New Monterey Community - Monterey, CA
New Monterey Homes For Sale
The New Monterey neighborhood is ideally located in the coastal beach town of Monterey, California. Situated just south of the downtown area is a mixed neighborhood filled with older historic homes mixed in with newer estate homes as pictured above. Some of the homes are within close proximity to the Cannery Row area as well as the beach. Below are the current New Monterey properties for sale and for lease in Monterey. Please contact us at 888-990-7111 with questions regarding any of the properties listed for sale here.
New Monterey Homes For Sale
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Pacific Grove 1157 Forest Ave
1157 Forest Avenue presents a rare mixed-use investment opportunity in one of the Monterey Peninsula's most desirable commercial corridors. Located directly across from Trader Joe's and within a block of Safeway and Lucky, the property benefits from exceptional visibility and daily traffic counts of approximately 17,663 vehicles. The 8,402 square-foot building sits on a large 22,651 square-foot lot and is currently home to nine tenants, including a popular pizzeria, professional service providers, a hair salon, a window showroom, and two residential one-bedroom apartments. Beyond its current income, the property offers significant upside and redevelopment potential. Under the city's updated zoning framework designed to encourage higher-density housing, the site may support redevelopment of up to 24 market-rate residential units (buyer to verify). Additional income potential exists through tenant improvements or changes in use if a cannabis retail license is secured, or if portions of the warehouse space are converted to additional residential units. This combination of stable existing income, exceptional location, and long-term development potential makes 1157 Forest Avenue a uniquely compelling investment opportunity in Pacific Grove.$2,988,000
KW Coastal Estates 
Pacific Grove 1157 Forest Ave
1157 Forest Avenue presents a rare mixed-use investment opportunity in one of the Monterey Peninsula's most desirable commercial corridors. Located directly across from Trader Joe's and within a block of Safeway and Lucky, the property benefits from exceptional visibility and daily traffic counts of approximately 17,663 vehicles. The 8,402 square-foot building sits on a large 22,651 square-foot lot and is currently home to nine tenants, including a popular pizzeria, professional service providers, a hair salon, a window showroom, and two residential one-bedroom apartments. Beyond its current income, the property offers significant upside and redevelopment potential. Under the city's updated zoning framework designed to encourage higher-density housing, the site may support redevelopment of up to 24 market-rate residential units (buyer to verify). Additional income potential exists through tenant improvements or changes in use if a cannabis retail license is secured, or if portions of the warehouse space are converted to additional residential units. This combination of stable existing income, exceptional location, and long-term development potential makes 1157 Forest Avenue a uniquely compelling investment opportunity in Pacific Grove.$2,988,000
KW Coastal Estates 
Monterey 591 Lighthouse Ave
585 - 599 Lighthouse Ave and 584 Hawthorne in Monterey CA is available for sale for the first time in over 25 years. The listing includes three parcels, of which two have buildings on Lighthouse Ave and the third is a parking lot that goes back to Hawthorne.$2,200,000
Baird Partnership, Inc. 
Monterey 675 Pine St
Welcome to this impeccable Victorian masterpiece, where timeless elegance meets modern luxury. This exceptionally updated 5-bedroom, 3.5-bathroom residence offers breathtaking ocean views from your front windows to the living room and throughout, supplying you with your daily dose of our iconic coastline. Experience what coastal living at its finest could be from the ocean view living room with fireplace, the elegant separate dining area with its own fireplace, the hardwood floors, recessed lighting, kitchen with bar height counter and breakfast nook, skylights, and the light and bright ambience throughout the entire home. Accommodating everything you may need and more, whether it is visiting guests, or a need for a home office it is all here. Including separate upstairs living quarters, complete with bathroom, kitchen, eating area, and double doors opening to front-row seats gazing toward Monterey Bay's natural splendor right from your deck. Wake up to misty mornings over the bay, hop over to historic Cannery Row or the Monterey Aquarium in the afternoon, spend evenings exploring tide pools, all from this impeccable Victorian masterpiece.$1,969,000
Coldwell Banker Realty 
Monterey 701 Archer St
