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$1,275,000

307 Monroe Street, Monterey, CA 93940

6% above the Monterey median of $1.2M (59 active listings)

56% of Monterey listings have cut their price · half have been listed 71+ days

2beds
2baths
1,475sqft
$864/sqft

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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.

Property details

Property type
Single Family
Year built
1947
Lot size
6,200 sqft
Garage spaces
1
Parking spaces
3
Stories
1
County
Monterey
Listed
1 day ago
MLS #
82061951
Listed by
Robert Chestnut · Compass

Features

  • Attached Garage
  • Off-Street Parking
  • Forced Air
  • Fireplace: Living Room
  • Flooring: Carpet
  • Flooring: Hardwood
  • Flooring: Tile
  • Roof: Composition
  • Utilities: Public Utilities
  • Sewer: Sewer - Public
  • Water: Individual Water Meter

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Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 9/19/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. MLS Listing #82061951. Listing courtesy of Compass.