Active

1046 Balboa

Pacific Grove, CA 93950
Mark as Favorite
Bed 3

Bed

Bath 3

Bath

SqFt1,772

Sqft

SqFt5,000

Sqft(Lot)

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 t he 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,995,000

AD Id : 88402494

MLS Id : ML82055504

Beds : 3

Lot Size : 5,000 Sqft

Living Area Size : 1,772

Year Built : 1940

Garage : 1

County : Monterey

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Roofing Information

    Composition
  • Interior Features

    Roof: Composition
  • Heating & Cooling

    Has Heating: Yes Has Cooling: Yes Cooling: None

  • Building Information

    Year Built: 1940
    Private Pool: No
    View: Bay, Water

  • Lot Information

    Main Square Feet: 5000 Lot Size Acres: 0.1148 Lot Size Source: Other Lot Size Square Feet: 5,000 Lot Description: Level

  • Listing Price Information

    Listing Price: $1995000

  • Tax Information

    Parcel Number: 006026011

  • Parking Information

    Parking Total: 1

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Other Junior High School: Pacific Grove Senior High School: Pacific Grove
  • Location Information

    Direction: Cross Street: Esplanade WaterSource: Public
Sell a home like this and save $119,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
115 1st Street, Pacific Grove, CA, 93950 $2,825,000 2 2 1,069 1,069 SqFt
135 5th Street, Pacific Grove, CA, 93950 $2,395,000 4 4 2,159 2,159 SqFt
218 4th Street, Pacific Grove, CA, 93950 $1,899,999 4 3 1,403 1,403 SqFt
Residential, Pacific Grove, CA, 93950 $1,018,000 2 2 1,159 1,159 SqFt
215 6th Street, Pacific Grove, CA, 93950 $825,000 1 1 563 563 SqFt
311 Lighthouse, Pacific Grove, CA, 93950 $1,700,000 4 2 1,836 1,836 SqFt
114 Carmel Avenue, Pacific Grove, CA, 93950 $2,195,000 5 4 2,452 2,452 SqFt
111 12th Street, Pacific Grove, CA, 93950 $3,199,000 3 4 2,517 2,517 SqFt
Residential, Pacific Grove, CA, 93950 $2,297,000 4 3 2,158 2,158 SqFt
514 6th Street, Pacific Grove, CA, 93950 $999,999 2 2 1,056 1,056 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 13:31

MLS: ML82055504 LISTED BY: Annette Boggs, Above and Beyond Real Estate 831-601-5800 SOURCE: CRMLS

Homes around $1,995,000

Selling? Save $119,201 when you sell a home like this

Tour with a ByOwner Agent