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1046 BALBOA AVE, Pacific Grove, CA 93950 (MLS # ML82055504)

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PRICE $1,995,000 dsIDX morgage calculator
BEDS 3
BATHS 2.5
HOME SIZE 1,772 sqft
LOT SIZE 5,001 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.

DAYS ON MARKET 3 LAST UPDATED 7/24/2026
YEAR BUILT 1940 COMMUNITY 699 - Not Defined
GARAGE SPACES 1.0 COUNTY Monterey
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Other
Jr. High School Pacific Grove
High School Pacific Grove


ADDITIONAL DETAILS
AIR None
AIR CONDITIONING Yes
AREA 699 - Not Defined
FIREPLACE Yes
GARAGE Attached Garage, Yes
LOT 5001 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 5000
PARKING Attached
SEWER Public Sewer
STORIES 2
VIEW Yes
VIEW DESCRIPTION Bay, Water
WATER Public
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TOTAL MONTHLY PAYMENT

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Listed with Above and Beyond Real Estate

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 7/27/26 12:51 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2026.

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