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Price Reduced Listing
$1,899,000
 $10,194 est/mo Sourced by Back At You

1046 Balboa,Pacific Grove, CA 93950

Pacific Grove, CA 93950

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Description

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.

Details

MLS #ML82055504
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1940
Days On Site55
Listing Provided ByAbove and Beyond Real Estate | Annette Boggs

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,772
Garage1
Story(s)2
ZoningR1
Acreage0.11
Property ViewYes

Interior

CoolingNone
Heating Yes / NoYes
Cooling Yes / NoYes
Fireplace Yes / NoYes

Exterior

RoofComposition
Lot FeaturesLevel

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes

Utilities

SewerPublic Sewer

Area Information

StateCA
CountyMonterey
CityPacific Grove
Zip Code93950
Area699 Not Defined
Listing VS Median (in 93950)
Price:
$1,899,000
low | high
Med:
$1,597,000
65.903106898368% of Average
sqft:
1,772
low | high
Med:
2,103
31.320541760722% of Average
$ / sqft:
$1,072
low | high
Med:
$837
71.911756887836% of Average
On site:
55
low | high
Med:
134
41.044776119403% of Average
Sourced by Back At You

Market Activity 93950

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Additional Information

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountyMonterey
CityPacific Grove
Zip Code93950
Area699 Not Defined
Listing VS Median (in 93950)
Price:
$1,899,000
low | high
Med:
$1,597,000
65.903106898368% of Average
sqft:
1,772
low | high
Med:
2,103
31.320541760722% of Average
$ / sqft:
$1,072
low | high
Med:
$837
71.911756887836% of Average
On site:
55
low | high
Med:
134
41.044776119403% of Average
Sourced by Back At You
Listing Updated: September 10, 2026 at 12:43:03 PM PDT
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