Listed 152 days ago · March 4, 2026 | MLS# ML82035208
$1,000/sqft +20% vs Monterey avg
What this means: Priced above the Monterey per-sqft average. Compare to recent sales below for context.
Est. $6,804/moP&I $5,448 · Tax $1,094 · Insurance $262 · HOA $0Assumes 20% down ($210,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Monterey, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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3 Bed / 2 Bath / 1,050 sqft on 4,400 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $1.1M vs City Average $1.5M
$1,000/sqft compared to Monterey avg $833/sqft (+20.0%).
Best fit forActive BuyersMonterey SearchersMove-Up / Move-In
About This Home
CANNERY ROW FIXER UP WITH OCEAN VIEWS! 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.
MLS ID #ML82035208, Tene Shake. Listing provided by Real Brokerage Technologies · MLSListings Inc.
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Property Details
Property Type
Single Family Residence
Year Built
1924
Bedrooms
3
Bathrooms
1 Full, 1 Half
Living Area
1,050 sqft
Lot Size
4,400 sqft
Garage
N/A
Price/sqft
$1,000
County
Monterey
MLS Number
ML82035208
Status
Active
Stories
N/A
HOA
None
Interior Features
Other
Exterior & Lot
Wood Roof0.10 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
529 Wave ST, Monterey, CA 93940 · Monterey County
Market Context
Price Positioning
$Price context: Listed at $1,000/sqft vs Monterey avg $833/sqft (+20.0% above).
$Sale-to-list: Monterey homes selling at 99.3% of asking.
⏲Velocity: City avg 35 days. This home: 152 days.
🏠Inventory:19 3-bedroom homes currently available in Monterey.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
Monterey in Monterey, California (93940) continues to attract significant buyer interest. 529 Wave ST, a 3-bedroom single-family home with 1,050 square feet of living space, is listed for $1,050,000. The surrounding market reflects strong demand for properties in this price segment.
3-Bedroom Homes for Sale in Monterey 93940
Browse 3-bedroom single-family home listings in the Monterey area of Monterey. Properties in 93940 are currently averaging $833 per square foot with 35 days on market.
What to Expect When Buying in Monterey
The Monterey market in Monterey features a mix of single-family home properties ranging from starter homes to luxury estates. Current inventory levels suggest moderate conditions for buyers in this area.
Listed at $1,050,000 ($1,000/sqft). Monterey avg is $833/sqft, placing this +20.0% above. Comparable recent sales help frame the value.
Listed 152 days (as of March 4, 2026). Monterey average is 35 days.
Est. $6,804/mo with 20% down ($210,000) at 6.75%. Includes principal & interest ($5,448), property tax ($1,094), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 89 active listings in Monterey (19 are 3-bedroom). At $1,050,000 this is positioned against the city average of $1,537,342. Similar homes have sold at 99.3% of asking.
3-bedroom homes in Monterey (93940) are currently averaging $833 per square foot. Market activity shows homes spending an average of 35 days on market in this area.
529 Wave ST in Monterey is currently listed at $1,050,000. This 3-bedroom, 2-bathroom single-family home is located in the Monterey area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Aug 3, 2026 7:00 PM PT. 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.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Aug 3, 2026 7:00 PM PT | Source: MLSListings Inc.
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