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.
Property Details
Price:
$1,275,000
MLS #:
ML82061951
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Sep 18, 2026
Finished Sq Ft:
1,475
Lot Size:
6,200 sqft / 0.14 acres (approx)
Year Built:
1947
See this Listing
Schools
School District:
Other
Interior
Appliances
GD, RF, EO
Bathrooms
2 Full Bathrooms
Cooling
NO
Flooring
TILE, WOOD, CARP
Heating
FA
Exterior
Attached Garage YN
1
Common Walls
NCW
Garage Spaces
1
Parking Spots
3
Parking Total
3
Roof
CMP
Financial
Map
Community
- Address307 Monroe ST Monterey CA
- CityMonterey
- CountyMonterey
- Zip Code93940
Market Summary
Current real estate data for Single Family in Monterey as of Oct 18, 2026
86
Single Family Listed
92
Avg DOM
782
Avg $ / SqFt
$1,679,487
Avg List Price
Property Summary
- 307 Monroe ST Monterey CA is a Single Family for sale in Monterey, CA, 93940. It is listed for $1,275,000 and features 2 beds, 2 baths, and has approximately 1,475 square feet of living space, and was originally constructed in 1947. The current price per square foot is $864. The average price per square foot for Single Family listings in Monterey is $782. The average listing price for Single Family in Monterey is $1,679,487.
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307 Monroe ST
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