For sale

$1,275,000

Est. $8,509/mo —

•

1,475

sq ft

307 Monroe St, Monterey, CA 93940

About this home

Welcome to 307 Monroe Stan exceptional Old Monterey home offering rare walkability, a largerthantypical 1,475 sq ft footprint, and a beautifully maintained 2BD/2BA layout on a generous 6,199 sq ft lot. This property delivers the charm of a classic Monterey neighborhood with the space, function, and lifestyle buyers struggle to find in this price band. The home features a bright, open living area, updated systems, and a detached garage ideal for ADU potential, studio use, or secure storage. The oversized lot provides privacy, expansion flexibility, and outdoor enjoyment uncommon for the area. Located just moments from Alvarado Street dining, the Wharf, the Library, and neighborhood parks, this address offers one of Montereys most coveted walkable lifestyles. Additional advantages include a 2.25% assumable VA loan, expanding the buyer pool and enhancing affordability for qualified purchasers. With clean presentation, strong systems, and a location known for longterm desirability, 307 Monroe stands out as a rare opportunity in one of Montereys most stable micromarkets. Dont miss the chance to secure a home that blends charm, space, and walkabilityperfectly positioned for todays Monterey buyer.

Single-familyProperty Type

1947Year Built

6,200 sq ftLot Size

$864Price/Sq.Ft.

1 garage spacesParking

Listed by Robert Chestnut •DRE #02157059 • Compass

Contact: 831-574-9470

Listing updated: Sep 19, 2026 at 09:18am

Redfin checked: a minute ago

•Source:MLSListings #ML82061951

Payment calculator

$8,509 per month

Principal and interest$6,958

Property taxes

$1,328

HOA dues

Home insurance

$223

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TUE, 10AM TO 12PM
$1,695,000
3 beds2 baths1,792 sq ft
26085 S Carmel Hills Dr, Carmel, CA 93923
OPEN FRI, 11AM TO 3PM
$1,668,888
2 beds1.5 baths1,153 sq ft
166 Lighthouse Ave, Pacific Grove, CA 93950
OPEN FRI, 11AM TO 2PM
$6,795,000
3 beds2.5 baths1,806 sq ft
0 Carmelo 2 SW of 9th, Carmel, CA 93921
OPEN SAT, 11AM TO 1PM
$8,275,000
3 beds2.5 baths3,570 sq ft
1651 Crespi Ln, Pebble Beach, CA 93953
OPEN SAT, 12PM TO 3PM
$1,025,000
2 beds2 baths1,480 sq ft
154 DEL MESA CARMEL, Carmel, CA 93923
OPEN SAT, 12PM TO 2:30PM
$1,242,700
2 beds2 baths1,125 sq ft
537 Larkin St, Monterey, CA 93940
OPEN SAT, 1PM TO 3PM
$1,249,000
2 beds2 baths1,512 sq ft
3599 Eastfield Ct, Carmel, CA 93923
OPEN SAT, 1PM TO 3PM
$1,549,000
2 beds2 baths1,326 sq ft
212 1st St, Pacific Grove, CA 93950
OPEN SAT, 1PM TO 3PM
$129,000
1 bed1 bath399 sq ft
835 Kimball Ave #2, Seaside, CA 93955
OPEN SUN, 1PM TO 3PM
$1,595,000
4 beds3 baths2,320 sq ft
8 Buena Vista Del Rio, Carmel Valley, CA 93924

Around this home

Schools

K - 12
Preschool & daycare

Monte Vista

Public K-8 • Assigned • 1.0mi

6/10

Monterey High School

Public 9-12 • Assigned • 0.5mi

8/10

Provided by GreatSchools

About Old

Town

Old Town, located between Fisherman’s Wharf and the Monterey Bay Coastal Recreation Trail, is a historic and waterfront Monterey neighborhood with adobe-era streetscapes and a working-harbor edge. The neighborhood’s character concentrates along Alvarado Street near Custom House Plaza, where galleries, wine bars, and independent shops spill into the evening sidewalk scene. Cultural pillars include the Monterey Museum of Art, the Golden State Theatre, and the historic Larkin House. Architecture shifts from preserved adobes and Victorian-era facades to compact mixed-use blocks with upstairs balconies. The shoreline path frames daily routines with sea air, bikes, and long views across the bay. Pocket plazas and waterfront overlooks keep the pace walkable and public-facing.

Provided by Walk Score and Local Logic

Offer insights

307 Monroe St · $1,275,000

Strong offer

$1.32M and above

75% chance or better to win

Why $1.32M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 34 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Separate family room
Has fireplace in living room

