1051 Ocean View Boulevard, Pacific Grove, California 93950, Pacific Grove, 93950 - 4 bed, 5 bath
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Pacific Grove, California 93950
This Stunning Oceanfront Estate is a Strong Value Opportunity, listed at $7,200,000—positioned well below the $7,686,221 Fair Market Value by 6%. This valuation gap offers $486,221 in Instant Equity for the discerning buyer. Featuring a Good Condition Rating with high-end renovations, the home offers a 4,108 sq ft layout with dual primary suites and panoramic ocean views. Located near top-rated schools like Robert Down Elementary, this property is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors.
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 | $1,871 | - |
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.
While originally built in 1924, the property has undergone a comprehensive high-end renovation. The kitchen features dark wood cabinetry, granite countertops, and stainless steel appliances, while the bathrooms showcase modern stone tiling and updated fixtures. The aesthetic and condition suggest the renovation occurred within the last 5-15 years, placing it in the 'Good' category as a well-maintained, move-in ready luxury estate.
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 immediate access to the iconic Pacific Grove shoreline.
The 4,108 sq ft floor plan is exceptionally well-appointed, featuring dual primary suites and a detached guest house, providing rare flexibility for multi-generational living or high-end guest accommodations.
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 exposure to the 'wave-carved coastline' and salt air necessitates rigorous and costly ongoing maintenance to protect the structure and finishes from the harsh marine environment.
Listed at $7.2M following a $6.65M sale in 2022, the property sits at the highest echelon of the local market, which may result in a longer absorption period given the specialized buyer pool required.
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 sq ft 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, full basement, 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. More than a visual backdrop, the view enriches everyday life, promoting a sense of balance, wellness, and harmony with nature. 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 |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,108 | 1,534 |
| Lot Size | 9,507 | 5,311 |
| Price | $7.20M | $1.45M |
| Price per sq ft | $1.8K | $1.1K |
| Built year | 1924 | 1920 |
| HOA | $0 | $0 |
| Days on market | 40 | 44 |
Jun 12, 2026
$7,200,000
Initial Listing
Jul 26, 2022
$6,650,000
Public Record