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New Monterey Homes for Sale

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  • /27

    $1,250,000

    • 2 Beds
    • 1.5 Baths
    • 1,865 Sq Ft

    1123 Seaview Ave, Pacific Grove, CA 93950

    Bring your vision to this Pacific Grove property with an exceptional 8,800 sq. ft. lot and plenty of potential. The two-bedroom, one-and-a-half-bath home features two brick fireplaces, a large, versatile great room, and a single-story floor plan ready for updating and personalization. Long held by the same family, this property presents a wonderful opportunity to create a home that reflects your

    Arleen Hardenstein Sotheby’s International Realty

    1123 Seaview Ave, Pacific Grove, CA 93950
  • /26

    $1,050,000

    $437K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,050 Sq Ft

    529 Wave St, Monterey, CA 93940

    CANNERY ROW FIXER UP WITH OCEAN VIEWS! Charming Coastal Opportunity. Nestled on a 4,400 sq ft lot in one of the peninsulas most coveted coastal villages, this property presents an exceptional opportunity to acquire a piece of Monterey real estate in a prime location perfect for renovation, redevelopment, or creating your dream home just steps from the water. Built in 1924, this single-family

    Tene Shake Real Brokerage Technologies

    529 Wave St, Monterey, CA 93940
  • /45

    $1,200,000

    • 3 Beds
    • 2.5 Baths
    • 1,492 Sq Ft

    819 Newton St, Monterey, CA 93940

    Enjoy the best of Monterey living in this 3 bedroom, 2.5 bath home ideally located just up the hill from Cannery Row, the Monterey Bay Aquarium, shopping, dining, and the waterfront. Bay views from the upstairs living room and primary bedroom provide a beautiful backdrop, while the lower level adds valuable additional living space. Fresh interior and exterior paint, new carpet in the upstairs

    Ryan Nunnally KW Bay Area Estates

    819 Newton St, Monterey, CA 93940
  • /29

    $1,158,000

    Open Sat 2PM - 5PM $70K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,386 Sq Ft

    2160 David Ave, Monterey, CA 93940

    Impeccably maintained, this inviting single-level residence offers the perfect blend of comfort, style, and functionality. Featuring three bedrooms and two bathrooms, the home showcases a beautifully remodeled kitchen appointed with granite countertops, a dual-fuel range, slate-look tile flooring, and a charming dining area that flows seamlessly into a light-filled solarium, creating an ideal

    Monika Campbell Compass

    2160 David Ave, Monterey, CA 93940
  • /6

    $750,000

    • 3 Beds
    • 2 Baths
    • 1,073 Sq Ft

    1260 Devisadero St, Pacific Grove, CA 93950

    Welcome to 1260 Divisadero Street, a rare offering for contractors, investors, or those looking for a blank canvas to completely reimagine. Set on a spacious, nearly 10,000 sq. ft. lot with a detached garage, carport, and workshop, the property offers a unique combination of space and versatility. Located within one of the Monterey Peninsulas most sought-after coastal communities, 1260 Divisadero

    Alexander Heisinger Compass

    1260 Devisadero St, Pacific Grove, CA 93950
  • /27

    $1,850,000

    $150K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,718 Sq Ft

    575 Foam St Unit D, Monterey, CA 93940

    In the heart of Montereys historic and vibrant Cannery Row district, this luxury residence is one of just four units designed by renowned architect Eric Miller. Offering 3 bedrooms, 2 bathrooms, in-unit laundry, secure gated garage parking, and elevator access, this top-floor residence pairs sophisticated design with effortless coastal living, making it an ideal lock-and-leave retreat. A standout

