520 Lighthouse Avenue 301, Pacific Grove, California 93950, Pacific Grove, 93950 - 2 bed, 3 bath
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Pacific Grove, California 93950
Analysis of 520 Lighthouse Avenue 301, Pacific Grove, California 93950 is currently available with a list price of $3,999,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new 2023 construction penthouse featuring high-end luxury finishes, including StudioBecker cabinetry and premium Sub-Zero, Cove, and Wolf appliances. As a new build, all systems, flooring, and fixtures meet the highest current quality standards with no physical depreciation or deferred maintenance.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
The penthouse features premium StudioBecker cabinetry and a chef's kitchen equipped with top-tier Sub-Zero, Cove, and Wolf appliances, offering a high-end culinary experience.
Situated in historic downtown Pacific Grove, the property offers exceptional walkability to local shops and restaurants, complemented by serene ocean views from two private balconies.
The monthly association fee of $805 adds a significant recurring expense to the property's ownership, which may be a consideration for some luxury buyers.
Despite the generous 2,400 square feet of living space, the unit only offers two bedrooms, which may limit its appeal to larger families or those requiring more dedicated guest rooms.
Modern elegance meets coastal charm in this stunning penthouse at 520 Lighthouse-the final available unit in an exclusive collection of just ten newly constructed residences in historic downtown Pacific Grove. This single-level Condo offers approximately 2,400 square feet of sophisticated living space with 2 bedrooms and 2.5 baths. Enjoy an open-concept layout filled with natural light, StudioBecker cabinetry throughout, elegant plaster wall finishes, and precision-engineered windows. The chef's kitchen features Sub-Zero, Cove, and Wolf appliances. Two private balconies offer serene retreats with ocean views. Additional amenities include elevator access, secure underground parking, and private storage. Just steps from shops, restaurants, and the coastline, this rare offering blends timeless design with modern convenience. Don't miss the opportunity to own a premier residence in one of the Monterey Peninsula's most sought-after locations.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,408 | 1,500 | 82% |
| Lot Size | 2,178 | - | 73% |
| Price | $4.00M | $1.16M | 91% |
| Price per sq ft | $1.7K | $785 | 91% |
| Built year | 2023 | 1978 | 91% |
| HOA | $805.0 | $644 | 73% |
| Days on market | 65 | 228 | 9% |
Feb 16, 2026
$3,999,000
Initial Listing