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 329 Stuart Ave
Beautiful Pacific Grove 4 Bedroom, 3 Bathroom Single Level Floor Plan, 2 En-Suites, Beautiful Accents & Remodel. Entertainers Delight. Peak of The Ocean From The Living Room and Front Patio, Southwest Facing. Gourmet Kitchen: Bosch Induction Stove and Dishwasher, Dual Pane Window, Marble Counter Tops, Stainless Refrigerator, Farmhouse Sink, Gorgeous Cabinetry, Recessed Lighting. Pacific Grove Schools. Hardwood Flooring Accents. New Pavered Driveway & Walkways, Presidential Comp Roof, New Gutters, 2 New Water Heaters 2 Fireplaces, Accenting The Living Room & Primary Bedroom. New Landscaping, Drought Tolerant Plantings, Citrus Trees (Lemon). Spacious Pantry / Laundry Room - With Rear Yard Views ... A Must See! This Spacious Single Level Home Offers 4 Bedrooms, 3 Bathrooms - 2 En-suites. (Private Dutch Door Entrance To 4th Bedroom Entrance (Interior Access As Well)), Vaulted Ceiling. Privacy Abounds - The Rear Yard Is An Entertainers Delights. Large Lot With Pavered Driveway That Will Accommodate 5 Vehicles, Pavered Walkways. ...Recent Improvements Include $100,000 +/- In Upgrades. Oversized Finished Attached Single Car+ Garage. One of Forest Hill's Nicest Homes. Privacy Abounds, Large 6,000 Square Foot Lot, Beautiful Accents! Pacific Grove Schools: Forest Grove Elementary School.$1,920,000
Compass 
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!$1,650,000
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.$1,575,000
Keller Williams Realty 
Monterey 883 Lighthouse Ave
Rare opportunity to own a 4-unit mixed-use commercial and residential property in the heart of Monterey, just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two street-facing commercial units front busy Lighthouse Avenue, offering excellent visibility and foot traffic. The property also includes two residential units: a 2BD/1BA apartment above the commercial spaces with deck and off-street parking, and a detached 1BD/1BA apartment at the rear of the lot. Ideal for investors or owner-users seeking diversified income in a premier Monterey location.$1,500,000
KW Coastal Estates 
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 and or rate buy down options.$1,299,000
eXp Realty of California Inc 
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 2121 David Ave
Wow so affordable and in vibrant, coastal and highly walkable neighborhood. Remodeled 3-bedroom, 2-bathroom home situated uphill above cannery row, Monterey Aquarium, restaurants and shops. Bay views, 1,320 square feet of well-designed contemporary living space offering a comfortable layout suitable for various lifestyles. The upstairs deck accessed via the bedrooms is perfect for taking in the sun and views. The kitchen is a culinary delight, featuring quartz countertops, a gas oven and range, dishwasher, microwave, garbage disposal, and refrigerator. The dining area includes a breakfast bar, perfect for casual meals or entertaining guests. The home boasts elegant hardwood and tile flooring throughout, adding a touch of sophistication. A cozy fireplace adds warmth and ambiance to the living area. Powder room on main floor. Laundry is located in the garage with a washer and dryer included for your convenience. The property includes a one-car garage and is situated on a manageable, low maintenance 2,178 square foot lot. It resides within the Monterey Peninsula Unified School District. With double pane windows and forced air heating, this home ensures comfort and energy efficiency year-round. Don't miss this opportunity to enjoy life in Monterey!$1,099,000
eXp Realty of Northern 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.$1,099,000
Sotheby's International Realty 
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.$995,000
Coldwell Banker Realty 
Monterey 662 Oak St
Opportunity awaits in New Monterey. This single-story 3-bedroom, 1-bath home is full of potential and ready for a new vision. Featuring a cozy fireplace, oversized one-car garage, and a private backyard, this property offers a solid footprint to reimagine or refresh. Potential for 2nd bath (2nd bath protocol - MPWMD Rule 24-A-3) and check with City for future adu possibilities. Enjoy a desirable location close to shopping, dining, and all that the Monterey Peninsula has to offer. 662 Oak St is a chance to create immediate value in a sought-after neighborhood.$925,000
Sotheby's International 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 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.$900,000
Berkshire Hathaway HS Real Time 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 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
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- Quail Lodge Homes For Sale
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- Otter Cove Gated Community
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- 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 April 16th, 2026 at 4:50am PDT. 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 April 16th, 2026 at 4:42am PDT.
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.