
Pacific Grove, California 93950
This Charming Single Family Residence is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,218,499 Fair Market Value by 1%. This valuation gap offers $19,499 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern updates, the home offers a turnkey lifestyle near Top-Rated Schools like Robert Down Elementary and Pacific Grove High. Its prime coastal location and historic character make this an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 665 Pine Avenue Subject | $1,199,000* List Price | 3 | 2 | 942 | $1,294 | - |
A 360 Central Avenue Sold | $1,250,000 | 2 | 1 | 959 | $1,303 | 0.5 mi |
B 315 Willow Street Sold | $1,440,000 | 2 | 1 | 1,002 | $1,437 | 0.2 mi |
C 229 7th Street Sold | $1,250,000 | 3 | 2 | 1,047 | $1,194 | 0.6 mi |
D 801 Laurel Avenue Sold | $1,361,000 | 2 | 2 | 1,303 | $1,045 | 0.2 mi |
E 218 14th Street Sold | $1,175,000 | 3 | 2 | 1,306 | $900 | 0.3 mi |
F 132 6th Street Sold | $995,000 | 2 | 1 | 610 | $1,631 | 0.6 mi |
G 310 Cypress Avenue Active | $1,349,000 List Price | 3 | 2 | 1,025 | $1,316 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1939, the property is well-maintained and move-in ready. The kitchen and bathrooms show evidence of renovations within the 5-15 year range, featuring stainless steel appliances and Saltillo tile flooring. The interior maintains high functional quality with polished hardwood floors and clean beamed ceilings, requiring no immediate maintenance.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
Ideally situated within walking distance to downtown Pacific Grove, Lovers Point, and the coastline, offering residents easy access to the quintessential Monterey lifestyle.
The property is served by top-tier schools, including Robert Down Elementary and Pacific Grove High School, both of which boast high ratings and are located less than a mile away.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At only 942 square feet for a three-bedroom home, the living spaces may feel cramped and lack the spaciousness typically desired by modern families.
With 71 days on the market and a previous price reduction, the property has faced some buyer resistance, likely due to the high price-per-square-foot ratio.
This storybook charmer is ready for you to call it home. Welcoming you inside with blue shutters and open doors, the home holds its charm every step of the way. From the open beamed ceilings, warm hardwood floors, living room with fireplace, and the most enchanting of spaces all throughout. From the dining room with cafe-like view, to the kitchen with outdoor access, to sweet bedrooms with bay windows opening outside to the back yard. With 3 bedrooms, 2 baths, and plenty of secret garden surprises, this one sure to have you under its spell. Walking distance to downtown, schools, and Lovers Point. Come and embrace the Monterey lifestyle, wake up to misty mornings, spend afternoons exploring tide pools, and watch sea otters playing in the kelp forests offshore here from this storybook charmer.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 942 | 1,534 |
| Lot Size | 3,200 | 5,311 |
| Price | $1.20M | $1.45M |
| Price per sq ft | $1.3K | $1.1K |
| Built year | 1939 | 1920 |
| HOA | $0 | $0 |
| Days on market | 56 | 44 |
Jun 30, 2026
$1,199,000
$1,249,000
-4% Price Drop
Initial Listing
May 27, 2026
$1,249,000
Initial Listing