New Monterey Homes under $1 million

Welcome to New Monterey, a captivating neighborhood nestled in the heart of Monterey, California. Known for its stunning coastal views, vibrant community spirit, and rich history, New Monterey is a hidden gem that offers a unique blend of charm and convenience. With its close proximity to the iconic Cannery Row and the picturesque beaches of the Pacific Ocean, residents enjoy the perfect balance of tranquility and adventure.

In New Monterey, you’ll find a diverse array of homes, many of which are attractively priced under $1 million. This makes the neighborhood an excellent option for first-time homebuyers, families, and anyone looking to invest in a slice of California’s coastal paradise. The homes here showcase a variety of architectural styles, from charming bungalows to modern townhouses, each offering its own unique character and appeal.

The community is not only defined by its beautiful homes but also by its welcoming atmosphere. Stroll through the tree-lined streets and you’ll discover local parks, quaint cafes, and boutique shops that reflect the artistic spirit of the area. The neighborhood is also home to several top-rated schools, making it an ideal choice for families seeking a nurturing environment for their children.

Outdoor enthusiasts will revel in the abundance of recreational activities available, from scenic hiking trails in nearby parks to water sports along the coastline. With its breathtaking scenery and vibrant community life, New Monterey is more than just a place to live; it’s a lifestyle waiting to be embraced. Come and discover your dream home in this enchanting coastal enclave today!

Newest New Monterey Homes under $1 million

$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

$700,000

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

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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 Compass 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.