Does New Monterey, Monterey, CA have sidewalks?

As of early 2026, 96% of users say there are sidewalks

Is New Monterey, Monterey, CA walkable to restaurants?

As of early 2026, 92% of users say it's walkable to restaurants

Is New Monterey, Monterey, CA dog-friendly?

As of early 2026, 89% of users say it's dog friendly

Is there wildlife in New Monterey, Monterey, CA?

As of early 2026, 83% of users say there's wildlife

Would people walk alone at night in New Monterey, Monterey, CA?

As of early 2026, 79% of users say people would walk alone at night

Does New Monterey, Monterey, CA show holiday spirit?

As of early 2026, 74% of users say there's holiday spirit

Are yards well-kept in New Monterey, Monterey, CA?

As of early 2026, 69% of users say yards are well-kept

Is New Monterey, Monterey, CA walkable to grocery stores?

As of early 2026, 67% of users say it's walkable to grocery stores

Is parking easy in New Monterey, Monterey, CA?

As of early 2026, 64% of users say parking is easy

Is a car needed in New Monterey, Monterey, CA?

As of early 2026, 63% of users say car is needed

Are the streets well-lit in New Monterey, Monterey, CA?

As of early 2026, 62% of users say streets are well-lit

Do residents of New Monterey, Monterey, CA plan to stay at least 5 years?

As of early 2026, 55% of users say they plan to stay for at least 5 years

Are neighbors friendly in New Monterey, Monterey, CA?

As of early 2026, 50% of users say neighbors are friendly

Is New Monterey, Monterey, CA quiet?

As of early 2026, 44% of users say it's quiet

Do kids play outside in New Monterey, Monterey, CA?

As of early 2026, 40% of users say kids play outside

Are there community events in New Monterey, Monterey, CA?

As of early 2026, 26% of users say there are community events

What is 845 Wave St estimated to be worth?

Trulia's estimated value for 845 Wave St in Monterey, CA is $3,001,000 .

What is the price history for 845 Wave St?

845 Wave St in Monterey, CA last sold for $2,400,000 in October 2020.

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.

Does 845 Wave St have air conditioning?

Yes, 845 Wave St in Monterey, CA has air conditioning.

Does 845 Wave St have laundry facilities?

Yes, 845 Wave St in Monterey, CA has in-unit laundry.

OFF MARKET

$3,001,000

Trulia Estimate

5 Beds
5.5 Baths
4,816 sqft

845 Wave St, Monterey, CA 93940

New Monterey

Est. Refi. Payment $18,334/mo*

Refinance Your Home

Currently Off Market - Sold Oct 30, 2020 for $2,400,000

Home Value

Trulia Estimate

$3M

Since last month

$9K (+0.3%)

Since last year

$131K (+4.6%)

Since last sale

$601K (+25%)

