Discover this charming 3-bed, 2-bath Spanish-style bungalow in Montereys Oak Grove neighborhood, close proximity to the Pacific Ocean, Naval Postgraduate School, Downtown Monterey, and Fisherman's Wharf. Brimming with vintage allure, this home is ready for updates to restore its former glory. The layout offers a cozy living area, ideal for relaxing or entertaining, generous dining room with a large backyard perfect for coastal evenings. Situated in a vibrant neighborhood, enjoy easy access to Monterey's beaches, dining, and cultural attractions. A rare opportunity to reimagine a gem in a prime location!
Sold for $875,000 on 08/25/25
$875,000
1261 3rd St, Monterey, CA 93940
3beds
1,292sqft
Single Family Residence,
Built in 1927
4,000 Square Feet Lot
$867,800 Zestimate®
$677/sqft
$4,202 Estimated rent
Home value
$867,800
$755,000 - $998,000
$4,202/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 25, 2025 at 05:19am
Listed by:
Susan Cardinale 02045240 831-277-7600,
Sotheby’s International Realty 831-624-1566
Bought with:
John Romley, 01966766
Monterey Coast Realty
Source: MLSListings Inc,MLS#: ML82015365
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Features: GroundFloorBedroom, BedroomonGroundFloor2plus
Bathroom
- Features: ShoweroverTub1, StallShower
Dining room
- Features: BreakfastNook, FormalDiningRoom
Family room
- Features: SeparateFamilyRoom
Kitchen
- Features: Countertop_Formica, Countertop_Granite
Heating
- Central Forced Air, Gas
Cooling
- None
Appliances
- Included: Electric Cooktop, Oven/Range
- Laundry: Gas Dryer Hookup
Features
- Flooring: Hardwood, Laminate, Vinyl Linoleum, Wood
- Doors: None
- Basement: Unfinished
Interior area
- Total structure area: 1,292
- Total interior livable area: 1,292 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Garage, Off Street
Accessibility
- Accessibility features: None
Features
- Stories: 1
- Exterior features: Back Yard, Fenced
- Fencing: Mixed Height Type
Lot
- Size: 4,000 sqft
- Features: Mostly Level
Details
- Parcel number: 001833009000
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence,
Materials
- Concrete
- Foundation: Block, Combination, Concrete Perimeter, Pillar/Post/Pier, Wood Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Gas: IndividualGasMeters, NaturalGas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Water Public
Community & neighborhood
Location
- Region: Monterey
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $875,000$677/sqft |
Source:  MLSListings Inc #ML82015365 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,233 +9.6% | $92,917 +2% |
| 2024 | $1,124 +12.6% | $91,096 +2% |
| 2023 | $998 +1.5% | $89,311 +2% |
Find assessor info on the county website
Neighborhood: Oak Grove
Nearby schools
GreatSchools rating
- 7/10La Mesa Elementary SchoolGrades: K-8Distance: 1.3 mi
- 8/10Monterey High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: MontereyPeninsulaUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$867,800
2% more+ $17,356
With Zillow Showcase(estimated)
$885,156