Pacific Grove, CA 93950
$1,995,000




Beds
3
Baths
3
Living Space
1,772 SqFt
Year Built
1940
Lot Size
5,000 SqFt
Rare Beach Tract Development Opportunity! An exceptional opportunity to build a luxury custom home in Pacific Groves highly coveted Beach Tract, one of the Monterey Peninsulas most sought-after coastal neighborhoods. The existing 3-bedroom, 2.5-bath home is being offered as a redevelopment opportunity with architectural plans for a beautifully designed approximately 2,500 sq. ft., 3-bedroom, 3.5-bath residence. The proposed home has been thoughtfully designed to maximize ocean views from the primary suite, living room, and kitchen while offering an open-concept floor plan ideal for modern coastal living. A tremendous value-add, the seller will obtain City of Pacific Grove approval for the new construction plans and pay all costs and fees associated with securing those approvals, allowing the buyer to avoid much of the time, expense, and uncertainty of the entitlement process. Located just moments from the coastline, scenic recreation trail, world-class golf, and charming downtown Pacific Grove, this is a rare opportunity to create a one-of-a-kind coastal retreat in one of California's most desirable communities.
Listing provided courtesy ofAnnette Boggs License 01317801 Above and Beyond Real Estate
Data provided by MLSListings Inc.
- Robert Down Elementary School (Elementary) - GreatSchools rating 8/10 - Pacific Grove Middle School (Middle) - GreatSchools rating 9/10 - Pacific Grove High School (High) - GreatSchools rating 10/10 School District: Pacific Grove Unified School District
Within a 1-2 mile radius of 1046 Balboa Ave, Pacific Grove, CA, several parks offer recreational opportunities. Berwick Park provides bay views and nature trails, while Lovers Point Park & Beach is a larger community park with amenities for picnicking, swimming, and water sports. Greenwood Park offers a natural landscape with eucalyptus trees and a seasonal creek.
The property is located in Pacific Grove, a coastal community known for its Victorian homes, marine life, and artistic culture. The area offers a relaxed lifestyle with a variety of local businesses, including restaurants like Los Amigos Restaurante, which serves traditional Mexican flavors. Residents can enjoy proximity to the ocean and a bike/walking trail along the scenic Monterey Peninsula Coastline.
This location has a Walk Score of 93 out of 100, indicating it is a Walker's Paradise where daily errands do not require a car. Public transit options include bus lines 1 Monterey - PG via Asilomar and 2 Monterey - PG via David Avenue, both approximately 0.1 miles away. A Walk Score of 30/100 and Transit Score of 30/100 were also noted, suggesting limited public transit accessibility.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Robert Down Elementary School (Elementary) - GreatSchools rating 8/10 - Pacific Grove Middle School (Middle) - GreatSchools rating 9/10 - Pacific Grove High School (High) - GreatSchools rating 10/10 School District: Pacific Grove Unified School District
Within a 1-2 mile radius of 1046 Balboa Ave, Pacific Grove, CA, several parks offer recreational opportunities. Berwick Park provides bay views and nature trails, while Lovers Point Park & Beach is a larger community park with amenities for picnicking, swimming, and water sports. Greenwood Park offers a natural landscape with eucalyptus trees and a seasonal creek.
The property is located in Pacific Grove, a coastal community known for its Victorian homes, marine life, and artistic culture. The area offers a relaxed lifestyle with a variety of local businesses, including restaurants like Los Amigos Restaurante, which serves traditional Mexican flavors. Residents can enjoy proximity to the ocean and a bike/walking trail along the scenic Monterey Peninsula Coastline.
This location has a Walk Score of 93 out of 100, indicating it is a Walker's Paradise where daily errands do not require a car. Public transit options include bus lines 1 Monterey - PG via Asilomar and 2 Monterey - PG via David Avenue, both approximately 0.1 miles away. A Walk Score of 30/100 and Transit Score of 30/100 were also noted, suggesting limited public transit accessibility.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.