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

$1,600,000
3 Beds ⋅ 2 Baths ⋅ ML81908234 MLS
Located just minutes from Montereys famed Cannery Row and Historic Downtown is this recently updated 3 bedroom and 2 bath home. Single level living areas offer spectacular views of Monterey Bay from Fishermans Wharf to Santa Cruz. Enjoy relaxing while viewing the city lights from the living room terrace and primary bedroom. Recently updated this home boasts a kitchen family room combination along with a living room dining room combination with ocean views. There is ample storage located in the two car garage. Ideally located for world-class dining, shopping and recreation or just enjoying the unparalleled conveniences and amenities living in Monterey has to offer.

781 Grace St, Monterey

Listing courtesy of Ben Zoller from Monterey Coast Realty
$1,125,000
3 Beds ⋅ 2 Baths ⋅ ML81900358 MLS
Situated above Monterey's Cannery Row and the Pacific Ocean is 885 Grace St. This home includes 3 bedrooms, 2 baths, on a fully fenced corner lot with some of the most amazing ocean views of Monterey Bay! You will love your morning coffee or evening beverage on your very large outdoor deck with nothing but views to take in. Your home features a reverse open floor plan where you can take advantage of unobstructed views from your kitchen, living room and oversized deck. Ideal location for walking to the rec trail, the Monterey Bay Aquarium, shops and restaurants!

885 Grace St, Monterey

Listing courtesy of Team Beesley from KW Coastal Estates
$1,199,000
3 Beds ⋅ 3 Baths ⋅ ML81902917 MLS
Buy as is or seller will REMODEL TO SUIT... Add your own personal touches with this opportunity to remodel to your liking. This 3 bed, 2.5 bath home offers a reverse floor plan with views of Monterey Bay from the main living areas and primary suite. The main level also has a kitchen and dining room as well as a powder room. The ground floor has 2 additional bedrooms, a full hall bath and an additional sitting/family room area with access to the large backyard. There is also a 2 car garage. The seller is a contractor and may agree to remodel the kitchen, bathrooms, replace the windows and flooring at a cost of $200,000 including an allowance on materials. The remodel would be started after the close of escrow. A separate contract for the remodel would need to be negotiated and agreed upon by buyer and seller/contractor. May be ok to convert to duplex or add an ADU, buyer to satisfy themselves.

646 Newton St, Monterey

Listing courtesy of Monterey Peninsula Home Team from KW Coastal Estates
$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

Listing courtesy of The C Group from Better Homes And Gardens Real Estate By The Sea
$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

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