307 Monroe St, Monterey, CA 93940
FOR SALE
NEW
OPEN SAT, 1-4PM

$1,275,000

  • 2 Beds
  • 2 Baths
  • 1,475 sqft

307 Monroe St, Monterey, CA 93940

Old Town
Est. Mortgage $8,003/mo*
Get Pre-Qualified

Home Highlights

Single-Family Home
Built in 1947
$864/sqft
1 Car Garage

Local Information

  • Map ViewExplore the area around 307 Monroe St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to 307 Monroe Stan exceptional Old Monterey home offering rare walkability, a largerthantypical 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 Montereys 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 longterm desirability, 307 Monroe stands out as a rare opportunity in one of Montereys most stable micromarkets.

Dont miss the chance to secure a home that blends charm, space, and walkabilityperfectly positioned for todays Monterey buyer.
Last check for updates: about 3 hours ago
Listing courtesy of Robert Chestnut 02157059, (831) 574-9470
Compass, (831) 318-0150
Source: MLSListings Inc, MLS#ML82061951
Also Listed on MLSListings Inc.

Open House

Saturday, September 19
1:00 PM to 4:00 PM
Sunday, September 20
1:00 PM to 4:00 PM

Home Details for 307 Monroe St

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Bathroom, Dining Room, Family Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1475 Square Feet
Appliances & Utilities
Utilities: Public UtilitiesAppliances: Disposal, Electric Oven, Refrigerator, Washer/DryerDisposalRefrigerator
Heating & Cooling
Heating: Forced AirNo CoolingAir Conditioning: NoneHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Living Room
Gas & Electric
Gas: PublicUtilities
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Tile
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Hardwood, Tile

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Concrete Perimeter, Pillar/Post/Pier
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Attached,Off Street
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 001375013000

Price & Status

Price
List Price: $1,275,000Price Per Sqft: $864

Active Status

MLS Status: Active

Location

Direction & Address
City: Monterey
School Information
Elementary School District: MontereyPeninsulaUnifiedHigh School District: MontereyPeninsulaUnifiedWalk Score: 76

Agent Information

Listing Agent
Listing ID: ML82061951

Building

Building Area
Building Area: 1475

Lot Information

Lot Area: 6200 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveAgencyListing Terms: VALoan, AssumablebyQualifiedVet, CalVetLoan, CashorConventionalLoan

Miscellaneous

Mls Number: ML82061951

Around this home

Neighborhood Overview

Old Town
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Old Town

At least 20 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 86 % Say car is needed

  • 86 % Say people would walk alone at night

  • 80 % Say there are sidewalks

  • 77 % Say it's walkable to restaurants

  • 71 % Say there's wildlife

  • 71 % Say it's walkable to grocery stores

  • 62 % Say there's holiday spirit

  • 57 % Say yards are well-kept

  • 55 % Say parking is easy

  • 51 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 48 % Say it's quiet

  • 45 % Say they plan to stay for at least 5 years

  • 33 % Say kids play outside

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Everything is within walking distance I actually can get by without a car although I have one. My commute time is 10 minutes or less"
    0
    Flag
  • Felicia M.
    "You see dogs walking with their owners all the time. And most owners are conscientious about picking up the poop left by their dogs. Monterey is a dog-friendly community. "
    2
    Flag
  • Felicia M.
    "I see many people walk their dogs in the neighborhood. I love dogs and put up a “Pick up your puppy’s poop, please”. Most owners pick up their dog’s poop which I’m grateful for. "
    0
    Flag
  • Felicia M.
    "Large park within walking distance. Lots of people walk their dogs around El Estero Park. Also near the beach and the Recreation Trail. "
    1
    Flag
  • Mcurtinsax
    "This is Old Town Monterey. Spaghetti Hill, settled by Italian fishermen whose founding families ply their trade to this day. The Defense Language Institute above. The small downtown below. The original capital of California. Lots of history and events. Big Sur,Pinnacles, etc. This is Steinbeck country. If you can afford it, it’s great."
    6
    Flag
  • Mcurtinsax
    "My daughter lives with her husband and my ex-wife lives in Sonoma near Morton’s pool. I live in Monterey which is a beautiful area but gets crowded all summer (and much of the rest of the year) with tourists for the many events they offer. When I came out to visit, the older houses and natural areas made me decide to commit to moving out here."
    4
    Flag
  • Theresa O.
    "Close to the wharf and ocean and Monterey Bay Aquarium. Close to exceptional hike and bike trails. Multitude of cultural events —Arts."
    2
    Flag
  • Fzaidi786
    "I love Monterey. It is a beautiful beach town. Grocery n other stuff is so accessible. There is not a lot traffic. "
    0
    Flag
  • Warrenthek
    "I have lived here for several years. Walking access to downtown Monterey is excellent. Good quiet neighborhood. MIIS students love the proximity to the Institute."
    0
    Flag

Market trends in Monterey

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.09M
$9.17KMoM
Sale-to-List Price
98.9%
0.6%MoM
Price per sq ft
$702
$6MoM
Available listings
85
12MoM

