307 Monroe St, Monterey, CA 93940

$1,275,000

307 Monroe St, Monterey, CA 93940

Low-rate opportunity
2 bed 1.5 bath 1,475 sqft Built 1947

Welcome to 307 Monroe Stan exceptional Old Monterey home offering rare walkability, a largerthantypical 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 Montereys 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 longterm desirability, 307 Monroe stands out as a rare opportunity in one of Montereys most stable micromarkets. Dont miss the chance to secure a home that blends charm, space, and walkabilityperfectly positioned for todays Monterey buyer.

Last updated: Sep 19, 2026 at 6:07 AM

Listed by Robert Chestnut (831) 574-9470

Brokerage: Compass (831) 318-0150

Details provided by MLSListings, Inc.

MLS ID: ML82061951

Payment calculations are estimates and exact amounts will be confirmed by your agent.

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