541 & 539 W Franklin St, Monterey, CA, 93940
About This Home
"Hansel & Gretel" Fairy tale homes with a ship builders influence in these charming homes just two blocks to downtown Monterey. Main house boasting 2 bedrooms/2 baths plus private backyard full of lemons and sunshine. Separate guest cottage with high ceilings and private back yard as well as front patio with lush landscaping. All the charm with thick plaster walls, vaulted ceilings, rolling roof. These darling homes located in the highly desirable Old Town Monterey Neighborhood.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1932
Materials
- Foundation: Crawl Space
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Tudor
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Exhaust Fan,Gas Oven/Range,Refrigerator
- Laundry features: In Garage,Inside
Bathroom
- Features: StallShower2plus, FullonGroundFloor
Bedroom
- Features: GroundFloorBedroom
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Features: DiningAreainLivingRoom
Family Room
- Features: NoFamilyRoom
Features
- High Ceilings,Vaulted Ceiling(s)
- Flooring: Carpet,Vinyl Linoleum,Wood
- Number of fireplaces: 1
- Fireplace features: Living Room,Wood Burning
Heating & Cooling
- Heating features: Floor Furnace,Gas,Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 1,707
- Total interior livable area: 1,707 sqft
Kitchen
- Features: Countertop_Tile, ExhaustFan
Property
Details
- Parcel number: 001531003000
- Zoning: R 3-6
- Special condition: Standard
Features
- Stories: 2
- Patio & porch: Balcony/Patio
- Exterior features: Back Yard,Fenced
- Fencing: Back Yard
Lot
- Lot size: 9,035 sqft
- Features: Mostly Level
Parking
- Total spaces: 2
- Parking features: Detached,Off Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Coastal Flooding
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Monterey County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,338 | $100,056 |
| Home Insurance * | $290 | $3,480 |
| Property Taxes | $865 | $10,380 |
| Electricity | $398 | $4,786 |
| Total | $9,891 | $118,692 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-29 | Listed for sale | $1,649,000 |
View on Zillow