307 Monroe Street, Monterey, CA 93940

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

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Listing courtesy of Robert Chestnut from Compass. 831-574-9470

List Price
$1,275,000
Status
PENDING
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
Subdivision
Ca
Neighborhood
Ca

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

Flooring
Hardwood, Tile
Heating
Forced Air
Air Conditioning
None
Stories
1
Roof
Composition Shingles
Parking Features
Attached, Off Street
Garage Spaces
1
School District
Monterey Peninsula Unified
Elementary School
Monterey Peninsula Unified
High School
Monterey Peninsula Unified

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