
Pacific Grove, California 93950
This Versatile Multi-Unit Compound represents a Strong Value Opportunity, currently listed at a List Price of $2,199,000, which aligns perfectly with its $2,199,000 Fair Market Value. Featuring a Good Condition Rating with significant recent renovations, the property offers a unique configuration with three separate living areas, ideal for multi-generational living or rental income. Located near Top-Rated Schools like Robert Down Elementary and Pacific Grove High, this home provides a rare coastal lifestyle with Panoramic Bay Views. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 410 Pine Avenue Subject | $2,199,000* List Price | 7 | 3 | 3,528 | $623 | - |
A 206 Cypress Avenue Active Under Contract | $1,599,000 List Price | 6 | 2 | 3,000 | $533 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1929, the property has undergone significant recent renovations. The kitchen is modernized with grey shaker cabinets, stone countertops, and stainless steel appliances. The interior features new flooring, recessed lighting, and dual-pane windows. While the structure is older, the major improvements and move-in ready condition align with the 'Good' criteria (5-15y reno).
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
The property functions as a rare family compound with three separate living areas, each featuring its own entrance, kitchen, laundry, and separate metering, providing exceptional flexibility for multi-generational living or rental potential.
Ideally situated near the Monterey Bay Aquarium, Cannery Row, and top-rated schools like Robert Down Elementary, the home offers an unbeatable lifestyle with stunning views of the bay and city lights.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3600, living area = 3528.
The property has been on the market for over 120 days and has undergone six price reductions from its original $2.5M listing, suggesting a disconnect between the initial asking price and current buyer demand.
With a 3,528-square-foot home situated on a 3,600-square-foot lot, the property offers very limited outdoor space and yard area, which may feel restrictive for a residence of this size.
Perfect as a family retreat, full-time residence, or vacation compound, this versatile home offers exceptional flexibility and stunning bay views! Perfect family compound with three separate living areas creating the perfect family or vacation compound. Each living space features its own exterior entrance, kitchen, bedrooms, bathroom, laundry, and separate metering, while also offering interior access between levels for seamless connection when desired. Thoughtfully updated with major improvements, including a remodeled basement, recessed lighting, sewer lateral, and new flooring and fixtures throughout. Classic architectural charm shines with coved ceilings, wood floors, dual-pane windows, abundant natural light, built-in shelving, and many others! Enjoy the newer deck, sunny lawn, and BBQ area ideal for entertaining, hosting extended family, or creating your own private coastal oasis. Ideally located near town, the beach, Cannery Row, Monterey Bay Aquarium, Pebble Beach, Carmel, and Monterey Peninsula Airport. A rare opportunity to own a truly special property that offers privacy, flexibility, and an unbeatable Monterey Peninsula lifestyle.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,528 | 1,534 |
| Lot Size | 3,600 | 5,311 |
| Price | $2.20M | $1.45M |
| Price per sq ft | $623 | $1.1K |
| Built year | 1929 | 1920 |
| HOA | $0 | $0 |
| Days on market | 150 | 44 |
Jun 28, 2026
$2,199,000
$2,249,000
-2% Price Drop
Initial Listing
Jun 19, 2026
$2,249,000
$2,299,000
-2% Price Drop
Initial Listing
May 25, 2026
$2,299,000
$2,399,000
-4% Price Drop
Initial Listing
Apr 1, 2026
$2,399,000
$2,450,000
-2% Price Drop
Initial Listing
Mar 25, 2026
$2,450,000
$2,500,000
-2% Price Drop
Initial Listing
Feb 22, 2026
$2,500,000
Initial Listing
Mar 10, 2022
$1,830,000
Public Record
Dec 1, 2006
$1,160,000
Public Record