2

Old Town Homes for Sale

Section Image
  • /43

    $1,599,000

    • 3 Beds
    • 1 Bath
    • 1,198 Sq Ft

    272 Clay St, Monterey, CA 93940

    A rare opportunity to own a piece of history in this exceptional two story "TURN KEY" Victorian home perched up high on Clay Street in historic Old Town Monterey. Rebuilt from a new foundation using only high quality materials and Artisan details throughout.This delightful residence interiors boasts plenty of light, Bullnose plaster walls, a modern chefs kitchen with quartz countertops, energy

    Michele Altman Sotheby’s International Realty

    272 Clay St, Monterey, CA 93940
  • /38

    $1,875,000

    • 3 Beds
    • 2.5 Baths
    • 2,240 Sq Ft

    936 Wainwright St, Monterey, CA 93940

    Elegant 3 bedroom, 2.5 bath residence offering over 2,200 square feet of thoughtfully designed living space, exclusive of the basement and two-car garage. The upper level features a light-filled kitchen, dining area, and living room, along with a spacious primary suite with full bath. Sweeping ocean and Monterey views can be enjoyed from the kitchen, dining room, living room, and adjoining

    Christian Theroux eXp Realty of California Inc

    936 Wainwright St, Monterey, CA 93940

Why Live in Old Town

Old Town Monterey is a vibrant neighborhood rich in history and charm. Once called “Spaghetti Hill” for its Italian fishing roots, this area blends cultural heritage with modern convenience. The Old Town Historic Homes Walk is a 2-mile self-guided tour featuring 55 historic buildings, including homes listed on the National Register of Historic Places. Foodies will love the local dining scene, from Italian favorites at Cibo Ristorante to fresh seafood at Domenico’s on the Wharf. Shopping is easy with Trader Joe’s nearby and boutique shops along Alvarado Street. Outdoor enthusiasts can enjoy whale watching at Old Fisherman’s Wharf, boating from the Monterey Docks and relaxing at Del Monte Beach. Art lovers can explore rotating exhibits at the Monterey Museum of Art. A diverse mix of housing features adobe architecture, Spanish Revivals and California bungalows. With no new builds in decades, Old Town offers timeless character. Three-quarters of residents rent, making it ideal for those seeking flexibility. Families benefit from highly rated schools under the direction of the well-rated Monterey Peninsula Unified School District. Plus, with safe streets, easy transit via Monterey-Salinas buses, and Monterey Regional Airport just 5 miles away, Old Town is a practical and picturesque place to call home.

Frequently Asked Questions

Is Old Town a good place to live?
Old Town is a good place to live. Old Town is considered fairly walkable and somewhat bikeable with some transit options. Old Town is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Old Town has 6 parks for recreational activities. It is very dense in population with 16.8 people per acre and a median age of 39. The average household income is $117,348 which is above the national average. College graduates make up 59.9% of residents. A majority of residents in Old Town are renters, with 75.3% of residents renting and 24.7% of residents owning their home. A local real estate agent serving Old Town can help you decide if this neighborhood is the right one for you. Learn more on our Old Town neighborhood guide.
Is Old Town, CA a safe neighborhood?
Old Town, 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 Old Town?
The median home price in Old Town is $1,395,000. If you put a 20% down payment of $279,000 and had a 30-year fixed mortgage with an interest rate of 5.98%, your estimated principal and interest payment would be $6,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $286K a year to afford the median home price in Old Town. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Old Town is $117K.
What are the best public schools in Old Town?
The best public schools that serve Old Town are:
What are the best private schools in Old Town?
The best private schools that serve Old Town 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 Old Town, Monterey, CA?
The most popular zip codes in Old Town, Monterey, CA include 93940, 93950, 93953, 93923 and 93955.
What are the most popular neighborhoods near Old Town, Monterey, CA?
The most popular neighborhoods near Old Town, Monterey, CA are New Monterey, Monterey Vista, East Monterey, Skyline Forest and Fisherman's Flats/Josselyn Canyon.
Are home prices dropping in Old Town?
Yes, home prices in Old Town are down 5% in the last 12 months.

Home Trends in Old Town, CA

Housing Trends

Median Sale Price
$1,125,000
Median Single Family Sale Price
$1,260,250
Median 2 Bedroom Sale Price
$745,713
Average Price Per Sq Ft
$814
Number of Homes for Sale
2
Last 12 months Home Sales
17
Months of Supply
1.40
Median List Price
$1,395,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%
How to Buy a Home How to Finance a Home How to Sell a Home