338 Watson St, Monterey, CA 93940
Property image
Property image
OFF MARKET

$1,423,500

Trulia Estimate
  • 5 Beds
  • 3.5 Baths
  • 1,975 sqft

338 Watson St, Monterey, CA 93940

Old Town
Est. Refi. Payment $8,600/mo*
Refinance Your Home
Currently Off Market - Sold Sep 19, 2025 for $1,425,000

Home Value

Trulia Estimate
$1.42M
Since last month
Decreased$6K (-0.4%)
Since last year
Decreased$80K (-5.3%)
Since last sale
Decreased$3K (-0.2%)
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 decreased by -5% in the last 10 years
MonthEstimated value
2026
August 2026$1.42M
July 2026$1.43M
June 2026$1.43M
May 2026$1.42M
April 2026$1.43M
March 2026$1.44M
February 2026$1.46M
January 2026$1.47M
2025

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
947 W Franklin St, Monterey, CA
0.20
Single-Family Home
$1,200,000
08/11/26
6
4.5
2,063
486 Van Buren St, Monterey, CA
0.22
Single-Family Home
$1,100,000
01/14/26
5
3
2,496
936 Wainwright St, Monterey, CA
0.18
Single-Family Home
$1,525,000
05/05/26
3
2.5
2,240
981 Harrison St, Monterey, CA
0.28
Single-Family Home
$1,462,500
12/22/25
3
2.5
1,867
898 W Franklin Street, Monterey, CA
0.12
Single-Family Home
$960,000
01/22/26
5
2
1,835
928 Hellam St, Monterey, CA
0.16
Single-Family Home
$1,755,000
07/16/26
3
2
2,030
1034 Hellam St, Monterey, CA
0.30
Single-Family Home
$1,449,000
06/10/26
5
3
1,249
1056 Harrison St, Monterey, CA
0.36
Single-Family Home
$1,322,500
10/15/25
4
1.5
1,655

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
343 Watson St, Monterey, CA 93940
0.04
-
3
2
1,400
Off Market
402 Watson St #5, Monterey, CA 93940
0.08
$831,700
2
2
854
Off Market
833 Hellam St, Monterey, CA 93940
0.08
$1,025,000
3
1.5
1,357
For Sale
291 Watson St, Monterey, CA 93940
0.06
$1,737,000
3
4
3,346
Recently Sold
402 Watson St #6, Monterey, CA 93940
0.10
$656,000
2
2
908
Off Market
541 & 539 W Franklin St, Monterey, CA 93940
0.11
$1,649,000
3
2.5
1,707
For Sale
898 W Franklin Street, Monterey, CA 93940
0.12
$960,000
5
2
1,835
Recently Sold
443 Watson St, Monterey, CA 93940
0.12
$1,600,000
13
7
3,726
Recently Sold
318 Clay St, Monterey, CA 93940
0.13
$795,000
2
1
994
Recently Sold
901 W Franklin St, Monterey, CA 93940
0.15
-
4
2
1,869
Off Market
202 Watson St, Monterey, CA 93940
0.12
$2,377,000
5
2.5
2,772
For Sale

Local Information

  • Map ViewExplore the area around 338 Watson St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1954
Living Area
1,975 sqft
Price/Sqft
$721
Parking
2 Car Garage

About this House

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.
338 Watson St, Monterey, CA 93940 is a 5 bedroom, 4 bathroom, 1,975 sqft single-family home in Old Town, built in 1954. It last sold for $1,425,000 on Sep 19, 2025 (7% below the $1,525,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,423,500, with a rent estimate of $5,684/month.
Last check for updates: about 4 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

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 AirNo CoolingAir 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: $1,525,000

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

Price and Tax history

DateEventPrice
Sep 19, 2025
Source: MLSListings Inc #ML82018507
Sold
$1,425,000
Aug 30, 2025
Source: MLSListings Inc #ML82018507
Contingent
$1,525,000
Aug 19, 2025
Source: MLSListings Inc #ML82018507
Listed For Sale
$1,525,000

Market trends in Monterey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.1M
Sale-to-List Price
98.3%
Price per sq ft
$707
Available listings
97
1MoM

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

LGBTQ Local Legal Protections

Based on information from the MLSListings MLS as of 2026-08-26 07:07:47 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.

Frequently asked questions about 338 Watson St

  • What is 338 Watson St estimated to be worth?
    Trulia's estimated value for 338 Watson St in Monterey, CA is $1,423,500.
  • What is the price history for 338 Watson St?
    338 Watson St in Monterey, CA last sold for $1,425,000 in September 2025.
  • Is Monterey a buyer's or seller's market?
    Monterey is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Monterey?
    The median sale price in Monterey is $1.1M.
  • How big is the lot at 338 Watson St?
    The lot at 338 Watson St in Monterey, CA is about 0.15 acres (6,507 sq ft).
  • Does 338 Watson St have a garage?
    Yes, 338 Watson St in Monterey, CA has an attached garage.

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