709 Lobos Avenue, Pacific Grove, California 93950, Pacific Grove, 93950 - 3 bed, 2 bath
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Pacific Grove, California 93950
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,595,000—positioned well below the $1,644,505 Fair Market Value by 3%. This valuation gap offers $49,505 in Instant Equity for the buyer. Featuring a 2024 remodeled kitchen, oak hardwood floors, and a new roof, the property maintains an Excellent Condition Rating. Located near top-rated schools like Robert Down Elementary and Pacific Grove High, this home is an ideal sanctuary for growing families or discerning owner-occupants seeking a coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 709 Lobos Avenue Subject | $1,595,000* List Price | 3 | 2 | 1,310 | $1,255 | - |
A 665 Hillcrest Avenue Sold | $1,325,000 | 3 | 2 | 1,326 | $999 | 0.2 mi |
B 607 Congress Avenue Sold | $2,050,000 | 2 | 2 | 1,534 | $1,336 | 0.1 mi |
C 508 4th Street Sold | $1,630,000 | 2 | 2 | 1,209 | $1,348 | 0.7 mi |
D 603 Gibson Avenue Sold | $1,220,000 | 3 | 2 | 1,352 | $902 | 0.2 mi |
E 315 Willow Street Sold | $1,440,000 | 2 | 1 | 1,002 | $1,437 | 0.3 mi |
F 311 Walnut Street Sold | $1,500,000 | 3 | 2 | 1,481 | $1,013 | 0.3 mi |
G 743 Marino Pines Rd Sold | $1,820,000 | 3 | 2 | 1,657 | $1,098 | 0.2 mi |
H 1028 Mcfarland Avenue Active | $1,700,000 List Price | 3 | 2 | 1,788 | $951 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation with a brand-new kitchen in 2024, a new roof and gutters in 2023, and updated backyard hardscaping in 2023. With high-end finishes like oak hardwood floors and modern systems, it meets the criteria for a recent top-tier renovation (<5 years) in mint condition.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
The property is move-in ready with a 2024 remodeled kitchen, a new roof and gutters installed in 2023, and updated outdoor paver patios, significantly reducing immediate maintenance costs for the buyer.
Ideally situated in Pacific Grove, the home offers easy access to Asilomar State Beach, Lovers Point, and highly-rated schools, including Pacific Grove High and Robert Down Elementary.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At approximately 1,310 square feet for a three-bedroom home, the living spaces may feel compact for families or buyers accustomed to more expansive floor plans at this price point.
The property only offers a one-car detached garage, which may be a limitation for multi-vehicle households or those requiring substantial covered storage.
Behind its classic Pacific Grove charm is a home that's been thoughtfully reimagined from the inside out. Set on a desirable 5,400 sq. ft. street-to-alley lot, this beautifully updated single-level home offers 3 bedrooms, 2 bathrooms, and approximately 1,310 square feet of open living space. Move-in ready with major improvements already completed, rich oak hardwood floors set the tone throughout. The showpiece kitchen was completely remodeled in 2024 with custom cabinetry, beautiful finishes, and an open layout that seamlessly connects the main living spaces. A private courtyard and sun-filled backyard with paver patios completed in 2023 create the perfect setting for entertaining, outdoor dining, or simply unwinding in the coastal air. A new roof and gutters installed in October 2023 add lasting peace of mind, while the detached one-car garage includes a dedicated workshop area, perfect for hobbies, projects, or additional storage. Ideally located just moments from Asilomar State Beach, Lovers Point, vibrant downtown Pacific Grove, and Pacific Grove schools, 709 Lobos Avenue offers the perfect blend of modern updates and the timeless charm that makes Butterfly Town, USA so special.
No exterior & parking available.
Grades K-5 • 0.5 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 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,310 | 1,534 |
| Lot Size | 5,400 | 5,311 |
| Price | $1.59M | $1.45M |
| Price per sq ft | $1.2K | $1.1K |
| Built year | 1952 | 1920 |
| HOA | $0 | $0 |
| Days on market | 2 | 44 |
Jul 21, 2026
$1,595,000
Initial Listing
Jul 28, 2023
$1,425,000
Public Record
Aug 21, 1998
$260,000
Public Record