$1,177,968Average Value$909Average Price per Sq Ft6Homes For Sale
Living above Cannery Row
Despite its name, the coastal neighborhood of New Monterey has plenty of history. Located on a hill above Monterey Bay and the waves of the Pacific Ocean, the neighborhood includes Cannery Row, a district made famous in 1945 by John Steinbeck. Once a row of sardine canning factories thriving in the 1940s, Cannery Row has since transformed into a lively street of boutique shopping and upscale restaurants. “You get to be very popular with your family when you live in New Monterey,” says Dean Province of Sotheby’s International Realty, who has nearly four decades of experience in the area. “All of a sudden, relatives you didn’t even know you had will call you up to plan a visit.” While shopping and dining are the area’s main draws, fishing and relaxing on the beach are as popular now as they were back in Steinbeck’s era. Locals and visitors alike visit the John Steinbeck and Cannery Row monuments, paying homage to the past.
Old Fisherman's Wharf in New Monterey is a great spot to see the water.
New Monterey has beautiful views of the water.
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Shopping Cannery Row and dining at the Sardine Factory
Cannery Row overlooks the waterfront from New Monterey’s northeast end. High-end art galleries, jewelry and clothing stores do business in this vibrant waterfront area. Diners check out The Sardine Factory, one of the most renowned restaurants in the country, which has served fresh seafood since 1968. Housed in a refurbished building that used to be a mess hall for sardine canners, the restaurant won Wine Spectator’s “Award of Excellence” in 2023. Chart House has white tablecloths and floor to ceiling windows with views of the Pacific and an extensive steak and seafood menu. Wave Street Café has an outdoor patio with umbrella-covered tables. Diners can enjoy the Mediterranean architecture while dining on breakfast and lunch favorites. Trader Joe’s and Safeway both have locations in the neighborhood for convenient grocery shopping.
Italian Deli offers delicious sandwiches and lunch meat in the New Monterey area.
Chart House offers a wide variety of food in their menu.
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Relaxing at San Carlos Beach
Residents can bring a picnic and sit on the sand at San Carlos Beach, looking out at Monterey Harbor. McAbee Beach, in the shadows of New Monterey’s restaurants, is a popular spot for kayakers and scuba divers to launch into the harbor. The Monterey Bay Aquarium has been popular since its opening in 1984; it has an open sea exhibit featuring tuna, sea turtles and puffins, and other exhibits highlighting sharks, penguins and a giant octopus. For more wildlife viewing, the Harbor Seal Observation Area is a fun spot to check out the local seals lying on the beaches and rocks around the bay. Away from the water, Oak Newton Park has playground for kids, a dog park and green space for picnics.
San Carlos Beach offers white sands and rich history.
Discover tranquility at Oak Newton Park in Monterey.
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California bungalows in the hills
Pricing in New Monterey depends on location more than the size or age of the home. “You want to be on the upside of a hill because those homes will have a view of the ocean from the living spaces,” says Gianna Malfitano of Compass Realty, who has five years of experience in Monterey. Updated ranch-style houses and California bungalows, depending on views, cost between $875,000 and $1.5 million. Larger, two-story houses with back porches and ocean views cost between $1.4 million and $1.9 million, while renovation-ready ranch-style houses cost between $770,000 and $870,000. “A first-time buyer can still get an original 1950s house for a decent price and put some sweat equity into it,” says Province. The prices are more affordable than much of the peninsula. Homes near Cannery Row will deal with noise from the traffic, but houses further inland sit on quiet residential streets shaded by mature trees with private driveways and garages for parking. Waterfront condos and townhouses near Cannery Row sell for $1.9 million to $2.7 million.
Single-family homes are cozy in Monterey, California.
There are a lot of single story homes built in the New Monterey area.
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Monterey High has an A grade
Kids in the area head to Monte Vista Elementary School, which holds a B-plus Niche rating. The K-8 school is part of the Monterey Peninsula Unified School District. Teens attend Monterey High School, which holds an A rating. The school was founded in 1905 and named a Niche Standout California High School in 2023. Students can enroll in the Academy of Oceanographic Science, which prepares them for a degree at a four-year university. The school also has an Art, Media and Performance Academy.
Excelling at Monterey High School, where learning transforms into achievement.
Dedicated teachers at Monte Vista Middle School enhance education in Monterey Vista.
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Route 101 to San Jose
New Monterey is just 5 miles from the Monterey Regional Airport, which has daily flights to several locations across the U.S. Route 101 takes locals 70 miles up the road to San Jose, while the Monterey-Salinas Transit buses provide local transportation.
There are a lot of bus stops in the New Monterey area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the New Monterey neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
New Monterey
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
3
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
New Monterey Demographics and Home Trends
On average, homes in New Monterey, Monterey sell after 63 days on the market compared to the national average of 53 days. The median sale price for homes in New Monterey, Monterey over the last 12 months is $1,117,654, down 13% from the median home sale price over the previous 12 months.
