502 Pierce St

2,245 Sq. Ft.
$1,448 / Sq. Ft.
2,245
Sq. Ft.
$1,448
per Sq. Ft.

Description

Welcome to Casa de la Torre, a historical gem in Monterey at Jefferson and Pierce Streets overlooking Friendly Plaza. This magnificent adobe presents a rare opportunity to own a piece of Monterey's history, located in the esteemed Monterey Old Town National Historic Landmark district and featured in renowned books for its significance. As the first Mills Act contract recipient in Monterey County, it offers reduced property taxes, making it both a treasure and a smart investment. The main structure...Welcome to Casa de la Torre, a historical gem in Monterey at Jefferson and Pierce Streets overlooking Friendly Plaza. This magnificent adobe presents a rare opportunity to own a piece of Monterey's history, located in the esteemed Monterey Old Town National Historic Landmark district and featured in renowned books for its significance. As the first Mills Act contract recipient in Monterey County, it offers reduced property taxes, making it both a treasure and a smart investment. The main structure features 1 bedroom, 1 bathroom, and a loft over 1,735 sq ft. It also includes a detached guest quarters with 1 bedroom and 1 bathroom over 510 sq ft, totaling 2,245 sq ft. Recent solar panels and a solarium enhance its charm. Casa de la Torre, built around 1851 by Francisco Pinto, was home to Jose Remigio de la Torre, and later bought by Katherine Osborne in 1923. Artist Myron Oliver resided here mid-20th century. This site testifies to Monterey's rich architectural and cultural heritage, reflecting the area's vibrant past. Casa de la Torre stands as a living testament to this legacy, inviting you to make it your sanctuary. Don't miss your chance to own this unparalleled piece of history, embodying the timeless elegance and historical allure of adobe architecture. Zoned mixed use.

Listing Agent

  1. Angolee Bode

    Angolee Bode

    Listing Agent

    Compass

    DRE #02070475

    angolee.bode@compass.com

    P: (831)-236-5290

Property Details for 502 Pierce Street

MLS City Name
MONTEREY
Building Type
Detached
Garage Spaces
0
Parking Spaces
0
Cross Street
Jefferson
LISTING UPDATED: 01/19/2026 03:20 AM

Property Details for 502 Pierce Street

StatusActive
MLS #ML82025559
Days on Compass91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle-Family Homes / Duet
Year Built1851
Lot Size0.13 AC / 5,500 SF
CountyMonterey County

Location

Listing Courtesy of Compass, Angolee Bode, DRE #02070475
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Building Information for 502 Pierce Street

Stories2Year Built1851Building Size-Lot Size0.13 AC / 5,500 SF

Payment Calculator

$17,529 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,840

Property Taxes

$1,689

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 502 Pierce Street

Features
External Links
Room Information
  • Additional Rooms: Artist Studio, Den / Study / Office, Loft, Storage
  • Dining Room: Other
  • Family Room: Separate Family Room
  • Number of Full Bathrooms: 2
  • Number of Half Bathrooms: 0
Features
  • Energy Features: Solar Power, Tankless Water Heater
  • Fireplace: Yes
  • Fireplaces: Living Room, Other Location
  • Fireplaces Min: 3
  • Flooring: Tile, Wood
  • Living SqFt: 2245
  • Pool: No
Utilities
  • Cooling: None
  • Heating: Electric, Radiant
  • Sewer Septic: Sewer - Public
  • Utilities: Solar Panels - Owned
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Carport, On Street
  • Garage Max: 0
  • Garage Min: 0
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Old Town Monterey
  • Roof: Shake, Shingle, Tile
  • Stories: Two Story
  • Subclass: Single Family Home
  • Year Built Source: Other
  • Street Number: 502
  • Street Name: Pierce
  • Street Suffix: Street
  • Area ID: 112
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Structure SqFt: 2245
  • Structure SqFt Source: Other
  • Age: 174
Development Information
  • Construction Type: Adobe, Wood
  • Zoning Detail: PC-D-H1
Location Information
  • Parcel Number: 001-523-001-000
  • County Name: Monterey
  • City Name: MONTEREY
  • City Postal ID: 38
  • Postal Code: 93940
  • Elementary School District: 438
  • High School District Text: Monterey Peninsula Unified
Lot Information
  • Fencing: Fenced Back, Wood
  • Foundation: Masonry Perimeter
  • Horse Property: No
  • Lot Acres: .13
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor