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 showcase scenic ocean views across the full width of the home. Ocean views can also be enjoyed from select bedrooms, the front patios, and the front deck, creating inviting spaces to relax and take in the coastal setting. The kitchen is equipped with premium appliances and designed for both everyday living and entertaining. The generous backyard provides space for outdoor enjoyment and gardening, featuring mature fruit trees, a bocce ball court, and areas ideal for entertaining. Located minutes from Cannery Row, the Monterey Bay Aquarium, the wharf, and coastal recreation trails, the property offers convenient access to Montereys renowned coastal attractions, historic landmarks, and year-round community events.$1,780,000
Coldwell Banker Realty 
Monterey 830 Parcel St
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 DLI, the location is ideal for attracting renters. Enjoy a fantastic rent roll with room for growth in this prime spot above the iconic Monterey Bay. Just minutes from downtown Monterey, Cannery Row, and Downtown Pacific Grove, this property combines convenience and charm in one of the most desirable areas. Don't miss out on this unique investment in a truly unbeatable location!$1,695,000
Real Brokerage Technologies 
Monterey 721 Oak St
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, high-quality finishes. Store your favorite kitchen accessories in creme white cabinetry, and prepare meals on gorgeous quartz counters. A white tile backsplash honors the crisp, clean, beachy palette, offset tastefully by champagne bronze fixtures and stainless-steel appliances. Every choice, from Chantilly Lace walls and satin white trim, to modern vanities in the bathrooms and a coastal-inspired chandelier in the dining area, feels fully intentional. Those with an eye for true sophistication will appreciate the flexible layout that encourages just the right balance of privacy and togetherness. Whether you are entertaining friends or cohabitating, each person will feel at home in their own space. The top-level balcony is the perfect spot to enjoy ocean views, while the expansive fenced backyard, meticulously landscaped for low-maintenance living, invites you to create a dream outdoor ambiance.$1,595,000
Keller Williams Realty 
Monterey 1113 Mcclellan Ave
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, Monterey Bay Aquarium, and other iconic Monterey amenities are just a short stroll away, making this an exceptionally desirable rental location. Close proximity to the Defense Language Institute, Middlebury Institute of International Studies, and Naval Postgraduate School creates consistent rental demand and contributes to a strong, healthy rent roll. The property has been well maintained and offers a turnkey investment with long-term upside in one of Montereys most sought-after neighborhoods. Offered for the first time on the market, this is a rare chance to own a legacy multifamily asset in a prime coastal location with proven income performance and excellent walkability.$1,500,000
Real Brokerage Technologies 
Monterey 529 Wave St
Ocean Views on Cannery Row: 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 residence combines historical character with outstanding potential. Just steps from the scenic Monterey Bay Coastal Trail, world-class dining, boutique shopping, and the iconic Cannery Row entertainment district. Key Highlights: Desirable New Monterey location with close proximity to coastal amenities, recreation, and cultural attractions. Ideal for those seeking a personal residence, investment property, or renovation project in an enviable Monterey setting. Whether you're drawn to coastal living, historic charm, or investment potential. Brokers and agents cannot guarantee the accuracy of square footage, permits, lot size, or condition. Buyers should verify all information with licensed professionals. Some pictures are digitally altered to reflect virtual staging.$1,486,500
Real Brokerage Technologies 
Monterey 879 Lottie St
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 island...soft-touch cabinets...beautiful tile-work...Newly remodeled primary bath with gorgeous walk-in shower and huge skylight...Expansive, panoramic views across bay fill 3d flr bed...Great primary suite w/awesome views through wall of windows...More vaulted ceilings...Composite lower/upper decks in back yard...with hot tub....appx 1900, 4/2.5=Fabulous ocean view retreat! Must see today! ***Seller open to carry options.$1,399,000
eXp Realty of California Inc 
Monterey 779 Alice St
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 shower. The spacious primary suite accommodates a king-size bed. A lower-level guest room features a built-in queen Murphy bed with shelving, while the front bedroom is currently used as a private home theater. Ample storage, smart-home features, and modern conveniences include keyless entry, Philips Hue lighting, programmable thermostat, central gas heat, Bosch appliances, new Whirlpool refrigerator, in-home laundry, and a one-car garage. Fresh interior paint and colorful fused-glass windows by local artist Shelby Hawthorne add a refined finishing touch.$1,199,000
Sotheby's International Realty 
Monterey 705 Grace St
