For sale

$1,649,000

541 & 539 W Franklin St, Monterey, CA 93940

3beds

1,707sqft

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Single Family Residence, Residential

Built in 1932

9,035 Square Feet Lot

$1,556,100 Zestimate^®

$966/sqft

$-- HOA

What's special

"Hansel & Gretel" Fairy tale homes with a ship builders influence in these charming homes just two blocks to downtown Monterey. Main house boasting 2 bedrooms/2 baths plus private backyard full of lemons and sunshine. Separate guest cottage with high ceilings and private back yard as well as front patio with lush landscaping. All the charm with thick plaster walls, vaulted ceilings, rolling roof. These darling homes located in the highly desirable Old Town Monterey Neighborhood.

53 days

1,114

38

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Bedroom

Features: GroundFloorBedroom

Bathroom

Features: StallShower2plus, FullonGroundFloor

Dining room

Features: DiningAreainLivingRoom

Family room

Features: NoFamilyRoom

Kitchen

Features: Countertop_Tile, ExhaustFan

Heating

Floor Furnace, Gas, Wall Furnace

Cooling

None

Appliances

Included: Exhaust Fan, Gas Oven/Range, Refrigerator
Laundry: In Garage, Inside

Features

High Ceilings, Vaulted Ceiling(s)
Flooring: Carpet, Vinyl Linoleum, Wood
Number of fireplaces: 1
Fireplace features: Living Room, Wood Burning

Interior area

Total structure area: 1,707
Total interior livable area: 1,707 sqft

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Property

Parking

Total spaces: 2
Parking features: Detached, Off Street
Garage spaces: 1

Features

Stories: 2
Patio & porch: Balcony/Patio
Exterior features: Back Yard, Fenced
Fencing: Back Yard

Lot

Size: 9,035 Square Feet
Features: Mostly Level

Details

Parcel number: 001531003000
Zoning: R 3-6
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Tudor
Property subtype: Single Family Residence, Residential

Materials

Foundation: Crawl Space
Roof: Composition

Condition

New construction: No
Year built: 1932

Utilities & green energy

Gas: IndividualGasMeters, PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public

Community & HOA

Location

Region: Monterey

Financial & listing details

Price per square foot: $966/sqft
Date on market: 5/28/2026
Listing agreement: ExclusiveRightToSell
Listing terms: CashorConventionalLoan

Estimated market value

$1,556,100

$1.48M - $1.63M

$3,643/mo

Price history

Date	Event	Price
5/29/2026	Listed for sale	$1,649,000$966/sqft
Source: MLSListings Inc #ML82048980 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: Old Town

Getting around

78 / 100

Very Walkable

43 / 100

Some Transit

55 / 100

Bikeable

Nearby schools

GreatSchools rating

6/10
Monte Vista
Grades: K-8Distance: 0.8 mi
8/10
Monterey High School
Grades: 9-12Distance: 0.4 mi

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.