957 Syida Drive, Pacific Grove, California 93950, Pacific Grove, 93950 - 3 bed, 2 bath
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957 Syida Drive
Pacific Grove, California 93950
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,858Sq Ft
6,200Lot Size
Property Price
LIST PRICE$1,900,000
EST. MARKET VALUE
$2,016,525
5% BelowMARKET VALUE
SUMMARY
This Modern Luxury Residence represents a Strong Value Opportunity, listed at $1,900,000—positioned well below the $2,016,525 Fair Market Value by 5%. This valuation gap offers $116,525 in Instant Equity for the discerning buyer. Built in 2023 with an Excellent Condition Rating, the home features designer finishes, a private patio, and stunning ocean views. Located in the Pacific Grove Unified district, this property is an ideal sanctuary for Luxury Homeowners or Sophisticated Investors seeking a turnkey coastal asset.
Estimated Market Value
$2,016,525+$116,525 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 957 Syida Drive Subject | $1,900,000* List Price | 3 | 2 | 1,858 | $1,085 | - |
A 329 Stuart Avenue Sold | $1,910,000 | 4 | 3 | 1,954 | $977 | 0.4 mi |
B 743 Marino Pines Rd Sold | $1,820,000 | 3 | 2 | 1,657 | $1,098 | 0.6 mi |
C 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This property was built in 2023, making it nearly brand new and well within the 10-year threshold for an excellent rating. The interior features modern luxury finishes, including wide-plank flooring, designer bathrooms with contemporary vanities, and updated systems that require no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just steps from Spanish Bay and the iconic 17-Mile Drive, this property offers an elite lifestyle with immediate access to world-class scenery and a short drive to Carmel.
- Modern New Construction
Built in 2023, this nearly new residence features contemporary designer touches and high-quality construction, offering the modern efficiency and aesthetic that is rare in this established neighborhood.
- Desirable Ocean Views
The property boasts beautiful ocean views, a premium feature that significantly enhances the home's ambiance and long-term investment value.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 60 days on the market and two consecutive price reductions from the original $2.086M listing, the property is currently struggling to find its market value equilibrium.
- Heating Limitations
The reliance on a gas-burning fireplace for heating the main living area may be perceived as insufficient for buyers expecting a comprehensive central HVAC system in a modern luxury home.
About 957 Syida Drive
This Pacific Grove home features 3 bedrooms and 2 full bathrooms within 1,858 square feet. Offering 3 year new luxury residence with an ocean views. Steps to Spanish Bay and 17 miles drive. Very short drive to Carmel ! LIFESTYLE at its best. The property sits on a 6,200 square foot lot and includes a gas-burning fireplace that provides heating for the main living area. The kitchen offers a breakfast bar and a separate dining area, while laundry facilities are conveniently located upstairs inside the home. The layout maximizes available space. The home also includes a 2-car garage. This property is part of the Pacific Grove Unified elementary school district. iThis residence combines practical amenities with a well-sized lot in the city of Pacific Grove. Quality construction has been accentuated by designers touches and loved by one family. You will be amazed.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 6,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,858 | 1,320.625 |
| Lot Size | 6,200 | 4,311 |
| Price | $1.90M | $1.44M |
| Price per sq ft | $1.0K | $1.2K |
| Built year | 2023 | 1928 |
| HOA | $0 | $0 |
| Days on market | 83 | 50 |
Pricing History
Listed for Sale
Aug 12, 2026
$1,900,000
$1,980,000
-4% Price Drop
Initial Listing
Price Change
Jul 17, 2026
$1,980,000
$2,086,000
-5% Price Drop
Initial Listing
Price Change
Jun 18, 2026
$2,086,000
Initial Listing
Sold
May 4, 2023
$1,575,000
Public Record
Sold
Aug 19, 1996
$210,000
Public Record