$10,000

closing credit¹

721 Oak St Monterey, CA 93940

$1,150,000
3 beds
2 full
1,758 sqft
0.1 acres
$654 / sqft
House

Property details

About 721 Oak St

Wonderful opportunity to customize your New Monterey Home! This home has an approved architectural plan and is awaiting final permit status with the City of Monterey. Bring your contractor and your funds and make this home your own! This home is a blank slate awaiting your artistic designer touches to create an extraordinary value. Whether you are a flipper or someone who wants to put in their own sweat equity, this is your chance to own a home on the desirable Monterey Peninsula. Fantastic value awaits you. Spacious lot. Slice of the ocean view from upstairs bedroom and balcony. Convenient location to Cannery Row, Shopping, Restaurants, the Presidio, the Wharf, and all that the beautiful Monterey Bay Peninsula has to offer.

Highlights

Home typeSingle Family Residence
StatusAccepting Backup Offers
(Active Under Contract)
Size1,758 sqft
Lot size0.1148 Acres
Year built1956
MLS #ML81987608
Attached garage1 space
FireplaceWood Burning
ViewOcean

Summary

  • MLS Number: ML81987608
  • MLS Name: CRMLS
  • Office Name: Bay Homes and Estates
  • Office Phone: (831) 521-2099
  • Listing Agent: Janeen Reavis

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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front of property with a front yard

$1,150,000

721 Oak St

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 18, 2023
Home Sold
$1,030,000

Tax history

YearAssessmentProperty Tax
2024$1,050,600$2,791
2023$255,266$2,791
2022$250,261$3,443
2021$245,355$3,090
2020$242,840$2,610
2019$238,079$2,625
2018$233,412$2,434
2017$228,836$2,434

History based on county public records data.

Nearby schools

9

Robert Down Elementary School

Public District KG-5

0.6 mi

485 Pine Ave

6

Forest Grove Elementary School

Public District KG-5

1.1 mi

1065 Congress Ave

5

Monte Vista

Public District KG-5

1.5 mi

251 Soledad Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $93,333. The most common annual income of people living in Monterey, CA is between $100k-200k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

16%
<35k
38%
35k-100k
41%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

45%
Single, No Kids
8%
Single, with Kids
32%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
46%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • LincolnLincoln

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 721 Oak St

This home is located at 721 Oak St in Monterey, CA and zip code 93940. This 1,758 square foot home, which was built in 1956, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $1,150,000.

In January 2025, from all listings sold in Monterey, CA there were more than 2 sold above asking price, over 4 sold below and more than 7 were sold right at the asked price. The number of listings in Monterey, CA increased by 9.7% between December and January 2025. In January 2025 median list price was $1,050,000 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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