215 Lobos Avenue, Pacific Grove, California 93950, Pacific Grove, 93950 - 2 bed, 1 bath
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215 Lobos Avenue
Pacific Grove, California 93950
ACTIVE
CONDITION: GOOD
2Beds
1Baths
947Sq Ft
4,200Lot Size
Property Price
LIST PRICE$1,375,000
EST. MARKET VALUE
$1,320,212
4% AboveMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,375,000—positioned above the $1,320,213 Fair Market Value. While priced slightly above market, the home maintains a Condition Rating of 3, featuring significant updates like stainless steel appliances and a newer paver patio. Located just blocks from the ocean and downtown, it sits within a top-tier school district, including the highly-rated Robert Down Elementary and Pacific Grove High School. This property is an ideal sanctuary for lifestyle-focused professionals or discerning owner-occupants seeking a move-in ready coastal home.
Estimated Market Value
$1,320,212
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 |
|---|---|---|---|---|---|---|
★ 215 Lobos Avenue Subject | $1,375,000* List Price | 2 | 1 | 947 | $1,394 | - |
A 217 Walnut Street Sold | $1,430,000 | 2 | 2 | 1,116 | $1,281 | 0.2 mi |
B 311 Lobos Avenue Sold | $1,457,500 | 2 | 2 | 874 | $1,668 | 0.1 mi |
C 315 Willow Street Sold | $1,440,000 | 2 | 1 | 1,002 | $1,437 | 0.2 mi |
D 665 Pine Avenue Sold | $1,150,000 | 3 | 2 | 942 | $1,221 | 0.2 mi |
E 360 Central Avenue Sold | $1,250,000 | 2 | 1 | 959 | $1,303 | 0.6 mi |
F 416 Sinex Avenue Sold | $1,150,000 | 2 | 2 | 862 | $1,334 | 0.6 mi |
G 61 Companion Way Sold | $1,780,000 | 3 | 2 | 1,173 | $1,517 | 0.7 mi |
H 229 7th Street Sold | $1,250,000 | 3 | 2 | 1,047 | $1,194 | 0.7 mi |
I 315 Willow Street Pending | $1,440,000 List Price | 2 | 1 | 1,000 | $1,440 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1908 but significantly updated; the kitchen features stainless steel appliances and stone countertops consistent with a 5-15 year old renovation. The home is well-maintained with refinished hardwood floors, updated fireplace, and a newer paver patio, making it fully move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
- Prime Coastal Location
Situated just four blocks from the ocean and two blocks from downtown Pacific Grove, this property offers an ideal walkable lifestyle in a highly sought-after coastal community.
- Historic Architectural Charm
Built in 1908, the home features classic elements such as high ceilings, a welcoming front porch, and a cozy fireplace, providing a bright and inviting vintage ambiance.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
With only 947 square feet of living space and a single bathroom, the home's compact footprint may be a constraint for buyers seeking more room or modern amenities.
- Extended Days on Market
Having spent over 130 days on the market with a recent price reduction, the property may face challenges regarding its perceived value relative to its size and age.
About 215 Lobos Avenue
Live life here, in Pacific Grove, where the ocean is close, the pace is slower, and the people know you by name. Experience coastal living from this tasteful 2 bedroom, 1 bath located just 2 blocks to town, and 4 blocks to the ocean. Upon arriving you will be greeted by the front porch pulling you to come inside where you will find high ceilings, bright spaces, and an overall inviting ambiance. Enjoy its coziness, from the living room fireplace to the outdoor areas with the bonus of a one-car garage and additional off-street parking. So come and live where the ocean is close, the pace is slower, and you're at home in PG.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1908
- Lot Size
- 4,200 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 • 0.4 mi
9/10
Forest Grove Elementary School
Grades K-5 • 0.9 mi
6/10
Monte Vista
Grades K-5 • 2.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 947 | 1,320.625 |
| Lot Size | 4,200 | 4,311 |
| Price | $1.38M | $1.44M |
| Price per sq ft | $1.5K | $1.2K |
| Built year | 1908 | 1928 |
| HOA | $0 | $0 |
| Days on market | 120 | 50 |
Pricing History
Listed for Sale
Aug 28, 2026
$1,375,000
$1,400,000
-2% Price Drop
Initial Listing
Price Change
May 12, 2026
$1,400,000
Initial Listing
Sold
Apr 29, 2024
$1,405,000
Public Record
Sold
Mar 26, 1997
$305,000
Public Record