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New Monterey Homes for Sale

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  • /22

    $998,000

    Open Sun 10:30AM - 12:30PM
    • 2 Beds
    • 2 Baths
    • 1,118 Sq Ft

    677 Taylor St, Monterey, CA 93940

    Located in neighborhood of New Monterey, this distinctive residence is rich in character and architectural charm. Conceptualized by a former owner/builder in collaboration with local architect Gino Bushini in the 80s, the home is affectionately recognized by locals as the house like the Alamo or the nautical house. Designed for comfort and functionality, the home features two bedrooms and two

    Agent Photo

    Alecia Hull

    Sotheby’s International Realty

    677 Taylor St, Monterey, CA 93940
  • /20

    $1,399,000

    Open Sun 1PM - 3PM $96K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,500 Sq Ft

    668 Alice St, Monterey, CA 93940

    Tucked into a coastal neighborhood where the air feels lighter and time slows just enough, this single-level home offers simple, effortless living. Featuring 4 bedrooms and 3 baths, 668 Alice Street welcomes you with tasteful upgrades, warm finishes, and a layout designed for ease and flow. Every detail reflects pride of ownership, with thoughtfully improved spaces throughout. The backyard serves

    Pete Ruiz Keller Williams Realty

    668 Alice St, Monterey, CA 93940
  • /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
  • /52

    $1,125,000

    • 3 Beds
    • 1.5 Baths
    • 1,477 Sq Ft

    814 Parcel St, Monterey, CA 93940

    Welcome to this bright and cheerful home perched in the hills above Monterey Bay. Inside you will find comfort, peek of the bay from the living room, an open kitchen, and three bedrooms all situated on the main-level. The home creates a light-filled setting that is thoughtfully designed throughout, including the lower level with its spacious family room and direct access to the backyard, complete

    Lucie Campos Coldwell Banker Realty

    814 Parcel St, Monterey, CA 93940
  • /39

    $1,780,000

    Open Sun 1PM - 3:30PM
    • 3 Beds
    • 3 Baths
    • 1,897 Sq Ft

    701 Archer St, Monterey, CA 93940

    Enjoy coastal living in this Monterey Bay beach house offering sweeping ocean views and a prime location just blocks from the shoreline, coastal dining, boutique shopping, and recreation trails. The home features three bedrooms and three full bathrooms with a functional floor plan designed for comfort and versatility. An oversized garage provides additional storage. Expansive front-facing windows

    Yvonne Hubbard Coldwell Banker Realty

    701 Archer St, Monterey, CA 93940
  • /43

    $1,085,000

    Open Sun 11AM - 1PM
    • 3 Beds
    • 2 Baths
    • 1,540 Sq Ft

    2363 Irving Ave, Monterey, CA 93940

    Experience the best of coastal living in this beautifully refreshed 3-bedroom, 2-bathroom home with a reverse floor plan designed to capture ocean views. The light-filled upper level features soaring vaulted ceilings and an open-concept living, dining, and kitchen area, creating an inviting space that's perfect for everyday living and entertaining. Freshly painted throughout, the home offers a

    Annette Boggs Above and Beyond Real Estate

    2363 Irving Ave, Monterey, CA 93940
  • /30

    $975,000

    • 2 Beds
    • 1.5 Baths
    • 792 Sq Ft

    399 Hoffman Ave, Monterey, CA 93940

    Just blocks from Monterey Bay, 399 Hoffman Avenue offers the opportunity to own a classic New Monterey cottage in one of the Peninsula's most sought-after neighborhoods. Enjoy easy access to the Recreation Trail, Cannery Row, the Monterey Bay Aquarium, beaches, waterfront dining, boutique shopping, and all the attractions that define Monterey's coastal lifestyle. Filled with natural light, this

    Dave Lucas Coldwell Banker Realty

    399 Hoffman Ave, Monterey, CA 93940
  • /32

    $869,000

    $81K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,114 Sq Ft

    642 Cypress St, Monterey, CA 93940

    Escape to the coast with this rare opportunity to own a competitively priced home in highly desirable New Monterey, located directly across from Cypress Street Park. This 1,114-square-foot cottage offers two bedrooms and one bathroom in a highly desirable, peaceful neighborhood. Brimming with character and potential, the home features hardwood floors, fresh interior and exterior paint, updated

    Denise Miotke Sotheby’s International Realty

    642 Cypress St, Monterey, CA 93940
  • /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

    $805,000

    $170K 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
  • /45

    $1,985,000

    • 5 Beds
    • 4 Baths
    • 2,214 Sq Ft

    824 Archer St, Monterey, CA 93940

    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

    Shelly Sherman Bennett Realtors

    824 Archer St, 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 Home Prices vs. Nearby Monterey, CA Neighborhoods

New Monterey Old Town Del Monte Beach Old Monterey
Median Home Price
$1,175,000
$1,395,000
$899,000
$1,125,000
Median Sale Price
$1,150,000
+4% YoY
$1,322,500
+14% YoY
$874,999
+8% YoY
$1,087,150
Median Single Family Price
$1,105,000
$1,322,500
$1,000,000
$1,087,150
Median Condo Price
$1,252,500
$745,713
$600,000
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Total Active Listings
10
2
7
0
Market Conditions
4 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
0 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 $1,175,000. If you put a 20% down payment of $235,000 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $5,940 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $255K 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 Monterey Vista, Skyline Forest, 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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