$1,350,000 691 Fernwood AVE, Monterey 2 bd · 2 ba · 1,525 sqft
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HomeHomes for SaleMonterey › 691 Fernwood AVE
28 photos · MLS data verified August 3, 2026 · Updated every 15 min
$1,350,000 ActiveUnderContract
2 Beds·2 Baths·1,525 sqft·10,019 sqft lot·Built 1963
691 Fernwood AVE, Monterey, CA 93940
Listed 60 days ago · June 4, 2026  |  MLS# ML82049749
$885/sqft +6% vs Monterey avg
What this means: Priced above the Monterey per-sqft average. Compare to recent sales below for context.
Est. $8,673/moP&I $7,005 · Tax $1,406 · Insurance $262 · HOA $0Assumes 20% down ($270,000) 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.
Single Family Price Position in Monterey
Average $1.5M
This Home $1.4M
$872K$2.3M
89Active in Monterey
68Active in 93940
35Avg DOM
$833Avg $/SqFt
99.3%Sale-to-List
3.7 moInventory
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Why This Home Stands Out

📍
Monterey Location
Active listing in Monterey, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
2 Bed / 2 Bath / 1,525 sqft on 10,019 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $1.4M vs City Average $1.5M
$885/sqft compared to Monterey avg $833/sqft (+6.3%).
Best fit forActive BuyersMonterey SearchersMove-Up / Move-In

About This Home

This bright and spacious 2-bedroom, 2-bathroom home is located in Montereys sought-after Skyline Forest neighborhood. Vaulted ceilings and oversized windows capture stunning views of the Monterey Bay. The expansive 10,000+ sq ft lot features a large deck and a fully fenced backyard, providing the perfect space for privacy and outdoor relaxation. Beautiful, low-maintenance landscaping blends seamlessly into the natural forest backdrop. An attached two-car garage offers convenience and extra room for storage. Enjoy the quiet serenity of a forest setting while remaining just minutes from the world-class dining, shopping, and beaches Monterey Bay has to offer.
MLSListings IDX
MLS ID #ML82049749, Denise Miotke. Listing provided by Sotheby’s International Realty · MLSListings Inc.
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Property Details

Property Type
Single Family Residence
Year Built
1963
Bedrooms
2
Bathrooms
2 Full
Living Area
1,525 sqft
Lot Size
10,019 sqft
Garage
2 Spaces
Price/sqft
$885
County
Monterey
MLS Number
ML82049749
Status
ActiveUnderContract
Stories
N/A
HOA
None

Interior Features

CentralForcedAir

Exterior & Lot

Composition Roof2-Car Garage0.23 Acres

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
691 Fernwood AVE, Monterey, CA 93940 · Monterey County

Market Context

Price Positioning
$ Price context: Listed at $885/sqft vs Monterey avg $833/sqft (+6.3% above).
$ Sale-to-list: Monterey homes selling at 99.3% of asking.
Velocity: City avg 35 days. This home: 60 days.
🏠 Inventory: 20 2-bedroom homes currently available in Monterey.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy Alston
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Market Snapshot

$1,537,342Average Price-13.8% vs Last Year
35Avg DOM+2.9 days vs Last Year
89Active Listings+154.3% vs Last Year
99.3%Sale-to-List+0.8% vs Last Year
Full Market Snapshot →
Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593[email protected]
For Homeowners

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Homes in Monterey are selling at 99.3% of asking in 35 days.

99.3%Sale-to-List
35Avg Days
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10590 Hidden Mesa PL$2,295,0003bd/3ba/3,079sf
11827 Saddle RD$1,799,0003bd/2.5ba/3,061sf
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691 Fernwood AVE is located in the SkylineForestSkylineRidge area of Monterey, California. This 2-bedroom, 2-bathroom single-family home is listed for $1,350,000. Homes in SkylineForestSkylineRidge average $833 per square foot with an average of 35 days on market, making this one of the most actively watched markets in 93940.

2-Bedroom Homes for Sale in Monterey 93940

Browse 2-bedroom single-family home listings in the SkylineForestSkylineRidge area of Monterey. Properties in 93940 are currently averaging $833 per square foot with 35 days on market.

What to Expect When Buying in SkylineForestSkylineRidge

The SkylineForestSkylineRidge 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.

Recently Sold in Monterey

Closed within 6 months · 2 bed / similar sqft · Monterey 93940

515 Dickman AVE
Sold $940,000
2 bd · 1 ba · 619 sqft
$1,518/sqft · +1.2% above list
Closed Jul 23, 2026 · 24 days on market
MLSListings IDXMLS ID #ML82048757, Jacquie Adams. Listing provided by Sotheby’s International Realty · MLSListings Inc.
7 Via Joaquin 5
Sold $1,075,000
2 bd · 2.5 ba · 1,591 sqft
$675/sqft · 1.8% below list
Closed Jul 23, 2026 · 75 days on market
MLSListings IDXMLS ID #ML82042210, Ryan Sherman. Listing provided by Compass · MLSListings Inc.
820 Casanova AVE 69
Sold $515,000
2 bd · 1 ba · 860 sqft
$598/sqft · 1.9% below list
Closed Jul 20, 2026 · 69 days on market
MLSListings IDXMLS ID #ML82043891, Somerville Group. Listing provided by Monterey Coast Realty · MLSListings Inc.
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In July 2026, 24 homes sold in Monterey at an average of $1,280,731. The average sale closed at 99.3% of asking price.

24Sold (July 2026)
$1,280,731Average Sale Price
99.3%Sale-to-List
Timothy
What happens when the right home lists and nobody knows you are looking for it?
In Monterey, Data pending new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
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Nearby Monterey Homes for Sale View All 68 →

Similar 2-Bedroom Homes in Monterey View All 20 →

2 bed · $1.0M-$1.7M · Active in Monterey

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Monterey Market Overview Full Stats →

$1,280,731Avg Sale Price-13.8% vs Last Year
35Avg DOM+2.9% vs Last Year
89Active Listings
99.3%Sale-to-List
$833Price/sqft
3.7Months Inventory
24Closed (Last Mo)
Data pendingNew Listings/Mo
Source: MLSListings Inc. · August 2026

Frequently Asked Questions

Listed at $1,350,000 ($885/sqft). Monterey avg is $833/sqft, placing this +6.3% above. Comparable recent sales help frame the value.
Listed 60 days (as of June 4, 2026). Monterey average is 35 days.
Est. $8,673/mo with 20% down ($270,000) at 6.75%. Includes principal & interest ($7,005), property tax ($1,406), 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 (20 are 2-bedroom). At $1,350,000 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.
691 Fernwood AVE in Monterey is currently listed at $1,350,000. This 2-bedroom, 2-bathroom single-family home is located in the SkylineForestSkylineRidge area.

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MLSListings IDX

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

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 5:30 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 5:30 AM PT | Source: MLSListings Inc.

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