212 11th Street, Pacific Grove, California 93950, Pacific Grove, 93950 - 2 bed, 1 bath
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212 11th Street
Pacific Grove, California 93950
ACTIVE
CONDITION: POOR
2Beds
1Baths
811Sq Ft
1,800Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$866,210
7% BelowMARKET VALUE
SUMMARY
This vintage 1900 cottage represents a Strong Value Opportunity, listed at $799,000—positioned well below the $866,210 Fair Market Value by 7%. This valuation gap offers $67,210 in Instant Equity. Featuring a Condition Rating of 5, the property requires a full interior modernization, yet offers premium Ocean Views and a prime location near Top-Rated Schools like Robert Down Elementary. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to renovate a coastal asset.
Estimated Market Value
$866,210+$67,210 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pacific Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 11th Street Subject 2 bd · 1 ba · 811 sqft · $1,068 | $799,000* List Price | 2 | 1 | 811 | $1,068 | - |
A 514 6th Street Active Under Contract 2 bd · 2 ba · 1,056 sqft · $947 · 0.3 mi | $999,999 List Price | 2 | 2 | 1,056 | $947 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Originally built in 1900, the property features a highly dated kitchen with cabinetry and appliances that appear to be over 30 years old. While the home is staged to look charming, the age of the structure combined with the lack of recent major renovations to the kitchen and systems indicates a need for a full interior rehab and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
- Prime Coastal Location
Ideally situated just above Lighthouse Avenue, this property offers exceptional walkability to downtown Pacific Grove, Lover's Point, and the scenic coastal trail.
- Ocean Views
The upstairs level provides beautiful views of the Pacific Ocean, a premium feature that enhances the coastal living experience and property value.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 811 square feet of living area and a small 1,800 square foot lot, the property may feel restrictive for buyers seeking more interior room or yard space.
- Vintage Condition
Built in 1900, the home's vintage character and 'untapped potential' suggest that significant updates or renovations may be necessary to meet modern standards.
About 212 11th Street
Discover the charm of Pacific Grove with a vintage cottage ready to be your coastal getaway. Ideally located just above Lighthouse Avenue, and only a short stroll to all the best of PG. Brimming with character, this quaint 2 bedroom retreat captures the essence of classic Pacific Grove living. Upstairs, enjoy views of the blue Pacific that serve as a beautiful reminder of the spectacular coastline just moments away. A one car garage plus versatile bonus space, currently used for laundry, pantry and storage, add everyday convenience. Steps away from downtown Pacific Grove, the coastal trail, Lover's Point, restaurants, shopping, schools and more. This is an opportunity to embrace a lifestyle where natural beauty, small-town charm and seaside living come together. With its vintage character, ocean views and exceptional location, this enchanting cottage offers a rare opportunity to experience the quintessential Pacific Grove lifestyle now and bring your imagination for untapped future potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1900
- Lot Size
- 1,800 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Pacific Grove Unified Schools
Robert Down Elementary School
Grades K-5 • 0.1 mi
9/10
Forest Grove Elementary School
Grades K-5 • 1.0 mi
6/10
Monte Vista
Grades K-5 • 2.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 1.0 | 2.0 |
| Square foot | 811 | 1,342.844 |
| Lot Size | 1,800 | 4,470.75 |
| Price | $799.0K | $1.42M |
| Price per sq ft | $985 | $1.2K |
| Built year | 1900 | 1932 |
| HOA | $0 | $0 |
| Days on market | 9 | 62 |
Pricing History
Listed for Sale
Oct 15, 2026
$799,000
Initial Listing