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 940 Drake Ave estimated to be worth?

Trulia's estimated value for 940 Drake Ave in Monterey, CA is $1,038,900 .

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 $1.16M. That is up $68.17K from the prior month.

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 recently sold homes in New Monterey, Monterey .

Does 940 Drake Ave have laundry facilities?

Yes, 940 Drake Ave in Monterey, CA has in-unit laundry.

How big is the lot at 940 Drake Ave?

The lot at 940 Drake Ave in Monterey, CA is about 0.15 acres (6,500 sq ft).

OFF MARKET

$1,038,900

Trulia Estimate

3 Beds
2 Baths
1,154 sqft

940 Drake Ave, Monterey, CA 93940

New Monterey

Est. Refi. Payment $6,551/mo*

Refinance Your Home

Home Value

Trulia Estimate

$1.04M

Since last month

$40K (+4%)

Since last year

$48K (-4.4%)

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 +56% in the last 10 years

Month	Estimated value
2026
October 2026	$1.04M
September 2026	$1.01M
August 2026	$999K
July 2026	$1.01M
June 2026	$1.01M
May 2026	$1.04M
April 2026	$1.04M
March 2026	$1.04M
February 2026	$1.02M
January 2026	$985K
2025
December 2025	$1.05M
November 2025	$1.08M
October 2025	$1.13M
September 2025	$1.09M
August 2025	$1.08M
July 2025	$1.1M
June 2025	$1.12M
May 2025	$1.16M
April 2025	$1.17M
March 2025	$1.17M
February 2025	$1.16M
January 2025	$1.16M
2024
December 2024	$1.16M
November 2024	$1.17M
October 2024	$1.13M
September 2024	$1.13M
August 2024	$1.16M
July 2024	$1.14M
June 2024	$1.16M
May 2024	$1.18M
April 2024	$1.18M
March 2024	$1.18M
February 2024	$1.13M
January 2024	$1.01M
2023
December 2023	$1.01M
November 2023	$1.01M
October 2023	$1.04M
September 2023	$1.07M
August 2023	$1.02M
July 2023	$1.07M
June 2023	$1.04M
May 2023	$1.03M
April 2023	$1.03M
March 2023	$1M
February 2023	$952K
January 2023	$951K
2022
December 2022	$963K
November 2022	$982K
October 2022	$1M
September 2022	$986K
August 2022	$973K
July 2022	$1.01M
June 2022	$1.03M
May 2022	$1.06M
April 2022	$1.06M
March 2022	$1.08M
February 2022	$1.01M
January 2022	$988K
2021
December 2021	$965K
November 2021	$941K
October 2021	$950K
September 2021	$955K
August 2021	$973K
July 2021	$952K
June 2021	$955K
May 2021	$941K
April 2021	$916K
March 2021	$907K
February 2021	$860K
January 2021	$850K
2020
December 2020	$838K
November 2020	$838K
October 2020	$811K
September 2020	$774K
August 2020	$745K
July 2020	$743K
June 2020	$737K
May 2020	$739K
April 2020	$729K
March 2020	$719K
February 2020	$720K
January 2020	$692K
2019
December 2019	$705K
November 2019	$722K
October 2019	$729K
September 2019	$739K
August 2019	$757K
July 2019	$744K
June 2019	$713K
May 2019	$703K
April 2019	$698K
March 2019	$707K
February 2019	$697K
January 2019	$691K
2018
December 2018	$726K
November 2018	$718K
October 2018	$757K
September 2018	$757K
August 2018	$775K
July 2018	$787K
June 2018	$751K
May 2018	$751K
April 2018	$743K
March 2018	$736K
February 2018	$727K
January 2018	$730K
2017
December 2017	$721K
November 2017	$722K
October 2017	$722K
September 2017	$738K
August 2017	$724K
July 2017	$711K
June 2017	$712K
May 2017	$704K
April 2017	$693K
March 2017	$692K
February 2017	$689K
January 2017	$672K
2016
December 2016	$661K
November 2016	$670K
October 2016	$668K

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
1109 McClellan Ave, Monterey, CA	0.14	Single-Family Home	$1,150,000	12/19/25	3	2	1,178
1201 Hoffman Ave, Monterey, CA	0.20	Single-Family Home	$1,020,000	05/08/26	3	2	1,250
662 Oak St, Monterey, CA	0.22	Single-Family Home	$885,000	05/12/26	3	1	1,125
755 Cypress St, Monterey, CA	0.36	Single-Family Home	$1,235,000	09/24/26	3	2	1,398
630 Terry St, Monterey, CA	0.35	Single-Family Home	$1,695,800	09/22/26	3	2	1,315
767 Lily St, Monterey, CA	0.34	Single-Family Home	$1,285,000	12/04/25	3	2	1,590
1298 Prescott Ave, Monterey, CA	0.30	Single-Family Home	$805,000	04/17/26	3	1.5	1,498
600 Oak St, Monterey, CA	0.17	Single-Family Home	$1,925,000	08/03/26	4	2	2,516
336 High St, Monterey, CA	0.38	Single-Family Home	$880,000	09/01/26	3	2	1,526
701 Archer St, Monterey, CA	0.27	Single-Family Home	$1,700,000	08/07/26	3	3	1,897

