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Under contract
  • $1,275,000

    307 Monroe St, Monterey, CA 93940

    2beds
    1,475sqft
    : 
    $8,622/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1947
    6,200 Square Feet Lot
    $1,190,600 Zestimate®
    $864/sqft
    $-- HOA

    What's special

    Welcome to 307 Monroe Street an exceptional Old Monterey home offering rare walkability, a larger than typical 1,475 sq ft footprint, and a beautifully maintained 2BD/2BA layout on a generous 6,199 sq ft lot. This property delivers the charm of a classic Monterey neighborhood with the space, function, and lifestyle buyers struggle to find in this price band. The home features a bright, open living area, updated systems, and a detached garage ideal for ADU potential, studio use, or secure storage. The oversized lot provides privacy, expansion flexibility, and outdoor enjoyment uncommon for the area. Located just moments from Alvarado Street dining, the Wharf, the Library, and neighborhood parks, this address offers one of Monterey's most coveted walkable lifestyles. Additional advantages include a 2.25% assumable VA loan, expanding the buyer pool and enhancing affordability for qualified purchasers. With clean presentation, strong systems, and a location known for long term desirability, 307 Monroe stands out as a rare opportunity in one of Monterey's most stable micro-markets. Don't miss the chance to secure a home that blends charm, space, and walkability perfectly positioned for todays Monterey buyer.
    21 days
    2,017
    100

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Chestnut 02157059 831-574-9470,

    Compass 831-318-0150

    Source: MLSListings Inc,MLS#: ML82061951MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Bathroom
      • Features: Tile, PrimaryOversizedTub
      Dining room
      • Features: DiningArea
      Family room
      • Features: SeparateFamilyRoom
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Disposal, Electric Oven, Refrigerator, Washer/Dryer
      Features
      • Flooring: Carpet, Hardwood, Tile
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,475
      • Total interior livable area: 1,475 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Off Street
      • Attached garage spaces: 1
      Features
      • Stories: 1
      Lot
      • Size: 6,200 Square Feet
      Details
      • Parcel number: 001375013000
      • Zoning: Multi Family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Foundation: Concrete Perimeter, Pillar/Post/Pier
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Gas: PublicUtilities
      • Sewer: Public Sewer
      • Utilities for property: Public Utilities

      Community & HOA

      Location
      • Region: Monterey

      Financial & listing details

      • Price per square foot: $864/sqft
      • Tax assessed value: $916,515
      • Date on market: 9/18/2026
      • Listing agreement: ExclusiveAgency
      • Listing terms: VALoan, AssumablebyQualifiedVet, CalVetLoan, CashorConventionalLoan

        Estimated market value

        $1,190,600

        $1.13M - $1.25M

        $4,117/mo

        Price history

        DateEventPrice
        10/6/2026Contingent$1,275,000$864/sqft
        Source: MLSListings Inc #ML82061951 Report a problem
        9/19/2026Listed for sale$1,275,000+58.3%$864/sqft
        Source: MLSListings Inc #ML82061951 Report a problem
        9/24/2018Sold$805,500+0.9%$546/sqft
        Source: MLSListings Inc #ML81715640 Report a problem
        7/26/2018Pending sale$798,000$541/sqft
        Source: CENTURY 21 Showcase, REALTORS #ML81715640 Report a problem
        7/20/2018Listed for sale$798,000-2.7%$541/sqft
        Source: CENTURY 21 Showcase, REALTORS #ML81715640 Report a problem
        4/13/2007Sold$820,000$556/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $916,515 +2%
        2025$8,453 +7.9%$898,545 +2%
        2024$7,835 +1.7%$880,928 +2%
        2023$7,700 -17.3%$863,656 +2%
        2022$9,311 +1.5%$846,723 +2%
        2021$9,176 +3.9%$830,121 +1%
        2020$8,829 -4.7%$821,610 +2%
        2019$9,267 +4.8%$805,500 +1.7%
        2018$8,843 +23.3%$792,000 +16.5%
        2017$7,175 +3%$680,000 +3.2%
        2016$6,965 +20.7%$659,000 +1.1%
        2015$5,770 $652,000 +19.9%
        2014$5,770 $544,000 -2.9%
        2012-- $560,000 -6.7%
        2011-- $600,000 -5.6%
        2010-- $635,664
        2009-- $635,664 -14.1%
        2008-- $740,000 +754.4%
        2007-- $86,614 +2%
        2006-- $84,917 +2%
        2005-- $83,253 +2%
        2004-- $81,622 +12.5%
        2003-- $72,565 +2%
        2002-- $71,143 +2%
        2001$645 $69,749 +2%
        2000-- $68,381
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Old Town

        Getting around

        76 / 100
        Very Walkable
        43 / 100
        Some Transit
        63 / 100
        Bikeable

        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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