Monterey Real Estate

Monterey, CA Most Affordable Real Estate

Search all Monterey's Most Affordable Homes for sale throughout the town of Monterey, CA on one easy to use website.  This Page shows every single Monterey Most Affordable Home for sale in Monterey, CA 93940.

Monterey's Most Affordable Homes for Sale

Monterey isn't know for being an affordable place to purchase a home, but even Monterey has a few great deals out there, especial for someone who isn't afraid of a little work.  Below are the two most affordable homes in Pacific Grove currently available for you to buy! You better hurry if you want any chance of getting one of them as they will likely be gone before the weekend is over.

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Monterey's Most Affordable Real Estate

$50,000
ML81902246 MLS
The Monterey lot is situated next to Laguna Grande Park. Three lots located next to one another are for sale. The Multiple Listing picture shows fencing enclosing the three lots. Each lot has a separate Assessor's Parcel Number and can be purchased separately. Lots are land-locked. Do Not Go Direct!

013- 052-023-000 St, Monterey

Listing courtesy of Carmen Frater from Frater Real Estate, Inc.
$360,000
ML81901932 MLS
Highly successful restaurant with up to 5 years on current lease situated on Alvarado Street amidst the top performing restaurants and entertainment venues. Current owner has maintained this $1m gross revenue business with high NOI annually above $200,000 pre- and post-pandemic. Established in 2015 this iconic restaurant draws locals and international visitors 365 days a year. Only qualified buyers with signed NDA will received financials and confidential information.

Alvarado St, Monterey

Listing courtesy of Michael Zabrycki from Michael Zabrycki, Broker
$429,900
1 Beds ⋅ 1 Baths ⋅ ML81900683 MLS ⋅ Cypress Park Condominiums BLDG.
Private top floor "Aptos 2" end unit overlooking Oak Knoll Park. Lovely, updated unit with newer windows and appliances. In unit stackable washer dryer, laminate flooring, attached storage and competitive price point make this one of the most attractable units on the market. The association amenities include heated pool, BBQ area and community meeting room and ample guest parking. The property is fully fenced with security gate and cameras and walking distance to Safeway and retail shopping. Only mins. away from the Monterey Peninsula Recreation Trail and easy access to Monterey beach.

820 Casanova Ave 120, Monterey

Listing courtesy of Andrew Phillips from Phillips Real Estate
$449,000
1 Beds ⋅ 1 Baths ⋅ ML81907826 MLS ⋅ Ocean Forest HOA BLDG.
Sunny & spacious 1-bed condo in the desirable Monterey Sunbelt, nestled in a quiet forest setting just 5 minutes from world renowned beaches, and 10 minutes to Carmel-By-The-Sea. A well cared for end unit with a gas stove, and lots of windows, including a back balcony and slider that let in natural light. HOA fee covers all main utilities (water, gas, electric & much more). Uniquely built from high density concrete, Ocean Forest Condos offer extra quiet privacy. Enjoy the serenity of beautifully landscaped complex with access to large sparkling pool, sauna, club house with pool table, large BBQ grills, laundry, and immaculately kept with pride lovely rose gardens. This cute 1 bedroom unit is move-in ready and is easily rentable as a great investment property. Vacant and Easy To Show. Call Listing Agent for appointment.

500 Glenwood Cir 520, Monterey

Listing courtesy of Cory Otterness from KW Coastal Estates
$550,000
2 Beds ⋅ 2 Baths ⋅ ML81890737 MLS
Sunny & spacious 2-bed condo in the desirable Monterey Sunbelt, nestled in a quiet forest setting just 5 minutes from world renowned beaches. This largest available floorplan features two full baths & a balcony set away from major walkways for extra privacy. A lovingly cared for unit boasting custom-made blinds, cozy fireplace in a hand made elegant banister, gas stove, Italian inspired tiles, and plenty of windows that let in natural light. HOA fee covers all main utilities (water, gas, electric & much more). Uniquely built from high density concrete, Ocean Forest Condos offer extra quiet privacy. Enjoy the serenity of beautifully landscaped complex with access to large sparkling heated pool, sauna, club house with pool table, large BBQ grills, laundry, and immaculately kept with pride lovely rose gardens. This tastefully remodeled unit is move-in ready and is easily rentable as a great investment property. Tenant occupied. Offers subject to inspection

500 Glenwood Cir 433, Monterey

Listing courtesy of The C Group from Better Homes And Gardens Real Estate By The Sea
$675,000
2 Beds ⋅ 2 Baths ⋅ ML81902572 MLS
Breath in the fresh air, and never tire of the forest and ocean views from this fabulous unit. Spacious rooms create an open living space. In the evenings enjoy the sunset and snuggle by the cozy fireplace. Two ample sized bedrooms and 2 full baths, with an indoor laundry make this unit a substantial home. Clean and ready go. Conveniently located to shopping, hospital, hiking trails, golf, and all the wonders of this beautiful community. Move in, be happy!

