338 Watson St, Monterey, CA 93940
SOLD
SEP 19, 2025

338 Watson St
Monterey, CA 93940

Old Town
  • 5 Beds
  • 3.5 Baths
  • 1,975 sqft

$1,425,000

Last Sold: Sep 19, 2025
7% below list $1.52M
$722/sqft
Est. Refi. Payment $8,378/mo*

$1,425,000

Last Sold: Sep 19, 2025
7% below list $1.52M
$722/sqft
Est. Refi. Payment $8,378/mo*
5 Beds
3.5 Baths
1,975 sqft

Homes for sale near 338 Watson St

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Ocean Views, Vintage Charm & Rental Income in Old Monterey!
Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1 bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 11, 2025

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$722/sqft
Listed
180+ days ago

Home Details for 338 Watson St

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Dining Room, Family Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1975 Square Feet
Appliances & Utilities
Utilities: Public Utilities, Water Public
Heating & Cooling
Heating: Central Forced AirAir Conditioning: NoneHeating Fuel: Central Forced Air
Fireplace & Spa
Fireplace: Living Room
Gas & Electric
Gas: PublicUtilities
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: OtherFoundation: Concrete Perimeter and Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 001375036000

Price & Status

Price
List Price: $1,525,000Price Per Sqft: $722/sqft

Active Status

MLS Status: Sold

Location

Direction & Address
City: Monterey
School Information
Elementary School District: MontereyPeninsulaUnifiedHigh School District: MontereyPeninsulaUnifiedWalk Score: 86

Building

Building Area
Building Area: 1975

Lot Information

Lot Area: 6507 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSell

Miscellaneous

Mls Number: ML82018507
Last check for updates: about 2 hours ago
Listed by Doug Steiny 00681652, (831) 236-7363
Sotheby’s International Realty, (831) 624-1566
Bought with: Dorothy Coulter 01800430, (408) 712-3314, EXIT Realty Consultants, (408) 778-9990
Source: MLSListings Inc, MLS#ML82018507

Price History for 338 Watson St

DatePriceEventSource
09/19/2025$1,425,000Sold
MLSListings Inc #ML82018507
08/30/2025$1,525,000ContingentMLSListings Inc #ML82018507
08/19/2025$1,525,000Listed For SaleMLSListings Inc #ML82018507
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Property Tax and Assessment

Year2025
Tax$2,097
Assessment$135,067
Home facts updated by county records

Comparable Sales for 338 Watson St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Single-Family Home
$1,100,000
01/14/26
5
3
2,496
0.18
Single-Family Home
$1,525,000
05/05/26
3
2.5
2,240
0.28
Single-Family Home
$1,462,500
12/22/25
3
2.5
1,867
0.12
Single-Family Home
$960,000
01/22/26
5
2
1,835
0.36
Single-Family Home
$1,322,500
10/15/25
4
1.5
1,655
0.20
Single-Family Home
$1,048,000
02/25/26
3
2
1,532
0.20
Single-Family Home
$1,400,000
04/01/26
2
2
2,517
0.56
Single-Family Home
$1,400,000
08/19/25
3
2.5
1,933
0.30
Single-Family Home
$650,000
10/24/25
5
3
1,249

Neighborhood Overview

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

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"
  • 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. "
  • 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. "
  • 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. "
  • 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."
  • 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."
  • Theresa O.
    "Close to the wharf and ocean and Monterey Bay Aquarium. Close to exceptional hike and bike trails. Multitude of cultural events —Arts."
  • Fzaidi786
    "I love Monterey. It is a beautiful beach town. Grocery n other stuff is so accessible. There is not a lot traffic. "
  • 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."

LGBTQ Local Legal Protections

Based on information from the MLSListings MLS as of 2026-05-09 17:31:30 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.

Homes for rent near 338 Watson St

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Off Market Homes Near 338 Watson St

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Explore by feature

338 Watson St, Monterey, CA 93940 is a 5 bedroom, 4 bathroom, 1,975 sqft single-family home built in 1954. 338 Watson St is located in Old Town, Monterey. This property is not currently available for sale. 338 Watson St was last sold on Sep 19, 2025 for $1,425,000 (7% lower than the asking price of $1,525,000). The current Trulia Estimate for 338 Watson St is $1,431,200.