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400 Drake Ave #7 Monterey, CA, 93940
$1,400,000 Condo for sale 2 beds 1 full + 1 half baths 1,470 sqft
This unit is the corner top penthouse property and has unparalleled views of the Monterey Bay and beyond. The condominium complex is just one block above Lighthouse Ave. at the corner of Hawthorne and Drake Ave. in New Monterey and centrally located to restaurants and shops in Cannery Row, Pacific Grove and Monterey. An elevator is being planned for. Two covered parking spaces are at the ground floor providing easy access to the stairs/elevator. The smell of the sea and the sight of sailing ships in Monterey Bay will fill your senses and imagination like nothing else....
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Details of #7
1,470 sqft interior area
Property type
Condo
Interior area
1,470 sqft
View
Bay, City Lights, Water
Land area
1,470 sqft (0.03 acres)
Price per sqft
$952/sqft
Days on Verhouse
349
Address
400 Drake Ave #7, Monterey, CA, 93940
City of California
Monterey
County
Monterey
Year Built
1986
Association fees
$460
District
New Monterey
Open Houses
No upcoming open houses
Interior Features
—
Beds
2
Baths
1 full + 1 half
Garage & Parking
Covered
Kitchen features
Counter - Laminate, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Microwave
Other rooms
Dining Area, Laminate Counters
Listed by
Eric Sand, Fratelli Real Estate
Name
Eric Sand
License number
01503164
Brokerage company
Fratelli Real Estate
MLS #
ML81928276
Payment calculator
Calculate your monthly payments
Mortgage
$4,299
Taxes
$0
HOA dues
$460
Mortgage
$280,000 / 20%
2.28%
30 years
Your amount
$4,299 / month
Exterior Features
—
Pool
None
Lot details
TMK #001995007000
Parcel nr.
001995007000
93940 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 93940
35%
Families with children
National average: 39%
43%
Non family households
100,095
Population
$128,944
Average Income
Age & gender
Median age 45 years
More info
Commute types
77% commute by car
More info
Education level
26% have bachelor education
More info
Number of employees
6% work in education and healthcare
More info
Vehicles available
40% have 2 vehicle
More info
Vehicles by gender
40% have 2 vehicle
More info
Housing market insights for #7
$1.5m
Neighborhood average
sales price*
sales price*
$1.25m
Neighborhood median
sales price*
sales price*
162
Number
of sales*
of sales*
Housing type
56% are single detacheds
More info
Rooms
35% of the houses have 4 or 5 rooms
More info
Bedrooms
63% have 2 or 3 bedrooms
More info
Owners vs Renters
50% are owners
More info
11.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
None
Other details
Security
Fire Sprinkler System
Style
Traditional
Price history
New Listing May 15, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 15, 2023 | New Listing | $1,400,000 +8.11% | 952.38 | MLS #ML81928276 |
| May 1, 2023 | Unavailable | $1,295,000 | 0 | MLS #41020182 |
| Apr 21, 2023 | Price Decrease | $1,295,000 -7.5% | 880.95 | MLS #41020182 |
| Mar 16, 2023 | Price Decrease | $1,400,000 -6.67% | 952.38 | MLS #41020182 |
| Feb 25, 2023 | New Listing | $1,500,000 +0.75% | 1020.41 | MLS #41020182 |
| Dec 23, 2022 | Unavailable | $1,488,888 | 0 | MLS #ML81905264 |
| Nov 11, 2022 | Price Decrease | $1,488,888 -6.94% | 1012.85 | MLS #ML81905264 |
| Oct 5, 2022 | For sale | $1,600,000 | 1088.44 | MLS #ML81905264 |
| Sep 10, 2022 | Unavailable | $1,600,000 | 0 | MLS #ML81905264 |
| Aug 26, 2022 | New Listing | $1,600,000 | 1454.55 | MLS #ML81905264 |
Taxes of 400 Drake Ave #7, Monterey, CA, 93940
None zoning / MLS #ML81928276
Zoning
None
Agent viewpoints of 400 Drake Ave #7, Monterey, CA, 93940
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Open floorplan
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Frequently Asked Questions about 400 Drake Ave #7
What is 400 Drake Ave #7?
400 Drake Ave #7, Monterey, CA, 93940 in the condominium building. This is a 1 full bathroom + & 1 half bathroom and 2 bedroom condo. This apartment has 1,470 sqft interior space. This condo with unit number 7. It is located in the city of Monterey, California.
Does this condo have views?
This condo has Bay, City Lights, Water views.
Which year was this condo built?
This condo was build in 1986.
What is the full address of this Condo?
400 Drake Ave #7, Monterey, CA, 93940.
Are grocery stores nearby?
The closest grocery stores are Andronico's, 0.48 miles away and Trader Joe's, 1.07 miles away.
What is the neighborhood like?
The 93940 zip area has a population of 100,095, and 35% of the families have children. The median age is 45.21 years and 77% commute by car. The most popular housing type is "single detached" and 50% is owner.
Based on information from the bridgeMLS as of 04-29-2024. 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.
Listing last updated on: Aug 21, 2023
Verhouse Last checked 4 minutes ago
The closest grocery stores are Andronico's, 0.48 miles away and Trader Joe's, 1.07 miles away.
The 93940 zip area has a population of 100,095, and 35% of the families have children. The median age is 45.21 years and 77% commute by car. The most popular housing type is "single detached" and 50% is owner.