250 Forest Ridge Rd 19, Monterey

Listing courtesy of Margaret Maguire from Sotheby's Int'l Realty-Rancho
$695,000
2 Beds ⋅ 1 Baths ⋅ ML81907014 MLS ⋅ Tanglewood Community Association BLDG.
Surrounded by the Peninsula's historic forests and serving up enchanting views of the blue Pacific, this second-story Tanglewood condo offers luxury and tranquility in an affordable, efficient package. Updates in the last few years give the interior a sleeker look and include everything from paint and floors to countertops and appliances. A pass-through bar connects the kitchen with the dining/living area, creating a unified, airy environment in which to dine, wine, and relax. The fireplace keeps things cozy on the cooler, coastal nights, while the deck provides the perfect perch from which to enjoy the warm California sun, especially as it sets delicately on the horizon. Convenient features like the in-house washer/dryer hookups and adjacent storage area make life in this condo even more desirable. All of these mouth-watering features, paired with the unbeatable location that is only minutes away from everything the Monterey Peninsula has to offer, make this an unmissable opportunity.

250 Forest Ridge Rd 48, Monterey

Listing courtesy of The Ruiz Group from KW Coastal Estates
$779,000
2 Beds ⋅ 2 Baths ⋅ ML81904065 MLS ⋅ Montsalas BLDG.
Welcome to the prestigious and highly sought after Montsalas Complex in the prime location of Monterey. Light and bright nice sized 2 bedroom, 2 bath, plus a large office. The unit features a large bedroom with 2 closets & an en-suite bathroom. Slate floors throughout. Great open floorplan with plenty of natural light. Galley styled kitchen with Corian stone in the counter tops, features range, dishwasher, and refrigerator with plenty of cabinetry and inviting balcony. Swimmers pool & in ground spa, equipped gym, & community club.

1 Montsalas Dr, Monterey

Listing courtesy of Sigifredo Ponce from Berkshire Hathaway HS Real Time Realty
$779,000
3 Beds ⋅ 3 Baths ⋅ ML81908499 MLS ⋅ Montsalas BLDG.
Welcome to 88 Montsalas, located in the highly sought after sunbelt of Monterey. This is beautiful two-story unit is filled with light. Beautiful granite countertops matching backsplash stainless steel appliances recently updated cabinets. Large living area with dining combo great for entertaining. The upper floor of the unit boasts 3 bedrooms and two full baths. The primary bedroom has vaulted ceilings, a deck to sit outside and enjoy the greenbelt, its own bath area with a glass shower stall, gives the real feel of a primary, the two other bedrooms share a full bath shower over tub, each bedroom has access to a outside deck with some distant greenbelt views. Montsalas it's just a short distance to Monterey beaches, sites like cannery row in the aquarium just a stones throw away stroll to Monterey fairgrounds four events throughout the year and of course just a short drive over the hill on Hwy 1 to Carmel. If you are looking for a place to call home, look no further.

88 Montsalas Drive, Monterey

Listing courtesy of Christian Theroux from eXp Realty of California Inc
$795,000
ML81898533 MLS
This 4.43 acre Monterra lot is surrounded by artistic oaks and towering pine trees with a generous .823 acre building envelope. Underground utilities are stubbed at the street an include water provided by Canada Woods Water Co., a private company serving the communities of Monterra and Tehama. Purchase includes a social membership to the Tehama Golf Club where members enjoy multiple venues for fine and casual dining, social events throughout the year, fitness center with two pools, spa, tennis courts, weight room and organized group exercise classes. Monterra Ranch is a 1,700 acre gated community of 168 homesites and acres of planned open space located about 3 miles inland, mere minutes from shopping, fine dining, wine tasting, world class golf, beaches, regional airport and raceway. With better weather than the coast, you will enjoy settling in to a peaceful, park-like setting surrounded by abundant natural beauty and wildlife. Come visit Monterra. It's just a great place to live.

