131 7th Street, Pacific Grove, California 93950, Pacific Grove, 93950 - 3 bed, 3 bath
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Pacific Grove, California 93950
This Historic Coastal Victorian is listed at $3,498,000, representing a stable acquisition aligned with its $3,483,174 Fair Market Value. Following a significant price correction, this turnkey residence offers a rare opportunity in a premier coastal market. Boasting a Good Condition Rating, the home features a chef's kitchen with Viking appliances, rooftop decks with filtered bay views, and immediate proximity to Top-Rated Schools like Robert Down Elementary (9/10) and Pacific Grove High (9/10). This meticulously maintained property is a perfect match for lifestyle-driven buyers or Owner-Occupants seeking historic character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 131 7th Street Subject | $3,498,000* List Price | 3 | 3 | 2,354 | $1,480 | - |
A 859 Balboa Avenue Sold | $3,255,000 | 3 | 2 | 1,869 | $1,742 | 0.9 mi |
B 155 12th Street Sold | $2,735,000 | 3 | 2 | 2,109 | $1,297 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This historic Victorian is in high-quality, move-in ready condition. The chef's kitchen features premium Viking appliances and the interior shows evidence of updated systems, including recessed lighting and modern electrical. While the kitchen and bathroom finishes appear to be from a renovation approximately 10-15 years ago, they are exceptionally well-maintained and functional, fitting the 'Good' criteria perfectly.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Situated just two blocks from the water's edge, this property offers exceptional walkability to the Monterey Bay Aquarium, coastal trails, and downtown Pacific Grove's dining and shopping.
This beautifully maintained Victorian preserves its 1890s character while featuring high-end modern amenities, including a chef's kitchen equipped with professional-grade Viking appliances.
The property has seen a significant price reduction of $390,000 from its original list price, which may suggest initial overvaluation or a correction to meet current market demand.
Given the home's age (built circa 1890), buyers should anticipate higher ongoing maintenance costs and potential limitations associated with preserving a historic Victorian structure.
Welcome to 131 7th Street in Pacific Grove a beautifully maintained Victorian in the heart of town. Per historic records, built originally around 1890. Offering up to 4 bedrooms, including a main-level primary suite, plus a Bayview attic loft, 2 full baths, 2 half baths, and a full basement, this home blends character with flexibility. Inviting spaces indoors and out make it perfect for entertaining or simply relaxing by the sea. The chefs kitchen with Viking appliances is designed for culinary creativity. Enjoy morning coffee on the welcoming front porch or take in sunset skies from one of two rooftop decks. From several vantage points, delight in filtered views of sparkling Monterey Bay through the trees and down the street. Just two blocks from the waters edge, you'll find coastal trails, boutique shops, the Monterey Bay Aquarium, dining, and golf close by. Each day feels like a getaway whether strolling downtown, cycling the shoreline, or unwinding at home. Rarely does a Victorian this close to the bay come available. Make it yours today!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.2 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 2,354 | 1,352 | 88% |
| Lot Size | 5,691 | 4,650 | 69% |
| Price | $3.50M | $1.32M | 94% |
| Price per sq ft | $1.5K | $1.0K | 84% |
| Built year | 1920 | 1949 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 67 | 153 | 10% |
Apr 19, 2026
$3,498,000
$3,888,000
-10% Price Drop
Initial Listing
Feb 14, 2026
$3,888,000
Initial Listing
Nov 27, 2013
$1,400,000
Public Record