Monterey Real Estate

New Monterey Neighborhood Real Estate - Homes for Sale in the New Monterey Area of Monterey, CA 93940

Search all New Monterey Homes for sale on the MLSSearch all New Monterey real estate listings in Monterey, CA for homes for sale, condos for sale plus foreclosures, short sales and New Monterey area information on one easy site.

New Monterey, CA

Southwest Monterey or New Monterey as it called materialized as a neighborhood in the 1920’s through the 1940’s as housing was needed for workers involved in the enormous sardine cannery business of the time.  Most of the homes on the hill above Cannery Row were smaller cottages, similar to this one, and were modest places younger people could call home.

Cannery Row was made into the most famous street in America by John Steinbeck's 1945 book "Cannery Row" that was written about the unique Monterey fish packing plants, bordellos and flophouses. Steinbeck was a local that grew up in Salinas, CA, went to college at Stanford and lived in Pacific Grove right next to Cannery Row. 

In 1946 the US Military moved the Defense Language Institute (DLI), then called the Military Intelligence Service Language School (MISLS) to the Monterey Presidio which borders New Monterey on its south side.  This brought a significant number of instructors and staff members who ultimately would have impact on the areas housing and still does today, with language instructors making up a significant percentage of today’s home buyers in the area.

New Monterey is most known for the lifestyle it offers it’s residents.  This area is close to all of the things that make the Monterey Peninsula the special place it is.  Obviously Cannery Row is a great attraction today with great restaurants, sightseeing, the Monterey Bay Aquarium and fun shopping, no wonder it is the biggest tourist attraction in Monterey County.  Scenic Pacific Grove with it’s beautiful rocky shoreline, quaint downtown and American hometown feel is on the border of New Monterey.  Homes in New Monterey are a bit more affordable than Pacific Grove, making New Monterey popular with some second home buyers.

New Monterey is known for having some of the best views of Monterey Bay.  It is very common to find a Monterey Bay View home or condo in New Monterey on the hill with outstanding views of the bay.

The 5 latest listings of homes for sale in New Monterey are below.  For a full list of everything that is available in this sought after neighborhood, you can build an advanced search or contact us and we can do it for you.

Our website has detailed information including New Monterey real estate statistics.  If you are interested in learning more about real estate values in this Monterey, CA neighborhood, or if you are interested in seeing homes for sale in the New Monterey area, contact us.

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New Monterey Real Estate

$1,400,000
2 Beds ⋅ 2 Baths ⋅ ML81928276 MLS ⋅ Presideo Hills Condominium BLDG.
This unit is the corner top penthouse property and has unparalleled views of the Monterey Bay and beyond. The condominium complex is just one block above Lighthouse Ave. at the corner of Hawthorne and Drake Ave. in New Monterey and centrally located to restaurants and shops in Cannery Row, Pacific Grove and Monterey. An elevator is being planned for. Two covered parking spaces are at the ground floor providing easy access to the stairs/elevator. The smell of the sea and the sight of sailing ships in Monterey Bay will fill your senses and imagination like nothing else....

400 Drake AVE 7, Monterey
$1,595,000
ML81927957 MLS
Great investment opportunity. This property has a very good upside potential. Two units are townhouse configuration with one bedroom/bath downstairs and kitchen, living room and second bedroom upstairs. The the third unit is single level with one bedroom one bath. There are three carport stalls and three washer/dryer closets. All units are separately metered for electricity, gas and water. Some units have filtered bay views. Great location that is close to Pacific Grove, Cannery Row and the Lighthouse Ave corridor. An ADU may be possible.

599 Irving AVE, Monterey
$1,299,000
3 Beds ⋅ 2 Baths ⋅ ML81923817 MLS
Welcome home to 674 Archer St located in the beautiful New Monterey neighborhood and just a short walk to Cannery Row! This charming 3 bedroom, 2 bathroom, home boasts approx. 1900 sqft of living space and sits on a large 5850 sqft lot. Upon entry you will notice the beautiful hardwood flooring, cozy fireplace, newer windows, and high ceilings that expose gorgeous wood shiplap. Upstairs includes the living room, spacious kitchen with tile flooring and gas range, along with a large dining area, two bedrooms, full bathroom, and laundry in hallway. Downstairs, as you open the French doors you are invited into a large family room with tile flooring throughout that flows seamlessly to the primary bedroom and full bathroom. Relax on the deck upstairs or enjoy the large back yard perfect for your pets and also entertaining guests. Fantastic location just minutes from all that Monterey has to offer. Make sure to see this one before its to late!

674 Archer ST, Monterey
$2,800,000
ML81902459 MLS
862/872 Laine St in Monterey California is one of the original properties in Monterey and has deep roots within the community. The listed estate encompasses a 4-plex as well as a single-family home, both on the same parcel number (APN). 3 of the 4 units within the 4-plex have been remodeled and all enjoy ocean views, private parking and are updated with new kitchens. The property can be sold independently or with the surrounding compound depending on the specific situation and buyers preference. There is plenty of upside ADU potential for any interested party seeing as this property has been owned by the original family since it was built. Just a few blocks from Cannery Row, a short walk from the Monterey Bay Aquarium and downtown, these units are never on the rental market long. Whether you are enjoying the ocean views from the balcony or exploring Pacific Grove, this is a sought-after neighborhood for all.

872 Laine ST, Monterey
$4,950,000
8 Beds ⋅ 9 Baths ⋅ ML81839781 MLS
Rarely does a property like 598 Laine St Monterey come available. Currently run as an Inn, now being offered to the client looking for a family home with generous space to "home everything". We invite you to come be swept away by the bay views and ambiance this historic eight room Craftsman styled home offers. It is light-hearted, warmly comfortable, and decidedly upscale. The property consists of two separate lots of record, a main house offering 7 bedrooms, 8 baths and a separate 1 bed/1 bath guest cottage. The property offers plenty of room for your family and friends. Contact your agent / REALTOR to schedule an appointment.

598 Laine ST, Monterey
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