent
- District: MontereyPeninsulaUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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