338 Watson Street, MONTEREY, CA 93940

Local realty services provided by:ERA Excel Realty
#1#2#3
338 Watson Street,MONTEREY, CA 93940
$1,525,000
  • 5 Beds
  • 4 Baths
  • 1,975 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sat, Aug 23
    02:00 pm - 04:00 pm
  • Sun, Aug 24
    02:00 pm - 04:00 pm
Listed by:doug steiny831-236-7363
Office:sothebys international realty
MLS#:82018507
Source:CAREIL

Price summary

  • Price:$1,525,000
  • Price per sq. ft.:$772.15

About this home

Ocean Views, Vintage Charm & Rental Income in Old Monterey! Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1 bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1954
  • Listing Id #:82018507
  • Added:1 day(s) ago
  • Updated:August 19, 2025 at 08:40 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Living area:1,975 sq. ft.

Heating and cooling

  • Heating:Central Forced Air

Structure and exterior

  • Year built:1954
  • Building area:1,975 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$1,525,000
  • Price per sq. ft.:$772.15
MLS LogoThe information being provided by MLSListings Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLSListings Inc.. ERA Excel Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Excel Realty, a broker participant of MLSListings Inc.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by MLSListings Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 MLSListings Inc.. All rights reserved.

New listings near 338 Watson Street