538 Watson St, Monterey, CA 93940
OFF MARKET

538 Watson St
Monterey, CA 93940

Old Town
  • Studio
  • 2,781 sqft

$2,119,600

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $12,514/mo*
Refinance Your Home

$2,119,600

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $12,514/mo*
Refinance Your Home
Studio
2,781 sqft

Local Information

  • Map ViewExplore the area around 538 Watson St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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!
538 Watson St, Monterey, CA 93940 is a studio, 2,781 sqft multi-family in Old Town, built in 1915. It last sold for $2,005,000 on Apr 5, 2023. It is currently off market. The Trulia Estimate is $2,119,600, with a rent estimate of $3,738/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 538 Watson St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Hardwood
Interior Details
Number of Rooms: 13Types of Rooms: Dining Room
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1915Year Updated: 1915
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 10101 sqft

Price History for 538 Watson St

DatePriceEventSource
04/05/2023$2,005,000Sold
N/A
03/06/2023$1,895,000Listed For SaleMLSListings Inc #ML81920550
09/10/2018$1,050,000Sold
MLSListings Inc #ML81715986
08/14/2018$1,099,900PendingAgent Provided
07/24/2018$1,099,900Listed For SaleAgent Provided
03/16/2018$782,000Sold
N/A
02/21/2018$1,195,000PriceChange
Agent Provided
02/12/2018$1,299,000Listed For SaleAgent Provided
07/03/2009$997,000ListingRemovedAgent Provided
03/22/2009$997,000PriceChange
Agent Provided
02/22/2009$1,049,000PriceChange
Agent Provided
09/11/2008$1,247,000Listed For SaleAgent Provided

Market trends in Monterey

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
91
13MoM
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Property Tax and Assessment

Year2025
Tax$23,931
Assessment$2,086,002
Home facts updated by county records

Comparable Sales for 538 Watson St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
443 Watson St, Monterey, CA
0.12
Multi-Family Home
$1,600,000
02/24/26
13
7
3,726
291 Watson St, Monterey, CA
0.29
Multi-Family Home
$1,737,000
04/29/26
3
4
3,346
620-624 McClellan Ave, Monterey, CA
0.78
Multi-Family Home
$1,690,000
08/28/25
6
5
3,620
1113 McClellan Ave, Monterey, CA
0.78
Multi-Family Home
$1,400,000
05/13/26
6
3
2,204
233 Clay St, Monterey, CA
0.35
Multi-Family Home
$660,000
04/21/26
2
1
968
1150 8th St, Monterey, CA
1.20
Multi-Family Home
$1,650,000
05/07/26
6
5
2,244
830 Parcel St, Monterey, CA
1.11
Multi-Family Home
$1,580,000
06/05/26
8
4
3,436
116 Evans Ave, Pacific Grove, CA
1.31
Multi-Family Home
$2,200,000
07/14/25
6
3
2,919
160 Monterey Ave, Pacific Grove, CA
1.60
Multi-Family Home
$1,650,000
07/01/26
6
4
3,321
Wainwright St, Monterey, CA
1.47
Multi-Family Home
$3,000,000
08/05/25
4
3
6,212

Nearby homes

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Assigned Schools

These are the assigned schools for 538 Watson St.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

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Homes for sale near 538 Watson St

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Off Market Homes Near 538 Watson St

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