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Pending
  • $795,000

    318 Clay St, Monterey, CA 93940

    2beds
    994sqft
    : 
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    Single Family Residence
    Built in 1938
    4,800 Square Feet Lot
    $801,100 Zestimate®
    $800/sqft
    $-- HOA

    What's special

    New roofModern conveniencesWell-appointed hall bathroomDetached one-car garageFresh paintNew flooringRare cedar-lined closets
    Welcome to this charming 2-bedroom, 1-bath bungalow, making its debut on the market for the first time in over 50 years. Perfectly situated on Spaghetti Hill in the heart of Old Town Monterey, this lovingly maintained home captures the timeless charm of coastal living while offering tasteful updates that make it move-in ready. Fresh paint, a new roof, new flooring, and new appliances provide peace of mind while preserving the warmth and character that make this home so special. Natural light fills the inviting living room, creating a warm and welcoming first impression for relaxing or gathering with friends and family. The spacious dining room seamlessly connects to the refreshed kitchen, where modern conveniences complement the home's original charm. Just beyond, a dedicated laundry room with built-in storage offers everyday functionality and direct access to the backyard. Down the hall, you'll find two comfortable bedrooms, each with rare cedar-lined closets to help preserve clothing and treasured keepsakes, along with a well-appointed hall bathroom. Outside, a long driveway leads to a detached one-car garage, while the generous backyard offers both lawn and patio areas providing plenty of room for entertaining, gardening, or future expansion opportunities. Enjoy the best of Monterey's renowned coastal lifestyle with an unbeatable location just minutes from vibrant downtown restaurants and boutiques, Fisherman's Wharf, Cannery Row, Del Monte Shopping Center, Trader Joe's, Whole Foods Market, Larkin Park, and weekly Farmers' Markets. Whether you're exploring the scenic Recreation Trail, watching the sunset along Monterey Bay, or spending the day on one of the area's beautiful beaches, every day feels like a vacation. With convenient access to Highway 1 and Del Monte Avenue, this is coastal California living at its finest.
    22 days
    |
    3,199
    |
    261
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Fred Meng DRE #01481286 415-828-1205,

    DREIM 415-702-9184

    Source: SFAR,MLS#: 426140375MLS LogoOriginating MLS: San Francisco Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Dining Room, Kitchen, Laundry, Living Room
      Primary bedroom
      • Area: 0
      • Dimensions: 0 x 0
      Bedroom 1
      • Area: 0
      • Dimensions: 0 x 0
      Bedroom 2
      • Area: 0
      • Dimensions: 0 x 0
      Bedroom 3
      • Area: 0
      • Dimensions: 0 x 0
      Bedroom 4
      • Area: 0
      • Dimensions: 0 x 0
      Dining room
      • Area: 0
      • Dimensions: 0 x 0
      Family room
      • Area: 0
      • Dimensions: 0 x 0
      Kitchen
      • Features: Tile Counters
      • Area: 0
      • Dimensions: 0 x 0
      Living room
      • Area: 0
      • Dimensions: 0 x 0
      Heating
      • Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Free-Standing Gas Oven, Free-Standing Gas Range, Range Hood
      • Laundry: Gas Dryer Hookup, Hookups Only, Inside Room
      Features
      • Flooring: Luxury Vinyl Plank
      • Has fireplace: No
      Interior area
      • Total structure area: 994
      • Total interior livable area: 994 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Gentle Up, Driveway, Detached, Enclosed, Uncovered Parking Spaces 2+, Independent, On Site (Single Family Only)
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Lot
      • Size: 4,800 Square Feet
      Details
      • Parcel number: 001352014000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • Year built: 1938

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Monterey
      • Elevation: 0

      Financial & listing details

      • Price per square foot: $800/sqft
      • Tax assessed value: $969,000
      • Annual tax amount: $11,237
      • Price range: $795K - $795K
      • Date on market: 6/19/2026
      • Cumulative days on market: 22 days
      • Total actual rent: 0

        Estimated market value

        $801,100

        $761,000 - $841,000

        $3,710/mo

        Price history

        DateEventPrice
        7/1/2026Pending sale$795,000$800/sqft
        Source: SFAR #426140375 Report a problem
        6/19/2026Listed for sale$795,000+84.9%$800/sqft
        Source: SFAR #426140375 Report a problem
        3/2/2021Listing removed--
        Source: Owner Report a problem
        6/17/2019Listing removed$2,500$3/sqft
        Source: Owner Report a problem
        6/12/2019Listed for rent$2,500$3/sqft
        Source: Owner Report a problem
        2/17/2011Listing removed$429,999$433/sqft
        Source: Stuart Shankle #81039833 Report a problem
        11/26/2010Price change$429,999-4.4%$433/sqft
        Source: Stuart Shankle #81039833 Report a problem
        10/22/2010Price change$449,999-4.1%$453/sqft
        Source: Stuart Shankle #81039833 Report a problem
        8/13/2010Listed for sale$469,000$472/sqft
        Source: Stuart Shankle #81039833 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,237 +871.8%$969,000 +1012.6%
        2024$1,156 +13.9%$87,090 +2%
        2023$1,015 +1.4%$85,383 +2%
        2022$1,002 +1.4%$83,709 +2%
        2021$988 +3.7%$82,068 +1%
        2020$953 -4.1%$81,227 +2%
        2019$993 +3.7%$79,635 +2%
        2018$958 +7.4%$78,074 +2%
        2017$892 +1.7%$76,544 +2%
        2016$877 +3%$75,044 +1.5%
        2015$852 $73,917 +2%
        2014$852 $72,470 +2.5%
        2012-- $70,729 +2%
        2011-- $69,343 +0.8%
        2010-- $68,826 -0.2%
        2009-- $68,991 +2%
        2008-- $67,639 +2%
        2007-- $66,313 +2%
        2006-- $65,013 +2%
        2005-- $63,739 +2%
        2004-- $62,491 +1.9%
        2003-- $61,347 +2%
        2002-- $60,145 +2%
        2001$537 $58,966 +2%
        2000-- $57,810
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Old Town

        Getting around

        67 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Calaveras

        Source: SFAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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