Up the hill from Cannery Row and Lighthouse Avenue, in the area of Monterey known for its far-reaching views of the Pacific Ocean stretching beyond a vibrant, charming cityscape, this two-story home is the brilliant result of a full interior and exterior renovation. Revel in the modern coastal design as you walk across brand new LVP flooring through bright rooms that glimmer with lustrous,
Enjoy sweeping views of Lovers Point, Moss Landing, and Santa Cruz from this light-filled contemporary home. A front balcony with modern cable railing, set beneath a mature coast live oak, creates an elegant arrival. Inside, cathedral ceilings and a sleek gas fireplace define the open main living space. The home offers three bedrooms and two updated baths, including a soaking tub and walk-in
Rare opportunity to acquire a well-located triplex in the heart of New Monterey. This property features three single-level units with functional, well-designed layouts and attractive finishes that appeal to todays tenants. Ideally positioned within easy walking distance to Downtown Monterey, residents can enjoy quick access to shops, restaurants, and everyday conveniences. The beach, Cannery Row,
Spacious gem in heart of New Monterey...Bay views!...City light views!...Santa Cruz Mountain views!...Orange glow skies at sunset!...Lots of light throughout...Centrally located to Cannery Row, Pacific Grove, Pebble Beach...Reverse flr pln w/bamboo flrs...Vaulted ceilings...Huge atrium windows...Fantastic, modern updates throughout, especially in kitchen with high-end Miele appliances...huge
Discover coastal living at its best in one of Montereys most sought-after neighborhoods. This beautifully remodeled 1926 two-story blends timeless character with fresh, stylish updates and Monterey Bay views. Step into a charming living room filled with warmth and personality, then flow into an updated kitchen with new cabinets, counters, and flooring. The nearby laundry with sink and hookups may
Rare opportunity to own a 4-unit mixed-use commercial and residential property in the heart of Monterey, just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two street-facing commercial units front busy Lighthouse Avenue, offering excellent visibility and foot traffic. The property also includes two residential units: a 2BD/1BA apartment above the commercial spaces with
Welcome to this charming 2-bedroom, 1-bath home offering a unique blend of location, lifestyle, and opportunity. With 789 square feet of thoughtfully used living space on a 5,000 sq. ft this home is perfect as a primary residence or coastal retreat. The property provides rare outdoor space in one of Montereys most sought-after neighborhoodsideal for gardening, entertaining, or future expansion. A
This 1,114-square-foot cottage offers two bedrooms and one bathroom in a highly desirable location across from Cypress Street Park in New Monterey. Brimming with character and potential, the home features hardwood floors, fresh interior and exterior paint, and new carpet. A private carport is accessed via a shared driveway from Lily Street. Important updates have already been completed, including
Discover an incredible investment opportunity with this amazing 4-plex in sought-after New Monterey! Featuring plans for an additional 2-bed accessory dwelling unit, this property offers immense potential. Each unit is a spacious 2-story townhouse with tasteful upgrades, ensuring comfortable and modern living. Perfectly situated near Cannery Row, Pacific Grove, and the Taylor Street gate to the
Enjoy comfortable coastal living in this beautifully maintained 1,247 sq. ft. condo featuring two bedrooms and two full bathrooms, all conveniently located on the ground floor with amazing views of the bay and city lights, enjoyed from a covered patio, perfect for relaxing and entertaining. The inviting living room is warmed by a gas fireplace, while the open-concept kitchen provides a functional
Joyce FletcherBerkshire Hathaway HS Real Time Realty
Well-located, fully renovated triplex within walking distance to the ocean and Cannery Row. All units have been updated within the last five years, offering low deferred maintenance and strong rental appeal. The property consists on two-2 bedroom/ 1-bath units and one 1-bedroom/1-bath unit, with one of the units having some view of the ocean. On-site-coin-operated laundry provides additional
Available: Apr 2nd Application Fee is required. No move-in Fee No Pet Fee Welcome to this beautifully updated 2-bedroom, 2-bathroom condo, where panoramic views of Monterey Bay create a breathtaking backdrop for daily living. Spanning approximately 1,150 sq ft, this light-filled home features a lovely master suite, and both full bathrooms have been recently remodeled for modern elegance. Enjoy
Enjoy a Staycation Every Day..at HOME! Charming 312 sf. Fully Furnished and Renovated STUDIO w/Separate Entrance and Hardwired Alarm. Ocean Views from its Fountain Patio w/built-in seating. Located 5 blocks from Cannery Row w/quick hop onto picturesque Coastal Bike Path, or walk to Beach, Downtown, and Fisherman's Wharf. On Street Parking only. Exterior Motion Entry Light and Security Camera,
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