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Every listing shows your estimated rebate.

The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.

At a glance

307 Monroe Street, MONTEREY, CA, 93940

$1,275,000·2 bd·2 ba·MLSListings #ML82061951

Estimated Arrivva buyer rebate$15,000 to $29,000

Every completed rebate is published: see all 253 closings.

Listing data from MLSListings. Rebate estimate calculated by Arrivva.

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$1,275,000
14 Days On Site

307 Monroe Street
MONTEREY, CA 93940

For Sale|Single Family Residence|Active
2
Beds
2
Total Baths
2
Full Baths
1,475
SqFt
$864
/SqFt
1947
Built
County:
Monterey
Listed by of Robert Chestnut of Compass (831) 574-9470
Call Now: (408) 868-2620
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(408) 868-2620
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307 Monroe Street307 Monroe Street307 Monroe Street307 Monroe Street
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Welcome to 307 Monroe Street an exceptional Old Monterey home offering rare walkability, a larger than typical 1,475 sq ft footprint, and a beautifully maintained 2BD/2BA layout on a generous 6,199 sq ft lot. This property delivers the charm of a classic Monterey neighborhood with the space, function, and lifestyle buyers struggle to find in this price band. The home features a bright, open living area, updated systems, and a detached garage ideal for ADU potential, studio use, or secure storage. The oversized lot provides privacy, expansion flexibility, and outdoor enjoyment uncommon for the area. Located just moments from Alvarado Street dining, the Wharf, the Library, and neighborhood parks, this address offers one of Monterey's most coveted walkable lifestyles. Additional advantages include a 2.25% assumable VA loan, expanding the buyer pool and enhancing affordability for qualified purchasers. With clean presentation, strong systems, and a location known for long term desirability, 307 Monroe stands out as a rare opportunity in one of Monterey's most stable micro-markets. Don't miss the chance to secure a home that blends charm, space, and walkability perfectly positioned for todays Monterey buyer.

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Listing Snapshot
Price 
$1,275,000
Days On Site 
14 Days
Bedrooms 
2
Inside Area (SqFt) 
1,475 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1423 Acres
Year Built 
1947
MLS® Number 
ML82061951
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Attached Garage 
Yes
Cross Street 
Franklin
Disclosures 
https://hlm.homelight.com/link/307-Monroe-Street-6qqpo2d8
Foundation 
Concrete PerimeterPillar/Post/Pier
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
1
Parking 
Off StreetAttached
Parking Spaces 
3
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
1475
Zoning 
Multi Family
Interior Features
Appliances 
DisposalRefrigeratorElectric OvenWasher/Dryer
Fireplace 
Yes
Fireplace Features 
Living Room
Flooring 
CarpetHardwoodTile
Heating 
Forced Air
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Exterior Features
Pool Features 
None
Roof 
Composition
Community Features
School District 
Monterey Peninsula Unified
Schools
School District
Monterey Peninsula Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listed by of Robert Chestnut of Compass (831) 574-9470



The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MLS Listings, Inc..
Last checked: 2026-10-03 02:43 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

Questions about this listing

How much could a buyer get back on 307 Monroe Street, MONTEREY, CA, 93940?
Arrivva estimates a buyer rebate of $15,000 to $29,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
How do I schedule a tour of 307 Monroe Street, MONTEREY, CA, 93940?
Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk

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