529 Wave Street

Ocean Views on Cannery Row: Charming Coastal Opportunity. Nestled on a 4,400 sq ft lot in one of the peninsulas most coveted coastal villages, this property presents an exceptional opportunity to acquire a piece of Monterey real estate in a prime location perfect for renovation, redevelopment, or creating your dream home just steps from the water. Built in 1924, this single-family residence combines historical character with outstanding potential. Just steps from the scenic Monterey Bay Coastal Trail, world-class dining, boutique shopping, and the iconic Cannery Row entertainment district. Key Highlights: Desirable New Monterey location with close proximity to coastal amenities, recreation, and cultural attractions. Ideal for those seeking a personal residence, investment property, or renovation project in an enviable Monterey setting. Whether you're drawn to coastal living, historic charm, or investment potential. Brokers and agents cannot guarantee the accuracy of square footage, permits, lot size, or condition. Buyers should verify all information with licensed professionals. Some pictures are digitally altered to reflect virtual staging.

Days on Market

1 day

Current Status

Active

Original Price

$1,486,500

List Price

$1,486,500

On Market Date

Mar 4, 2026

Property Type

Single Family Home

Area

111 - Cannery Row/Lighthouse Business District

Zip Code

93940

MLS ID

ML82035208

APN

001-025-005-000

Year Built

1924

Stories in Building

1

Possession

Unavailable

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

3

Bath

2 (1/1)

Parking

0

Uncovered Parking

SQ FT

1,050

SQ FT Source

Unavailable

Lot SQ FT

4,400.0

Lot Acres

0.10101 Acres

Cooling

None

Dining Room

Dining Area

Disclosures

None

Family Room

Other

Foundation

Other

Fire Place

Wood Burning

Heating

Other

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.