Listed 96 days ago · April 14, 2026 | MLS# ML82042210
$688/sqft -15% vs Monterey avg
What this means: Priced below the Monterey per-sqft average. Compare to recent sales below for context.
Est. $7,884/moP&I $5,682 · Tax $1,141 · Insurance $262 · HOA $800Assumes 20% down ($219,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Monterey, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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2 Bed / 3 Bath / 1,591 sqft on 1,457 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $1.1M vs City Average $1.5M
$688/sqft compared to Monterey avg $808/sqft (-14.8%).
Best fit forActive BuyersMonterey SearchersMove-Up / Move-In
About This Home
Tucked within the intimate Villa Via Joaquin community in the heart of downtown Monterey, this home offers a rare sense of privacy just moments from the area's best dining, shopping, and waterfront.
This 2-bedroom, 2.5-bath residence spans approximately 1,591 square feet and features a reverse living floor plan that elevates the everyday. Upstairs, vaulted ceilings and expansive windows fill the living space with natural light while framing serene, forested ravine views. A gas fireplace anchors the room, and the open kitchen with high-end appliances is designed for effortless entertaining.
Two private decks extend the living space outdoors, offering a quiet place to take in the surrounding greenery.
Downstairs, both bedrooms are ensuite, including a spacious primary suite with dual vanities, an oversized walk-in shower, and its own fireplace, a rare and inviting feature at this price point. The guest suite opens to a private patio, creating a comfortable retreat for visitors.
Set within a boutique 15-unit gated community, residents enjoy a sunlit central courtyard with fountain, providing a peaceful contrast to the energy of downtown just beyond.
A refined take on downtown living, where privacy, light, and location come together with ease.
MLS ID #ML82042210, Ryan Sherman. Listing provided by Compass · MLSListings Inc.
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Property Details
Property Type
Condominium
Year Built
1982
Bedrooms
2
Bathrooms
2 Full, 1 Half
Living Area
1,591 sqft
Lot Size
1,457 sqft
Garage
2 Spaces
Price/sqft
$688
County
Monterey
MLS Number
ML82042210
Status
Pending
Stories
N/A
HOA
$800/mo
Interior Features
Baseboard
Exterior & Lot
RolledHotMop Roof2-Car Garage0.03 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
7 Via Joaquin 5, Monterey, CA 93940 · Monterey County
Market Context
Price Positioning
$Price context: Listed at $688/sqft vs Monterey avg $808/sqft (14.8% below).
$Sale-to-list: Monterey homes selling at 99.5% of asking.
⏲Velocity: City avg 38 days. This home: 96 days.
🏠Inventory:22 2-bedroom homes currently available in Monterey.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
Buyers and sellers researching MonteRegioPetersGate in Monterey will find 7 Via Joaquin 5 to be a strong reference point. Pending sale at $1,095,000, this 2-bed, 3-bath home sits in a market where comparable properties average $808 per square foot. Homes in Monterey (93940) are currently averaging 38 days on market.
2-Bedroom Homes for Sale in Monterey 93940
Browse 2-bedroom condominium listings in the MonteRegioPetersGate area of Monterey. Properties in 93940 are currently averaging $808 per square foot with 38 days on market.
What to Expect When Buying in MonteRegioPetersGate
The MonteRegioPetersGate market in Monterey features a mix of condominium properties ranging from starter homes to luxury estates. Current inventory levels suggest moderate conditions for buyers in this area.
Listed at $1,095,000 ($688/sqft). Monterey avg is $808/sqft, placing this 14.8% below. Comparable recent sales help frame the value.
Listed 96 days (as of April 14, 2026). Monterey average is 38 days.
Est. $7,884/mo with 20% down ($219,000) at 6.75%. Includes principal & interest ($5,682), property tax ($1,141), and insurance ($262). HOA: $800/mo. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 89 active listings in Monterey (22 are 2-bedroom). At $1,095,000 this is positioned against the city average of $1,476,707. Similar homes have sold at 99.5% of asking.
2-bedroom homes in Monterey (93940) are currently averaging $808 per square foot. Market activity shows homes spending an average of 38 days on market in this area.
7 Via Joaquin 5 in Monterey is currently listed at $1,095,000. This 2-bedroom, 3-bathroom condominium is located in the MonteRegioPetersGate area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Jul 19, 2026 12:15 PM PT. 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.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Jul 19, 2026 12:15 PM PT | Source: MLSListings Inc.
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