883 Lighthouse Ave, Monterey, CA 93940
UNDER CONTRACT

883 Lighthouse Ave
Monterey, CA 93940

New Monterey
  • 4 Beds
  • 3 Baths
  • 2,633 sqft

$1,500,000

Est. Mortgage $8,940/mo*
Get Pre-Qualified

$1,500,000

Est. Mortgage $8,940/mo*
Get Pre-Qualified
4 Beds
3 Baths
2,633 sqft

Local Information

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

Description

Rare opportunity to own a 4-unit mixed-use commercial and residential property in the heart of Monterey, just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two street-facing commercial units front busy Lighthouse Avenue, offering excellent visibility and foot traffic. The property also includes two residential units: a 2BD/1BA apartment above the commercial spaces with deck and off-street parking, and a detached 1BD/1BA apartment at the rear of the lot. Ideal for investors or owner-users seeking diversified income in a premier Monterey location.

Home Highlights

Parking
0 Carport Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$570
Listed
128 days ago

Home Details for 883 Lighthouse Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2633 Square Feet
Appliances & Utilities
Utilities: Public UtilitiesAppliances: Gas Cooktop
Heating & Cooling
Heating: Wall FurnaceAir Conditioning: NoneHeating Fuel: Wall Furnace
Gas & Electric
Gas: PublicUtilities
Windows, Doors, Floors & Walls
Door: NoneFlooring: Laminate, Tile, Vinyl Linoleum
Levels, Entrance, & Accessibility
Stories: 2Accessibility: NoneFloors: Laminate, Tile, Vinyl Linoleum

Exterior Features

Exterior Home Features
Roof: Composition Fiberglass OtherFoundation: Concrete Perimeter and Slab
Parking & Garage
Has a CarportNo GarageParking Spaces: 4Parking: Common,No Garage,Off Street,On Street,Parking Area
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 128

Property Information

Year Built
Year Built: 1966
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Residential Income
Property Information
Included in Sale: Building, MajorTenantsParcel Number: 001074002B

Price & Status

Price
List Price: $1,500,000Price Per Sqft: $570

Active Status

MLS Status: Contingent

Media

Location

Direction & Address
City: Monterey
School Information
Elementary School District: MontereyPeninsulaUnifiedHigh School District: MontereyPeninsulaUnifiedWalk Score: 95

Agent Information

Listing Agent
Listing ID: ML82032663

Building

Building Area
Building Area: 2633

Lot Information

Lot Area: 4800 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan

Miscellaneous

Mls Number: ML82032663Projected Close Date: Tue Jul 14 2026Zillow Contingency Status: Under Contract
Last check for updates: about 8 hours ago
Listing courtesy of Monterey Peninsula Home Team 70000352, (831) 594-3290
KW Coastal Estates, (831) 622-6200
Debra Buonaguidi 01905625, (831) 917-1979
Monterey Real Estate Firm, (831) 917-1979
Source: MLSListings Inc, MLS#ML82032663
Also Listed on bridgeMLS/CCAR/Bay East AOR, MLSListings Inc.

Market trends in Monterey

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.08M
Sale-to-List Price
—
Price per sq ft
$676
Available listings
78
1MoM

Price History for 883 Lighthouse Ave

DatePriceEventSource
03/27/2026$1,500,000ContingentMLSListings Inc #ML82032663
01/27/2026$1,500,000Listed For SaleMLSListings Inc #ML82032663
01/30/2024ListingRemovedZillow Rentals
01/29/2024$1,950Listed For RentZillow Rentals
01/29/2023ListingRemovedZillow Rentals
01/25/2023$1,950Listed For RentZillow Rentals

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Comparable Sales for 883 Lighthouse Ave

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$1,690,000
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3,620
291 Watson St, Monterey, CA
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$1,737,000
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3,346
609 Congress Ave, Pacific Grove, CA
1.01
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7,234

Nearby homes

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Assigned Schools

These are the assigned schools for 883 Lighthouse Ave.
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
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
    "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
    "eveything is special and I love Monterey and we love people so much and the pizza places are great "
    0
    Flag
  • Trulia User
    "Friendly for pet owners Especially dog owners Lots of places to take your pet to walk Beaches dunes forests "
    0
    Flag
  • Trulia User
    "Clean and quiet! Close to shops, and tourist destinations. Right on the sun belt border. Mild weather all year round."
    2
    Flag
  • Trulia User
    "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.
    "Many playgrounds in the area! This would be a great place to raise kids. The sidewalks are well maintained too. "
    0
    Flag
  • Sharon F.
    "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.
    "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
    "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.
    "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
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  • Jaylyn D.
    "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
    "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
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  • clockfan
    "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
    "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

Monterey Peninsula Home Team, KW Coastal Estates, (831) 622-6200
Agent Phone: (831) 594-3290
Based on information from the MLSListings MLS as of 2026-06-04 14:57:13 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.
883 Lighthouse Ave, Monterey, CA 93940 is a 4 bedroom, 3 bathroom, 2,633 sqft multi-family built in 1966. 883 Lighthouse Ave is located in New Monterey, Monterey. This property is currently available for sale and was listed by MLSListings Inc on Jan 27, 2026. The MLS # for this home is MLS# ML82032663.