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
429 Pine St #A, Monterey, CA 93940	0.01	$893,500	3	1.5	1,064	Off Market
429 Pine St #D, Monterey, CA 93940	0.01	$888,300	3	1.5	1,050	Off Market
920 Drake Ave, Monterey, CA 93940	0.01	$826,700	2	1	757	Off Market
429 Pine St, Monterey, CA 93940	0.01	$952,300	3	2	1,050	Off Market
429 Pine St #E, Monterey, CA 93940	0.01	$888,300	3	2	1,050	Off Market
429 Pine St #B, Monterey, CA 93940	0.01	$888,300	3	1.5	1,050	Off Market
429 Pine St #F, Monterey, CA 93940	0.01	$888,300	3	2	1,050	Off Market
429 Pine St #C, Monterey, CA 93940	0.02	$875,200	3	1.5	1,015	Off Market
960 Drake Ave, Monterey, CA 93940	0.02	$935,700	2	1	992	Off Market
903 Drake Ave, Monterey, CA 93940	0.02	$894,900	1	1	-	Off Market
443 Pine St, Monterey, CA 93940	0.03	$1,396,900	3	3	2,370	Off Market
443 Pine St #B, Monterey, CA 93940	0.03	-	Studio	-	-	Off Market
385 Pine St, Monterey, CA 93940	0.03	-	Studio	2	877	Off Market
457 Pine St, Monterey, CA 93940	0.04	$1,636,900	6	5	2,450	Off Market
Oak St, Monterey, CA 93940	0.04	-	-	-	-	Off Market
456 Oak St #L, Monterey, CA 93940	0.04	-	3	1.5	1,064	Off Market
456 Oak St #H, Monterey, CA 93940	0.04	-	3	2	1,064	Off Market
456 Oak St #G, Monterey, CA 93940	0.04	-	3	2	1,064	Off Market
456 Oak St #K, Monterey, CA 93940	0.04	-	3	2	1,064	Off Market
356 Pine St #2, Monterey, CA 93940	0.04	-	2	1	800	Off Market

Local Information

Map ViewExplore the area around 940 Drake Ave.
Schools1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1964

1,154 sqft

$900/sqft

Garage

About this House

What's unique:Quiet cul-de-sacRemodeled deck

Coming available is a beautiful 3 bedroom 2 bath home in New Monterey. This home is located near Cannery Row, shopping, dining, NPS, DLI and MIIS.

This Home Features:

New Carpet

Fresh Paint

Vaulted Ceilings

Large Deck with Ocean Views

Washer/Dryer

Covered Parking

Large Backyard

Applications available online at ccrentalpro.com

Pet Policy: Case to case basis
Rental Terms: Rent: $3,200 Application Fee: $25, Security Deposit: $3,200

Rental Terms: Rent: $3,200, Application Fee: $25, Security Deposit: $3,200, Available 9/16/20

Pet Policy: Cats allowed, Dogs allowed Contact us to schedule a showing.

940 Drake Ave, Monterey, CA 93940 is a 3 bedroom, 2 bathroom, 1,154 sqft single-family home in New Monterey, built in 1964. More recently, it was listed as a rental in February 2024 with an asking price of $3,400 per month. That rental listing was removed on March 21, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,038,900, with a rent estimate of $4,823/month.

Home Details for 940 Drake Ave

Interior Features
Heating & Cooling Heating: WallHeating Fuel: Wall
Levels, Entrance, & Accessibility Stories: 1
Interior Details Number of Rooms: 9
Appliances & Utilities DryerWasher

Property Information
Year Built Year Built: 1964Year Updated: 1964
Property Type / Style Property Type: Single Family HomeArchitecture: Other

Exterior Features
Exterior Home Features Deck
Parking & Garage GarageParking: Carport, Garage

Community
Units in Building: 1

Lot Information
Lot Area: 6500 sqft

Price and Tax history

Date	Event	Price
Mar 21, 2024 Source: Zillow Rentals	ListingRemoved
Mar 7, 2024 Source: Zillow Rentals	PriceChange	$3,800 Price increased by 12%
Feb 12, 2024 Source: Zillow Rentals	Listed For Rent	$3,400
Sep 12, 2020 Source: Agent Provided	ListingRemoved	$3,200
Sep 7, 2020 Source: Agent Provided	Listed For Rent	$3,200
Jul 18, 2019 Source: Agent Provided	ListingRemoved	$3,200
Jun 27, 2019 Source: Agent Provided	Listed For Rent	$3,200

Year	Property tax	Tax assessment
2026	Unavailable	$128,446

Additional Cost

Market trends in Monterey

Last updated September 2026

Avg. sale price

$1.16M

$68.17KMoM

Sale-to-List Price

—

Price per sq ft

$726

$25MoM

Available listings

7MoM

Sourced by Trulia Market Trends

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

17 Homes For You
Buy: $700k - $4.7m

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about New Monterey

This October

Trick-or-Treat Score

Built from what locals say about New Monterey.

96% say there are sidewalks
74% say there's holiday spirit
50% say neighbors are friendly

Trulia Trick or TreatStart Ghost Hunt

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
5y 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 940 Drake Ave

What is 940 Drake Ave estimated to be worth?
Trulia's estimated value for 940 Drake Ave in Monterey, CA is $1,038,900.
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 $1.16M. That is up $68.17K from the prior month.
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 recently sold homes in New Monterey, Monterey.
Does 940 Drake Ave have laundry facilities?
Yes, 940 Drake Ave in Monterey, CA has in-unit laundry.
How big is the lot at 940 Drake Ave?
The lot at 940 Drake Ave in Monterey, CA is about 0.15 acres (6,500 sq ft).