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1 Greenwood Way, Monterey, CA, 93940

4beds
3baths
2,625sqft
$1,695,000
$646price/sqft
$11,080/moest. monthly cost
$443,200/yrincome needed

About This Home

Luxury in the hills above Monterey! Come up the hill and enjoy the spectacular views of Monterey Bay and from this beautiful 3 bedroom, 2.5 bath home. Situated among the forest of the Monterey hills, this 2600 Sq. Ft. home has plenty of room for everyone.

Getting Around

6
WalkingCar-Dependent
21
TransitMinimal Transit
7
BikeSomewhat Bikeable

Schools

6/10
Monte VistaGrades K-80.5 mi
8/10
Monterey High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1980

Materials

  • Roof: Spanish Tile
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Exhaust Fan
  • Laundry features: In Garage

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Ceramic Tile,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 2,625
  • Total interior livable area: 2,625 sqft

Property

Details

  • Parcel number: 014101001000

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Spa features: None
  • Fencing: Block
  • Has view: Yes
  • View description: Hills,Trees/Woods

Lot

  • Lot size: 0.32 Acres
  • Features: Hillside

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage - 2 Car
  • 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

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 $8,570$102,840
Home Insurance *$298$3,576
Property Taxes $1,650$19,800
Electricity $562$6,754
Total$11,080$132,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$379,885/yr
40% on housing$332,400/yr
45% on housing$295,466/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$635
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
2026-06-23Listed for sale$1,695,000
2016-01-12Sold$775,000
2015-11-17Pending sale$749,000
2015-10-22Listed for sale$749,000
2015-02-18Sold$1,234,911
2011-09-22Sold$556,595

For Sale by Agent

AgentSusan Hackett
BrokerageHilton & Hyland

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