W Franklin Street
Monterey, CA 93940 • 3 Bed • 3 Bath • 1,181 sq.ft.

Property summary

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 PG&E meters and yards too. Together they offer great potential whether an investment property or owner-occupied with a rental. A pre-1926 historic English Tudor Revival residence, 541 is two stories with a striking high pitched wood vaulted ceiling Great Room that curves above the Dining area with bay windows, 1,181sf, 2 Beds, 1.5 Baths and one car garage. Built in 1950, 539 has a character of its own, also with a vaulted wood ceiling Great Room and wood walls too, a cozy 563sf 1 Bed, 1 Bath and large front patio. A block up from Monterey's historic downtown, walking distance to restaurants and shops, Monterey Bay, the wharf, and all the City of Monterey has to offer.

Days on market: 5

Listing updated: October 12, 2025 - 05:40:10

Property details

Property ID
ML82024051
Size
1181 sq.ft.
Home Type
Residential
Year Built
1932
Property Size
0.2074 acre
Garage
1
Levels
Spa
No
Patio
No
Basement
No
View
No
Pool
No

Listed by: Williams & Tollner DRE #70017496 (831) 622-1000, Carmel Realty Company - MLSListings

Source: MLSListings, MLS#: ML29884 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
3
Kitchen
N/A
Cooling
None
Heating
Floor Furnace, Wall Furnace
Flooring
N/A
Laundry
In Garage
$1,795,000
Property price
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-13 17:14:26 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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