Property History for 502 Pierce Street

DateEvent & SourcePriceAppreciation
Jan 5, 2026

Price Change

EBRD #ML82025559

$3,250,000
Jan 5, 2026

Price Change

MLSListings #ML82025559

$3,250,000
Oct 25, 2025

Price Change

MLSListings #ML82025559

$3,500,000
Oct 25, 2025

Price Change

EBRD #ML82025559

$3,500,000
Oct 22, 2025

Listed (Active)

MLSListings #ML82025559

$3,250,000
Oct 22, 2025

Listed (Active)

EBRD #ML82025559

$3,250,000
Apr 1, 2020

Sold (Public Record)

Public Record #665957010

$1,602,500

-1.2% / yr

Jul 31, 2015

Sold

MLSListings #ML81453816

$1,700,000
Jul 31, 2015

Sold

EBRD #ML81453816

$1,700,000
Apr 15, 2015

Sold (Public Record)

Public Record #552889052

$1,700,000

+24.4% / yr

Mar 18, 2015

Pending

MLSListings #ML81453816

Mar 18, 2015

Pending

EBRD #ML81453816

Mar 6, 2015

Listed (Active)

MLSListings #ML81453816

$1,595,000
Mar 6, 2015

Listed (Active)

EBRD #ML81453816

$1,595,000
Jan 12, 2012

Sold (Public Record)

Public Record #322597343

$835,000

+0.7% / yr

Jul 23, 2003

Sold (Public Record)

Public Record #116426056

$784,000
DateEvent & SourcePrice
01/05/2026

Price Change

EBRD #ML82025559

$3,250,000
01/05/2026

Price Change

MLSListings #ML82025559

$3,250,000
10/25/2025

Price Change

MLSListings #ML82025559

$3,500,000
10/25/2025

Price Change

EBRD #ML82025559

$3,500,000
10/22/2025

Listed (Active)

MLSListings #ML82025559

$3,250,000
10/22/2025

Listed (Active)

EBRD #ML82025559

$3,250,000
04/01/2020

Sold (Public Record)

Public Record #665957010

$1,602,500

-1.2% / yr

07/31/2015

Sold

MLSListings #ML81453816

$1,700,000
07/31/2015

Sold

EBRD #ML81453816

$1,700,000
04/15/2015

Sold (Public Record)

Public Record #552889052

$1,700,000

+24.4% / yr

03/18/2015

Pending

MLSListings #ML81453816

03/18/2015

Pending

EBRD #ML81453816

03/06/2015

Listed (Active)

MLSListings #ML81453816

$1,595,000
03/06/2015

Listed (Active)

EBRD #ML81453816

$1,595,000
01/12/2012

Sold (Public Record)

Public Record #322597343

$835,000

+0.7% / yr

07/23/2003

Sold (Public Record)

Public Record #116426056

$784,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 502 Pierce Street

Taxable ValueLand$1,093,645Additions$658,918Total$1,752,563
Tax Record2025$20,274 ($1,689 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,504 SqFtAbove Grade Finished SqFt1,504 SqFtStories1Lot Size4,000 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1992CountyMONTEREYAPN010-015-018-000Fireplace TypeHas Fireplace

Schools near 502 Pierce Street

This home is within Monterey Peninsula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Charter - K to 8
Public - 9 to 12
Rating
School
Distance
Monte Vista
PublicK to 8

Monterey High School
Public9 to 12

International School Of Monterey
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

502 Pierce Street is a single family home for sale in Monterey, CA 93940. This property was listed for sale on October 22, 2025 by Compass, it's currently listed at $3,250,000. It has been on the market for a total of 91 days and was last sold on April 1, 2020. This listing's school district is Monterey Peninsula Unified School District. Nearby schools include Monte Vista, Monterey High School and International School Of Monterey. 502 Pierce Street is a 3-bed, 2-bath, 2,245 sqft single family home built in 1851.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Angolee Bode, DRE #02070475

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.