USACAPacific Grove1046 Balboa Ave
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New
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$1,995,000

For Sale

5 days ago

1046 Balboa Ave, Pacific Grove, CA

House

MLS® ML82055504

3 Bed

3 Bath

1772 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1772 sqft
Garage Yes
Taxes 
Days Active 6
Lot Size 0.1148 Acres
Approx. Age 1940
Avg. Price Per Sqft $1,125
MLS® Number ML82055504

Property Address: 1046 Balboa Ave, Pacific Grove, CA, 93950-2102

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberML82055504
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1940
Basement
Driveway
Garage Spaces
Heat
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 24, 2026List Date
$1,995,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 15, 2026List Date
$1,950,000List Price

Home Appraisal

This property is estimated to sell between: $1,995,000 and $2,831,000.
Similar properties in this area sold on average for: $2,551,887
Expected to sell in 28 days. Similar properties sold in 34 days. This home has been on eXp Realty for 6 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
1046 Balboa Ave, Pacific Grove, CA

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