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
$1,293,939
6% AboveMARKET VALUE
SUMMARY
This Charming Coastal Residence is a Strong Value Opportunity, listed at $1,375,000—positioned well above the $1,293,939 Fair Market Value. While the property commands a premium, it offers a Condition Rating of 3, featuring modern stainless steel appliances and polished hardwood floors. Located just blocks from the ocean and served by Top-Rated Schools like Robert Down Elementary and Pacific Grove High (9/10), this home provides an exceptional lifestyle. With its historic 1908 character, private deck, and patio, it is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a turnkey coastal home.
Estimated Market Value
$1,293,939
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 | $1,366 | - |
A 311 Lobos Avenue Sold | $1,457,500 | 2 | 2 | 874 | $1,668 | 0.1 mi |
B 315 Willow Street Sold | $1,440,000 | 2 | 1 | 1,002 | $1,437 | 0.2 mi |
C 665 Pine Avenue Sold | $1,150,000 | 3 | 2 | 942 | $1,221 | 0.2 mi |
D 360 Central Avenue Sold | $1,250,000 | 2 | 1 | 959 | $1,303 | 0.6 mi |
E 416 Sinex Avenue Sold | $1,150,000 | 2 | 2 | 862 | $1,334 | 0.6 mi |
F 61 Companion Way Sold | $1,780,000 | 3 | 2 | 1,173 | $1,517 | 0.7 mi |
G 229 7th Street Sold | $1,250,000 | 3 | 2 | 1,047 | $1,194 | 0.7 mi |
H 315 Willow Street Active | $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.
Although built in 1908, the property is in well-maintained, move-in ready condition. The kitchen and laundry areas feature modern stainless steel appliances and stone countertops indicative of a renovation within the last 5-15 years. The interior shows polished hardwood floors, clean paint, and functional systems, meeting the criteria for a well-maintained older home.
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 two blocks from downtown Pacific Grove and four blocks from the ocean, this property offers exceptional walkability and a quintessential coastal lifestyle.
- Historic Architectural Charm
Built in 1908, the home features high ceilings, a cozy fireplace, and a classic front porch, providing the timeless character and inviting ambiance highly valued in this historic neighborhood.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 947 square feet with a single bathroom, the compact layout may be a constraint for families or buyers seeking more modern, spacious accommodations.
- Extended Market Duration
With over 130 days on the market and a recent price reduction, the property has faced challenges in securing a buyer, potentially indicating a mismatch between the initial asking price and the home's size.
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