Rare opportunity in Old Town Monterey! Two charming Spanish-style homes on one parcel, just blocks from the heart of downtown Monterey. So many possibilities. Perfect for an investor, or live in one and rent out the other. The front residence at 355 Monroe features 3 bedrooms, 1 bathroom, and approximately 850 square feet of living space, while 357 Monroe offers 2 bedrooms, 1.5 bathrooms, and approximately 1,092 square feet, with convenient access from Eddie Burns Lane and an attached garage. A fenced yard separates the two residences, creating privacy and distinct outdoor spaces for each home. Full of character, the property features charming architectural details, hardwood floors, a fireplace, inviting outdoor areas, and a peek of the Monterey Bay from the deck at 357. Enjoy the flexibility of two detached residences while being moments from downtown Montereys restaurants, shops, waterfront, and all that the highly desirable Old Town neighborhood has to offer.
947 W Franklin Street: Sold $1,200,000 · 6 bd · 5 ba · 2,063 sqft · Aug 2026 · 0.2 mi Sotheby's International Realty | DRE #70010260 Buyer's agent: Yvonne Foletta, eXp Realty of California Inc | DRE #02210848
515 Dickman Avenue: Sold $940,000 · 2 bd · 1 ba · 619 sqft · Jul 2026 · 0.4 mi Sotheby's International Realty | DRE #01702965 Buyer's agent: Kyle Murphy, Real Brokerage Technologies | DRE #02234798
2 Portola Avenue: Sold $840,000 · 3 bd · 2 ba · 1,332 sqft · Jul 2026 · 0.4 mi Sotheby's International Realty | DRE #00833476 Buyer's agent: John Romley, Sotheby's International Realty | DRE #01966766
600 Oak Street: Sold $1,925,000 · 4 bd · 2 ba · 2,516 sqft · Aug 2026 · 0.6 mi KW Coastal Estates | DRE #01997179 Buyer's agent: Renee Catania, Sotheby's International Realty | DRE #01954589
18 Yerba Buena Court: Sold $765,000 · 2 bd · 2 ba · 1,164 sqft · Jul 2026 · 0.6 mi Compass | DRE #01469814 Buyer's agent: Arturo Ponce, Berkshire Hathaway HS Real Time Realty | DRE #02068641
674 Pine Street: Sold $1,300,000 · 4 bd · 2 ba · 2,665 sqft · Jun 2026 · 0.6 mi Keller Williams Realty | DRE #70010112 Buyer's agent: Annette Boggs, Above and Beyond Real Estate | DRE #01317801
701 Archer Street: Sold $1,700,000 · 3 bd · 3 ba · 1,897 sqft · Aug 2026 · 0.7 mi Coldwell Banker Realty | DRE #01239431 Buyer's agent: Michelle Spataro-Russell, eXp Realty of California Inc | DRE #01944339
721 Oak Street: Sold $1,350,000 · 4 bd · 3 ba · 1,758 sqft · Jul 2026 · 0.7 mi Keller Williams Realty | DRE #70010112 Buyer's agent: The Ruiz Group, Keller Williams Realty | DRE #70010112
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/20/2026 9:50 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: Sotheby's International Realty
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.