Gorgeous Monterey Bay views from almost every room! Perched along the scenic Monterey coastline, this updated three-bedroom + office, two-bath home has unbeatable ocean views! Both charming and sustainable, the fully owned solar panels add an eco-friendly bonus, keeping energy costs low without sacrificing comfort. The efficient mini split heating and cooling system will keep you comfy year-round. But the true gem? An expansive ocean view that stretches across the horizon, making every window a frame for Monterey's natural beauty. This home offers the perfect blend of charm, efficiency, and location ideal for those seeking a coastal lifestyle. There is the potential for an ADU upstairs as there is a separate entrance and two extra water credits are available. The home is centrally located in a great neighborhood close to Monterey's Cannery Row, the Aquarium, recreational trails, grocery stores, shopping, and restaurants. You must see this for yourself - do not miss the chance to experience ocean-view living at its finest!$1,199,000
Coldwell Banker Realty 
Monterey 1201 Hoffman Ave
This light and airy 3-bedroom, 2-bathroom home is perfectly situated in Monterey, near Cypress Street Park. Featuring a reverse floorplan, the primary living spaces are elevated to capture natural light and a pleasant view of the ocean. The interior has been refreshed with new carpet and paint, making it move-in ready for the next owner. A convenient one-car garage provides secure parking and additional storage options. Enjoy the best of coastal living with easy walking to Pacific Grove and Monterey's Cannery Row. Don't miss this little gem!$1,120,000
Sotheby's International Realty 
Monterey 1694 Prescott Ave
Perched high on the hill & tucked away on a private lot, this lovely 3 bedroom, 2 bath home rests peacefully in the heart of beautiful Monterey. The 1,680 sqft home unfolds with an easy, welcoming flow, thoughtfully designed & perfectly suited for relaxed coastal living. Natural light pours into a spacious kitchen where tile countertops create a durable & stylish place for meals to be prepared & memories to be made. Nearby, the living area gathers around a cozy fireplace, a warm & inviting focal point for quiet evenings & shared moments. Oversized bedrooms & abundant closets allow more flexibility in use of space. Step outside as sunlight washes across the generous private deck as it moves overhead, casting soft light through the surrounding branches to revealing peeks of blue ocean beyond. From this vantage point, the outdoor space feels serene & secluded, ideal for relaxing in the gentle coastal air. The 2 car garage sits ready with ample room for vehicles & storage, while an indoor laundry area adds everyday convenience. Fresh interior & exterior paint & new roof offer peace of mind & confidence, ensuring the home is as refreshed as its setting is tranquil. Up here, the feeling is clear, this hillside retreat is ready to spread its wings & welcome its next chapter.$1,099,000
eXp Realty of California Inc 
Monterey 748 Alice St
Adorable and delightful single-level home, perfectly pairs comfort with convenience. With a low maintenance front yard adding to its curb appeal, you will find that its charm continues inside. Discover a bright, inviting living room with a classic brick fireplace for those cozy winter evenings, follow towards the kitchen boasting a lovely eating area, creating a natural hub for casual meals or morning coffee/tea. With 3 spacious bedrooms and 2 full bathrooms, there's plenty of room and spaces for everything. Outside, the backyard offers a great space for gardening enthusiasts or a space to enjoying the coastal air. Nestled in Monterey Peninsula Unified School District, minutes from Cannery Row, world-class shopping, dining, and the stunning Monterey Bay coastline. Whether you're exploring local attractions or savoring the relaxed, coastal lifestyle, this home is your perfect base to make it your own.$1,049,000
Coldwell Banker Realty 
Monterey 799 Grace St
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 be the perfect place for a second bath. Upstairs, three bedrooms surround a stunning bath with custom tile, crisp inlays, and sparkling glass accents. Outdoors, a raised sitting area and detached shed/artist studio create the perfect retreat to relax, create, or simply soak in sweeping Bay views. With much of the lot still undeveloped, future expansion is an exciting option. All of this is just minutes from Cannery Row, the Monterey Bay Aquarium, the scenic Recreation Trail, and downtown Pacific Grove so you can live the Monterey Peninsula lifestyle every day.$1,025,000
Carmel Realty Company 
Monterey 585 Hawthorne St 103
