33 photos · MLS data verified August 3, 2026 · Updated every 15 min
$549,000Active
2 Beds·2 Baths·900 sqft·349 sqft lot·Built 1975
515 Ramona Court 1, Monterey, CA 93940
Listed 131 days ago · March 25, 2026 | MLS# ML82040233
$610/sqft -27% vs Monterey avg
What this means: Priced below the Monterey per-sqft average. Compare to recent sales below for context.
Est. $4,183/moP&I $2,849 · Tax $572 · Insurance $262 · HOA $500Assumes 20% down ($109,800) 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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2 Bed / 2 Bath / 900 sqft on 349 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $549K vs City Average $1.5M
$610/sqft compared to Monterey avg $833/sqft (-26.8%).
Best fit forActive BuyersMonterey SearchersMove-Up / Move-In
About This Home
Tucked away on a very quiet court is this perfectly charming single story 2 br/1.5 bath end unit. This immaculate light filled home overlooks a lovely garden and has a spacious wrap around patio. It also has a cozy living room, two sizeable bedrooms and lots of natural light throughout the unit. There is a full bath with a shower over tub plus a powder room for your visitors! A convenient indoor laundry, covered parking and extra storage makes for easy living! All this plus, low HOA fees, beautifully landscaped common open areas and two BBQ areas located at either end of the courtyard. This highly desirable end unit is conveniently located close to shopping, beaches, golf and local highways. You must see this special home!
MLS ID #ML82040233, Suzanne Menendez-Herbst. Listing provided by Coldwell Banker Realty · MLSListings Inc.
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Property Details
Property Type
Condominium
Year Built
1975
Bedrooms
2
Bathrooms
1 Full, 1 Half
Living Area
900 sqft
Lot Size
349 sqft
Garage
N/A
Price/sqft
$610
County
Monterey
MLS Number
ML82040233
Status
Active
Stories
N/A
HOA
$500/mo
Interior Features
Baseboard
Exterior & Lot
Composition Roof0.01 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
515 Ramona Court 1, Monterey, CA 93940 · Monterey County
Market Context
Price Positioning
$Price context: Listed at $610/sqft vs Monterey avg $833/sqft (26.8% below).
$Sale-to-list: Monterey homes selling at 99.3% of asking.
⏲Velocity: City avg 35 days. This home: 131 days.
🏠Inventory:19 2-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.
Buyers and sellers researching Monterey in Monterey will find 515 Ramona Court 1 to be a strong reference point. Listed at $549,000, this 2-bed, 2-bath home sits in a market where comparable properties average $833 per square foot. Homes in Monterey (93940) are currently averaging 35 days on market.
2-Bedroom Homes for Sale in Monterey 93940
Browse 2-bedroom condominium 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 condominium properties ranging from starter homes to luxury estates. Current inventory levels suggest moderate conditions for buyers in this area.
Listed at $549,000 ($610/sqft). Monterey avg is $833/sqft, placing this 26.8% below. Comparable recent sales help frame the value.
Listed 131 days (as of March 25, 2026). Monterey average is 35 days.
Est. $4,183/mo with 20% down ($109,800) at 6.75%. Includes principal & interest ($2,849), property tax ($572), and insurance ($262). HOA: $500/mo. 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 2-bedroom). At $549,000 this is positioned against the city average of $1,537,342. Similar homes have sold at 99.3% of asking.
2-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.
515 Ramona Court 1 in Monterey is currently listed at $549,000. This 2-bedroom, 2-bathroom condominium 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 5:45 AM 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 5:45 AM PT | Source: MLSListings Inc.
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