111 12th Street, Pacific Grove, California 93950, Pacific Grove, 93950 - 3 bed, 4 bath
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Pacific Grove, California 93950
This Historic Coastal Residence represents a Prime Investment Opportunity, listed at $3,199,000—positioned well below the $3,300,967 Fair Market Value by 3%. This valuation gap provides $101,967 in Instant Equity. Featuring Spectacular Bay Views and a Condition Rating of 3, the home offers a rare blend of 1905 character and modern updates. Located near Top-Rated Schools like Robert Down Elementary and Pacific Grove High, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prestigious, historic lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 12th Street Subject | $3,129,000* List Price | 3 | 4 | 2,517 | $1,271 | - |
A 132 Forest Avenue Active | $2,899,000 List Price | 3 | 3 | 2,316 | $1,252 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1905 and held by the same family for 70 years, the property is exceptionally well-maintained and move-in ready. Interior images reveal updated bathrooms with marble countertops and contemporary vanities, alongside clean living spaces and a well-preserved exterior. The renovations appear to be within the 10-20 year range, making it functional and well-maintained despite its historic age.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
The property boasts spectacular, unobstructed views of Lovers Point and Monterey Bay from multiple rooms, providing a quintessential and highly sought-after Pacific Grove living experience.
Built in 1905 and held by the same family for 70 years, this home features rare original details including hardwood floors and a Carmel stone fireplace, offering a unique piece of local history.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2822, other record lot size in square feet = 3600. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2822, living area = 2517.
With a lot size of only 2,822 square feet for a 2,517 square foot residence, the property offers very little outdoor yard space or privacy from neighboring homes.
First time on the market in 70 years. Spectacular views of Lovers Point and Monterey Bay from multiple rooms and windows are the heart of this charming 2517 sqft home. Unique quiet street that is across from a city maintained park. Original hardwood floors and Carmel stone fireplace in the living room. 3 bedrooms, 4 bathrooms, eat in kitchen, dining room, living room. Primary bedroom is upstairs with big views and a 2nd fireplace. Primary features a huge bathroom plus large gathering area upstairs which may be a possible 4th bedroom. Closets galore throughout this home. Lovely garden for morning coffee or outdoor meals. Truly a unique piece of Pacific Grove History.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,517 | 1,534 |
| Lot Size | 2,822 | 5,311 |
| Price | $3.13M | $1.45M |
| Price per sq ft | $1.2K | $1.1K |
| Built year | 1905 | 1920 |
| HOA | $0 | $0 |
| Days on market | 64 | 44 |
Jul 11, 2026
$3,129,000
$3,199,000
-2% Price Drop
Initial Listing
May 19, 2026
$3,199,000
Initial Listing