
Pacific Grove, California 93950
This Charming Coastal Cottage is a High-Potential Investment Opportunity, listed at $992,500—positioned well above the $888,468 Fair Market Value by 11%. While the property requires a premium, it offers a Fair Condition Rating with historic character and modern updates like newer windows. Located in a prime Pacific Grove location near Lovers Point and top-rated schools like Robert Down Elementary and Pacific Grove High, it provides an unmatched lifestyle. This property is an ideal acquisition for Coastal Getaway Seekers or Owner-Occupants prioritizing location over immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 232 Congress Avenue Subject | $992,500* List Price | 2 | 1 | 787 | $1,129 | - |
A 515 13th Street Sold | $875,000 | 1 | 1 | 738 | $1,186 | 0.4 mi |
B 418 Fountain Avenue Active | $875,000 List Price | 1 | 1 | 740 | $1,182 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1900, this cottage is well-maintained and move-in ready but remains dated. While it features newer windows and a modern Toto toilet, the overall aesthetic—including the clawfoot tub, beadboard walls, and kitchen pantry—suggests the last major renovation was likely 20+ years ago, placing it in the fair category due to age and the need for modern updates.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Situated in a highly desirable area of Pacific Grove, the property is just a short walk from Lovers Point, the Monterey Bay Recreation Trail, and the boutique dining and shopping of downtown.
This 1900s cottage features timeless architectural details including bead board walls and ceilings, a classic claw foot tub, and a sun tube that enhances the home's abundant natural light.
At only 787 square feet for a two-bedroom configuration, the living spaces are quite compact, which may challenge buyers looking for more interior volume or storage.
The 1,803 square foot lot offers very limited outdoor space and minimal privacy, restricting options for significant gardening, entertaining, or future structural expansions.
Enjoy this delightful 2 bedroom/1 bath cottage, approx. 787 sq ft, located in one of the most spectacular spots in the world - Pacific Grove! Perfect for a full-time residence or a comfortable coastal getaway - offering cozy living spaces filled with natural light. Close to Downtown PG for dining and shopping and a stones throw to Lovers Point and the Rec Trail along the Bay. Mostly single level living--only a couple of steps up from the front patio into the welcoming entry and 1 more step up into the spacious living room with bead board walls and ceiling flowing into a charming kitchen for cooking and dining--a large pantry space for all a chef requires (also a sun tube for even more light). Two bedrooms, with large closets and newer windows, and both with access to decks and patio area out back. The bathroom features an old world claw foot tub with shower over it and a new world Toto toilet. Stack washer/dryer included as well. Plenty of space outside for a small garden. All of this and more!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 787 | 1,534 |
| Lot Size | 1,803 | 5,311 |
| Price | $992.5K | $1.45M |
| Price per sq ft | $1.3K | $1.1K |
| Built year | 1900 | 1920 |
| HOA | $0 | $0 |
| Days on market | 5 | 44 |
Jul 17, 2026
$992,500
Initial Listing
Oct 22, 2002
$469,000
Public Record
Jan 12, 2000
$379,000
Public Record