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 with no evidence of significant renovations in the last 30 years. The kitchen and bathrooms are highly dated, featuring original-style cabinetry, laminate countertops, and aging appliances. Interior finishes like the linoleum flooring, wall heaters, and popcorn ceilings indicate the home requires a comprehensive rehab to update systems and aesthetics to modern standards.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Ideally situated near downtown Pacific Grove and Lovers Point, this property offers immediate access to scenic coastal trails, world-class golf, and high-end dining, epitomizing the sought-after Monterey Peninsula lifestyle.
The home is located within a top-tier school district, with Robert Down Elementary and Pacific Grove High School both holding prestigious ratings of 9/10, making it a highly desirable location 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 modest 1,056 square feet of living area and a very small 1,742 square foot lot, the property offers minimal outdoor space and may feel restrictive for those requiring more room or storage.
The property has undergone multiple price reductions from its original $1.1 million listing, which may suggest initial overpricing or market hesitation regarding the home's value relative to its size and age.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,056 | 1,340 | 27% |
| Lot Size | 1,742 | 4,500 | 4% |
| Price | $1000.0K | $1.30M | 22% |
| Price per sq ft | $947 | $1.0K | 37% |
| Built year | 1972 | 1950 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 153 | 22% |
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