7735 Paseo Venado, Monterey

Listing courtesy of Mike Jashinski from Sotheby's Int'l Realty-Rancho
$799,000
ML81883637 MLS
This property is one of the very last remaining lots in Bay Ridge and has nearly 270 degrees of spectacular views: from the Monterey Harbor, around the Bay, to Santa Cruz, over rolling hills to the Salinas Valley, with the greens of Pasadera in between. Just in from the main gate of the community, on the east side of the road, this welcoming level parcel awaits your creativity to design an estate of dramatic proportions with a variety of views. Offering a nice level building pad with very few if any trees to remove and only a few to trim, the beginnings of a gracious circular drive help to form the vision of where your new estate can be located and the incredible views that can be had as you plan your design.

11107 Saddle Rd, Monterey

Listing courtesy of Jamal Noorzoy from Carmel Realty Company
$799,999
2 Beds ⋅ 2 Baths ⋅ ML81906190 MLS ⋅ Vista Del Mar BLDG.
VIEWS,VIEWS,& more VIEWS! This bright 2 bed 1.5 bath Monterey condo offers the laid-back coastal living you deserve. As you step inside the two-level layout, crisp white tones tastefully contrast the new dark engineered hardwood flooring on the main level. Upstairs, a stunning display of exposed wood-beamed ceilings spans your seamlessly connected entertainment areas, anchored by a wall of large glass sliders and windows that usher in brilliant sunlight and panoramic ocean & forest views. Enjoy cocktails on the balcony before sharing meals in the chandelier-lit dining area. Steps away, a well-sized kitchen equips you with SS appliances, tons of cabinetry, and a multi-seater breakfast bar. Retire to the comforts of your private bedrooms on the main level, one with an exclusive deck that commands scenic city light views. Additional perks are a stackable washer/dryer, storage room, tankless water heater, and 2 covered parking spaces. Just a short walk to Del Monte Shopping Center!

154 Mar Vista Dr, Monterey

Listing courtesy of Peter Boggs from Coldwell Banker Realty
$830,000
2 Beds ⋅ 1 Baths ⋅ ML81901273 MLS
This vibrant cottage sits above the Bay in New Monterey. Warm, cheerful, and happy describe 740 Lily. The two bedroom, one bathroom cottage makes a great first home, a move into town, or the perfect second home for an escape on the Monterey Peninsula. The Douglass fir flooring has a rich and vibrant warmth throughout the home. Off one of the bedrooms is a deck that extends the living space into the fenced backyard with a large and private patio. From the home and the yard, there are some peaks of the blue Monterey Bay . The superb location of 740 Lily makes for convenient living and quick outings down to Cannery Row, into Pacific Grove or throughout the rest of the Monterey Peninsula.

740 Lily St, Monterey

Listing courtesy of BambacePetersonTeam from Compass
$849,000
ML81906062 MLS
Centrally located in the Monterey sunbelt, these two quaint homes have been refreshed with new flooring and paint. The front house is approximately 536 sq ft with 2 bedrooms and 1 bath. The back house is approximately 455 sq ft with 1 bedroom and 1 bath. Always quickly rented when available, with a nice yard space for each, this property allows an owner to occupy one while collecting rent on the other, or for an investor looking to build their portfolio in the gorgeous 93940.

333 Branner Avenue, Monterey

Listing courtesy of Eric Borgomini from Borgomini Real Estate
$887,000
3 Beds ⋅ 2 Baths ⋅ ML81908131 MLS
Indoor, outdoor entertainment jewel! Get ready to relax and enjoy your days and evenings in this exceptional backyard, This well-maintained and updated home is on a large private lot in a quiet neighborhood. Home offers an open floor plan for kitchen, dining and living areas, three bedrooms, two baths and a large backyard. A cute and welcoming front yard greets you as you enter this jewel The floor plan is perfect for entertaining, and the backyard offers RV parking. The location is perfectly situated with easy access to all the Monterey, PG and Carmel have to offer!

