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Sold for $2,500,000
  • $2,500,000

    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®
    $974/sqft
    $5,913 Estimated rent

    Home value

    $2,463,000

    $2.34M - $2.59M

    $5,913/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bailey Papazian 02094151 831-320-0719,

    Compass 831-318-0150,

    Michelle Hammons 01986620 831-915-0653,

    Compass

    Bought with:

    Robin Anderson, 01518311

    Sotheby’s International Realty

    Source: MLSListings Inc,MLS#: ML82058303MLS Logo

    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

    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: $974/sqft
    • Tax assessed value: $1,173,000
    • Date on market: 8/21/2026
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    10/5/2026Sold$2,500,000+0.2%$974/sqft
    Source: MLSListings Inc #ML82058303 Report a problem
    9/15/2026Pending sale$2,495,000$972/sqft
    Source: MLSListings Inc #ML82058303 Report a problem
    8/30/2026Contingent$2,495,000$972/sqft
    Source: MLSListings Inc #ML82058303 Report a problem
    8/21/2026Listed for sale$2,495,000+322.9%$972/sqft
    Source: MLSListings Inc #ML82058303 Report a problem
    5/22/2025Sold$590,000-48.7%$230/sqft
    Source: Public Record Report a problem
    8/26/2024Sold$1,150,000$448/sqft
    Source: MLSListings Inc #ML81974039 Report a problem
    8/5/2024Pending sale$1,150,000$448/sqft
    Source: MLSListings Inc #ML81974039 Report a problem
    7/22/2024Listed for sale$1,150,000$448/sqft
    Source: MLSListings Inc #ML81974039 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: Monterey Vista

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $2,463,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,463,000