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.
Under contract
$1,275,000
307 Monroe St, Monterey, CA 93940
2beds
1,475sqft
Single Family Residence, Residential
Built in 1947
6,200 Square Feet Lot
$1,190,600 Zestimate®
$864/sqft
$-- HOA
What's special
- 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#: ML82061951
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
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Contingent | $1,275,000$864/sqft |
Source: | ||
| 9/19/2026 | Listed for sale | $1,275,000+58.3%$864/sqft |
Source: | ||
| 9/24/2018 | Sold | $805,500+0.9%$546/sqft |
Source: | ||
| 7/26/2018 | Pending sale | $798,000$541/sqft |
Source: CENTURY 21 Showcase, REALTORS #ML81715640 Report a problem | ||
| 7/20/2018 | Listed for sale | $798,000-2.7%$541/sqft |
Source: CENTURY 21 Showcase, REALTORS #ML81715640 Report a problem | ||
| 4/13/2007 | Sold | $820,000$556/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Old Town
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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