
Pacific Grove, California 93950
This Charming Coastal Cottage is a Strong Value Opportunity, listed at $849,000, which aligns with its $849,000 Fair Market Value. Featuring a Good Condition Rating with a brand-new 2026 roof, fresh paint, and refinished parquet floors, the home offers a turnkey lifestyle. Located in a premier school district near Robert Down Elementary (9/10) and Pacific Grove High (9/10), it provides exceptional walkability to Monterey Bay. This property is an ideal acquisition for first-time buyers or downsizing professionals seeking a move-in ready coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 418 Fountain Avenue Subject | $849,000* List Price | 1 | 1 | 740 | $1,147 | - |
A 515 13th Street Sold | $875,000 | 1 | 1 | 738 | $1,186 | 0.1 mi |
B 232 Congress Avenue Sold | $1,027,500 | 2 | 1 | 787 | $1,306 | 0.3 mi |
C 235 Chestnut Street Sold | $1,015,000 | 2 | 1 | 852 | $1,191 | 0.6 mi |
D 226 Walnut Street Active | $1,100,000 List Price | 2 | 2 | 868 | $1,267 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1910 cottage is in move-in ready condition with significant recent maintenance, including a brand-new roof (2026), fresh interior/exterior paint, and refinished parquet floors. While the kitchen and bathroom are functional and very clean, the cabinetry and appliances appear to be from a previous renovation cycle (approx. 10-20 years), placing it in the 'Good' category rather than 'Excellent'.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
This 1910 cottage features timeless character with significant modern updates, including a new 2026 roof, fresh paint, and refinished parquet floors, offering a move-in-ready experience.
Situated just blocks from Monterey Bay and top-rated schools like Robert Down Elementary, the property offers exceptional access to coastal attractions and downtown Pacific Grove.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 740, other record living area = 594.
The 1-bedroom, 1-bathroom configuration and compact 1,900-square-foot lot significantly limit the property's appeal for families or those requiring additional home office space.
With 165 days on the market and three consecutive price reductions, the property may be struggling with perceived value relative to its initial aggressive listing price.
Welcome to this charming cottage in Pacific Grove, filled with timeless coastal character. Framed by white picket fence, the home showcases historic appeal with clapboard siding, casement windows and an inviting front porch, perfect for morning coffee and enjoying the gentle ocean breeze. As you approach, catch a glimpse of the blue waters of Monterey Bay just down the street, beckoning from nearby. Inside, the cozy living room centers around a welcoming fireplace, complemented by newly-refinished parquet wood floors. The home is sparkling clean with fresh interior and exterior paint and brand-new roof in 2026. Vaulted ceilings and multiple skylights fill the space with natural light, enhancing the bright and airy atmosphere throughout. The comfortable bedroom features a large walk-in closet, while the spacious full bathroom offers ample space to unwind. A separate indoor laundry room adds everyday convenience. Step outside to the fenced backyard with deck and patio, perfect for outdoor dining or relaxing with a good book. A generous driveway provides off-street parking, completing the package. Centrally located near shops, schools and the scenic coastal attractions of Pacific Grove, this enchanting cottage offers easy access to all the best of the beautiful Monterey Peninsula.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.8 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 740 | 1,320.625 |
| Lot Size | 1,900 | 4,311 |
| Price | $849.0K | $1.44M |
| Price per sq ft | $1.1K | $1.2K |
| Built year | 1910 | 1928 |
| HOA | $0 | $0 |
| Days on market | 169 | 50 |
Aug 19, 2026
$849,000
$875,000
-3% Price Drop
Initial Listing
Jul 8, 2026
$875,000
$899,000
-3% Price Drop
Initial Listing
May 25, 2026
$899,000
$925,000
-3% Price Drop
Initial Listing
Mar 24, 2026
$925,000
Initial Listing
Jan 7, 1998
$217,000
Public Record
Feb 21, 1995
$178,000
Public Record
Jun 29, 1994
$135,000
Public Record