W Franklin St, Monterey, CA 93940 | For Sale

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For Sale $1,745,000 ($1,000.57 per Sq Ft)

$1,745,000 ($1,000.57 per Sq Ft)
  • (0)
  • 3 Bedrooms
  • 3 Bathrooms
  • 1,744 Sq Ft
  • 9,035 Sq Ft

Description

FIRST TIME ON THE MARKET IN 26 YEARS... In Old Town Monterey, two homes thoughtfully sited as neighboring residences on a large 9,035sf lot with separate gas/electric meters and yards too. Together they offer great potential whether an investment property or owner-occupied with a guesthouse or rental. A pre-1926 historic English Tudor Revival, 541 is two stories with a striking wood cathedral ceiling great room that curves above the dining area, with fireplace and classic plaster walls, 1,181sf, 2 Beds, 1.5 Baths, back yard and garage. Built in 1950, 539 has a character of its own, vaulted wood living/dining room, a cozy 563sf 1 Bed, 1 Bath and front patio. A block up from Monterey's historic downtown, walking distance to restaurants and shops, Monterey Bay, Fisherman's Wharf, and all the City of Monterey has to offer.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Upcoming Open House

Saturday February 7th, 2026
from 1:00 pm - 3:00 pm

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Income

Rental Units


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Expenses

Property Details

List Price $1,745,000
Property Type Single Family Homes
Usable Sqft 1,744
Number of Stories 0 stories
Parking Spots 1 spots
Year Built 1932
Last Sold Unknown
Sold Price Unknown
APN # 001531003000
MLS # ML82024051
Property ID 322241865
Lot Sqft 9,035
Zoning R 3-6
Days on Market 120
Original List Price $1,795,000
Date Updated February 01, 2026
Date Created October 07, 2025
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Listing Provided By

Williams & Tollner an agent of . Lic #70017496


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 01, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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