566 Casanova Ave, Monterey

Listing courtesy of Charles Coleman from Monterey Peninsula Properties
$895,000
ML81800947 MLS
Homesite 104 is a 3.04 acre parcel in the gated community of Monterra Ranch. Featuring a private, mostly level building envelope flanked by stately oaks, the meadow building site provides peaceful, forested views in every direction. Monterra is located just 3 miles from downtown Monterey - far enough inland to escape the fog that lingers on the coast, but conveniently close to municipal airport, shopping, dining, world class golf and beaches on the Monterey Peninsula. The property features upgraded underground utilities to the lot line and is served by the private Canada Woods Water Company. Social Membership to Tehama Golf Club is included. Enjoy a park-like setting in a luxury master-planned community.

7830 Monterra Oaks Road, Monterey

Listing courtesy of Mike Jashinski from Sotheby's Int'l Realty-Rancho
$895,000
ML81895225 MLS
Come to Monterra Ranch and create everything youve always wanted in a home but were unable to find. This south facing Monterra home site is located in a nature rich, peaceful environment on over 5 acres of gently rolling terrain with a 1.61 acre building envelope that enjoys tranquil views of a verdant ridgeline and adjacent hillsides. Monterra Ranch is a sun drenched community located behind secure gates minutes from award winning restaurants and wineries, Carmel-by-the-Sea shopping, galleries, cultural events and beaches, hiking and biking trails, world renowned golf courses, regional airport and raceway. A social membership to Tehama Golf Club is included with the sale where members enjoy fine and casual dining, social events throughout the year, a fully appointed fitness center with two pools and spa, tennis courts, weight room with personal trainers and organized exercise classes. Monterra is conveniently located close to all the peninsula has to offer, yet it is worlds away.

7552 Monterra Ranch Road, Monterey

Listing courtesy of Mike Jashinski from Sotheby's Int'l Realty-Rancho
$895,000
2 Beds ⋅ 3 Baths ⋅ ML81898976 MLS ⋅ Hacienda Del Sol BLDG.
Looking for the perfect spot in Monterey, to call home? Come check out this condo, in the lovely community of Hacienda Del Sol. This unit, which is tucked in the Skyline Forest, features generous comfortable spaces, and beautiful views of the Monterey Bay and beyond. This home features 2 en-suite bedrooms, one of which has commanding views. You'll love the flow of the floorplan, and the ample storage in the oversized one car garage, The unit is in excellent condition, and has been lovingly maintained by a fastidious owner, for the last 32 years. Enjoy The Peninsula lifestyle at its best!

70 Forest Ridge Rd 28, Monterey

Listing courtesy of Kent Weinstein from KW Coastal Estates
$895,000
2 Beds ⋅ 1 Baths ⋅ ML81904829 MLS
Darling condo alternative with no homeowners' association. Easy-care, easy-living, single-level, move-in ready two bedroom cottage in the sweet, popular neighborhood of sunny Oak Grove where you can leave your car at home to enjoy the restaurants, cafes, shops, farmers' markets, parks, recreation trails, harbor, beaches, and sights of Monterey. A few blocks from beloved El Estero Park, Del Monte Beach, and across from the Naval Post-Graduate School. This could be a superb weekender/vacation home with its low-maintenance garden and deck areas. Much upside potential for anyone looking to take the kitchen and bathroom up to their finest grades possible, and per the City of Monterey, not on any historic designation lists. In a mixed-use neighborhood of many vintage homes of great charm for an old-fashioned vibe. Detached garage and private parking area, too. A delightful, simple lifestyle near it all awaits you.

312 Sloat Ave, Monterey

Listing courtesy of Jan Wright Bessey from Sotheby's Int'l Realty-Valley
$995,000
ML81891441 MLS
Lot 136 is 2.98 acre parcel with a .97 acre building envelope. Located on a sun drenched hillside in the gated community of Monterra, this oak studded building opportunity is ready and waiting for you to create a spectacular residence with views of the Monterey Bay, city lights, Santa Cruz mountains and verdant hill sides. Monterra residents enjoy living in an inspiring nature filled park-like setting with upgraded underground utilities and water provided by Canada Woods Water Company. Monterra is ideally located in Monterey just beyond the fog, and minutes away from award winning restaurants and wineries, Carmel-by-the Sea shopping, cultural events, art galleries and beaches, world class golf courses, hiking and biking, regional airport and raceway. A social membership to Tehama Golf Club is included where members enjoy fine and casual dining, community social events, fitness center with two pools, spa, tennis courts, weight room with person trainers and organized exercise classes.

8160 Manjares, Monterey

Listing courtesy of Mike Jashinski from Sotheby's Int'l Realty-Rancho

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