
Pacific Grove, California 93950
This Tuscan-inspired Coastal Estate is a Prime Investment Opportunity, listed at $5,999,000—positioned well below the $6,137,656 Fair Market Value by 2%. This valuation gap offers $138,656 in Instant Equity for savvy buyers. While the property holds a Fair Condition Rating due to its original 2001 finishes, it features unobstructed ocean views, a private guest unit, and proximity to top-rated schools like Robert Down Elementary. This residence perfectly balances lifestyle luxury with appreciation potential. It is an ideal acquisition for Luxury Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1273 Surf Avenue Subject | $5,999,000* List Price | 4 | 4 | 3,282 | $1,870 | - |
A 910 Egan Avenue Sold | $4,800,000 | 3 | 4 | 2,747 | $1,747 | 0.6 mi |
B 1209 Ocean View Boulevard Active | $5,998,000 List Price | 4 | 4 | 2,600 | $2,307 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 25 years old, which falls into the Fair category (>20y). While the home is exceptionally well-maintained and features high-end Viking and Sub-Zero appliances, the kitchen and bathroom aesthetics are original to the construction and are considered dated by current luxury standards. The presence of solar panels suggests updated energy systems, but the overall interior finishes would require cosmetic updates to reach a higher rating.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Situated just 100 yards from the ocean and Pacific Grove Golf Links, this property offers an unparalleled lifestyle with immediate access to scenic trails, beaches, and local amenities.
The Tuscan-inspired architecture features expansive walls of windows that capture breathtaking panoramic views of the bay and golf course from the main living areas and the private primary suite.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At a list price of nearly $6 million, the property sits at a high price point for the area, which may limit the pool of qualified buyers despite its luxury features.
Built in 2001, the Tuscan-inspired finishes may feel dated to modern buyers looking for contemporary coastal interiors, potentially requiring additional investment in renovations.
Ocean and golf course views take center stage in this Tuscan-inspired Pacific Grove home, ideally located just a hundred yards from the front door to the ocean, scenic trails, and Pacific Grove Golf Links, with easy access to local restaurants and coffee shops. Set on a spacious 8,000 sq ft corner lot, the home features an open layout with walls of windows capturing the views from the dining area, main living spaces, and primary suite. The upstairs primary offers a private retreat with ocean views, an office, and a balcony. Additional highlights include two guest bedrooms downstairs, a sunroom, and an attached guest unit above the garage with its own private entrance. A rare opportunity to enjoy coastal living with views, character, and a prime location.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 86% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 3,282 | 1,352 | 96% |
| Lot Size | 7,938 | 4,650 | 86% |
| Price | $6.00M | $1.32M | 96% |
| Price per sq ft | $1.8K | $1.0K | 98% |
| Built year | 2001 | 1950 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 153 | 2% |
Apr 16, 2026
$5,999,000
Initial Listing
Aug 9, 1999
$695,000
Public Record