691 Charles Street, Grover Beach, California 93433, Grover Beach, 93433 - 3 bed, 3 bath
691 Charles Street
Grover Beach, California 93433
Property Price
SUMMARY
Analysis of 691 Charles Street, Grover Beach, California 93433 reveals a Prime Investment Opportunity with a current list price of $1,050,000—significantly undercutting the $1,100,000 Fair Market Value by 4%. This valuation gap indicates a +$50,000 Instant Equity potential for buyers. 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 Grover Beach 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 691 Charles Street Subject | $1,050,000* List Price | 3 | 3 | 2,125 | $518 | - |
A 834 N 5th Street Sold | $985,000 | 3 | 2 | 1,807 | $545 | 0.2 mi |
B 1773 Newport Avenue Sold | $1,027,000 | 3 | 3 | 1,937 | $530 | 0.7 mi |
C 238 N 7th Street Sold | $1,150,000 | 4 | 3 | 1,900 | $605 | 0.3 mi |
D 639 S 7th Sold | $830,000 | 4 | 3 | 1,576 | $527 | 0.8 mi |
E 461 Brighton Avenue Pending | $929,000 List Price | 3 | 3 | 1,619 | $574 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1962, this property has undergone extensive recent renovations that qualify it as a turnkey, 'meticulously reimagined' residence. The kitchen and bathrooms feature modern, inspired updates, complemented by contemporary flooring and fixtures throughout. The property meets current quality standards with no deferred maintenance, effectively functioning as a like-new home.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Coastal Views
The upper-level social suite is designed with expansive windows that capture stunning panoramic views of the Pacific Ocean and the scenic coastal rolling dunes.
- Turnkey Modern Renovations
The residence has undergone extensive reimagining, featuring inspired updates to the kitchen and bathrooms along with contemporary flooring and fixtures throughout.
- Versatile Entertaining Layout
The floor plan offers a rare combination of single-level living on the main floor and a dedicated second-story social heart equipped with a wet bar and Murphy bed.
CONSRISKS & DEFICIENCIES
- Vintage Structural Age
While meticulously renovated, the original 1962 construction may present limitations in terms of original utility systems or structural standards compared to new builds.
- Limited Yard Space
Occupying a 5,100 square foot corner lot, the property prioritizes interior living and views over expansive private outdoor garden or backyard space.
About 691 Charles Street
Experience the ideal Central Coast lifestyle at 691 Charles Street. Situated on a desirable 5,100 square foot corner lot in Grover Beach, this meticulously reimagined residence offers the rare benefit of single level living, with a second story perfectly suited for entertaining. The main floor features a complete living layout, including three spacious bedrooms, two bathrooms, including a private primary ensuite, and a modern kitchen that opens to an intimate dining and lounge area that’s perfect for morning coffee and easy everyday access. While the ground floor provides effortless functionality, the upper level serves as the home’s expansive social heart. This soaring secondary living suite is designed for grand-scale entertaining, featuring a wet bar, half bath, and a Murphy bed for guest overflow. Surrounded by windows, this light-filled retreat captures stunning panoramic views of the Pacific Ocean and our coastal rolling dunes. Extensive renovations offer a true turnkey experience, with inspired updates to the kitchen and bathrooms, complemented by contemporary flooring and fixtures throughout. Ideally situated for both relaxation and adventure, this home represents a premier opportunity to live just minutes from the sand, scenic parks, and the vibrant local eateries of Grover Beach and Pismo.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 5,100 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,125 | 1,493.5 | 86% |
| Lot Size | 5,100 | 6,074 | 41% |
| Price | $1.05M | $832.5K | 82% |
| Price per sq ft | $494 | $599 | 20% |
| Built year | 1962 | 1979 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 168 | 5% |
Pricing History
Listed for Sale
Mar 6, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$1,100,000
Initial Listing
Sold
Sep 28, 2022
$835,000
Public Record