307 Monroe ST, Monterey, CA 93940

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

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List Price
$1,275,000
Closing Date
Dec 19, 2026
MLS#
ML82061951
Status
CONTINGENT
Type
Single Family Residential
Bedrooms
2
Bathrooms
2
Living Area
1,475
Neighborhood
Old Town Monterey

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

Year Built
1947
Sewer
Sewer - Public

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