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585 Hawthorne St APT 103, Monterey, CA, 93940

2beds
2baths
1,247sqft
$805,000
$646price/sqft
$5,398/moest. monthly cost
$215,920/yrincome needed

About This Home

New price adjustment. Enjoy comfortable coastal living in this beautifully maintained 1,247 sq. ft. condo featuring two bedrooms and two full bathrooms, all conveniently located on the ground floor with amazing views of the bay and city lights, enjoyed from a covered patio, perfect for relaxing and entertaining. The inviting living room is warmed by a gas fireplace, while the open-concept kitchen provides a functional and welcoming space. Enjoy meals in the cozy dining area or at the breakfast bar. This home is designed for comfort with radiant heating and double pane windows provide energy efficiency, while a security gate adds an extra layer of safety. Both bathrooms have been remodeled with granite countertops and tile flooring. The primary suite includes a walk-in closet and a private enclosed patio off the primary bathroom. Additional highlights include an in-unit Bosch electric washer and dryer, a gas water heater installed in 2024, elevators with access to the underground garage with two assigned parking spaces, plus a separate storage unit. These units don't come on the market often. Ideally located just minutes from the Monterey Wharf, Cannery Row, The Aquarium, shopping and dining. This condo offers the perfect blend of convenience, comfort, and classic Monterey charm.

Getting Around

95
WalkingWalker's Paradise
36
TransitSome Transit
69
BikeBikeable

Schools

6/10
Monte VistaGrades K-81.6 mi
8/10
Monterey High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1981

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Electric Oven/Range,Refrigerator,Washer/Dryer
  • Laundry features: Inside

Bathroom

  • Features: ShoweroverTub1, StallShower, FullonGroundFloor

Bedroom

  • Features: GroundFloorBedroom, WalkinCloset, PrimaryBedroomonGroundFloor, BedroomonGroundFloor2plus

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: BreakfastBar, DiningArea

Family Room

  • Features: NoFamilyRoom

Features

  • Walk-In Closet(s),Security Gate
  • Flooring: Carpet,Tile,Vinyl Linoleum
  • Number of fireplaces: 1
  • Fireplace features: Gas,Gas Log,Gas Starter,Living Room

Heating & Cooling

  • Heating features: Fireplace(s),Radiant
  • Cooling features: None

Interior Area

  • Total structure area: 1,247
  • Total interior livable area: 1,247 sqft

Kitchen

  • Features: Countertop_SolidSurfceCorian, Pantry

Property

Accessibility

  • Accessibility features: Elevator/Lift

Details

  • Parcel number: 001861003000
  • Zoning: condo
  • Special condition: Standard

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Balcony/Patio
  • Has view: Yes
  • View description: Bay,City Lights,Ocean
  • Has water view: Yes
  • Water view: Bay,Ocean

Lot

  • Lot size: 1,178 sqft

Parking

  • Total spaces: 2
  • Parking features: Assigned,Enclosed,Garage Door Opener,On Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Coastal Flooding
    Coastal FloodingModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding

FEMA Declared Disasters in Monterey County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,070$48,840
Home Insurance *$141$1,692
Property Taxes $789$9,468
Electricity $398$4,786
Total$5,398$64,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$185,074/yr
40% on housing$161,940/yr
45% on housing$143,946/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$646This listing

vs Other Active Listings

Avg $/sqft

ZIP 93940$637
Monterey County$769

vs Homes Sold Last Month

Median $/sqft

ZIP 93940$681
Monterey County$589

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Price change$900,000
2026-03-01Price change$950,000
2026-01-08Listed for sale$975,000
1997-10-10Sold$207,000

For Sale by Agent

AgentJoyce Fletcher
BrokerageBerkshire Hathaway HS Real Time Realty

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