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 +46% in the last 10 years

Month	Estimated value
2026
August 2026	$3M
August 2026	$2.98M
July 2026	$2.99M
June 2026	$3.01M
May 2026	$3.01M
April 2026	$3.04M
March 2026	$3.03M
February 2026	$3.08M
January 2026	$3.01M
2025
December 2025	$2.77M
November 2025	$2.76M
October 2025	$2.8M
September 2025	$2.82M
August 2025	$2.87M
July 2025	$2.81M
June 2025	$2.85M
May 2025	$2.9M
April 2025	$2.9M
March 2025	$2.9M
February 2025	$2.82M
2024
April 2024	$2.68M
March 2024	$2.7M
February 2024	$2.67M
January 2024	$2.62M
2023
December 2023	$2.73M
November 2023	$2.73M
October 2023	$2.85M
September 2023	$2.85M
August 2023	$3.66M
July 2023	$3.64M
June 2023	$3.65M
May 2023	$3.77M
April 2023	$3.73M
March 2023	$3.8M
February 2023	$3.79M
January 2023	$3.8M
2022
December 2022	$3.8M
November 2022	$4.1M
October 2022	$4.07M
September 2022	$4.15M
August 2022	$2.83M
July 2022	$3.01M
June 2022	$3.08M
May 2022	$3.02M
April 2022	$2.76M
March 2022	$2.69M
February 2022	$2.52M
January 2022	$2.55M
2021
December 2021	$2.47M
November 2021	$2.38M
October 2021	$2.32M
September 2021	$2.25M
August 2021	$2.17M
July 2021	$2.13M
June 2021	$2M
May 2021	$1.89M
April 2021	$1.86M
March 2021	$1.65M
February 2021	$1.73M
January 2021	$1.95M
2020
December 2020	$2.34M
November 2020	$2.43M
August 2020	$2.34M
July 2020	$2.46M
June 2020	$2.51M
May 2020	$2.49M
April 2020	$2.53M
March 2020	$2.54M
February 2020	$2.47M
January 2020	$2.48M
2019
December 2019	$2.43M
November 2019	$2.42M
October 2019	$2.41M
September 2019	$2.41M
August 2019	$2.41M
July 2019	$2.39M
June 2019	$2.42M
May 2019	$2.4M
April 2019	$2.4M
March 2019	$2.42M
February 2019	$2.43M
January 2019	$2.41M
2018
December 2018	$2.41M
November 2018	$2.39M
October 2018	$2.4M
September 2018	$2.36M
August 2018	$2.34M
July 2018	$2.36M
June 2018	$2.32M
May 2018	$2.31M
April 2018	$2.31M
March 2018	$2.31M
February 2018	$2.29M
January 2018	$2.27M
2017
December 2017	$2.26M
November 2017	$2.06M
October 2017	$1.99M
September 2017	$2.08M
August 2017	$1.98M
July 2017	$1.93M
June 2017	$2.22M
May 2017	$2.01M
April 2017	$2.14M
March 2017	$2.05M
February 2017	$1.95M
January 2017	$2M
2016
December 2016	$2.16M
November 2016	$2.12M
October 2016	$2.07M
September 2016	$2.05M

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
700 David Ave, Monterey, CA	0.34	Multi-Family Home	$1,550,000	07/16/26	4	4	2,235
160 Monterey Ave, Pacific Grove, CA	0.62	Multi-Family Home	$1,650,000	07/01/26	6	4	3,321
830 Parcel St, Monterey, CA	0.80	Multi-Family Home	$1,580,000	06/05/26	8	4	3,436
116 16th St, Pacific Grove, CA	0.94	Multi-Family Home	$2,639,000	07/08/26	9	5	4,120
1113 McClellan Ave, Monterey, CA	0.67	Multi-Family Home	$1,400,000	05/13/26	6	3	2,204
301 7th St, Pacific Grove, CA	0.49	Multi-Family Home	$1,200,000	07/20/26	4	2	1,680
291 Watson St, Monterey, CA	1.02	Multi-Family Home	$1,737,000	04/29/26	3	4	3,346
206 Cypress Ave, Pacific Grove, CA	1.12	Multi-Family Home	$1,500,000	03/17/26	5	2	3,000
207 Alder St, Pacific Grove, CA	1.38	Multi-Family Home	$2,000,000	06/30/26	4	4	3,305
609 Congress Ave, Pacific Grove, CA	1.12	Multi-Family Home	$1,285,000	02/03/26	6	2	2,004

