
Pacific Grove, California 93950
This Versatile Multi-Unit Compound is a Strong Value Opportunity, listed at $2,399,000—offering price stability near its $2,393,330 Fair Market Value. Featuring three separate living areas with individual kitchens and meters, this 1929 residence maintains an Excellent Condition Rating after extensive modern renovations. Residents enjoy stunning Monterey Bay views, a newer deck, and immediate access to top-rated schools like Robert Down Elementary (9/10) and Pacific Grove High (9/10). This property is an exceptional match for Multi-Generational Families or Owner-Occupants seeking a high-utility coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 410 Pine Avenue Subject | $2,399,000* List Price | 7 | 3 | 3,528 | $678 | - |
A 145 15th Street Active Under Contract | $1,975,000 List Price | 5 | 4 | 2,822 | $700 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1929 property is move-in ready and has undergone extensive recent renovations, including new flooring, recessed lighting, and updated fixtures throughout. The interior shows modern finishes such as luxury vinyl plank flooring and updated hardware, while major systems like the sewer lateral and basement have been improved. It maintains a high quality of maintenance with no immediate repairs required, though it retains its original architectural footprint and a high bedroom-to-bathroom ratio.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
The property features three separate living areas with individual kitchens, exterior entrances, and separate metering, offering exceptional flexibility for a multi-generational compound or rental income potential.
Situated in a highly desirable Pacific Grove neighborhood near Cannery Row, the home offers stunning views of the Monterey Bay and city lights, paired with proximity to top-rated schools.
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.
With a 3,528 square foot home situated on a 3,600 square foot lot, the property has a high building-to-lot ratio, leaving minimal yard space for a residence of this capacity.
The home features seven bedrooms but only three bathrooms, which may create functional challenges and congestion for large families or multi-unit occupancy.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 98% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 3,528 | 1,352 | 96% |
| Lot Size | 3,600 | 4,500 | 37% |
| Price | $2.40M | $1.32M | 84% |
| Price per sq ft | $680 | $1.0K | 10% |
| Built year | 1929 | 1949 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 153 | 10% |
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