1051 Ocean View Boulevard, Pacific Grove, California 93950, Pacific Grove, 93950 - 4 bed, 5 bath
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Pacific Grove, California 93950
This Iconic Oceanfront Estate is a Strong Value Opportunity, listed at $7,200,000—positioned well below the $7,590,165 Fair Market Value by 5%. This valuation gap offers $390,165 in Instant Equity. Known as "Casa de la Roca," the residence maintains a Good Condition Rating, featuring dual primary suites, a detached guest house, and unobstructed panoramic views of the Monterey Bay Marine Sanctuary. Located near top-rated schools like Robert Down Elementary and Pacific Grove High, it balances lifestyle luxury with financial upside. This is an ideal acquisition for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1051 Ocean View Boulevard Subject | $7,200,000* List Price | 4 | 5 | 4,108 | $1,848 | - |
A 1273 Surf Avenue Active | $5,999,000 List Price | 4 | 4 | 3,282 | $1,828 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1924, this oceanfront estate has been extensively renovated and is in move-in ready condition. The interior features high-end finishes including dark wood custom cabinetry, granite countertops, and professional-grade stainless steel appliances in the kitchen. The home boasts updated recessed lighting, modern windows, and pristine hardwood flooring throughout. While the quality is exceptional, the specific aesthetic of the kitchen and fixtures suggests the renovation took place within the 5 to 15-year range, aligning with the 'good' classification rather than a brand-new 'excellent' rating.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Situated directly above the Marine Gardens Conservation Area, this estate offers unparalleled, unobstructed panoramic views of Monterey Bay and front-row access to world-class marine life.
With over 4,000 square feet of living space, the property features dual primary suites and a detached guest house, providing exceptional flexibility for hosting or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4108, other record living area = 4051. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.
The property's direct proximity to the rugged shoreline subjects the structure and mechanical systems to harsh salt air and coastal elements, requiring rigorous ongoing maintenance.
Located on the prominent Ocean View Boulevard, the property may experience reduced privacy and increased ambient noise due to its popularity as a major tourist and pedestrian thoroughfare.
Perched along the dramatic, wave-carved coastline of Pacific Grove, this prominent oceanfront estate stands as a sentinel to the protected waters of the Monterey Bay Marine Sanctuary. Positioned directly above the Marine Gardens Conservation Area, this crown jewel offers an extraordinary front-row seat to one of the most pristine and abundant ecosystems in the world. Originally built in 1924, the home encompasses over 4,000 square feet of modern luxury, featuring dual primary suites with breathtaking views, additional en-suite bedroom, large corner lot with a lush garden and lawn, 2 car garage, and detached guest house. Expansive terraces and balconies frame sweeping panoramic views, capturing sunrise to sunset. Here, your morning rhythm is dictated not by an alarm clock, but by the migration of gray whales and the pulse of the tides. A home where the Pacific Ocean filters the air and calms your mind. It's not just a view; it's a biological imperative for a longer, healthier lifestyle rooted in wellness, tranquility, and timeless connection. True to its name, Casa de la Roca is both grounded and enduring, anchored to the rugged shoreline and intimately intertwined with natural formations that define this iconic stretch of coast; a rare offering of strength, beauty, and legacy.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 86% |
| Baths | 5.0 | 2.0 | 96% |
| Square foot | 4,108 | 1,352 | 96% |
| Lot Size | 9,507 | 4,650 | 92% |
| Price | $7.20M | $1.32M | 96% |
| Price per sq ft | $1.8K | $1.0K | 98% |
| Built year | 1924 | 1949 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 153 | 4% |
Mar 31, 2026
$7,200,000
Initial Listing
Jul 26, 2022
$6,650,000
Public Record