
Pacific Grove, California 93950
This Spacious Coastal Townhouse is listed at $1,147,500, matching its $1,147,500 Fair Market Value. Holding a Condition Rating of 5 with original 1986 finishes, this asset presents a significant Value-Add opportunity for forced appreciation through a comprehensive renovation. The 2,430 sqft interior features Ocean and Bay Views, a Spacious Primary Retreat, and proximity to the 9/10 rated Pacific Grove High School. This acquisition is ideal for Fix-and-Flip Investors or Contractors looking to capitalize on the high demand and low inventory of the Pacific Grove market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3016 Ransford Circle Subject | $1,050,000* List Price | 3 | 3 | 2,430 | $472 | - |
A 605 Acorn Court Active | $879,500 List Price | 3 | 3 | 1,488 | $591 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1986 (39 years old) and appears to have original finishes. The kitchen features dated tile countertops, a fluorescent light box ceiling, and older white appliances, which fits the >30-year criteria for needing a major rehab/update.
High School: Pacific Grove High School (9/10).
The property offers beautiful views of the Monterey Bay and Pacific Ocean from both the formal living areas and the private primary suite decks, providing a quintessential coastal living experience.
The generously sized downstairs primary suite functions as a true sanctuary, featuring a cozy fireplace, walk-in closets, a soaking tub with jets, and direct access to a private outdoor deck.
The monthly HOA fee of $800 is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers compared to single-family homes in the area.
The property has undergone multiple price reductions from its original list price of $1,275,000, which may suggest initial overpricing or a need for cosmetic updates to meet current market expectations.
Discover incredible value in the heart of Pacific Grove with this inviting 3-bedroom, 3-bathroom townhouse, nestled in the desirable Glen Heights community. Perched in a prime location, this home offers formal living and dining spaces that boast lovely Ocean views both overlooking an outdoor deck. An ideal spot to take in the views and enhance outdoor enjoyment of this tranquil community. Retreat to your sanctuary in the spacious downstairs primary suite with access to your own private deck as well as a cozy fireplace, walk-in closets and a soaking tub with jets. A generously sized 2 car garage with room for belongings and storage plus a separate interior utility room with a washer and dryer completes the package. Just minutes from the world-renowned Monterey Bay Aquarium, beautiful beaches, and some of the areas best restaurants. Enjoy the soothing sights of the sea from the comfort of home, while still being close to all the charm and convenience Pacific Grove has to offer. Don't miss your chance to own a piece of paradise with ocean views in one of Pacific Groves most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 57% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,430 | 1,567 | 71% |
| Lot Size | - | - | 50% |
| Price | $1.05M | $1.15M | 43% |
| Price per sq ft | $432 | $766 | 14% |
| Built year | 1986 | 1978 | 71% |
| HOA | $800.0 | $644 | 71% |
| Days on market | 307 | 240 | 86% |
May 22, 2026
$1,050,000
$1,147,500
-8% Price Drop
Initial Listing
Apr 15, 2026
$1,147,500
$1,199,000
-4% Price Drop
Initial Listing
Mar 13, 2026
$1,199,000
$1,275,000
-6% Price Drop
Initial Listing
Aug 3, 2025
$1,275,000
Initial Listing
Mar 13, 1998
$400,000
Public Record