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
116 Evans Ave, Pacific Grove, CA 93950	0.18	$2,195,900	6	3	2,919	Off Market
360 Prescott Ave, Monterey, CA 93940	0.18	$2,033,700	8	4	3,180	Off Market
461 Irving Ave, Monterey, CA 93940	0.20	$1,240,600	4	4	1,774	Off Market
150 Lighthouse Ave, Pacific Grove, CA 93950	0.22	$1,383,100	4	3	1,693	Off Market
599 David Ave, Monterey, CA 93940	0.26	-	4	3	2,074	Off Market
180 Central Ave, Pacific Grove, CA 93950	0.26	$1,869,800	2	2	1,591	Off Market
999 Belden St, Monterey, CA 93940	0.29	$1,041,600	2	1	842	Off Market
575 Foam St #C, Monterey, CA 93940	0.26	$2,188,200	3	2	1,898	Off Market
575 Foam St #D, Monterey, CA 93940	0.26	$1,850,000	3	2	1,718	For Sale
187 Sloat Ave, Pacific Grove, CA 93950	0.28	$2,749,300	3	2.5	2,094	Off Market
186 Sloat Ave, Pacific Grove, CA 93950	0.28	$3,680,900	4	2	2,625	Off Market
188 Sloat Ave, Pacific Grove, CA 93950	0.30	$3,584,600	3	3	2,502	Off Market

Local Information

Map ViewExplore the area around 845 Wave St.
Schools1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Multi-Family

Built in 1958

4,816 sqft

$623/sqft

Garage

About this House

Beautiful triplex one block from the famous Monterey Bay Aquarium and Cannery Row. Features one residential unit with 4 bedrooms and 3 bathrooms, one spacious studio loft with a large deck offering ocean views, and one commercial unit with one and a half bathrooms. Offered fully furnished with all the amenities. Perfect for owner occupied or a vacation rental. You can live, work, and have rental income with this unique property.
The commercial unit which faces northeast towards Cannery Row, is currently vacant. The storefront is on a highly trafficked and visible frontage, which is zoned C-2 for licensed commercial cannabis activity. This is a prime location, as the city recently confirmed cannabis zoning for Wave Street, which includes this unique property.

845 Wave St, Monterey, CA 93940 is a 5 bedroom, 6 bathroom, 4,816 sqft multi-family in New Monterey, built in 1958. It last sold for $2,400,000 on Oct 30, 2020. More recently, it was listed as a rental in February 2018 with an asking price of $2,800 per month. That rental listing was removed on March 15, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $3,001,000, with a rent estimate of $4,107/month.

Home Details for 845 Wave St

Interior Features
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Hardwood, Laminate
Interior Details Additional StorageIn-law unitNumber of Rooms: 16Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Office, Pantry, Workshop, Sun RoomStorageCeiling Fan
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa FireplaceJetted Bath Tub
Windows, Doors, Floors & Walls Double Paned Windows
Security Security System

Exterior Features
Exterior Home Features Roof: Composition, OtherDeckExterior: Stucco, WoodPatioSprinkler System
Parking & Garage GarageParking Spaces: 6Parking: Carport, Garage Attached, Garage Detached, On Street

Property Information
Year Built Year Built: 1958Year Updated: 1995
Property Type / Style Property Type: Multi FamilyArchitecture: Contemporary

Community
Units in Building: 3

Lot Information
Lot Area: 5662 sqft

Price and Tax history

Date	Event	Price
Mar 16, 2023 Source: MLSListings Inc #ML81907484	ListingRemoved
Dec 27, 2022 Source: MLSListings Inc #ML81907484	PriceChange	$3,950,000 Price decreased by 6%
Sep 15, 2022 Source: MLSListings Inc #ML81907484	Listed For Sale	$4,200,000
Oct 30, 2020 Source: N/A	Sold	$2,400,000
Aug 17, 2020 Source: Agent Provided	Pending	$2,395,000
Aug 10, 2020 Source: Agent Provided	PriceChange	$2,395,000 Price decreased by 4%
Jul 20, 2020 Source: Agent Provided	PriceChange	$2,495,000 Price decreased by 4%
Mar 23, 2020 Source: Agent Provided	Listed For Sale	$2,595,000
Mar 15, 2018 Source: Agent Provided	ListingRemoved	$2,800
Feb 27, 2018 Source: Agent Provided	Listed For Rent	$2,800
Nov 30, 2017 Source: N/A	Sold	$2,250,000
Nov 21, 2012 Source: N/A	Sold	$1,800,000
Mar 24, 1995 Source: N/A	Sold	$325,000

