1114 Miles Avenue, Pacific Grove, California 93950, Pacific Grove, 93950 - 3 bed, 2 bath
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Pacific Grove, California 93950
This Value-Driven Coastal Residence is a Strong Value Opportunity, listed at $839,000—positioned well below the $889,991 Fair Market Value by 5%. This valuation gap provides $50,991 in Instant Equity for the incoming buyer. The home maintains a Good Condition Rating, featuring updated laminate flooring, butcher-block countertops, and a private deck. Located in the prestigious Pacific Grove Unified School District near Pacific Grove High (9/10), the property offers rare off-street RV parking. This is an ideal opportunity for Owner-Occupants or first-time buyers seeking entry into a premier coastal community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1114 Miles Avenue Subject | $839,000* List Price | 3 | 2 | 1,155 | $771 | - |
A 1113 Presidio Boulevard Sold | $1,030,000 | 3 | 2 | 1,238 | $832 | 0.1 mi |
B 1223 Funston Avenue Sold | $960,000 | 3 | 2 | 1,441 | $666 | 0.2 mi |
C 1001 David Avenue Sold | $839,000 | 2 | 1 | 890 | $943 | 0.2 mi |
D 977 Ransford Avenue Sold | $809,000 | 3 | 1 | 945 | $856 | 0.4 mi |
E 979 Syida Drive Sold | $1,075,000 | 4 | 3 | 1,339 | $803 | 0.2 mi |
F 1227 Shafter Avenue Active Under Contract | $912,000 List Price | 3 | 2 | 1,000 | $912 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1959, the property has undergone significant cosmetic updates including new laminate flooring, fresh interior paint, and updated butcher-block style countertops and a stainless dishwasher. The home appears well-maintained, functional, and move-in ready, though the kitchen cabinetry and bathroom tiling reflect an older renovation style.
High School: Pacific Grove High School (9/10).
Situated in the highly desirable Pacific Grove community, the property offers exceptional proximity to the Monterey Bay Coastal Recreation Trail, local beaches, and a vibrant downtown area.
The home provides access to the prestigious Pacific Grove Unified School District, including high-ranking schools like Pacific Grove High (9/10) and Pacific Grove Middle (8/10), which bolsters long-term investment value.
With only one full bathroom and one half-bathroom serving three bedrooms, the layout may be less convenient for families or guests compared to modern 3-bedroom, 2-full-bath standards.
At 1,155 square feet, the interior footprint is relatively modest for a three-bedroom residence, which may feel restrictive for buyers seeking more spacious common areas or larger bedrooms.
Welcome to 1114 Miles Avenue, ideally located in the heart of Pacific Grove, one of the Monterey Peninsulas most desirable coastal communities. Known for its charm, strong schools, and close-knit feel, Pacific Grove offers an exceptional lifestyle just moments from the coastline, scenic trails, and vibrant downtown. This well-maintained home features 1,155 sq. ft. of living space on a 4,749 sq. ft. lot, offering three bedrooms, one full bathroom, and one half bathroom. The interior includes a practical blend of laminate and tile flooring, designed for comfortable, low-maintenance living. The property offers valuable off-street parking, ideal for recreation vehicles, additional vehicles, or hobby/storage needsan uncommon convenience in this area. Enjoy easy access to the Monterey Bay Coastal Recreation Trail, nearby beaches, parks, and local shops and restaurants. Whether as a primary residence, weekend retreat, or investment, this home presents a compelling opportunity to enjoy the Pacific Grove lifestyle.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,155 | 1,339.5 | 31% |
| Lot Size | 4,749 | 4,697 | 52% |
| Price | $839.0K | $1.30M | 13% |
| Price per sq ft | $726 | $1.0K | 10% |
| Built year | 1959 | 1950 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 154 | 2% |
Apr 13, 2026
$839,000
Initial Listing