Monterey Homes under $1 million

Welcome to Monterey, California—a coastal gem nestled along the stunning Pacific coastline. Known for its breathtaking views, rich history, and vibrant marine life, Monterey offers an idyllic blend of natural beauty and urban charm. Home to the world-renowned Monterey Bay Aquarium and the picturesque Cannery Row, this city is a haven for outdoor enthusiasts, food lovers, and art aficionados alike.

Monterey boasts a mild Mediterranean climate, making it a year-round destination for those seeking sun-soaked days and cool coastal breezes. With its lush landscapes and scenic vistas, outdoor activities abound—from hiking in the nearby Ventana Wilderness to enjoying a leisurely stroll along the iconic 17-Mile Drive. The city’s vibrant downtown area is filled with boutique shops, art galleries, and a diverse culinary scene that celebrates the region's fresh seafood and farm-to-table dining.

For homebuyers seeking affordability in this coastal paradise, Monterey offers an impressive selection of homes under $1 million. Whether you’re looking for a charming cottage, a modern townhouse, or a cozy family home, there are options that cater to diverse tastes and lifestyles. With a strong sense of community and access to top-notch schools, Monterey is an ideal place for families, retirees, and everyone in between.

Discover the magic of Monterey, where the ocean meets the mountains, and your dream home awaits! Embrace the opportunity to live in this vibrant city without breaking the bank. Explore the possibilities today and make Monterey your new home!

Newest Monterey Homes under $1 million

$949,000

3 Beds ⋅ 2 Baths ⋅ ML82063285 MLS

Welcome to this inviting single-level home offering 3 bedrooms, 2 bathrooms, plus a versatile flex room perfect for a home office, den, playroom, or additional living space. The updated kitchen opens seamlessly to the living room, creating a comfortable and welcoming space for everyday living and entertaining. Original hardwood floors throughout add warmth, charm, and character. Step outside to a backyard made for entertaining, featuring a Trex deck with plenty of room for outdoor dining, relaxing, and gathering with friends and family. The low-maintenance yard is complemented by apricot, fig, and plum trees, while a Tuff Shed provides convenient additional storage. Best of all, you're less than a mile from the beach and conveniently close to shopping, restaurants, and everyday amenities. With its desirable single-level floor plan, flexible living space, updated kitchen, charming hardwood floors, and inviting indoor-outdoor lifestyle, this home offers the perfect blend of comfort, convenience, and coastal living.

553 English AVE, Monterey

Listed by Annette Boggs, 831-601-5800 from Above and Beyond Real Estate
(If provided) CoList: from

$858,000

2 Beds ⋅ 1 Baths ⋅ ML82063235 MLS

Welcome to your New Monterey, CA home. 753 Jessie St sits on a large lot with a level backyard that's larger than many in the area. There is a bonus room in the backyard that could be used as an office, art studio, or guest room. Wood floors run throughout the home, and recent interior and exterior painting, newer oven, range hood, and fresh yard work make it move-in ready. The new hot tub uses saltwater or freshwater. Parking and storage are rare in Monterey, and this home has both. The extra-long driveway fits multiple vehicles. The extended single-car garage has a separate area at the back for storage, a workshop, or hobbies. Pet owners will appreciate the built-in dog washing station in the backyard. The flat, usable yard has room to garden, entertain, relax, or create your own outdoor living space. Minutes to downtown Monterey, Lighthouse Ave, and the coast. This home gives you yard space, parking, and storage, and it's ready for its next owner.

753 Jessie ST, Monterey

Listed by April Whitehead, 831-262-7132 from BHGRE Haven Properties
(If provided) CoList: from

$420,000

1 Beds ⋅ 1 Baths ⋅ ML82063081 MLS

4204 Golden Oaks LN, Monterey

Listed by Peter Boggs, 831-884-3919 from Coldwell Banker Realty
(If provided) CoList: from

