According to Dillehay and his team, Monte Verde II (MV-II) was occupied around 14,800 – 13,800 BP by about twenty to thirty people. A twenty-foot-long tent-like structure of wood and animal hides was erected on the banks of the creek and was framed with logs and planks staked in the ground, making walls of poles covered with animal hides. Using ropes made of local reeds, the hides were tied to the poles creating separate living quarters within the main structure. Outside the tent-like structure, two large hearths had been built for community usage, most probably for tool making and craftwork.

Each of the living quarters had a brazier pit lined with clay. Around those hearths, many stone tools and remnants of spilled seeds, nuts, and berries were found. A 13,000-year-old specimen of the wild potato, Solanum maglia, was also found at the site; these remains, the oldest on record for any species of potato, wild or cultivated, suggest that southern Chile was one of the two main centers for the evolution of Solanum tuberosum tuberosum, the common potato. Remains of forty-five different edible plant species were found within the site, over a fifth of them originating from up to 150 miles (240 km) away. This suggested that the people of Monte Verde either had traded on or traveled regularly in this extended network.

Other important finds from this site include human coprolites, a footprint, assumed to have been made by a child, stone tools, and cordage. Dr. Dillehay obtained the date for this site by radiocarbon dating charcoal and bone found within the site.

In the May 9, 2008 issue of Science, a team reported that they identified nine species of seaweed and marine algae recovered from hearths and other areas in the ancient settlement. The seaweed samples were directly dated between 14,220 and 13,980 years ago.