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The One Luxury Properties
1046 BALBOA, Pacific Grove, CA 93950
- $1,899,000
- 3
- BD
- 3
- BA
- 1,772
- SqFt
- List Price
- $1,899,000
- Status
- ACTIVE
- Days on Market
- 77
- Price Change
- ▼ $96,000 1789090041
- MLS#
- ML82055504
- Subtype
- Residential
- Year Built
- 1940
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 1,772
- Lot Size
- 5,000
- Acres
- 0.11
- MLS Area Major
- Not Defined (699)
Property 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.
Additional Information
- Zoning
- R1
- Air Conditioning
- Yes
- Roof
- Composition
- Garage Spaces
- 1
- School District
- Other
- Elementary School
- Other
- Middle School
- Pacific Grove
- High School
- Pacific Grove
- View
- Bay, Water
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Listing courtesy of Listing Agent: Annette Boggs (annette@aboveandbeyondca.com) from Listing Office: Above and Beyond Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.