132 Forest Avenue, Pacific Grove, California 93950, Pacific Grove, 93950 - 3 bed, 3 bath
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Pacific Grove, California 93950
Analysis of 132 Forest Avenue, Pacific Grove, California 93950 is currently available with a list price of $2,899,000. 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 1989 (37 years old), the property is well-maintained but shows its age with dated interior finishes, including extensive floral wallpaper and older carpeting. While functional and structurally sound, the kitchen and bathrooms likely require cosmetic updates to meet modern luxury standards.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Situated just steps from Lovers Point beach and downtown Pacific Grove, the property offers an unparalleled lifestyle with immediate access to scenic coastal trails, boutiques, and world-class dining.
Built in 1989, this Heritage Design Award winner provides the timeless aesthetic of a classic Victorian with the structural integrity, efficiency, and modern amenities of newer construction, including a rare two-car garage.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2385, living area = 2316.
The 2,385 square foot lot is nearly identical to the home's interior square footage, resulting in very limited private yard space or outdoor garden areas.
At a list price of nearly $2.9 million, the property commands a high price per square foot, reflecting its landmark status and location which may limit the buyer pool to high-end trophy hunters.
Nestled in one of Pacific Grove's most coveted coastal neighborhoods, The Daffodil House is an exceptional Victorian-inspired residence offering an unparalleled blend of location, character, and versatility, just steps from Lovers Point beach, scenic coastal trails, and the charming boutiques and restaurants of downtown Pacific Grove. Built just 37 years ago, this home is a remarkable interpretation of classic Victorian architecture, capturing the timeless elegance and craftsmanship of a bygone era while offering the comfort, efficiency, and amenities of more modern construction. Recognized with a prestigious Heritage Design Award, the residence showcases enduring architectural appeal, refined detailing, rich hardwood floors, and an expansive spa-like primary suite. A two-car garage adds a practical convenience rarely found in homes of this architectural style and location. The property has been successfully operated as a short-term rental with an attractive rental history, offering flexibility for income generation, a personal coastal retreat, or both. With its award-winning design, landmark presence, and enduring appeal to lovers of classic architecture, this is a truly distinctive offering in the heart of Pacific Grove.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades K-5 • 2.4 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 | 85% |
| Square foot | 2,316 | 1,358.5 | 90% |
| Lot Size | 2,385 | 4,500 | 15% |
| Price | $2.90M | $1.45M | 90% |
| Price per sq ft | $1.3K | $1.0K | 71% |
| Built year | 1989 | 1952 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 140 | 2% |
May 27, 2026
$2,899,000
Initial Listing
Jan 15, 2020
$1,720,000
Public Record
May 19, 1999
$818,000
Public Record
Nov 26, 1997
$718,000
Public Record
Apr 29, 1994
$599,500
Public Record