Bedrooms
2 bedrooms

Bathrooms
2 full bathrooms
Primary bath with oversized tub and tile

Kitchen
Garbage disposal
Electric oven
Refrigerator

Laundry & utility
Washer and dryer

Flooring
Carpet
Hardwood
Tile

Heating & cooling
Forced air heating

Sale and tax history for 307 Monroe St

Sale History
Tax History

Date

Event

Price

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82061951

Sep 19, 2026

Listed

$1,275,000

$864/sq ft

Sep 18, 2026

Listed

$1,275,000

$864/sq ft

+13

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81715640

Sep 24, 2018

Sold

$805,500

$546/sq ft

Sep 24, 2018

Sold

$805,500

$546/sq ft

Sep 24, 2018

Sold

$805,500

$546/sq ft

Aug 20, 2018

Pending

—

Jul 26, 2018

Contingent

—

Jul 21, 2018

Listed

$798,000

$541/sq ft

Jul 20, 2018

Listed

$798,000

$541/sq ft

Jul 20, 2018

Listed

$798,000

$541/sq ft

+19

All the charm of yesteryear!! Architectural details not found in a new home, touches of vintage Art Deco wth coved ceilings and updated kitchen that has not lost its era that it was built in. Lath & plaster walls, arched doorways, hardwood floors and lots of built ins with natural light flooding into this 2 bedroom 2 bath home in Old town Monterey area and convenient to downtown and shopping. Enjoy your time on the rear deck and backyard for gatherings with detached garage. A chance of a lifetime to own this home that has stood the test of time and through generations. Sq ft/lot size/age/schools not verified by listing agent

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML80711016

Apr 13, 2007

Sold

$820,000

$556/sq ft

Apr 13, 2007

Listing Removed

—

Mar 17, 2007

Sold

$820,000

$556/sq ft

Mar 6, 2007

Listed

$839,900

$569/sq ft

Mar 6, 2007

Listed

$839,900

$569/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$8,453 (+7.9%)

$512,020 + $404,495

$916,515

2024

$7,835 (+1.7%)

$501,981 + $396,564

$898,545

2023

$7,700 (−17.3%)

$492,139 + $388,789

$880,928

2022

$9,311 (+1.5%)

$482,490 + $381,166

$863,656

2021

$9,176 (+3.9%)

$473,030 + $373,693

$846,723

2020

$8,829 (−4.7%)

$463,755 + $366,366

$830,121

2019

$9,267 (+4.8%)

$459,000 + $362,610

$821,610

2018

$8,843 (+23.3%)

$450,000 + $355,500

$805,500

2017

$7,175 (+3.0%)

$415,000 + $265,000

$680,000

2016

$6,964 (+1.0%)

$415,000 + $265,000

$680,000

2015

$6,894 (+19.5%)

$402,000 + $257,000

$659,000

2014

$5,769 (+15.2%)

$332,000 + $212,000

$544,000

2013

$5,006 (−15.3%)

$332,000 + $212,000

$544,000

2012

$5,908 (−6.0%)

$293,000 + $187,000

$480,000

2011

$6,285 (−3.0%)

$325,000 + $235,000

$560,000

2010

$6,480 (−1.0%)

$365,854 + $234,146

$600,000

2009

$6,542 (−13.8%)

$387,600 + $248,064

$635,664

2008

$7,589

$387,600 + $248,064

$635,664

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,200 Sq. Ft.

Year renovated

1947

Finished Sq. Ft.

1,475

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,475

Year built

1947

Style

Single Family Residential

County

Monterey County

APN

001375013000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

R-3-6

Residential Medium Density Multifamily Dwelling District

The R-3 Residential Medium Density Multifamily Dwelling District is intended to provide opportunities for garden apartments, townhouses, and cluster housing in neighborhoods at densities up to 30 units per acre. A second number -5, -6, etc. indicates the minimum lot area and dimensions and the property development standards that apply. Supporting recreational, religious, educational and community facilities also are allowed.

Permitted uses

Include but are not limited to:

Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Infrastructure

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 76° expected this year, 17 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

8 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Monterey, CA • 93940

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.8 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

10.8 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 307 Monroe St

$1,286,978

$12K over list price of $1.28M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $1.1M to $1.4M.

SOLD JUN 26, 2026
$1,260,000 Last sold price
3 beds2 baths1,612 sq ft
424 Herrmann St
Holly Graham Real Estate
$82/sq ft
larger lot
7 years older
SOLD JUN 30, 2026
$1,195,000 Last sold price
3 beds2 baths1,302 sq ft
563 Pearl St, Monterey, CA 93940
$54/sq ft
smaller lot
17 years older
SOLD MAY 26, 2026
$1,435,000 Last sold price
3 beds2 baths1,646 sq ft
710 Woodcrest Ln, Monterey, CA 93940
$8/sq ft
larger lot
16 years newer
SOLD JUL 20, 2026
$1,150,000 Last sold price
3 beds2 baths1,059 sq ft
36 Wellings Pl, Monterey, CA 93940
$222/sq ft
4 years newer
BOUGHT WITH REDFIN DEC 4, 2025
$1,285,000 Last sold price
3 beds2 baths1,590 sq ft
767 Lily St, Monterey, CA 93940
$56/sq ft
smaller lot
4 years older
SOLD JUL 22, 2026
$1,100,000 Last sold price
3 beds2 baths1,294 sq ft
640 Alice St, Monterey, CA 93940
$14/sq ft
smaller lot
12 years newer

Rental earnings

Est. $4,185 per month, based on comparable rentals

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(831) 740-8059

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New listings for sale in 93940

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307 Monroe St, Monterey, CA 93940

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Details provided by MLSListings and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 307 Monroe St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 307 Monroe St

Early Access listings

Nearby similar homes

New listings for sale in 93940

More real estate resources