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Located in the heart of Old Monterey, this charming 1914 home presents a rare opportunity to restore and reimagine a true local classic. With solid bones and timeless character, this 3-bedroom, 1.5-bath residence is ready for a visionary owner to create a stunning showcase home. The property offers exciting potential for renovation, including the possibility of adding an ADU or finishing the basement to expand the living space. Perched on a sunny hillside, the home enjoys city lights, hillside vistas, and peeks of Monterey Bay. Inside, abundant natural light fills the spacious floor plan, while the generous kitchen provides an ideal space for entertaining family and friends. The expansive backyard offers endless possibilities for outdoor living, gardening, or creating a private retreat. Ideally located within walking distance of downtown Monterey, Fisherman's Wharf, the Recreation Trail, local restaurants, and the popular Tuesday Monterey Farmers Market, this home combines historic charm with exceptional convenience. Whether you're looking to restore its original beauty or create your dream home, this is a rare opportunity to own a piece of Monterey's rich history.
Listing agent: William Sterling DRE #01437951 wsterling@sterlingmonterey.com, Listing office: Elemental Real Estate Services
MLS data updated 10/20/2026, 3:27:05 AM PT
Source: CRMLS, MLS #: ML82055401
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 24, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,025,000Original asking price · Jul 24, 2026ZIP 93940 · Jul 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
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