Tucked into Monterey's sun belt a short stroll from Del Monte Beach, this fully renovated Spanish bungalow lives far larger than its footprint. The bright, open main house pairs 1924 character with a remodeled kitchen featuring quartz counters, stainless appliances, and designer tile, plus a beautifully updated bath and two restful bedrooms. Outside is where it wins: a rare street-to-street lot with a private fenced yard, multiple patios for dining al fresco, and a versatile detached bonus space with rear access, ready for your office, gym, or creative pursuits. Walk or bike to the Rec Trail, the wharf, and downtown in minutes, then come home to sunshine while the fog settles elsewhere. Turnkey and proven as a high-performing rental, it shines as a full-time residence, coastal getaway, or income property. Homes offering this location, condition, and flexibility rarely surface at this price. Leave by the back gate and your toes are in the sand in about five minutes.
For sale
Price cut: $30K (8/27)
$895,000
37 Portola Ave, Monterey, CA 93940
2beds
748sqft
Single Family Residence, Residential
Built in 1924
3,200 Square Feet Lot
$873,300 Zestimate®
$1,197/sqft
$-- HOA
What's special
- 49 days
- 2,522
- 122
Zillow last checked:
Listing updated:
Listed by:
Mike Meza 02007491 831-578-4601,
Sotheby’s International Realty 831-624-1566
Source: MLSListings Inc,MLS#: ML82054164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Office
Bedroom
- Features: BedroomonGroundFloor2plus
Bathroom
- Features: DualFlushToilet, StallShower, Tile, UpdatedBaths
Dining room
- Features: BreakfastBar, EatinKitchen
Family room
- Features: KitchenFamilyRoomCombo
Kitchen
- Features: ExhaustFan
Heating
- Central Forced Air Gas, Forced Air
Cooling
- Other
Appliances
- Included: Gas Cooktop, Dishwasher, Exhaust Fan, Disposal, Range Hood, Refrigerator, Wine Refrigerator, Washer/Dryer
Features
- Flooring: Laminate, Tile
- Doors: None
Interior area
- Total structure area: 748
- Total interior livable area: 748 sqft
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Stories: 1
- Patio & porch: Balcony/Patio, Enclosed
- Exterior features: Back Yard, Fenced, Storage Shed Structure, Drought Tolerant Plants
- Fencing: Perimeter
- Has view: Yes
- View description: Other
Lot
- Size: 3,200 Square Feet
- Features: Level
Details
- Parcel number: 013025003000
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter, Crawl Space
- Roof: TarGravel, Polyurethane
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Monterey
Financial & listing details
- Price per square foot: $1,197/sqft
- Tax assessed value: $779,350
- Date on market: 7/14/2026
- Listing agreement: ExclusiveAgency
Estimated market value
$873,300
$830,000 - $917,000
$3,192/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $895,000-3.2%$1,197/sqft |
Source:  MLSListings Inc #ML82054164 Report a problem | ||
| 7/20/2026 | Price change | $925,000-2.5%$1,237/sqft |
Source: MLSListings Inc #ML82054164 Report a problem | ||
| 7/14/2026 | Listed for sale | $949,000+31.8%$1,269/sqft |
Source: MLSListings Inc #ML82054164 Report a problem | ||
| 1/18/2026 | Listing removed | $3,800$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/5/2026 | Listed for rent | $3,800$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/13/2021 | Sold | $720,000-1%$963/sqft |
Source:  MLSListings Inc #ML81847407 Report a problem | ||
| 6/20/2021 | Contingent | $727,000$972/sqft |
Source: MLSListings Inc #ML81847407 Report a problem | ||
| 6/9/2021 | Listed for sale | $727,000$972/sqft |
Source: MLSListings Inc #ML81847407 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $779,350 +2% |
| 2025 | $8,915 +8.2% | $764,069 +2% |
| 2024 | $8,241 +2.7% | $749,088 +2% |
| 2023 | $8,028 | $734,400 +2% |
| 2022 | -- | $720,000 +217.1% |
| 2021 | $2,572 +3.9% | $227,085 +1% |
| 2020 | $2,476 -4.5% | $224,757 +2% |
| 2019 | $2,594 +4% | $220,351 +2% |
| 2018 | $2,494 +7.8% | $216,032 +2% |
| 2017 | $2,313 +1.8% | $211,797 +2% |
| 2016 | $2,272 +3.1% | $207,645 +1.5% |
| 2015 | $2,203 | $204,527 +2% |
| 2014 | $2,203 | $200,522 +2.5% |
| 2012 | -- | $195,704 +2% |
| 2011 | -- | $191,868 +0.8% |
| 2010 | -- | $190,435 -0.2% |
| 2009 | -- | $190,888 +2% |
| 2008 | -- | $187,146 +2% |
| 2007 | -- | $183,478 +2% |
| 2006 | -- | $179,881 +2% |
| 2005 | -- | $176,355 +2% |
| 2004 | -- | $172,898 +1.9% |
| 2003 | -- | $169,730 +2% |
| 2002 | -- | $166,403 +2% |
| 2001 | $1,578 | $163,141 +2% |
| 2000 | -- | $159,942 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Villa Del Monte
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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