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 provides a functional and welcoming space. Enjoy meals in the cozy dining area or at the breakfast bar. This home is designed for comfort with radiant heating and double pane windows provide energy efficiency, while a security gate adds an extra layer of safety. Both bathrooms have been remodeled with granite countertops and tile flooring. The primary suite includes a walk-in closet and a private enclosed patio off the primary bathroom. Additional highlights include an in-unit Bosch electric washer and dryer, a gas water heater installed in 2024, elevators with access to the underground garage with two assigned parking spaces, plus a separate storage unit. These units don't come on the market often. Ideally located just minutes from the Monterey Wharf, Cannery Row, The Aquarium, shopping and dining. This condo offers the perfect blend of convenience, comfort, and classic Monterey charm.$950,000
Berkshire Hathaway HS Real Time Realty 
Monterey 642 Cypress St
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 a newer roof, updated electrical panel, and a completed sewer lateral. With these key improvements in place, you can focus on adding your own style and modern touches. Walking distance to Cannery Row and Pacific Grove, this property combines convenience, opportunity, and timeless coastal charm in an ideal choice for a home, vacation retreat, or investment.$925,000
Sotheby's International Realty 
Monterey 1298 Prescott Ave
Welcome to this charming 2-bedroom, 1.5-bathroom home located in the desirable city of Monterey. With 1,498 square feet of living space, this home offers a blend of comfort and functionality. The kitchen is equipped with a built-in gas oven range and refrigerator, perfect for all your culinary needs. Enjoy meals in the cozy breakfast nook or dining area. The home features a separate family room, providing ample space. The flooring throughout the home includes stone, tile, and wood, adding to its aesthetic appeal. Stay warm during cooler months with the forced air heating and enjoy the ambiance of the fireplace. The laundry area is conveniently located in the utility room with electricity hookup available. This property is part of the Monterey Peninsula Unified School District. Enjoy the convenience of a 1-car garage. Although there is no cooling system, the coastal climate of Monterey provides a naturally temperate environment. With its great features and location, this home is ready for its next owner.$899,000
KW Coastal Estates 
Monterey 725 Alice St
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 single-car garage adds convenience and extra storage. Enjoy being moments from world-class dining, the iconic Monterey Bay Aquarium, historic Cannery Row, boutique shopping, coastal trails, and the vibrant energy of Monterey$825,000
Sterling Property Management New Monterey Neighborhood Amenities
The New Monterey area has an ideal location that is located halfway between the downtown areas of Pacific Grove and Monterey. Both of these downtown areas have great local shopping and boutique style restaurants. There are great walking trails along the coastline that is located north of the Monterey Harbor area The neighborhood also commonly has commercially zoned mixed use buildings for sale near the Cannery Row and well as Residential Income properties.
Areas of Service
- Aliso Viejo
- Beverly Hills
- Cardiff By The Sea
- Calabasas
- Carlsbad
- Carmel
- Corona del Mar
- Coronado
- Costa Mesa
- Coto de Caza
- Dana Point
- Del Mar
- Encinitas
- Honolulu
- Hermosa Beach
- Huntington Beach
- Irvine
- La Jolla
- Ladera Ranch
- Laguna Beach
- Laguna Niguel
- Long Beach
- Marina Del Rey
- Malibu
- Manhattan Beach
- Monarch Beach
- Newport Beach
- Newport Coast
- Oceanside
- Pacific Palisades
- Rancho Palos Verdes
- Rancho Santa Fe
- Redondo Beach
- San Clemente
- San Diego
- San Francisco
- San Juan Capistrano
- Santa Barbara
- Solana Beach
Carmel Ocean Front Homes
Carmel Ocean View Homes
Carmel Neighborhoods
- Carmel Highlands Homes For Sale
- Carmel Meadows Homes For Sale
- Carmel Point Homes For Sale
- Carmel Valley Ranch Homes For Sale
- Carmel Valley Ranch Estates Homes
- Carmel Views Homes For Sale
- Carmel Woods Homes For Sale
- Club Place Homes For Sale
- Del Mesa Carmel Homes For Sale
- Quail Lodge Homes For Sale
- Quail Meadows Homes For Sale
- Hatton Fields Homes For Sale
- Homestead Place Homes For Sale
- Mission Fields Homes For Sale
- Northeast Carmel Homes For Sale
- Northwest Carmel Homes For Sale
- Otter Cove Gated Community
- Ranch House Place Homes For Sale
- Rancho Rio Vista Homes For Sale
- Rancho Tierra Grande Homes For Sale
- Santa Lucia Preserve - Monterey
- Southeast Carmel Homes For Sale
- Southwest Carmel Homes For Sale
- Tehama Homes - Carmel
- Yankee Point Homes - Carmel
Monterey Neighborhoods
- Del Monte Beach Homes - Monterey
- Deer Flats Homes - Monterey
- Monterra Homes - Monterey
- Monterey Vista Homes - Monterey
- New Monterey Homes - Monterey
- Old Del Monte Homes - Monterey
- Oak Grove Homes - Monterey
- Old Monterey Homes - Monterey
- Pasadera Homes - Monterey
- Peter's Gate Homes - Monterey
- Skyline Ridge Homes - Monterey
Monterey Historic Homes
Pacific Grove Neighborhoods
Based on information from California Regional Multiple Listing Service, Inc. as of March 7th, 2026 at 7:55pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
© 2026 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of March 7th, 2026 at 7:55pm PST.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.