Year	Property tax	Tax assessment
2026	Unavailable	$2,649,790

Additional Cost

Market trends in Monterey

Last updated July 2026

Avg. sale price

$1.1M

Sale-to-List Price

98.3%

Price per sq ft

$707

Available listings

1MoM

Around this home

Monte Vista
K-8
Public
688 Students
Monterey Peninsula Unified School District
6/10
GreatSchools Rating
Parent Rating Average
Thought the school itself seems aged the staff is wonderful and very easy to communicate with. My children love their school and are full of school spirit and pride. The faculty really seems to make the absolute most out of what they have. Cheers to principal Dr Ashby and all of the lovely faculty.
Parent Review
4y ago
28 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

New Monterey

16 Homes For You
Buy: $799k - $2.3m

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about New Monterey

At least 44 Trulia users voted on each feature.

96 % Say there are sidewalks
92 % Say it's walkable to restaurants
89 % Say it's dog friendly
83 % Say there's wildlife
79 % Say people would walk alone at night
74 % Say there's holiday spirit
69 % Say yards are well-kept
67 % Say it's walkable to grocery stores
64 % Say parking is easy
63 % Say car is needed
62 % Say streets are well-lit
55 % Say they plan to stay for at least 5 years
50 % Say neighbors are friendly
44 % Say it's quiet
40 % Say kids play outside
26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

Chriscolandene
Resident
1y ago
"Lots goes on near Fishermen’s wharf. Card shows, international festivals, whale week, taste of Monterey, decorations on the wharf and elsewhere."
0
Flag
Trulia User
Visitor
2y ago
"eveything is special and I love Monterey and we love people so much and the pizza places are great "
0
Flag
Trulia User
Visitor
4y ago
"Friendly for pet owners Especially dog owners Lots of places to take your pet to walk Beaches dunes forests "
0
Flag
Trulia User
Resident
4y ago
"Clean and quiet! Close to shops, and tourist destinations. Right on the sun belt border. Mild weather all year round."
2
Flag
Trulia User
Resident
5y ago
"Not a lot of off leash options for dog owners in the area. Closest option is a dog friendly beach that is a drive away."
0
Flag
Brian Y.
Resident
6y ago
"Many playgrounds in the area! This would be a great place to raise kids. The sidewalks are well maintained too. "
0
Flag
Sharon F.
Resident
6y ago
"Seems like there’s always something going on around here. Me I’m more of an outdoors type I’m just happy kayaking around the bay"
7
Flag
Sharon F.
Resident
6y ago
"Traffic can be an absolute nightmare especially during summer tourist season. The blessing is that everything is so super close 90% of my life is within 4 miles and half the time I’m looking at the Monterey Bay it’s all breathtakingly beautiful"
7
Flag
Pegasuslady4
Visitor
7y ago
"I really like New Monterey,there is plenty to do,the walking p ath provides opportunities for ample exercise. Cars fly down the wider streets especially if there are fewer stop signs "
1
Flag
Kimosabe W.
Resident
7y ago
"It is quiet and has beautiful sky views of the sunrise and sunset, beautiful moon rise, views of the bay, occasional rainbow, beautiful mature trees, woodpeckers and blue jays, great access to the coastal trail"
0
Flag
Jaylyn D.
Resident
7y ago
"There are no sidewalks , so it’s hard to walk a dog in the neighborhood! There is a chill nearby with a dog friendly portion, good for fetch and play time with other dogs. "
8
Flag
Curtiswright
Resident
8y ago
"I’ve lived here for 15 years. Its convenient to all my needs. Shopping, food, entertainment. It’s a family, friendly neighborhood. There’s no where else I’d like to live. It’s the perfect community. "
0
Flag
clockfan
11y ago
"Spectacular scenery. Lots of hiking, biking,surfing is near by. Minutes to Big Sur and Pacific Coast. Moderate weather, not too hot, nor too cold. Wine tasting, Golf, shopping, outdoor activities."
1
Flag
clockfan
14y ago
"The beauty of the area, the ocean, Pebble Beach, Carmel, Big Sur are all here. Many activities here. Weather is never too hot. Lots of golf, hiking, college (CSUMB). Monterey Aquarium. Great foodie town! Lots of great wineries close by. Housing prices can get very expensive, though. Tourism can bring a lot of traffic."
1
Flag

