
Pacific Grove, California 93950
This Spacious Custom Home represents a High-Potential Investment Opportunity, listed at $1,850,000—positioned well above the $1,763,789 Fair Market Value by -4%. While the property requires cosmetic updates, its Fair Condition Rating and 2,282 square feet of living space offer significant upside for personalization. Located in the desirable Hillcrest neighborhood near top-rated schools like Robert Down Elementary and Pacific Grove High, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 917 Fountain Avenue Subject | $1,850,000* List Price | 3 | 4 | 2,282 | $773 | - |
A 515 Fountain Avenue Sold | $1,560,000 | 4 | 3 | 2,219 | $703 | 0.3 mi |
B 512 12th Street Sold | $1,620,000 | 3 | 3 | 1,950 | $831 | 0.3 mi |
C 110 10th Street Sold | $2,300,000 | 5 | 3 | 2,681 | $858 | 0.7 mi |
D 226 Willow Street Sold | $1,820,000 | 5 | 2 | 2,861 | $636 | 0.7 mi |
E 922 Maple Street Sold | $1,485,000 | 2 | 2 | 1,463 | $1,015 | 0.7 mi |
F 902904 19th Street Active | $1,399,000 List Price | 4 | 2 | 1,928 | $726 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this 39-year-old home is functional but significantly dated. The kitchen and four bathrooms feature original oak cabinetry, tile countertops with wide grout lines, and older appliances. While the property appears well-maintained and move-in ready, the interior finishes—including the fluorescent kitchen lighting and floral wallpaper—require comprehensive cosmetic updates to meet modern standards.
Elementary School: Robert Down Elementary School (9/10). High School: Pacific Grove High School (9/10).
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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,282 | 1,320.625 |
| Lot Size | 5,715 | 4,311 |
| Price | $1.85M | $1.44M |
| Price per sq ft | $811 | $1.2K |
| Built year | 1985 | 1928 |
| HOA | $0 | $0 |
| Days on market | 42 | 50 |
Aug 23, 2026
$1,850,000
$1,950,000
-5% Price Drop
Initial Listing
Jul 29, 2026
$1,950,000
Initial Listing