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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Monterey 457 Spencer St
Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!$3,500,000
KW Coastal Estates 
Monterey 457 Spencer St
Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!$3,500,000
KW Coastal Estates 
Monterey 575 Foam St C
In the heart of the historic and active Cannery Row district in Monterey, this beautiful residence is one of four units designed by renowned architect, Eric Miller. Featuring three bedrooms, two bathrooms, in-unit laundry, and secure gated garage parking. Enjoy quiet mornings on the private deck or entertain on the large rooftop terrace with outdoor kitchen and panoramic bay views. Boasting premium exterior and interior finishes, 10' high ceilings, state of the art security system and central heat and A/C. Close proximity to Cannery Row, the aquarium, world famous restaurants of Monterey, Monterey Plaza Spa, beaches and the coastal recreation trail. This sophisticated turnkey residence is a rare find in this perfect location.$2,695,000
Carmel Realty Company 
Monterey 872 Laine St
Experience coastal luxury and investment potential in one remarkable package! Nestled in the heart of Cannery Row, discover a single-family home and a four-plex on one parcel, each unit boasting breathtaking ocean views. Step outside your door to the beach, aquarium, and vibrant amenities just steps away. Indulge in dining, shopping, or leisurely bike rides along the scenic path-all within reach. This dual-property presents an enticing opportunity for residency and income generation. Proximity to the DLI and NPS enhances its allure as a prime rental location. Whether you're seeking a permanent coastal retreat or a savvy investment, this property delivers. Immerse yourself in the vibrant energy of this iconic waterfront district, where world-class attractions, renowned dining establishments, and boutique shops await. Seize the promise of passive income and the convenience of a prime location in this seaside sanctuary. Embrace the coastal lifestyle and capitalize on this exceptional investment opportunity today!$2,600,000
Real Brokerage Technologies 
Monterey 457 Wave St 1
Step into supreme luxury just one block behind fabled Cannery Row on the Monterey Peninsula. This state-of-the-art radiates contemporary chic, sporting lustrous, high-end finishes throughout two upstairs bedrooms, a spa-like primary bathroom, and a bright, open kitchen that flows directly into a living and dining area. Unit 1 truly offers the best of the best: Laminam Statuario Altissimo countertops, Thermador appliances, Duchateau hardwood flooring, and much more. Witness captivating views of Monterey Bay from almost anywhere you stand on the main level. These impressions continue upstairs in the primary bedroom, where vaulted ceilings frame sliding glass windows that open onto a private balcony, one of two outdoor balconies at this property. Pour a glass of white wine, and step into the fresh air, taking in all the sights and sounds that John Steinbeck once captured in the novel that made this destination famous. If you gaze long enough at the sea, a whale is bound to breach. Otters and seals are more common delights. On any day, look below at the people coming out of the Monterey Plaza Hotel, strolling or biking along Cannery Row, grabbing coffee at Tidal Coffee, and eager to explore this magnificent part of the world you can now call your home.$1,879,000
Keller Williams Realty 
Monterey 100 Hawthorne St
These Monterey apartments are located 3 blocks from Historic Cannery Row,and adjacent to the defense Language school (DLI),older units ,fully rented and very livable. Theyre dated and awaiting a potential new owner to update ,as deemed necessary,to make these units SHINE again. Plenty of room to add carports. As not to inconvenience all the tenants,this property is offered, as OFFERS SUBJECT TO INSPECTION$1,850,000
Davi Properties Group 
Monterey 830 Parcel St
Discover an incredible investment opportunity with this amazing 4-plex in sought-after New Monterey! Featuring approved 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!$1,800,000
Real Brokerage Technologies 
Monterey 721 Oak St
Wonderful opportunity to customize your New Monterey Home! This home has an approved architectural plan and is awaiting final permit status with the City of Monterey. Bring your contractor and your funds and make this home your own! This home is a blank slate awaiting your artistic designer touches to create an extraordinary value. Whether you are a flipper or someone who wants to put in their own sweat equity, this is your chance to own a home on the desirable Monterey Peninsula. Fantastic value awaits you. Spacious lot. Slice of the ocean view from upstairs bedroom and balcony. Convenient location to Cannery Row, Shopping, Restaurants, the Presidio, the Wharf, and all that the beautiful Monterey Bay Peninsula has to offer.$1,150,000
Bay Homes and Estates 
Monterey 999 Belden
$1,049,900
Envision Realty, Inc. 
Monterey 951 Belden St
This charming home offers a unique blend of vintage character and some modern touches. The main house features an inviting layout with cozy living spaces and fresh finishes that add warmth and personality. The true gem of this property lies in the backyard: an independent studio unit, perfect for a guest suite, home office or potential rental income. Within walking distance to the Monterey Bay Aquarium this property is ideal for those seeking a creative space, downsizing, or looking to maximize investment potential in a cozy, low maintenance home.$947,900
Envision Realty, Inc. 
Monterey 428 Archer St
Welcome to Archer Street, a delightful single-story home offering 3 bedrooms, 2 bathrooms, and the perfect blend of charm and potential. Enjoy substantial peeks of the Monterey Bay and surrounding mountains from the kitchen and patio. Set on a generously sized lot adorned with mature fruit trees, this home is ideally located just minutes from historic Cannery Row, Fishermans Wharf, and Monterey's world-famous aquarium, placing you at the heart of a vacation. Explore scenic walking trails, unwind on nearby beaches, or savor the vibrant dining and shopping options that make this area truly special.$945,000
Over the Moon Realty, Inc 
Monterey 585 Laine St 14
Light and bright 2 bedroom, 1 bath unit with ocean views and private patio.$749,000
Coldwell Banker Realty 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
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Carmel Ocean View Homes
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Monterey Neighborhoods
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- 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 January 21st, 2025 at 8:56pm 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.
© 2025 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of January 21st, 2025 at 8:55pm 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.