LGBTQ Local Legal Protections

Frequently asked questions about 845 Wave St

What is 845 Wave St estimated to be worth?
Trulia's estimated value for 845 Wave St in Monterey, CA is $3,001,000.
What is the price history for 845 Wave St?
845 Wave St in Monterey, CA last sold for $2,400,000 in October 2020.
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.
Does 845 Wave St have air conditioning?
Yes, 845 Wave St in Monterey, CA has air conditioning.
Does 845 Wave St have laundry facilities?
Yes, 845 Wave St in Monterey, CA has in-unit laundry.

Explore by feature - Pet Friendly

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Coastal Senior Residences at The Park Lane | 100 Glenwood Cir,
Monterey, CA 93940
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$2,780 - $3,200/mo
1-2 bd
1 ba
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Monterey, CA 93940
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Studio-2 bd
1 ba
Monterey Townhouse | 825 Casanova Ave,
Monterey, CA 93940
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1 bd
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3207 Golden Oaks Ln,
Monterey, CA 93940
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2 bd
2.5 ba
1,168 sqft
1 La Playa St,
Monterey, CA 93940
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3 bd
2 ba
1107 McClellan Ave #1107MA,
Monterey, CA 93940
PET FRIENDLY
$4,950/mo
3 bd
2 ba
1,242 sqft
671 Taylor St,
Monterey, CA 93940
PET FRIENDLY
$4,800/mo
4 bd
2.5 ba
2,345 sqft
97 Via Ventura,
Monterey, CA 93940
NEW - 16 HRS AGO
APPLY INSTANTLY
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2 bd
2.5 ba
1,156 sqft
37 La Playa St,
Monterey, CA 93940
APPLY INSTANTLY
PET FRIENDLY
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$5,000/mo
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2 bd
2 ba
1,600 sqft
570 David Ave,
Monterey, CA 93940

Explore by feature - Garage

29 rentals with a garage in Monterey, CA

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SENIOR HOUSING
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$5,395 - $6,045/mo
1-2 bd
1 ba
Coastal Senior Residences at The Park Lane | 100 Glenwood Cir,
Monterey, CA 93940
APPLY INSTANTLY
FURNISHED
$3,300/mo
2 bd
1 ba
770 sqft
262 Hawthorne St #2,
Monterey, CA 93940
APPLY INSTANTLY
$5,000/mo
3 bd
2 ba
1,540 sqft
2363 Irving Ave,
Monterey, CA 93940
$5,895/mo
3 bd
2.5 ba
2,802 sqft
145 Littlefield Rd,
Monterey, CA 93940
PET FRIENDLY
$6,700/mo
4 bd
3 ba
2,421 sqft
642 Toyon Dr,
Monterey, CA 93940
NEW - 16 HRS AGO
APPLY INSTANTLY
PET FRIENDLY
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$6,700/mo
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2 bd
2.5 ba
1,156 sqft
37 La Playa St,
Monterey, CA 93940
NEW - 16 HRS AGO
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2 bd
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900 sqft
833 Taylor St #2,
Monterey, CA 93940
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3 bd
1 ba
262 Hawthorne St #5,
Monterey, CA 93940
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$5,600/mo
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1 ba
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1 Surf Way #216,
Monterey, CA 93940
APPLY INSTANTLY
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1,485 sqft
424 High St,
Monterey, CA 93940