Skip main navigation
Off market
Street View
  • $2,121,400

    538 Watson St, Monterey, CA 93940

    --beds
    0baths
    2,781sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $2,121,400 Zestimate®
    $763/sqft
    $3,738 Estimated rent

    Home value

    $2,121,400

    $1.95M - $2.31M

    $3,738/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,738/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,738/mo

    Rent Zestimate®

    Refinance and save

    $13,237/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $13,237/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Two Homes on ONE LOT! This home is located in one of the most coveted locations in Monterey! This property has a large 10,100 sf lot which offers an approx. 2,458 sq ft home boasting 6 bedrooms and 3 bathrooms as well as a separate detached studio which is approx. 323 sq. ft + an adjoining garage! Main house has ocean views from the spacious living room and loads of natural light with 3 bedrooms on the bottom and 3 bedrooms on the top floor make it ideal for extended family living, rental, etc. This home is ready for you to put your finishing touches to work. The large lot, long driveway, large yard spaces and location are a rare offering!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • None
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,781 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Lot
    • Size: 10,101 sqft
    Details
    • Parcel number: 001403005000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • wood frame
    • Roof: Composition
    Condition
    • Year built: 1915

    Utilities & green energy

    • Utilities for property: Public Utilities

    Community & neighborhood

    Location
    • Region: Monterey

    Other

    Other facts
    • Lot Size Area Maximum Units: Square Feet
    • Lot Size Area Minimum Units: Square Feet
    • Sewer Septic: Sewer Connected
    • Structure SqFt Source: Assessor
    • Subclass: Duplex
    • Listing Type: Exclusive Right to Sell
    • Water: Public
    • View: Ocean, Bay
    • Garage Parking Features: No Garage, On Street
    • Utilities: Public Utilities
    • Additional Listing Info: Not Applicable
    • Listing Class: Residential Income (2-4 units)
    • Meters: Master Water, Master Electric, Master Gas
    • Foundation: Post and Pier
    • Unit 1 Number of Bedrooms: 6
    • Unit 2 Approx Square Footage: 323
    • Unit Type 1 Approx SqFt: 2781

    Price history

    DateEventPrice
    4/5/2023Sold$2,005,000+5.8%$721/sqft
    Source: Public Record Report a problem
    3/6/2023Listed for sale$1,895,000+80.5%$681/sqft
    Source: MLSListings Inc #ML81920550 Report a problem
    9/10/2018Sold$1,050,000-4.5%$378/sqft
    Source: MLSListings Inc #ML81715986 Report a problem
    8/14/2018Pending sale$1,099,900$396/sqft
    Source: Coldwell Banker Residential Brokerage - Aptos #81715986 Report a problem
    7/24/2018Listed for sale$1,099,900+40.7%$396/sqft
    Source: Coldwell Banker Residential Brokerage #ML81715986 Report a problem
    3/16/2018Sold$782,000-34.6%$281/sqft
    Source: Public Record Report a problem
    2/21/2018Price change$1,195,000-8%$430/sqft
    Source: Intero Real Estate Services #ML81692192 Report a problem
    2/12/2018Listed for sale$1,299,000+30.3%$467/sqft
    Source: Intero Real Estate Services #ML81692192 Report a problem
    7/3/2009Listing removed$997,000$359/sqft
    Source: NRT California #80832931 Report a problem
    3/22/2009Price change$997,000-5%$359/sqft
    Source: NRT California #80832931 Report a problem
    2/22/2009Price change$1,049,000-15.9%$377/sqft
    Source: NRT California #80832931 Report a problem
    9/11/2008Listed for sale$1,247,000$448/sqft
    Source: NRT California #80832931 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,931 +8.1%$2,086,002 +2%
    2024$22,128 +69.3%$2,045,100 +70.4%
    2023$13,071 +1.4%$1,200,270 +2%
    2022$12,891 +8.1%$1,176,736 +8.7%
    2021$11,922 +3.9%$1,082,095 +1%
    2020$11,470 -4.7%$1,071,000 +2%
    2019$12,041 +916.5%$1,050,000 +903.9%
    2018$1,185 +7.6%$104,592 +2%
    2017$1,101 +1.9%$102,542 +2%
    2016$1,081 +3.2%$100,533 +1.5%
    2015$1,047 $99,023 +2%
    2014$1,047 $97,084 +2.5%
    2012-- $94,752 +2%
    2011-- $92,895 +0.5%
    2009-- $92,422 +2%
    2008-- $90,611 +2%
    2007-- $88,835 +2%
    2006-- $87,094 +2%
    2005-- $85,387 +2%
    2004-- $83,714 +1.9%
    2003-- $82,181 +2%
    2002-- $80,570 +2%
    2001$752 $78,992 +2%
    2000-- $77,443

    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Monterey Peninsula Unified

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

    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
    $2,121,400
    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
    $2,121,400