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705 Grace St, Monterey, CA 93940

List Price: $1,499,000On Market FlagOn market
Jun 3, 20251,354 sqft3 beds2 baths
Listed by: Molly McGee
License #: 01461317
Phone #: 831-601-8424
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: ML82009516

Property Description

Gorgeous Monterey Bay views from almost every room! Perched along the scenic Monterey coastline, this updated three-bedroom + office, two-bath home has unbeatable ocean views! From the moment you arrive, the freshly enhanced landscaping and new garage doors add instant curb appeal, welcoming you into a home that is both charming and sustainable. Fully owned solar panels add an eco-friendly bonus, keeping energy costs low without sacrificing comfort. The efficient mini split heating and cooling system will keep you comfy year-round. But the true gem? An expansive ocean view that stretches across the horizon, making every window a frame for Monterey's natural beauty. This home offers the perfect blend of charm, efficiency, and location ideal for those seeking a coastal lifestyle. There is the potential for an ADU upstairs, extra water credits are available. The home is centrally located in a great neighborhood close to Monterey's Cannery Row, the Aquarium, recreational trails, grocery stores, shopping, and restaurants. Don't miss the chance to see it for yourself and experience ocean-view living at its finest!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$22,470

TurboHome Estimated Value

$1,498,500

$1,107 sqft

High Valuation
$1,573,425
$1162/sqft
Normal Valuation
$1,498,500
$1107/sqft
Low Valuation
$1,423,575
$1051/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1107/sqft$1,498,500

Neighborhood

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Comparative Value

$940K

$975K

$1.13M

$1.50M

767 Lily St, Monterey, CA 93940

Sale Price: $940,000

Selected Comparable

799 Lottie St, Monterey, CA 93940

Sale Price: $975,000

Selected Comparable

798 Lobos St, Monterey, CA 93940

Sale Price: $985,000

Selected Comparable

801 Lobos St, Monterey, CA 93940

Sale Price: $1,000,000

Selected Comparable

712 Cypress St, Monterey, CA 93940

Sale Price: $1,130,000

Selected Comparable

705 Grace St, Monterey, CA 93940

List Price: $1,499,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
705 Grace St, Monterey, CA 93940

705 Grace St, Monterey, CA 93940

List: $1,499,000

Listed: 6/3/2025

Area:1,354 sqft
Price/sqft:$1,107
Beds:3
Baths:2
Year Built:
Lot Size:3,750

Comparable Properties

COMPARABLE
Choose comps
798 Lobos St, Monterey, CA 93940

798 Lobos St, Monterey, CA 93940

Sale: $985,000

7/9/20250.32 mi

Area:1,340 sqft
Price/sqft:$735
Beds:3
Baths:2
Year Built:
Weight:20.9%
799 Lottie St, Monterey, CA 93940

799 Lottie St, Monterey, CA 93940

Sale: $975,000

8/15/20250.30 mi

Area:1,422 sqft
Price/sqft:$686
Beds:3
Baths:2
Year Built:
Weight:20.8%
712 Cypress St, Monterey, CA 93940

712 Cypress St, Monterey, CA 93940

Sale: $1,130,000

5/16/20250.12 mi

Area:1,300 sqft
Price/sqft:$869
Beds:3
Baths:2
Year Built:
Weight:20.5%
801 Lobos St, Monterey, CA 93940

801 Lobos St, Monterey, CA 93940

Sale: $1,000,000

6/27/20250.35 mi

Area:1,223 sqft
Price/sqft:$818
Beds:3
Baths:2
Year Built:
Weight:19.5%
767 Lily St, Monterey, CA 93940

767 Lily St, Monterey, CA 93940

Sale: $940,000

4/16/20250.15 mi

Area:1,590 sqft
Price/sqft:$591
Beds:3
Baths:2
Year Built:
Weight:18.2%

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