
Pacific Grove, California 93950
This Flexible Coastal Residence is a Strong Value Opportunity, listed at $1,795,000—positioned above the $1,715,737 Fair Market Value. While priced at a premium, the property offers a unique 4-bedroom, 3-bath layout with a fully independent guest suite, providing significant income potential or multi-generational utility. Featuring an updated kitchen and rare street-to-street lot, the home maintains a Condition Rating of 3. Located near top-rated schools like Robert Down Elementary and Pacific Grove High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking coastal flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 608 Congress Subject 4 bd · 3 ba · 1,796 sqft · $921 | $1,725,000* List Price | 4 | 3 | 1,796 | $921 | - |
A 515 Fountain Avenue Sold 4 bd · 3 ba · 2,219 sqft · $703 · 0.3 mi | $1,560,000 | 4 | 3 | 2,219 | $703 | 0.3 mi |
B 512 12th Street Sold 3 bd · 3 ba · 1,950 sqft · $831 · 0.4 mi | $1,620,000 | 3 | 3 | 1,950 | $831 | 0.4 mi |
C 709 Lobos Avenue Sold 3 bd · 2 ba · 1,310 sqft · $1,190 · 0.1 mi | $1,559,000 | 3 | 2 | 1,310 | $1,190 | 0.1 mi |
D 302 Park Street Sold 4 bd · 3 ba · 1,835 sqft · $1,063 · 0.2 mi | $1,950,000 | 4 | 3 | 1,835 | $1,063 | 0.2 mi |
E 219 Willow Street Sold 4 bd · 3 ba · 1,480 sqft · $1,047 · 0.4 mi | $1,550,000 | 4 | 3 | 1,480 | $1,047 | 0.4 mi |
F 665 Hillcrest Avenue Sold 3 bd · 2 ba · 1,326 sqft · $999 · 0.3 mi | $1,325,000 | 3 | 2 | 1,326 | $999 | 0.3 mi |
G 329 Stuart Avenue Sold 4 bd · 3 ba · 1,954 sqft · $977 · 1.0 mi | $1,910,000 | 4 | 3 | 1,954 | $977 | 1.0 mi |
H 157 15th Street Sold 3 bd · 3 ba · 2,105 sqft · $878 · 0.5 mi | $1,848,000 | 3 | 3 | 2,105 | $878 | 0.5 mi |
I 514 7th Street Active 4 bd · 2 ba · 1,842 sqft · $787 · 0.6 mi | $1,450,000 List Price | 4 | 2 | 1,842 | $787 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1957, the property has been well-maintained and thoughtfully updated with quartz countertops, stainless steel appliances, and refreshed bathrooms. It is functional and move-in ready, though some secondary elements like older bathroom tiling and interior doors remain.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
The property features a fully independent guest suite with its own address, kitchen, and utilities, offering significant versatility for multi-generational living or generating rental income.
Situated in a highly desirable area with access to top-rated Pacific Grove schools, including Robert Down Elementary and Pacific Grove High, which both hold elite academic ratings.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4792, other record lot size in square feet = 5200. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1796, other record living area = 1691. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.
With two separate residences occupying a 4,792 sqft lot, the private outdoor space is relatively limited for buyers prioritizing large yards or expansive gardens.
Originally constructed in 1957, the home may present maintenance challenges inherent to older structures that cosmetic updates alone cannot fully address.
Experience the best of Pacific Grove living in this beautifully updated coastal property, ideally located near the beach, Monterey Bay Recreation Trail, downtown shops, restaurants, and Pacific Grove schools. Offering the flexibility todays buyers desire, the property features a spacious 3-bedroom, 2-bath main residence plus separate guest quarters with its own entrance, address, full kitchen, living area, bedroom, bath, and private laundryideal for extended family, guests, a home office, or income potential. The main residence is filled with natural light and features an inviting living room with fireplace, updated finishes, quartz countertops, stainless steel appliances, and indoor laundry. A peaceful courtyard surrounded by mature landscaping and towering trees creates a private setting for relaxing or entertaining. Situated on a rare street-to-street lot with alley access, the property also offers separate utilities, dedicated garage parking for each residence, and additional storage. Enjoy morning walks along the shoreline, bike rides along the coastal trail, and all that downtown Pacific Grove has to offer. A unique opportunity combining coastal charm, thoughtful updates, and flexible living on the Monterey Peninsula.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,796 | 1,342.844 |
| Lot Size | 4,792 | 4,470.75 |
| Price | $1.73M | $1.42M |
| Price per sq ft | $960 | $1.2K |
| Built year | 1957 | 1932 |
| HOA | $0 | $0 |
| Days on market | 59 | 62 |
Oct 6, 2026
$1,725,000
$1,795,000
-4% Price Drop
Initial Listing
Aug 26, 2026
$1,795,000
Initial Listing
Dec 9, 2022
$1,499,000
Public Record
Jul 31, 2006
$930,000
Public Record