883 Lighthouse Ave, Monterey, CA 93940
Property image
Property image
UNDER CONTRACT
3D VIEW

$1,500,000

  • 4 Beds
  • 3 Baths
  • 2,633 sqft

883 Lighthouse Ave, Monterey, CA 93940

New Monterey
Est. Mortgage $9,369/mo*
Get Pre-Qualified

Home Highlights

Multi-Family
Built in 1966
$570/sqft
Carport

Local Information

  • Map ViewExplore the area around 883 Lighthouse Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 10 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.

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 FurnaceNo CoolingAir 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: 180+

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: Wed Sep 30 2026Zillow Contingency Status: Under Contract

Around this home

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
    Flag
  • 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
    Flag
  • 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

Market trends in Monterey

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.09M
$9.17KMoM
Sale-to-List Price
98.9%
0.6%MoM
Price per sq ft
$702
$6MoM
Available listings
85
12MoM

Home Value

Trulia Estimate
$1.41M
Since last month
Decreased$4K (-0.3%)
Since last year
Decreased$74K (-5%)
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
September 2026$1.41M
August 2026$1.41M
July 2026$1.41M
June 2026$1.41M
May 2026$1.41M
April 2026$1.41M
March 2026$1.42M
February 2026$1.44M
January 2026$1.48M

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
0.23
Multi-Family Home
$1,550,000
07/16/26
4
4
2,235
301 7th St, Pacific Grove, CA
0.40
Multi-Family Home
$1,200,000
07/20/26
4
2
1,680
1113 McClellan Ave, Monterey, CA
0.58
Multi-Family Home
$1,400,000
05/13/26
6
3
2,204
160 Monterey Ave, Pacific Grove, CA
0.54
Multi-Family Home
$1,650,000
07/01/26
6
4
3,321
830 Parcel St, Monterey, CA
0.68
Multi-Family Home
$1,580,000
06/05/26
8
4
3,436
291 Watson St, Monterey, CA
1.00
Multi-Family Home
$1,737,000
04/29/26
3
4
3,346
609 Congress Ave, Pacific Grove, CA
1.01
Multi-Family Home
$1,285,000
02/03/26
6
2
2,004
206 Cypress Ave, Pacific Grove, CA
1.04
Multi-Family Home
$1,500,000
03/17/26
5
2
3,000
116 16th St, Pacific Grove, CA
0.88
Multi-Family Home
$2,639,000
07/08/26
9
5
4,120

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
461 Irving Ave, Monterey, CA 93940
0.10
$1,240,600
4
4
1,774
Off Market
360 Prescott Ave, Monterey, CA 93940
0.14
$1,971,800
8
4
3,180
Off Market
116 Evans Ave, Pacific Grove, CA 93950
0.11
$2,195,900
6
3
2,919
Off Market
599 David Ave, Monterey, CA 93940
0.14
-
4
3
2,074
Off Market
150 Lighthouse Ave, Pacific Grove, CA 93950
0.14
$1,383,100
4
3
1,693
Off Market
999 Belden St, Monterey, CA 93940
0.17
$1,045,300
2
1
842
Off Market
166 Lighthouse Ave, Pacific Grove, CA 93950
0.18
$1,668,888
2
1.5
1,153
For Sale
324 Eardley Ave, Pacific Grove, CA 93950
0.20
$1,362,800
2
1
1,020
Off Market
700 David Ave, Monterey, CA 93940
0.23
$1,550,000
4
4
2,235
Recently Sold
575 Foam St #C, Monterey, CA 93940
0.28
$2,259,800
3
2
1,898
Off Market
575 Foam St #D, Monterey, CA 93940
0.28
$1,850,000
3
2
1,718
For Sale
585 Hawthorne St #103, Monterey, CA 93940
0.28
$799,000
2
2
1,247
For Sale

Price and Tax history

DateEventPrice
Mar 27, 2026
Source: MLSListings Inc #ML82032663
Contingent
$1,500,000
Jan 27, 2026
Source: MLSListings Inc #ML82032663
Listed For Sale
$1,500,000
Jan 30, 2024
Source: Zillow Rentals
ListingRemoved
Jan 29, 2024
Source: Zillow Rentals
Listed For Rent
$1,950
Jan 29, 2023
Source: Zillow Rentals
ListingRemoved

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 2026-09-19 23:37:55 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.

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 883 Lighthouse Ave

Skip to last item
Skip to first item

Frequently asked questions about 883 Lighthouse Ave

  • What is the estimated monthly payment for 883 Lighthouse Ave?
    Based on a $1,500,000 list price with 20% down at today's rates, the estimated monthly payment for 883 Lighthouse Ave in Monterey, CA is approximately $9,567 (about $8,117 principal & interest, $1,375 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 883 Lighthouse Ave compare to homes in Monterey?
    883 Lighthouse Ave in Monterey, CA is listed at $1,500,000, about 38% above the $1.09M median sale price in Monterey.
  • What do residents say about the New Monterey neighborhood?
    Residents describe the New Monterey neighborhood in Monterey, CA as pedestrian-friendly, walkable to restaurants, and dog-friendly. See homes for sale in New Monterey, Monterey.
  • What are the closest schools to 883 Lighthouse Ave?
    The closest schools to 883 Lighthouse Ave in Monterey, CA are Monte Vista (Elementary/Middle, rated 6/10), Monterey High School (rated 8/10).
  • Is there a virtual tour of 883 Lighthouse Ave?
    Yes, a virtual tour of 883 Lighthouse Ave in Monterey, CA is available.
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.