Sitting high on the hill and watching over Old Town Monterey for more than a century, this classic 1916 Craftsman home on an oversized lot is awaiting its new owner. Walking in the front door to the main level you are greeted by a huge living room that has hosted many get togethers. Also on the main level you will find a formal dining room, spacious kitchen with eating area, family room, a bedroom and a full bath. Upstairs there are three more bedrooms, a full bathroom, walk-in closet and laundry area. Owned by the same family for over 50 years, this residence offers over 3,000 square feet of living space and a 600 square foot unfinished basement. A three car detached garage sits at the back of the large 1/4 acre+ lot and there is plenty of additional parking space on the paver driveway. The house is also equipped with a leased solar system to keep energy costs down. Enjoy fantastic views of the Monterey Bay and city lights from the second floor as well as views from the main level and sunny deck. Some tree trimming will add to the already wonderful views. Located within walking distance to downtown Monterey, this spectacular property offers a unique opportunity for new owners to add their personal touches and enjoy life in this grand property on the hill.
Sold for $1,750,000
Street View
$1,750,000
1003 W Franklin St, Monterey, CA 93940
4beds
3,027sqft
Single Family Residence, Residential
Built in 1916
0.29 Acres Lot
$2,419,700 Zestimate®
$578/sqft
$6,030 Estimated rent
Home value
$2,419,700
$2.13M - $2.81M
$6,030/mo
Zestimate® history
Owner options
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$6,030/mo
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$6,030/mo
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$11,058/mo
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Zillow last checked:
Listing updated:
Listed by:
Jim Lowell 00883474 831-902-0777,
The Agency 831-652-9032
Bought with:
Mike Meza, 02007491
Sotheby’s International Realty
Source: MLSListings Inc,MLS#: ML81952817
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Features: GroundFloorBedroom
Bathroom
- Features: ShoweroverTub1, Tub, FullonGroundFloor
Dining room
- Features: FormalDiningRoom
Family room
- Features: SeparateFamilyRoom
Kitchen
- Features: Countertop_Tile, Pantry
Heating
- Central Forced Air Gas
Cooling
- None
Appliances
- Included: Gas Cooktop, Dishwasher, Disposal, Double Oven, Refrigerator, Dryer, Washer
- Laundry: Upper Floor
Features
- High Ceilings, Wet Bar
- Flooring: Hardwood, Laminate
- Basement: Unfinished
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,027
- Total interior livable area: 3,027 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, Off Street, On Street
- Garage spaces: 3
Features
- Stories: 2
- Has view: Yes
- View description: Bay, Mountain(s)
- Has water view: Yes
- Water view: Bay
Lot
- Size: 0.29 Acres
Details
- Parcel number: 001341004000
- Zoning: R-1-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public, Solar
Community & neighborhood
Location
- Region: Monterey
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2024 | Sold | $1,750,000-2.5%$578/sqft |
Source:  MLSListings Inc #ML81952817 Report a problem | ||
| 2/6/2024 | Contingent | $1,795,000$593/sqft |
Source: MLSListings Inc #ML81952817 Report a problem | ||
| 1/30/2024 | Listed for sale | $1,795,000$593/sqft |
Source: MLSListings Inc #ML81952817 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,481 +425.4% | $1,785,000 +419.9% |
| 2024 | $3,898 +2.9% | $343,330 +2% |
| 2023 | $3,787 +131.2% | $336,599 +133.8% |
| 2022 | $1,638 +1.5% | $143,985 +2% |
| 2021 | $1,614 +3.7% | $141,163 +1% |
| 2020 | $1,557 -4.1% | $139,717 +2% |
| 2019 | $1,623 +3.8% | $136,979 +2% |
| 2018 | $1,563 +7.4% | $134,294 +2% |
| 2017 | $1,455 +1.8% | $131,662 +2% |
| 2016 | $1,429 +1.4% | $129,082 +1.5% |
| 2015 | $1,409 +1.7% | $127,144 +2% |
| 2014 | $1,386 | $124,654 +2.5% |
| 2012 | -- | $121,660 +2% |
| 2011 | -- | $119,275 +0.8% |
| 2010 | -- | $118,384 -0.2% |
| 2009 | -- | $118,667 +2% |
| 2008 | -- | $116,342 +2% |
| 2007 | -- | $114,061 +2% |
| 2006 | -- | $111,826 +2% |
| 2005 | -- | $109,634 +2% |
| 2004 | -- | $107,485 +1.9% |
| 2003 | -- | $105,516 +2% |
| 2002 | -- | $103,448 +2% |
| 2001 | $961 | $101,420 +2% |
| 2000 | -- | $99,431 |
Find assessor info on the county website
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 6/10Monte VistaGrades: K-8Distance: 0.8 mi
- 8/10Monterey High SchoolGrades: 9-12Distance: 0.5 mi
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
$2,419,700
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
$2,419,700
- California
- Monterey County
- Monterey
- 93940
- Old Town
- 1003 W Franklin St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Monterey Topics
