514 6th Street, Pacific Grove, California 93950, Pacific Grove, 93950 - 2 bed, 2 bath
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Pacific Grove, California 93950
Analysis of 514 6th Street, Pacific Grove, California 93950 is currently available with a list price of $999,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Pacific Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1972, this 52-year-old home appears to have mostly original finishes. The kitchen features dated wood cabinetry, laminate countertops, and an old coil-top electric range, while the bathroom shows aged fixtures and vanities. Given the age and lack of visible updates to major systems or interiors, the property requires a comprehensive rehab.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Situated in the heart of Pacific Grove, the property offers exceptional walkability to downtown, Lovers Point, and scenic coastal trails, providing a quintessential seaside lifestyle.
The home is served by highly acclaimed schools, including Pacific Grove High and Robert Down Elementary, both boasting a rating of 9, making it a strong investment for families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 1800.
With a lot size of only 1,742 square feet, the property offers very little outdoor living space or potential for future expansion compared to typical single-family homes.
Having spent 163 days on the market with multiple price reductions, the property has faced challenges in buyer perception or initial valuation, which may impact future resale liquidity.
Nestled in the heart of charming Pacific Grove, this delightful two-story cottage blends coastal character with everyday comfort. Just moments from the shoreline, this home offers a coveted peek of the Monterey Bay, reminding you of the sea breeze and seaside lifestyle that makes this area so special. The inviting exterior showcases a seaside cottage appeal, while inside you'll find a warm, functional layout ideal for both full-time living and a coastal retreat. Natural light fills the living spaces and thoughtful details throughout enhances the home's charm. The upper level captures the ocean peek, providing a serene backdrop for mornings and evenings alike. Located near downtown Pacific Grove, Lovers Point, scenic coastal trails, and world-class golf and dining, this home places you at the center of it all while still offering a peaceful residential setting. Whether you're seeking a primary residence or a vacation getaway, this enchanting cottage delivers the best of coastal California living!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,056 | 1,534 |
| Lot Size | 1,742 | 5,311 |
| Price | $1000.0K | $1.45M |
| Price per sq ft | $947 | $1.1K |
| Built year | 1972 | 1920 |
| HOA | $0 | $0 |
| Days on market | 183 | 44 |
Mar 20, 2026
$999,999
$1,049,999
-5% Price Drop
Initial Listing
Mar 10, 2026
$1,049,999
Initial Listing
Jan 20, 2026
$1,100,000
Initial Listing