
Pacific Grove, California 93950
This Turnkey Coastal Sanctuary is listed at $2,449,000, positioned slightly above the $2,342,658 Fair Market Value. While not a discount play, the property offers a Condition Rating of 3, featuring modern updates, a Detached Guest Home, and a Private Garden near Asilomar Beach. With proximity to Top-Rated Schools like Robert Down Elementary and Pacific Grove High, this home provides long-term stability and lifestyle value. It is an ideal acquisition for Multigenerational Families or Owner-Occupants seeking a peaceful, move-in ready retreat in a premier coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 494 Grove Acre Avenue Subject | $2,449,000* List Price | 0 | 0 | 2,423 | $967 | - |
A 817 Congress Avenue Pending | $1,985,000 List Price | 0 | 0 | 2,480 | $800 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1928, the property has undergone extensive renovations that appear to be approximately 10-15 years old. The kitchen is updated with stainless steel appliances and skylights, and the living areas feature modern recessed lighting and well-maintained hardwood floors. While the bathroom tile and cabinetry styles are slightly dated, the home is in move-in ready condition and very well-maintained.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
The property features a separate guest home with its own entrance and full kitchen, providing excellent versatility for multigenerational living, long-term guests, or a private home office.
Located just blocks from Asilomar Beach and within walking distance to downtown Pacific Grove, the home offers a serene 'sanctuary' feel while remaining close to top-rated schools and world-class amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8066, other record lot size in square feet = 7900. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2423, other record living area = 2568.
With 111 days on the market and a recent price reduction, the property may be facing challenges with its current valuation relative to buyer expectations in the local market.
Despite interior updates, a structure dating back to 1928 may possess aging underlying systems or structural elements that require more intensive maintenance compared to newer builds.
The first thing you notice here is the quiet. Set back from the street and just a few blocks from Asilomar Beach, this home feels protected, private, and removed from the noise of the day. From inside the bedrooms, you can hear the ocean on occasion, and coming home has that rare feeling of stepping into your own sanctuary. It is the kind of place where the pace slows, the light softens, and you finally exhale too. Most of the home has been updated, creating interiors that feel modern, comfortable, and easy to live in. Expansive windows draw in natural light and frame the garden, while the primary suite, living room, family room, playroom, and kitchen with walk-in pantry offer an easy, functional flow. A detached guest home with its own entrance and full kitchen adds flexible space for visitors, extended stays, multigenerational living, or a more private setup when needed. A two-car garage, mud room, and extra storage bring added practicality. In about 15 minutes, you can walk to the ocean, beach trail, downtown restaurants, schools, and grocery stores, with 17-Mile Drive and Pebble Beach close by. Quiet, secluded, and easy to lock and leave, this is a Pacific Grove home that feels peaceful, practical, and truly special.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
Jul 20, 2026
$2,449,000
$2,499,000
-2% Price Drop
Initial Listing
May 20, 2026
$2,499,000
Initial Listing
Nov 30, 2006
$1,399,000
Public Record
Sep 29, 2000
$520,000
Public Record