
Pacific Grove, California 93950
This Dual-Living Coastal Property represents a Strong Value Opportunity, listed at $1,795,000—positioned above the $1,695,225 Fair Market Value. While priced for the current market, the property offers significant utility through its Guest Quarters with Full Kitchen and Street-to-Street Lot configuration. With a Condition Rating of 3, the home features modern updates like Quartz Countertops and is located near Top-Rated Schools like Robert Down Elementary. This flexible asset is an ideal acquisition for Multi-Generational Families or Income-Focused Investors seeking coastal stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 608 Congress Subject | $1,795,000* List Price | 3 | 2 | 1,737 | $976 | - |
A 607 Congress Avenue Sold | $2,050,000 | 2 | 2 | 1,534 | $1,336 | 0.0 mi |
B 512 12th Street Sold | $1,620,000 | 3 | 3 | 1,950 | $831 | 0.4 mi |
C 665 Hillcrest Avenue Sold | $1,325,000 | 3 | 2 | 1,326 | $999 | 0.3 mi |
D 791 Spruce Avenue Sold | $1,636,750 | 4 | 2 | 1,679 | $975 | 0.2 mi |
E 302 Park Street Sold | $1,950,000 | 4 | 3 | 1,835 | $1,063 | 0.2 mi |
F 219 Willow Street Sold | $1,550,000 | 4 | 3 | 1,480 | $1,047 | 0.4 mi |
G 329 Stuart Avenue Sold | $1,910,000 | 4 | 3 | 1,954 | $977 | 1.0 mi |
H 157 15th Street Sold | $1,848,000 | 3 | 3 | 2,105 | $878 | 0.5 mi |
I 514 7th Street Active | $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.
Although built in 1957, the property has undergone significant updates including a kitchen with quartz countertops and stainless steel appliances. Interior photos show modern lighting, fresh paint, and a mix of updated flooring. While one bathroom retains older wall tile, it features a newer vanity and fixtures, making the home fully functional and move-in ready.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
The property features a fully equipped guest house with its own address, kitchen, and laundry, offering significant rental income potential or multi-generational flexibility.
Situated in a highly desirable Pacific Grove neighborhood, the home is moments from the Monterey Bay Recreation Trail, downtown amenities, and top-rated schools like Robert Down Elementary.
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 = 1737, other record living area = 1691. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
With two separate living units occupying a 4,792-square-foot lot, the remaining private yard space is relatively compact for the price point.
Despite the premium coastal location and price, the property offers only neighborhood views rather than the Pacific Ocean vistas often sought by buyers in this area.
Experience the best of Pacific Grove living in this beautifully updated coastal property, ideally located moments from the beach, Monterey Bay Recreation Trail, downtown shops, restaurants, and award-winning Pacific Grove schools. Offering the flexibility today's buyers desire, the property features a spacious 3-bedroom, 2-bath primary residence along with private guest quarters with a separate entrance, full kitchen, living area, bedroom, bath, private laundry, and its own addressideal for extended family, guests, a home office, or income potential. The main residence welcomes you with abundant natural light, an inviting living room with fireplace, updated finishes, quartz countertops, stainless steel appliances, and indoor laundry. A peaceful courtyard, mature landscaping, and towering trees create a private retreat for relaxing or entertaining. Set 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. Whether enjoying morning walks along the shoreline, biking the coastal trail, or dining in Pacific Grove, this exceptional property offers timeless charm, coastal elegance, and flexible living in one of the Monterey Peninsula's most sought-after neighborhoods.
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 | 3.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,737 | 1,320.625 |
| Lot Size | 4,792 | 4,311 |
| Price | $1.79M | $1.44M |
| Price per sq ft | $1.0K | $1.2K |
| Built year | 1957 | 1928 |
| HOA | $0 | $0 |
| Days on market | 14 | 50 |
Aug 26, 2026
$1,795,000
Initial Listing
Dec 9, 2022
$1,499,000
Public Record
Jul 31, 2006
$930,000
Public Record