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575 Foam St #D, Monterey, CA, 93940

3beds
2baths
1,718sqft
$1,850,000
$1,077price/sqft
$11,048/moest. monthly cost
$441,920/yrincome needed

About This Home

In the heart of Montereys historic and vibrant Cannery Row district, this luxury residence is one of just four units designed by renowned architect Eric Miller. Offering 3 bedrooms, 2 bathrooms, in-unit laundry, secure gated garage parking, and elevator access, this top-floor residence pairs sophisticated design with effortless coastal living, making it an ideal lock-and-leave retreat. A standout feature is the expansive private rooftop deck, exclusively for this unit, complete with an outdoor kitchen and wide bay viewsan extraordinary setting for entertaining, dining al fresco, or simply enjoying the Monterey lifestyle above it all. The home also features premium interior and exterior finishes, 10-foot ceilings, central heat and A/C, and a state-of-the-art security system. Ideally located near Cannery Row, the Monterey Bay Aquarium, acclaimed restaurants, Monterey Plaza Hotel & Spa, beaches, and the coastal recreation trail, this turnkey residence is a rare offering in one of Montereys most coveted locations.

Getting Around

94
WalkingWalker's Paradise
36
TransitSome Transit
75
BikeVery Bikeable

Schools

6/10
Monte VistaGrades K-81.7 mi
8/10
Monterey High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Permanent,Other,Concrete Perimeter and Slab,Quake Bracing,Reinforced Concrete
  • Roof: Flat
  • Construction materials: Concrete

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Exhaust Fan,Freezer,Disposal,Range Hood,Microwave,Refrigerator,Washer/Dryer
  • Laundry features: Inside

Bathroom

  • Features: DoubleSinks, PrimaryStallShowers, Other, StallShower, Stone

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: BreakfastBar, DiningAreainLivingRoom

Family Room

  • Features: NoFamilyRoom

Features

  • High Ceilings,One Or More Skylights,Security Gate
  • Number of fireplaces: 1
  • Fireplace features: Living Room

Heating & Cooling

  • Heating features: Central Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,718
  • Total interior livable area: 1,718 sqft

Kitchen

  • Features: ExhaustFan, Hookups_Gas, Pantry, Skylights

Property

Accessibility

  • Accessibility features: Elevator/Lift

Details

  • Parcel number: 001062027000
  • Zoning: R2
  • Special condition: Standard

Features

  • Fencing: Perimeter,Gate,Wood
  • Has view: Yes
  • View description: Bay,City Lights,Mountain(s)
  • Has water view: Yes
  • Water view: Bay

Parking

  • Total spaces: 2
  • Parking features: Assigned,Common,Enclosed,Garage Door Opener,Lighted,Parking Area
  • 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 $9,354$112,248
Home Insurance *$325$3,900
Property Taxes $971$11,652
Electricity $398$4,786
Total$11,048$132,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$378,788/yr
40% on housing$331,440/yr
45% on housing$294,613/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

$1,077This listing

vs Other Active Listings

Avg $/sqft

ZIP 93940$630
Monterey County$768

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
2026-04-23Listed for sale$2,000,000
2025-10-05Listing removed$7,300
2025-09-12Listed for rent$7,300
2023-03-31Listing removed--
2023-02-28Listing removed--
2023-02-15Listed for sale$2,400,000
2023-01-23Listed for rent$7,500
2023-01-06Listing removed--
2022-11-10Listed for rent$7,500

For Sale by Agent

AgentShelly Lynch
BrokerageCarmel Realty Company

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