
Pacific Grove, California 93950
This Storybook Craftsman Home is a Strong Value Opportunity, listed at $1,495,000—positioned above the $1,389,000 Fair Market Value. While priced at a premium, the property offers a Condition Rating of 3, featuring a renovated kitchen and a versatile 500 sq. ft. loft. Located in a premier coastal enclave near Top-Rated Schools like Robert Down Elementary and Pacific Grove High, this residence provides an exceptional lifestyle. It is an ideal acquisition for Owner-Occupants or coastal lifestyle seekers prioritizing location and timeless character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 217 Walnut Street Subject | $1,495,000* List Price | 2 | 2 | 1,116 | $1,245 | - |
A 315 Willow Street Sold | $1,440,000 | 2 | 1 | 1,002 | $1,437 | 0.2 mi |
B 311 Lobos Avenue Sold | $1,457,500 | 2 | 2 | 874 | $1,668 | 0.2 mi |
C 801 Laurel Avenue Sold | $1,361,000 | 2 | 2 | 1,303 | $1,045 | 0.1 mi |
D 229 7th Street Sold | $1,250,000 | 3 | 2 | 1,047 | $1,194 | 0.8 mi |
E 360 Central Avenue Sold | $1,250,000 | 2 | 1 | 959 | $1,303 | 0.8 mi |
F 61 Companion Way Sold | $1,780,000 | 3 | 2 | 1,173 | $1,517 | 0.6 mi |
G 311 Walnut Street Sold | $1,500,000 | 3 | 2 | 1,481 | $1,013 | 0.2 mi |
H 310 Cypress Avenue Active | $1,380,000 List Price | 3 | 2 | 1,025 | $1,346 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1920, the home is exceptionally well-maintained and move-in ready. The kitchen and bathrooms appear to have been renovated approximately 15-20 years ago (dated blue tile and white appliances), but the overall condition of the interior, exterior siding, and newer composite decking indicates high-level maintenance and functional systems.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Situated just moments from Lovers Point and the Monterey Bay Coastal Recreation Trail, this property offers unparalleled access to Pacific Grove's most iconic seaside attractions and downtown amenities.
The nearly 500 square foot finished loft and dedicated den provide significant additional living area, allowing the home to function much larger than its primary 1,116 square foot footprint.
With a list price of nearly $1.5 million for approximately 1,100 square feet of primary living space, the property commands a high price-per-square-foot that may challenge some appraisals.
The 3,600 square foot lot is relatively compact, which may restrict outdoor privacy or future expansion opportunities for buyers seeking more yard space.
Storybook Craftsman charm meets an exceptional Pacific Grove location in this beautifully maintained home nestled on a quiet street. Just moments from Lovers Point, the Monterey Bay Coastal Recreation Trail, and downtown Pacific Grove, this inviting residence offers the perfect blend of timeless character and modern comfort. The approximately 1,100 sf floor plan features 2 bedrooms, 2 full bathrooms, a versatile den or office that easily adapts to today's work-from-home lifestyle or guest accommodations, and a beautifully updated kitchen with modern appliances. A striking stone fireplace creates a warm focal point in the living room, while the finished loft of nearly 500 additional sf provides exceptional bonus space ideal for a studio, hobby room, home office, or additional storage. Beautiful landscaping and outstanding curb appeal welcome you home, while the off-street carport adds everyday convenience. Rich in original Craftsman character and thoughtfully updated throughout, this special property lives larger than its size suggests and offers an exceptional opportunity to enjoy the coastal lifestyle that has made Pacific Grove one of California's most treasured seaside communities. Just minutes from Lovers Point, Monterey Bay, Cannery Row, Pebble Beach, and Carmel-by-the-Sea.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,116 | 1,534 |
| Lot Size | 3,600 | 5,311 |
| Price | $1.50M | $1.45M |
| Price per sq ft | $1.3K | $1.1K |
| Built year | 1920 | 1920 |
| HOA | $0 | $0 |
| Days on market | 12 | 44 |
Jul 10, 2026
$1,495,000
Initial Listing
Jul 2, 1998
$345,000
Public Record