1186 Jewell Avenue, Pacific Grove, California 93950, Pacific Grove, 93950 - 0 bed, 0 bath
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Pacific Grove, California 93950
Analysis of 1186 Jewell Avenue, Pacific Grove, California 93950 is currently available with a list price of $1,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Pacific Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1959 and held by the same owner for 30 years, the property is well-maintained but significantly dated. The kitchens and bathrooms feature older cabinetry, laminate/tile surfaces, and aged appliances consistent with a 20-30 year old renovation. While functional and move-in ready, the interior requires cosmetic and system updates to meet modern standards.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
As a legal duplex featuring separate entrances, kitchens, and fireplaces for both units, this property offers excellent versatility for rental income or multi-generational living.
Situated just a short scenic stroll from the beach in Pacific Grove, the property is located in a highly desirable area with access to top-rated schools and coastal amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2427, other record living area = 1499.
Offered for the first time in 30 years, the 1959 construction likely requires substantial remodeling and modernization to meet current market expectations for luxury and efficiency.
Given the age of the home and its proximity to the ocean, buyers should expect the need for inspections and potential upgrades to older plumbing, electrical, and exterior systems.
This ranch home is a legal duplex, just a short scenic stroll to the beach. First time available in 30 years, 3 bed, 2 bath in front unit and 2 bed, 1 bath unit in back, separated by a breeze way. Both units have a separate entrance, living room with fireplace, full kitchen, and private outdoor space. You will love the quarter acre of mature gardens, fruit trees, deer resistant vegetable gardens, and large deck perfect for entertaining! Great potential to remodel or move in and enjoy.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,427 | 2,427 | 50% |
| Lot Size | 11,600 | 5,200 | 67% |
| Price | $2.00M | $1.50M | 67% |
| Price per sq ft | $822 | $641 | 67% |
| Built year | 1959 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 1343 | 341 | 0% |
Sep 22, 2022
$1,850,000
Public Record
Aug 18, 2022
$1,995,000
Initial Listing