FIRST TIME ON THE MARKET IN 26 YEARS… In Old Town Monterey, two homes thoughtfully sited as neighboring residences on a large 9,035sf lot with separate PG&E meters and yards too. Together they offer great potential whether an investment property or owner-occupied with a rental. A pre-1926 historic English Tudor Revival residence, 541 is two stories with a striking high pitched wood vaulted ceiling Great Room that curves above the Dining area with bay windows, 1,181sf, 2 Beds, 1.5 Baths and one car garage. Built in 1950, 539 has a character of its own, also with a vaulted wood ceiling Great Room and wood walls too, a cozy 563sf 1 Bed, 1 Bath and large front patio. A block up from Monterey’s historic downtown, walking distance to restaurants and shops, Monterey Bay, the wharf, and all the City of Monterey has to offer.
Property Details
Price:
$1,795,000
MLS #:
ML82024051
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699
Listed Date:
Oct 7, 2025
Finished Sq Ft:
1,181
Lot Size:
9,035 sqft / 0.21 acres (approx)
Year Built:
1932
See this Listing
Schools
School District:
Other
Interior
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
NO
Heating
FF, WL
Laundry Features
IG
Exterior
Parking Spots
2
Roof
CMP
Financial
Map
Community
- AddressW Franklin ST Monterey CA
- CityMonterey
- CountyMonterey
- Zip Code93940
Market Summary
Current real estate data for Single Family in Monterey as of Oct 30, 2025
52
Single Family Listed
176
Avg DOM
747
Avg $ / SqFt
$1,764,499
Avg List Price
Property Summary
- W Franklin ST Monterey CA is a Single Family for sale in Monterey, CA, 93940. It is listed for $1,795,000 and features 3 beds, 3 baths, and has approximately 1,181 square feet of living space, and was originally constructed in 1932. The current price per square foot is $1,520. The average price per square foot for Single Family listings in Monterey is $747. The average listing price for Single Family in Monterey is $1,764,499.
Similar Listings Nearby
Courtesy of Carmel Realty Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.W Franklin ST
Monterey, CA