Seller's Agent in 2025
Doug Steiny
Sotheby’s International Realty
(831) 624-1566
1 in this area
129 Total Sales
338 Watson St Monterey, CA 93940
Old Town Neighborhood
5
Beds
3.5
Baths
1,975
Sq Ft
6,508
Sq Ft Lot
Highlights
- Formal Dining Room
- Open to Family Room
- Forced Air Heating System
- Monterey High School Rated A
- 2 Car Attached Garage
About This Home
As of September 2025Ocean Views, Vintage Charm & Rental Income in Old Monterey! Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1 bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities.
Last Agent to Sell the Property
Sotheby’s International Realty License #00681652 Listed on: 08/19/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1954
Lot Details
- 6,508 Sq Ft Lot
- Zoning described as R 3-5
Parking
- 2 Car Attached Garage
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 1,975 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Formal Dining Room
- Open to Family Room
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 001-375-036-000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Sold | $1,425,000 | -6.6% | $722 / Sq Ft |
| 08/29/2025 08/29/25 | Pending | -- | -- | -- |
| 08/19/2025 08/19/25 | For Sale | $1,525,000 | -- | $772 / Sq Ft |
Source: MLSListings
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,893 | $135,067 | $39,775 | $95,292 |
| 2024 | $1,893 | $132,420 | $38,996 | $93,424 |
| 2023 | $1,581 | $129,825 | $38,232 | $91,593 |
| 2022 | $1,560 | $127,281 | $37,483 | $89,798 |
| 2021 | $1,539 | $124,787 | $36,749 | $88,038 |
| 2020 | $1,486 | $123,509 | $36,373 | $87,136 |
| 2019 | $1,548 | $121,088 | $35,660 | $85,428 |
| 2018 | $1,494 | $118,714 | $34,961 | $83,753 |
| 2017 | $1,394 | $116,387 | $34,276 | $82,111 |
| 2016 | $1,371 | $114,105 | $33,604 | $80,501 |
| 2015 | $1,353 | $112,392 | $33,100 | $79,292 |
| 2014 | $1,333 | $110,191 | $32,452 | $77,739 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Steiny
-
Dorothy Coulter
Buyer's Agent in 2025
Dorothy Coulter
EXIT Realty Consultants
(408) 712-3314
2 in this area
76 Total Sales
Map
Source: MLSListings
MLS Number: ML82018507
APN: 001-375-036
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