940 Madison St, Monterey, CA 93940
Property image
Property image
OFF MARKET

$75,000

Last sold price

    940 Madison St, Monterey, CA 93940

    Old Town
    Currently Off Market - Sold Feb 19, 2021 for $75,000

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    6 Madison St, Monterey, CA
    0.43
    Lot/Land
    $115,000
    12/04/25
    -
    -
    140 Stephen Pl, Monterey, CA
    0.50
    Lot/Land
    $300,000
    11/14/25
    -
    -
    148 Stephen Pl, Monterey, CA
    0.52
    Lot/Land
    $300,000
    11/17/25
    -
    -
    1015 Hillside Ave, Pacific Grove, CA
    1.37
    Lot/Land
    $498,000
    09/04/26
    -
    -
    300 Orange Ave, Seaside, CA
    2.83
    Lot/Land
    $550,000
    02/17/26
    -
    -
    1809 Vallejo St, Seaside, CA
    4.14
    Lot/Land
    $260,000
    04/10/26
    -
    -
    7567 Paseo Vis, Monterey, CA
    4.38
    Lot/Land
    $1,150,000
    07/24/26
    -
    -
    2930 Ribera Rd, Carmel, CA
    4.81
    Lot/Land
    $1,105,000
    01/28/26
    -
    -
    25600 Via Malpaso, Carmel, CA
    5.16
    Lot/Land
    $4,500,000
    09/29/25
    -
    -
    17 Rancho San Carlos Rd, Carmel, CA
    6.79
    Lot/Land
    $2,600,000
    03/11/26
    -
    -

    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
    26 El Caminito Del Norte, Monterey, CA 93940
    0.07
    $1,545,900
    3
    2
    1,646
    Off Market
    903 Jefferson St, Monterey, CA 93940
    0.05
    $2,331,200
    2
    2.5
    2,365
    Off Market
    835 Johnson St, Monterey, CA 93940
    0.08
    $1,772,400
    2
    2
    1,556
    Off Market
    981 Harrison St, Monterey, CA 93940
    0.09
    $1,462,500
    3
    2.5
    1,867
    Recently Sold
    44 El Caminito Del Norte, Monterey, CA 93940
    0.14
    $1,894,000
    5
    4
    4,000
    Off Market
    1 El Caminito Del Sur, Monterey, CA 93940
    0.17
    $1,574,300
    3
    2
    2,048
    Off Market
    926 Roosevelt St, Monterey, CA 93940
    0.14
    $1,048,000
    3
    2
    1,532
    Recently Sold
    947 W Franklin St, Monterey, CA 93940
    0.17
    $1,200,000
    6
    4.5
    2,063
    Recently Sold
    901 W Franklin St, Monterey, CA 93940
    0.18
    $1,373,300
    4
    2
    1,869
    Off Market
    1056 Harrison St, Monterey, CA 93940
    0.19
    $1,322,700
    4
    1.5
    1,655
    Off Market
    1064 Harrison St, Monterey, CA 93940
    0.19
    $989,900
    1
    1
    827
    Off Market
    457 Via Del Rey, Monterey, CA 93940
    0.22
    $1,120,000
    3
    3
    2,481
    Recently Sold

    Local Information

    • Map ViewExplore the area around 940 Madison St.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land

    About this House

    Massive Price Reduction!! Seller wants to sell asap and looks forward to an offer! There are two available residential lots, located side by side available in a great Monterey, Old Town location, close to everything! Each lot measures 40'x100'. This listing is for the vacant lot at 930 Madison St. The adjacent lot, 930 Madison St (ML81802334)., is also available for the same listing price. Purchase one or both to hold and build upon once water becomes available. Currently Monterey area has a water shortage so no new water meters are being installed. Therefore all vacant lots that do not have current water credits can not be allocated any city water at this time. There are plans underway for a desalinization plant to address this, but there is no timeline for when that or another water solution will be available.
    940 Madison St, Monterey, CA 93940 is a lot/land in Old Town. It last sold for $75,000 on Feb 19, 2021. This property is not currently displayed as for sale or rent on Trulia.

    Home Details for 940 Madison St

    Interior Features

    Heating & Cooling
    Heating: GasHeating Fuel: Gas

    Property Information

    Property Type / Style
    Property Type: Lot Land

    Lot Information

    Lot Area: 3998 sqft

    Price and Tax history

    DateEventPrice
    Feb 19, 2021
    Source: MLSListings Inc #ML81802333
    		Sold
    $75,000
    Jan 12, 2021
    Source: MLSListings Inc #ML81802333
    		Contingent
    $100,000
    Jan 12, 2021
    Source: Agent Provided
    		Pending
    $100,000
    Nov 17, 2020
    Source: Agent Provided
    		PriceChange
    $100,000
    Price decreased by 33%
    Jul 22, 2020
    Source: Agent Provided
    		Listed For Sale
    $150,000

    Market trends in Monterey

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

    Around this home

    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

    LGBTQ Local Legal Protections

    Frequently asked questions about 940 Madison St

    • What is the price history for 940 Madison St?
      940 Madison St in Monterey, CA last sold for $75,000 in February 2021.
    • Is Monterey a buyer's or seller's market?
      Monterey is currently a balanced market, based on recent for-sale activity.
    • What's the median sale price in Monterey?
      The median sale price in Monterey is $1.09M. That is down $9.17K from the prior month.
    • What do residents say about the Old Town neighborhood?
      Residents describe the Old Town neighborhood in Monterey, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Old Town, Monterey.

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