Single-family home
Listing Agent: Dean Provence (DRE #00833476) · Listing Office: Sotheby's International Realty · Contact: (831) 372-7700 · Bought with: John Romley · Sotheby's International Realty · MLS #ML82041506 · Source: CRMLS
2 Portola Avenue sold for $840,000 in July 2026, 1.2% under its $850,000 list price, after 39 days on the market. It was first listed at $950,000. That works out to $631 per square foot on 1,332 square feet. Across 113 closed sales in 93940 over the last 12 months, the median sold price is $1,100,000 and the median is $721 per square foot, 14% above this sale's $631.
| Quarter | Closed sales in 93940 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $1,172,000 |
| Q2 2026 | 51 | $1,050,000 |
| Q3 2026 | 49 | $1,150,000 |
| Q4 2026 | 5 | $1,000,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Monterey · Homes for sale in 93940
Great Location facing natural area of NPS and pond. Close to Baseball Park and not far from the Bay and Bike Trail. Close to one of the best sandwich shops in the area, especially Calamari Fridays!! Harwood floors, granite counters in the Kitchen with inside laundry and sink for extra water credits, seller had started plans to add a 2nd story but decided to sell. It has always been a rental with 2 separate bathrooms. Could put in slider to a deck on the end bedroom. If you want a Primary suite, you could access bathroom and expand into garage.
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 93940, nearest first, last 12 months. All recent sales in Monterey →