917 Fountain Avenue, Pacific Grove, California 93950, Pacific Grove, 93950 - 3 bed, 4 bath
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917 Fountain Avenue
Pacific Grove, California 93950
ACTIVE
CONDITION: FAIR
3Beds
4Baths
2,282Sq Ft
5,715Lot Size
Property Price
LIST PRICE$1,800,000
EST. MARKET VALUE
$1,800,000
SUMMARY
This Spacious Custom Residence represents a High-Potential Investment Opportunity, listed at $1,850,000, which aligns with its $1,850,000 Fair Market Value. While the property is currently in Fair Condition Rating due to dated interiors, its 2,282 square feet of living space and Ocean/Bay Views provide a rare foundation for value-add renovations. Situated near Top-Rated Schools like Robert Down Elementary and Pacific Grove High, this home offers significant long-term stability. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to personalize a substantial Pacific Grove asset.
Estimated Market Value
$1,800,000
Based on Realkey algorithm analyzing recent comparable sales in Pacific Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 917 Fountain Avenue Subject 3 bd · 4 ba · 2,282 sqft · $789 | $1,800,000* List Price | 3 | 4 | 2,282 | $789 | - |
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 · 0.3 mi | $1,620,000 | 3 | 3 | 1,950 | $831 | 0.3 mi |
C 110 10th Street Sold 5 bd · 3 ba · 2,681 sqft · $858 · 0.7 mi | $2,300,000 | 5 | 3 | 2,681 | $858 | 0.7 mi |
D 922 Maple Street Sold 2 bd · 2 ba · 1,463 sqft · $1,015 · 0.7 mi | $1,485,000 | 2 | 2 | 1,463 | $1,015 | 0.7 mi |
E 514 7th Street Active 4 bd · 2 ba · 1,842 sqft · $787 · 0.4 mi | $1,450,000 List Price | 4 | 2 | 1,842 | $787 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is in a well-maintained but dated condition. The kitchen and four bathrooms feature original oak cabinetry, tile countertops with wide grout lines, and 1980s-style fixtures. While the home is functional and features some newer appliances and hardwood flooring, the interior requires significant cosmetic updates and modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
- Exceptional Living Space
At 2,280 square feet, this custom home offers significantly more square footage and layout flexibility than the typical Pacific Grove cottages, making it ideal for multigenerational living or home offices.
- Top-Tier School Proximity
The property is situated within walking distance of highly-rated schools, including Pacific Grove Middle (8/10) and Pacific Grove High (9/10), providing significant long-term value for families.
CONSRISKS & DEFICIENCIES
- Interior Updating Required
The home is noted as needing thoughtful interior updating, which implies a requirement for additional capital investment and renovation time from the buyer.
- Extended Days on Market
With 75 days on the market and a recent $100,000 price reduction, the property has faced some market resistance, likely due to its current dated condition relative to the asking price.
About 917 Fountain Avenue
Price Improvement! Discover a rare combination of space, flexibility, and location in Pacific Groves desirable Hillcrest neighborhood, Candy Cane Lane area. Offering approximately 2,280 square feet, this 1985-built custom home provides considerably more living area than many of the city's' traditional cottages and bungalows. The generous floor plan offers excellent flexibility for guest accommodations, ocean/bay views from 2nd level, home offices, multigenerational living, hobbies, or simply room to spread out. While the interior is ready for thoughtful updating, the homes substantial size, relatively modern construction by Pacific Grove standards, and established residential setting present an exciting opportunity to personalize and add value. Enjoy a quiet neighborhood with convenient access to local schools, parks, downtown Pacific Grove, shopping, dining, and the many attractions of the Monterey Peninsula. A must-see for buyers comparing available homes and seeking exceptional space, versatility, and potential in Pacific Grove.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 5,715 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Pacific Grove Unified Schools
Robert Down Elementary School
Grades K-5 • 0.4 mi
9/10
Forest Grove Elementary School
Grades K-5 • 0.5 mi
6/10
Monte Vista
Grades K-5 • 1.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,282 | 1,342.844 |
| Lot Size | 5,715 | 4,470.75 |
| Price | $1.80M | $1.42M |
| Price per sq ft | $789 | $1.2K |
| Built year | 1985 | 1932 |
| HOA | $0 | $0 |
| Days on market | 87 | 62 |
Pricing History
Listed for Sale
Oct 18, 2026
$1,800,000
$1,850,000
-3% Price Drop
Initial Listing
Price Change
Aug 23, 2026
$1,850,000
$1,950,000
-5% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$1,950,000
Initial Listing