1328 Shafter, Pacific Grove, California 93950, Pacific Grove, 93950 - 3 bed, 2 bath
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Pacific Grove, California 93950
This Reimagined Coastal Retreat is listed at $1,499,000, positioned well below the $1,522,857 Fair Market Value by 1%. This valuation gap offers $23,857 in Instant Equity for incoming owners. Boasting a Mint Condition Rating from a high-end renovation, the home features a chef’s kitchen, spa-like bathrooms, and a rare 9,120 sq. ft. double lot with significant ADU potential. Located within the elite Pacific Grove Unified district near Pacific Grove High School (9/10), this turnkey sanctuary is a perfect match for lifestyle-oriented families or discerning coastal buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1328 Shafter Subject | $1,499,000* List Price | 3 | 2 | 1,569 | $971 | - |
A 1132 Seaview Avenue Sold | $1,575,000 | 3 | 2 | 1,574 | $1,001 | 0.9 mi |
B 1122 Presidio Boulevard Sold | $1,450,000 | 3 | 2 | 1,560 | $929 | 0.4 mi |
C 329 Stuart Avenue Sold | $1,910,000 | 4 | 3 | 1,954 | $977 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been meticulously reimagined with a high-end renovation likely within the last 5 years. It features a modern chef's kitchen, designer spa-like bathrooms, and updated systems including a newer furnace, tankless water heater, and dual-pane windows, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9120, living area = 1569.
High School: Pacific Grove High School (9/10).
The rare 9,120 sq. ft. double lot provides exceptional privacy and significant potential for an ADU or future expansion, which is a high-value rarity in the Pacific Grove market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,569 sq. ft., the living space is relatively modest for the $1.499M price point, which may feel restrictive for buyers needing a true four-bedroom layout.
Built in 1978, the home lacks the iconic Victorian or Craftsman architectural charm that many buyers specifically seek out when moving to the historic coastal community of Pacific Grove.
Experience the pinnacle of Pacific Grove living in this stunningly reimagined single story retreat. Tucked away at the end of a quiet cul-de-sac on a rare 9,000+ sq. ft. double lot, this home offers a park-like sanctuary framed by majestic oaks. The interior has been meticulously transformed, blending modern elegance with a warm, cozy vibe. Bathed in natural light, the open floor plan features a chefs kitchen with premium finishes and designer bathrooms updated to spa-like standards. With three spacious bedrooms and a versatile bonus room perfect for a den or fourth bedroom, there is ample space for every lifestyle. Recent upgrades including a newer furnace, tankless water heater, and dual-pane windows ensure effortless comfort. The sprawling grounds are an entertainers dream, featuring a sun-drenched south-facing deck and an elegant stone patio perfect for al fresco dining. The massive lot provides incredible privacy and rare potential for an ADU or future expansion. Located in one of Monterey Countys top rated school districts, you are just minutes from world-class beaches, scenic hiking trails, and the charming boutiques of downtown. This is more than a home; its a coastal lifestyle redefined. Modern luxury, historic charm, and absolute privacy await.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,569 | 1,375.5 | 65% |
| Lot Size | 9,120 | 4,500 | 93% |
| Price | $1.50M | $1.40M | 56% |
| Price per sq ft | $955 | $1.0K | 37% |
| Built year | 1978 | 1952 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 143 | 7% |
Apr 27, 2026
$1,499,000
Initial Listing
Oct 9, 2023
$1,150,000
Public Record