1046 BALBOA, Pacific Grove, CA — listing photo 1
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FOR SALE

1046 BALBOA

Pacific Grove, CA 93950
3 Beds
3 Baths
1,772 Sq Ft
Built 1940
$1,899,000
Price ReducedWas $1,995,000 — $1,899,000 (-$96,000)

Property Overview

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.

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Home Details

Property type
Residential - Single Family Residence
Year built
1940
Living area
1,772 sq ft
Lot size
5,000 sq ft
Parking
1 spaces
Garage
1 spaces
Stories
2
Days on market
48
Full bathrooms
2
Half bathrooms
1
MLS status
Active
Zoning
R1

Features & Amenities

Lot

  • Level

Community, Schools & Utilities

Community

Fireplace
Yes
View
Bay,Water

Schools

School district
Other
Elementary school
Other
Middle school
Pacific Grove
High school
Pacific Grove

Utilities

Cooling
None
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1046 BALBOA

Pacific Grove, CA 93950

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Frequently Asked Questions About 1046 BALBOA

Property type: Residential

The current asking price is $1,899,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1046 BALBOA. Our team will confirm availability and timing.
This 3 bedrooms and 3 bathrooms property offers approximately 1,772 square feet of living space. It was built in 1940. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Pacific Grove, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Pacific Grove property.
The MLS currently reports the property as Active. It has been listed for 48 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Annette Boggs
MLS ID: ML5089159

Available property

$1,899,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.