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$895,000$949,000$54K price cut

37 Portola Avenue, Monterey, CA 93940

$949K$895K$54K below original ask (6%)· reduced Aug 27

28% below the Monterey median of $1.2M (61 active listings)

56% of Monterey listings have cut their price · half have been listed 70+ days

2beds
1baths
748sqft
$1197/sqft

About this home

Tucked into Monterey's sun belt a short stroll from Del Monte Beach, this fully renovated Spanish bungalow lives far larger than its footprint. The bright, open main house pairs 1924 character with a remodeled kitchen featuring quartz counters, stainless appliances, and designer tile, plus a beautifully updated bath and two restful bedrooms. Outside is where it wins: a rare street-to-street lot with a private fenced yard, multiple patios for dining al fresco, and a versatile detached bonus space with rear access, ready for your office, gym, or creative pursuits. Walk or bike to the Rec Trail, the wharf, and downtown in minutes, then come home to sunshine while the fog settles elsewhere. Turnkey and proven as a high-performing rental, it shines as a full-time residence, coastal getaway, or income property. Homes offering this location, condition, and flexibility rarely surface at this price. Leave by the back gate and your toes are in the sand in about five minutes.

Property details

Property type
Single Family
Year built
1924
Lot size
3,200 sqft
Stories
1
View
Other
County
Monterey
Listed
60 days ago
MLS #
82054164
Listed by
Mike Meza · Sotheby's International Realty

Features

  • Off-Street Parking
  • Central Forced Air - Gas
  • Forced Air
  • Other
  • Flooring: Laminate
  • Flooring: Tile
  • Roof: Polyurethane
  • Roof: Tar and Gravel
  • Construction: Stucco
  • Construction: Wood Frame
  • Garden Window
  • Security Fence
  • Double Pane Windows
  • Walls Insulated
  • Lot: Grade - Level
  • Utilities: Public Utilities
  • Sewer: Sewer Connected
  • Water: Public

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Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 9/12/2026. 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 #82054164. Listing courtesy of Sotheby's International Realty.