Home Value

Trulia Estimate
$1.21M
Since last month
Decreased$37K (-3%)
Since last year
Decreased$61K (-4.9%)
Since last sale
Increased$391K (+48.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +74% in the last 10 years
MonthEstimated value
2026
September 2026$1.2M
August 2026$1.23M
July 2026$1.25M
June 2026$1.29M
May 2026$1.29M
April 2026$1.32M
March 2026$1.25M
February 2026$1.24M
January 2026$1.2M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
926 Roosevelt St, Monterey, CA
0.20
Single-Family Home
$1,048,000
02/25/26
3
2
1,532
336 High St, Monterey, CA
0.23
Single-Family Home
$880,000
09/01/26
3
2
1,526
318 Clay St, Monterey, CA
0.10
Single-Family Home
$795,000
07/30/26
2
1
994
113 Seeno St, Monterey, CA
0.20
Single-Family Home
$1,400,000
04/01/26
2
2
2,517
1122 Harrison St, Monterey, CA
0.42
Single-Family Home
$1,250,000
08/21/26
2
2
1,532
928 Hellam St, Monterey, CA
0.13
Single-Family Home
$1,755,000
07/16/26
3
2
2,030
898 W Franklin Street, Monterey, CA
0.12
Single-Family Home
$960,000
01/22/26
5
2
1,835
1056 Harrison St, Monterey, CA
0.34
Single-Family Home
$1,322,500
10/15/25
4
1.5
1,655
936 Wainwright St, Monterey, CA
0.13
Single-Family Home
$1,525,000
05/05/26
3
2.5
2,240

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
338 Watson St, Monterey, CA 93940
0.05
$1,423,500
5
3.5
1,975
Off Market
291 Watson St, Monterey, CA 93940
0.07
$1,737,000
3
4
3,346
Recently Sold
202 Watson St, Monterey, CA 93940
0.09
$2,377,000
5
2.5
2,772
For Sale
241 Clay St, Monterey, CA 93940
0.09
$917,700
2
1
968
Off Market
343 Watson St, Monterey, CA 93940
0.09
$1,193,700
3
2
1,400
Off Market
833 Hellam St, Monterey, CA 93940
0.08
$1,025,000
3
1.5
1,357
For Sale
318 Clay St, Monterey, CA 93940
0.10
$795,000
2
1
994
Recently Sold
898 W Franklin Street, Monterey, CA 93940
0.12
$960,000
5
2
1,835
Recently Sold
541 & 539 W Franklin St, Monterey, CA 93940
0.12
$1,499,000
3
2.5
1,707
For Sale
402 Watson St #5, Monterey, CA 93940
0.12
$835,700
2
2
854
Off Market
936 Wainwright St, Monterey, CA 93940
0.13
$1,525,000
3
2.5
2,240
Recently Sold

Price and Tax history

DateEventPrice
Sep 19, 2026
Source: MLSListings Inc #ML82061951
Listed For Sale
$1,275,000
Sep 24, 2018
Source: MLSListings Inc #ML81715640
Sold
$805,500
Jul 26, 2018
Source: Agent Provided
Pending
$798,000
Jul 20, 2018
Source: Agent Provided
Listed For Sale
$798,000
Apr 13, 2007
Source: N/A
Sold
$820,000

LGBTQ Local Legal Protections

Robert Chestnut, Compass, (831) 318-0150
Agent Phone: (831) 574-9470
Based on information from the MLSListings MLS as of 2026-09-18 22:54:09 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Frequently asked questions about 307 Monroe St

  • What is the estimated monthly payment for 307 Monroe St?
    Based on a $1,275,000 list price with 20% down at today's rates, the estimated monthly payment for 307 Monroe St in Monterey, CA is approximately $8,148 (about $6,904 principal & interest, $1,169 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 307 Monroe St compare to homes in Monterey?
    307 Monroe St in Monterey, CA is listed at $1,275,000, about 17% above the $1.09M median sale price in Monterey.
  • What do residents say about the Old Town neighborhood?
    Residents describe the Old Town neighborhood in Monterey, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Old Town, Monterey.
  • What are the closest schools to 307 Monroe St?
    The closest schools to 307 Monroe St in Monterey, CA are Monte Vista (Elementary/Middle, rated 6/10), Monterey High School (rated 8/10).
  • Does 307 Monroe St have laundry facilities?
    Yes, 307 Monroe St in Monterey, CA has laundry facilities.
  • How big is the lot at 307 Monroe St?
    The lot at 307 Monroe St in Monterey, CA is about 0.14 acres (6,200 sq ft).
307 Monroe St, Monterey, CA 93940 is a 2 bedroom, 2 bathroom, 1,475 sqft single-family home built in 1947. 307 Monroe St is located in Old Town, Monterey. This property is currently available for sale and was listed by MLSListings Inc on Sep 19, 2026. The MLS # for this home is MLS# ML82061951.