New Monterey Homes under $1 million

Welcome to New Monterey, a charming coastal neighborhood nestled within the picturesque city of Monterey, California. Known for its stunning ocean views and vibrant community atmosphere, New Monterey offers a unique blend of coastal living and urban convenience. The area is characterized by its historic homes, many of which boast architectural charm and character, making it a delightful place to call home.

One of the standout features of New Monterey is its proximity to the breathtaking coastline. Residents enjoy easy access to scenic walking trails along the shore, perfect for morning strolls or sunset views. The neighborhood is also home to a variety of parks, including the popular Dennis the Menace Park, where families can enjoy picnics and outdoor activities. With its close-knit community vibe, New Monterey hosts local events and farmers' markets that foster connections among neighbors.

For those looking to invest in this beautiful area, you'll be pleased to know that there are charming homes available for under $1 million. These properties often feature inviting gardens, cozy interiors, and easy access to local amenities. Whether you’re a first-time homebuyer or looking to downsize, New Monterey provides an array of options that cater to diverse lifestyles and budgets.

In addition to its residential appeal, New Monterey is conveniently located near a variety of shops, restaurants, and cultural attractions, including the renowned Monterey Bay Aquarium and Cannery Row. With its stunning natural beauty, rich history, and welcoming community, New Monterey is a hidden gem waiting for you to discover. Come explore the possibilities of making this enchanting neighborhood your new home!

Newest New Monterey Homes under $1 million

$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

$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

$749,000

2 Beds ⋅ 2 Baths ⋅ ML82029838 MLS

New price adjustment. Enjoy comfortable coastal living in this beautifully maintained 1,247 sq. ft. condo featuring two bedrooms and two full bathrooms, all conveniently located on the ground floor with amazing views of the bay and city lights, enjoyed from a covered patio, perfect for relaxing and entertaining. The inviting living room is warmed by a gas fireplace, while the open-concept kitchen provides a functional and welcoming space. Enjoy meals in the cozy dining area or at the breakfast bar. This home is designed for comfort with radiant heating and double pane windows provide energy efficiency, while a security gate adds an extra layer of safety. Both bathrooms have been remodeled with granite countertops and tile flooring. The primary suite includes a walk-in closet and a private enclosed patio off the primary bathroom. Additional highlights include, a gas water heater installed in 2024, ELEVATORS with access to the underground garage with TWO ASSIGNED PARKING SPACES, plus a separate storage unit. These units don't come on the market often. Ideally located just minutes from the Monterey Wharf, Cannery Row, The Aquarium, shopping and dining. This condo offers the perfect blend of convenience, comfort, and classic Monterey charm in the sunbelt.

585 Hawthorne ST 103, Monterey

Listed by Joyce Fletcher, 831-402-1203 from Berkshire Hathaway HS Real Time Realty
(If provided) CoList: from

Start Your Search

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.