# 307 Monroe Street, Monterey, CA 93940 > **TL;DR:** 2bd/2ba single family, $1,275,000 ($864/sqft), built 1947, 1,475 sqft. > Fireplace, Hardwood, 1-car garage. Est. $6,819/mo. Listed 42 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,275,000 | | Price/sqft | $864 | | Bedrooms | 2 | | Bathrooms | 2 full | | Square Feet | 1,475 | | Year Built | 1947 | | Lot Size | 6,199 sqft (0.14 acres) | | Stories | 1 | | Garage | 1-car | | Property Type | Single Family (Single Family Residence) | | Status | Active Under Contract | | Days on Market | 42 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,447 | | Estimated Insurance | $372 | | **Total** | **$6,819** | ## Nearby Schools - **Elementary:** MontereyPeninsulaUnified - **High:** MontereyPeninsulaUnified ## Key Amenities - Fireplace - Hardwood - 1-car garage ## Property Highlights - Built in 1947 - 0.14 acre lot - 3 parking spaces - Fireplace ## Description ### Agent 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. ## Location - **Address:** 307 Monroe Street, Monterey, CA 93940 - **County:** Monterey - **Coordinates:** 36.602801, -121.900126 - **Google Maps:** https://www.google.com/maps?q=36.602801,-121.900126 ## Listing Agent - **Name:** Robert Chestnut · **License:** 02157059 - **Brokerage:** Compass - **Broker Phone:** (212) 913-9058 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/307-Monroe-St_Monterey_CA_93940_M21591-09335?f=listhub&s=MLSLCA&m=ML82061951&c=propsimple) ## Photos ![307 Monroe Street - Photo 1](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f640741497r.jpg) ![307 Monroe Street - Photo 2](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f489595179r.jpg) ![307 Monroe Street - Photo 3](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f2622286116r.jpg) ![307 Monroe Street - Photo 4](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f1231438603r.jpg) ![307 Monroe Street - Photo 5](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f490433350r.jpg) ![307 Monroe Street - Photo 6](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f1097694345r.jpg) ![307 Monroe Street - Photo 7](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f1635623895r.jpg) ![307 Monroe Street - Photo 8](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f3885878883r.jpg) ![307 Monroe Street - Photo 9](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f498800690r.jpg) ![307 Monroe Street - Photo 10](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f2894923827r.jpg) ![307 Monroe Street - Photo 11](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f2284184171r.jpg) ![307 Monroe Street - Photo 12](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f2158378647r.jpg) ![307 Monroe Street - Photo 13](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f3351238401r.jpg) ![307 Monroe Street - Photo 14](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f1159436867r.jpg) ![307 Monroe Street - Photo 15](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f2558110480r.jpg) ![307 Monroe Street - Photo 16](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f3428971657r.jpg) ![307 Monroe Street - Photo 17](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f156779468r.jpg) ![307 Monroe Street - Photo 18](http://lh.rdcpix.com/20b4cf2a30dad99656b8d07c72de13a8l-f351274936r.jpg) --- **MLS#:** ML82061951 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/307-monroe-street-monterey-ca-93940-82697d9b4c5e42bf95c0987cbd564ae3) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/307-monroe-street-monterey-ca-93940-82697d9b4c5e42bf95c0987cbd564ae3#listing", "url": "https://www.propertysimple.ai/listing/307-monroe-street-monterey-ca-93940-82697d9b4c5e42bf95c0987cbd564ae3", "name": "307 Monroe Street, Monterey, CA 93940", "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. 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