318 Clay St

• Sun Jun 21, 1:00 pm - 4:00 pm

Welcome to this charming 2-bedroom, 1-bath bungalow, making its debut on the market for the first time in over 50 years. Perfectly situated on Spaghetti Hill in the heart of Old Town Monterey, this lovingly maintained home captures the timeless charm of coastal living while offering tasteful updates that make it move-in ready. Fresh paint, a new roof, new flooring, and new appliances provide peace of mind while preserving the warmth and character that make this home so special. Natural light fills the inviting living room, creating a warm and welcoming first impression for relaxing or gathering with friends and family. The spacious dining room seamlessly connects to the refreshed kitchen, where modern conveniences complement the home's original charm. Just beyond, a dedicated laundry room with built-in storage offers everyday functionality and direct access to the backyard. Down the hall, you'll find two comfortable bedrooms, each with rare cedar-lined closets to help preserve clothing and treasured keepsakes, along with a well-appointed hall bathroom. Outside, a long driveway leads to a detached one-car garage, while the generous backyard offers both lawn and patio areas providing plenty of room for entertaining, gardening, or future expansion opportunities. Enjoy the best of Monterey's renowned coastal lifestyle with an unbeatable location just minutes from vibrant downtown restaurants and boutiques, Fisherman's Wharf, Cannery Row, Del Monte Shopping Center, Trader Joe's, Whole Foods Market, Larkin Park, and weekly Farmers' Markets. Whether you're exploring the scenic Recreation Trail, watching the sunset along Monterey Bay, or spending the day on one of the area's beautiful beaches, every day feels like a vacation. With convenient access to Highway 1 and Del Monte Avenue, this is coastal California living at its finest.

Days on Market

2 days

Current Status

Active

Original Price

$795,000

List Price

$795,000

On Market Date

Jun 19, 2026

Property Type

Single Family Residence

District

900112 - Old Town Monterey

Zip Code

93940

MLS ID

426140375

APN

001-352-014-000

Year Built

1938

Stories in Building

0

Possession

Close Of Escrow

Data Source

SFAR

Origin MLS System

Bed

2

Bath

1

Parking

1

Detached, Enclosed, Uncovered Parking Spaces 2+

SQ FT

994

SQ FT Source

Unavailable

Lot SQ FT

4,800.0

Lot Acres

0.1102 Acres

Kitchen

Tile Counter

Cooling

None

Flooring

Luxury Vinyl Plank

Foundation

Concrete Perimeter

Heating

Wall Furnace

Laundry

Gas Hook-Up, Hookups Only, Inside Room

Possession

Close Of Escrow

Special Listing Conditions

None

Fee

$0

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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