307 Monroe Street, Monterey, CA 93940

$1,275,000
2
BD
2
BA
1,475
SqFt

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List Price
$1,275,000
Status
ACTIVE UNDER CONTRACT
Days on Market
91
Closing Date
Dec 19, 2026
MLS#
ML82061951
Subtype
Residential
Year Built
1947
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,475
Lot Size
6,200
Acres
0.14
MLS Area Major
Not Defined (699)

Property Description

Welcome to 307 Monroe Street an exceptional Old Monterey home offering rare walkability, a larger than typical 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 Monterey's 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 long term desirability, 307 Monroe stands out as a rare opportunity in one of Monterey's most stable micro-markets. Don't miss the chance to secure a home that blends charm, space, and walkability perfectly positioned for todays Monterey buyer.

Additional Information

Zoning
Multi Family
Flooring
Carpet, Tile, Wood
Appliances
Electric Oven, Disposal, Refrigerator
Heating
Forced Air
Air Conditioning
Yes
Roof
Composition
Parking Features
Off Street
Garage Spaces
1
School District
Other

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Robert Chestnut (robertchestnut@live.com) from Listing Office: Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.