$825,000

2 Beds ⋅ 2 Baths ⋅ ML82062558 MLS

FIXER UPPER/INVESTOR SPECIAL! Tucked among the trees on a generous 9,310-square-foot lot, this 1953 Monterey home offers beautiful hillside views and a chance to bring your vision to life. Much of the home remains original, creating a blank canvas for your updates. The kitchen features classic wood cabinetry and a functional layout, while larger windows bring natural light into the living areas. Bedrooms offer closet space, and flooring includes carpet and vintage patterned linoleum. A newer tankless water heater and newer double-wide garage door are already in place. Outside, a wooden deck and access ramp offer possibilities, though the deck is in poor condition and needs substantial attention. The freeway is directly below, and traffic noise is noticeable; ADDING dual-pane windows may help reduce interior noise. Enjoy a setting with a sense of seclusion and convenient access to Highway 1, Monterey Peninsula dining, beaches, and shopping. With original character, a spacious lot, and room to personalize, this property is an opportunity for buyers ready to renovate. Bring your contractor, explore the possibilities, and imagine the next chapter for this hillside home. Come see the setting, assess the work needed, and decide how you would make it your own. Schedule your visit today!

7 VIA CASTANADA, Monterey

Listed by Gina Hinds, 831-233-2228 from CENTURY 21 Masters
(If provided) CoList: from

$725,000

2 Beds ⋅ 2 Baths ⋅ ML82061196 MLS ⋅ Tanglewood BLDG.

Coastal Sanctuary Meets Modern Luxury in Tanglewood Ocean Views & Sunsets! Nestled within a serene forest setting, this turnkey 2-bedroom, 2-bathroom condominium in the coveted Tanglewood community offers an extraordinary blend of natural tranquility, convenience, and refined contemporary living. Soaring high ceilings instantly create an airy, expansive feel, while large windows frame sweeping, unbelievable ocean views that draw the beauty of the Pacific directly into your daily living space. The heart of the home features a beautifully renovated kitchen, curated with rich cherry wood cabinets, sleek countertops, and premium upgraded appliances perfect for effortless entertaining. Anchoring the open-concept living area is a warm and cozy fireplace, inviting you to relax beside the fire while taking in coastal sunsets framed by the surrounding forest canopy. Both bathrooms have been modernized with stylish fixtures and upscale finishes, while each bedroom provides a peaceful, light-filled retreat.

250 Forest Ridge RD 42, Monterey

Listed by Jane M. Sotanski, 831-596-4830 from Sotheby's International Realty
(If provided) CoList: from

$799,000

2 Beds ⋅ 2 Baths ⋅ ML82060259 MLS

Beautiful 2 bedroom, 1.5 bath home in Monterey! Clean and turn key, this two-story home features fresh paint, a new patio deck, paver driveway, and a single-car garage set behind a privacy wall. Tucked away in a cul-de-sac near Peter J. Ferrante Park, with easy access to the bike path and just four minutes from the beach. Don't miss this great opportunity to own a move in ready home in a fantastic location!

411 Estrella AVE, Monterey

Listed by Carmen Ledesma, 650-861-1887 from Intero Real Estate Services
(If provided) CoList: from

$495,000

1 Beds ⋅ 1 Baths ⋅ ML82060973 MLS

Wondeerful opportunity to own in the lovely wooded condo complex Glenwood Circle located in Monterey CA. The one bedroom one bath home has been freshly painted with a new refrigerator and ice maker, gas stove, microwave and dishwasher. Also a new kitchen sink and faucet was added. There is an outdoor patio for relaxing and enjoying the views of the forest. Close by are all of the amenities that the Monterey Peninsula has to offer.

500 Glenwood CIR 514, Monterey

Listed by Sharon Swallow, 831-241-8208 from Compass
(If provided) CoList: Jim Swallow from Compass

$998,000

2 Beds ⋅ 2 Baths ⋅ ML82059737 MLS

A unique opportunity in the heart of Monterey, this charming property features two detached residences on one lot, each offering its own full bathroom, full kitchen, and laundry. Set toward the rear of the property, the main residence offers approximately 607 sqft., while the updated front residence provides approximately 482 sqft. Enjoy the courtyard, peeks of the ocean and the convenient location, just minutes to Cannery Row and downtown Monterey. Dining, shopping, recreation, and the waterfront all nearby. Ideal for those seeking a primary residence with separate guest accommodations, multi-generational living, or potential rental income, this property offers exceptional flexibility in a desirable Monterey location

247 Belden ST, Monterey

Listed by Renee Catania, 831-293-3668 from Sotheby's International Realty
(If provided) CoList: from

