516 8th Street, Pacific Grove, California 93950, Pacific Grove, 93950 - 2 bed, 2 bath
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Pacific Grove, California 93950
This Coastal Cottage Sanctuary is listed at $1,022,000, aligning perfectly with its $1,022,560 Fair Market Value. Maintaining a Fair Condition Rating, this well-preserved 1946 home features vaulted ceilings, a light-filled garden room, and a private patio. Residents enjoy an unparalleled lifestyle within the Pacific Grove Unified School District, featuring top-rated schools like Robert Down Elementary (9/10) and Pacific Grove High (9/10). This property offers a secure investment in a premier seaside community. It is an ideal match for coastal lifestyle seekers or downsizers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 516 8th Street Subject | $1,022,000* List Price | 2 | 2 | 853 | $1,199 | - |
A 515 13th Street Sold | $875,000 | 1 | 1 | 738 | $1,186 | 0.2 mi |
B 224 16th Street Active | $1,250,000 List Price | 2 | 2 | 938 | $1,333 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1946 coastal cottage is well-maintained and charming but features dated interior components consistent with the 'fair' criteria. The kitchen contains older wood cabinetry, tile countertops with thick grout lines, and an aged electric coil cooktop. While the hardwood floors and vaulted ceilings add appeal, the overall style of the kitchen and garden room suggests renovations occurred more than 15-20 years ago. The property is functional and clean but lacks the modern updates and high-end finishes required for a 'good' or 'excellent' rating.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Situated in a highly sought-after seaside community, the property is just moments from the shoreline, local shops, and the everyday charm of Pacific Grove.
The home is located within the prestigious Pacific Grove Unified School District, offering access to top-tier schools with ratings as high as 9/10.
At 853 square feet, the compact interior may be a challenge for buyers looking for more expansive living areas or significant storage options.
The 2,500-square-foot lot provides very limited outdoor space for gardening or recreation and offers little room for future structural expansion.
Charming Pacific Grove coastal cottage featuring 2 bedrooms, 2 bathrooms, a vaulted ceiling, and a cozy fireplacejust moments from the shoreline, shops, schools, and everyday charm of an incredible seaside community. This inviting home offers comfortable living in a compact and thoughtfully designed space that feels bright and welcoming. It lives larger than its square footage. Vaulted ceilings in the living area bring in a sense of openness, while the garden room is the perfect space for a home office bathed in natural light with a view of the backyard. A walk-in closet provides practical storage, and the home includes an in-unit washer and dryer. The covered carport allows for off-street parking. Located within the highly rated Pacific Grove Unified School District. Get your Just Moved postcards ready!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 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 | 853 | 1,340 | 20% |
| Lot Size | 2,500 | 4,500 | 20% |
| Price | $1.02M | $1.30M | 22% |
| Price per sq ft | $1.2K | $1.0K | 67% |
| Built year | 1946 | 1949 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 153 | 8% |
Mar 5, 2026
$1,022,000
Initial Listing
May 26, 1995
$210,000
Public Record