    Shelly Lynch Carmel Realty Company

    575 Foam St Unit D, Monterey, CA 93940
  • /30

    $799,000

    $176K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,247 Sq Ft

    585 Hawthorne St Unit 103, Monterey, CA 93940

    New price adjustment. 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

    Joyce Fletcher Berkshire Hathaway HS Real Time Realty

    585 Hawthorne St Unit 103, Monterey, CA 93940

Why Live in New Monterey

Perched above Monterey Bay, New Monterey offers a unique blend of history, culture and coastal beauty. This neighborhood is home to Cannery Row, once a bustling sardine hub and now a hotspot for boutique shopping, fine dining and landmarks honoring John Steinbeck. Art lovers will appreciate local galleries like Blake Fine Arts and Cheryl Watts Pottery, while foodies can savor iconic spots such as The Sardine Factory and Chart House. For a laidback vibe, Wave Street Café serves up casual fare with stunning views. Homes options are highlighted by a variety of post-World War II and midcentury designs, and include spacious multi-level properties with ocean views. Inland streets are quiet and lined with trees. Highly-rated schools such as Monte Vista Elementary and Monterey High add to the neighborhood's appeal. Outdoor enthusiasts enjoy easy access to San Carlos Beach and McAbee Beach, where kayaking and scuba diving are among the popular activities. Families can take advantage of Oak Newton Park, which features a playground, a dog park and picnic areas. Nature lovers can explore the Monterey Bay Aquarium and Harbor Seal Observation Area. The neighborhood is conveniently located to California 1, which provides access south along the coast, and Route 101, which provides access to larger Bay Area destinations to the north, such as San Jose about 70 miles away. Closer to home, Monterey-Salinas Transit buses provide public transportation to local points of interest.

New Monterey, Monterey, CA Home Prices vs. Nearby Neighborhoods

New Monterey Old Town Del Monte Beach Monterey Vista
Median Home Price
$1,150,000
$1,395,000
$899,000
$1,249,000
Median Sale Price
$1,082,500
0% YoY
$1,286,250
+14% YoY
$874,999
+3% YoY
$1,245,000
0% YoY
Median Single Family Price
$1,095,000
$1,242,700
$990,000
$1,359,000
Median Condo Price
$1,249,500
$656,000
$591,500
$675,000
Total Active Listings
7 listings
3 listings
7 listings
12 listings
Market Conditions
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

Is New Monterey a good place to live?
New Monterey is a good place to live. New Monterey is considered somewhat walkable and somewhat bikeable with some transit options. New Monterey is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. New Monterey has 6 parks for recreational activities.It is fairly dense in population with 13.0 people per acre and a median age of 43. The average household income is $92,355 which is below the national average. College graduates make up 51.2% of residents. A majority of residents in New Monterey are renters, with 68% of residents renting and 32% of residents owning their home. A local real estate agent serving New Monterey can help you decide if this neighborhood is the right one for you. Learn more on our New Monterey neighborhood guide.
Is New Monterey, CA a safe neighborhood?
New Monterey, CA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in New Monterey?
The median home price in New Monterey is $1,150,000. If you put a 20% down payment of $230,000 and had a 30-year fixed mortgage with an interest rate of 6.65%, your estimated principal and interest payment would be $5,910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $253K a year to afford the median home price in New Monterey. Learn how much home you can afford with our Home Affordability Calculator. The average household income in New Monterey is $92K.
What are the best public schools in New Monterey?
The best public schools that serve New Monterey are:
What are the best private schools in New Monterey?
The best private schools that serve New Monterey are:
  • Santa Catalina School has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.4.
  • San Carlos School has an A Niche grade, a student teacher ratio of 13:1 and an average review score of 4.7.
  • Trinity Christian School has a B+ Niche grade, a student teacher ratio of 5:1 and an average review score of 4.1.
What are the most popular zip codes in New Monterey, Monterey, CA?
The most popular zip codes in New Monterey, Monterey, CA include 93940, 93950, 93953, 93923 and 93955.
What are the most popular neighborhoods near New Monterey, Monterey, CA?
The most popular neighborhoods near New Monterey, Monterey, CA are Skyline Forest, Monterey Vista, East Monterey, Del Monte Beach and Fisherman's Flats/Josselyn Canyon.
Are home prices dropping in New Monterey?
Yes, home prices in New Monterey are down 1% in the last 12 months.
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