
Pacific Grove, California 93950
Analysis of 217 Grand Avenue, Pacific Grove, California 93950 is currently available with a list price of $995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Despite the 1894 original build date, the interior shows a high-end, modern renovation likely completed within the last 5 years. The bathroom features contemporary fixtures and marble-style tiling, while the kitchen (visible in reflection) includes updated shaker cabinetry, a farmhouse sink, and a stainless steel vent hood. The property appears in mint, move-in-ready condition with no visible maintenance needs.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Situated on Grand Avenue in the heart of Pacific Grove, this property offers exceptional walkability to downtown amenities, local dining, and the scenic Monterey Bay coastline.
Built in 1894, this residence captures the classic architectural heritage of Pacific Grove, offering a unique character and aesthetic appeal that is highly sought after in this historic district.
At a list price of $995,000 for only 662 square feet, the property carries an exceptionally high price-per-square-foot that may limit the buyer pool to niche investors or secondary home seekers.
The combination of a single-bedroom layout and a very small 994-square-foot lot provides minimal living space and virtually no outdoor area for gardening, entertaining, or future expansion.
Mahoney & Associates is pleased to present for sale 217 Grand Ave, a unique live-work property, in downtown Pacific Grove, California. The property configuration allows either a live/work option or mixed-use. The commercial space fronting the street and property is currently vacant offering options for a variety of uses including retail and office. The residential portion of the property is accessed via Gardner's Alley between neighboring properties. Remodeled and updated in 2018, this property has been well maintained, with a recent history of long-term residential rentals. The property benefits from its location in downtown Pacific Grove with close proximity to retail establishments, restaurants, and the beach at Lovers Point. Centrally located on Grand Avenue near shops, restaurants, and services. Downtown setting with strong local activity. Limited availability of small commercial properties in Pacific Grove. Architectural drawings for proposed second story addition and rooftop deck.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 882 | 1,320.625 |
| Lot Size | 994 | 4,311 |
| Price | $995.0K | $1.44M |
| Price per sq ft | $1.1K | $1.2K |
| Built year | 1894 | 1928 |
| HOA | $0 | $0 |
| Days on market | 7 | 50 |
Sep 2, 2026
$995,000
Initial Listing
Nov 21, 2018
$485,000
Public Record