$849,000

2 Beds ⋅ 1 Baths ⋅ ML82059690 MLS

Tucked directly across from Cypress Street Park in the heart of New Monterey, this charming cottage offers the rare combination of character, comfort, and coastal convenience. With two bedrooms and one bath, hardwood floors, fresh paint, updated plumbing and appliances, and a layout that feels wonderfully uncomplicated, its the kind of home that invites you to slow down and stay awhile. And then theres the location. Step outside and the park is right across the street. Wander a few blocks farther and youre strolling along the Monterey Bay, with Cannery Row, the Aquarium, and Pacific Grove all within easy reach. Here, the best of Monterey isnt something you drive toits something you walk to. The important work has already been done: a new roof, updated electrical panel, and completed sewer lateral provide a solid foundation for the next chapter. A private carport, accessed from Lily Street via a shared driveway, adds another layer of everyday convenience. Whether imagined as a full-time home, a weekend retreat, or a place to create something uniquely your own, this is an opportunity to own a piece of New Monterey in one of its most beloved neighborhoods. A cottage. A park across the street. The Monterey Bay just beyond.

642 Cypress ST, Monterey

Listed by Denise Miotke, 425-443-7499 from Sotheby's International Realty
(If provided) CoList: from

$995,000

3 Beds ⋅ 3 Baths ⋅ ML82058192 MLS ⋅ Monterey Woods BLDG.

Adorable and updated 3-bedroom, 2.5-bath residence in the desirable Monterey Woods community. This spacious two-story floor plan is perfectly positioned in a private and quiet setting, with a large fenced patio overlooking the peaceful greenbelt. The light and inviting interior offers comfortable living spaces and a flexible layout, including a ground-floor bedroom that can also serve as an office, guest room or den, complete with its own exterior sitting area. Upstairs, the spacious primary suite features a walk-in closet, sitting area, and private deck, creating a peaceful retreat surrounded by the Monterey pines. Additional storage is conveniently located just outside the unit near the carport. Just steps from the community pool, tennis courts, and clubhouse, Monterey Woods offers a sunny, forested setting while still being minutes from everything the Peninsula has to offer. Enjoy convenient access to the beach, recreation trail, shopping, Monterey Regional Airport, downtown Monterey and Carmel.

1360 Josselyn Canyon RD 33, Monterey

Listed by Bailey Papazian, 831-320-0719 from Compass
(If provided) CoList: from

$575,000

2 Beds ⋅ 2 Baths ⋅ ML82057930 MLS

Enjoy the best of Monterey Peninsula living in this beautifully updated ground-floor 2-bedroom, 2-bath condo offering an unbeatable combination of comfort, convenience, and value. Ideally situated within the community directly across from the pool and with covered parking just behind the unit, this home provides one of the most desirable locations in the complex. Inside, you'll find a remodeled kitchen featuring a high-end appliance package, updated flooring, and beautifully renovated bathrooms, creating a stylish, move-in-ready living space. The community is ideally located within walking distance to Downtown Monterey, the beach, the Naval Postgraduate School, restaurants, shopping, and many of the area's renowned coastal attractions, while offering easy access to major highways for convenient commuting. As an added value, the HOA dues include all utilities, making this one of the most affordable and low-maintenance opportunities to own in Monterey. Whether you're searching for a primary residence, second home, or investment property, this exceptional condo delivers location, quality, and everyday convenience.

Address not disclosed, Monterey

Listed by The C Group, 831-601-8936 from Real Brokerage Technologies
(If provided) CoList: from

$899,000

4 Beds ⋅ 2 Baths ⋅ ML82056529 MLS

Project - Great Monterey Location. This is a fixer upper. Has great potential featuring 4 bedrooms and 2 baths on 1 level. There is a bonus room with separate entrance on left side, below the 1st floor. There are open bean ceilings and a living room fireplace. Peaceful canyon views can be seen from the large window to the deck. There could be 1 car garage if small wall was removed. Has laundry in here as well There is also a carport. Much of the plumbing, windows and roof have been updated. Walk to Veterans Park and downtown Monterey and Fisherman's wharf. Opportunity is knocking.

1021 Johnson ST, Monterey

Listed by Leslie Johnson, 831-238-0464 from Sotheby's International Realty
(If provided) CoList: from

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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate: BEST LIFE are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . 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.