
Pacific Grove, California 93950
This Tuscan-inspired coastal residence represents a Strong Value Opportunity, listed at $5,690,000—positioned well below the $6,107,472 Fair Market Value by 6%. This valuation gap provides $417,472 in Instant Equity. Featuring unobstructed ocean and golf course views, a private guest unit, and a 4-bedroom layout, the home maintains a Fair Condition Rating. Located near top-rated schools like Robert Down Elementary, this property is an ideal acquisition for high-end investors or owner-occupants seeking a premier Pacific Grove lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1273 Surf Avenue Subject 4 bd · 4 ba · 3,282 sqft · $1,861 | $5,690,000* List Price | 4 | 4 | 3,282 | $1,861 | - |
A 1209 Ocean View Boulevard Active Under Contract 4 bd · 4 ba · 2,600 sqft · $2,192 · 0.2 mi | $5,699,000 List Price | 4 | 4 | 2,600 | $2,192 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is over 20 years old, placing it in the 'Fair' category per age criteria. While the home is exceptionally well-maintained with high-end Viking appliances and solar updates, the kitchen cabinetry and interior finishes reflect the original 20-plus-year-old aesthetic and are considered dated by modern standards.
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 unparalleled access to scenic trails, world-class golf, and local amenities.
The home features soaring ceilings and expansive walls of windows designed to capture stunning, unobstructed views of the bay and golf course from nearly every room.
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 $5.69 million, the property represents a significant investment that may limit the pool of potential buyers to a very specific luxury demographic.
While the 8,000 sq ft corner lot is spacious, its prominent position may offer less seclusion and more street-side exposure than some high-end buyers desire.
Offering more views from more rooms than most other homes, the ocean and golf course views take center stage in this Tuscan-inspired Pacific Grove Beach Tract 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 soaring ceilings with walls of windows capturing the views from the dining area, kitchen, main living spaces, and primary suite. The upstairs primary offers a private retreat with ocean views, a two-desk 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. Finished with hardwood floors, stone counters and a thoughtful design throughout, this rare offering affords the floor plan of today combined with the craftsmanship of old. Accented with patios both front and rear, you have sunsets on the West side and peaceful privacy on the inside. Truly a property hard to find, difficult to duplicate and delight to live in.
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 |
|---|---|---|
| Beds | 4.0 | 2.6 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,282 | 1,342.844 |
| Lot Size | 7,938 | 4,470.75 |
| Price | $5.69M | $1.42M |
| Price per sq ft | $1.7K | $1.2K |
| Built year | 2001 | 1932 |
| HOA | $0 | $0 |
| Days on market | 8 | 62 |
Oct 16, 2026
$5,690,000
Initial Listing
Aug 9, 1999
$695,000
Public Record