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Sold for $2,550,000
  • $2,550,000

    1031 Balboa Ave, Pacific Grove, CA 93950

    2beds
    1,406sqft
    Single Family Residence, Residential
    Built in 1950
    4,800 Square Feet Lot
    $2,545,000 Zestimate®
    $1,814/sqft
    $4,181 Estimated rent

    Home value

    $2,545,000

    $2.21M - $2.93M

    $4,181/mo

    Zestimate® history
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    What's special

    Single-level livingGas fireplaceCozy coastal eleganceElevated corner lotCrashing wavesHardwood floorsGenerous monterey bay views
    Perched on an elevated corner lot just two blocks from the shoreline, this 2-bedroom, 2-bathroom home offers generous Monterey Bay views from every room and the soothing soundtrack of crashing waves. From your doorstep, take a short stroll to Lovers Point or cruise along the famed 18-mile Monterey Bay Coastal Trail. For the golf enthusiasts, this home is a 3 minute drive to the beloved Pacific Grove Golf Links pro shop and numerous world class golf courses right inside the gates of Pebble Beach. The home also offers easy access to the vibrant downtown Pacific Grove, with world class restaurants and tons of small town charm. Inside, over 1,400 square feet of single-level living unfolds with warmth and ease. Hardwood floors flow through a light-filled open layout, while a gas fireplace anchors the living room with cozy coastal elegance. Whether you're watching sailboats drift by or city lights sparkle at dusk, this home offers the perfect blend of tranquility and walkable seaside living - all in one of Pacific Grove's most desirable neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Austin Cooper 02161915 831-747-4831,

    Real Brokerage Technologies 619-663-8680

    Bought with:

    Lucie Campos, 01345594

    Coldwell Banker Realty

    Source: MLSListings Inc,MLS#: ML82005919MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Office
    Dining room
    • Features: DiningArea
    Family room
    • Features: KitchenFamilyRoomCombo
    Kitchen
    • Features: Countertop_Granite
    Heating
    • Central Forced Air
    Cooling
    • None
    Appliances
    • Included: Electric Cooktop, Dishwasher, Disposal, Refrigerator
    • Laundry: Tub/Sink, In Utility Room
    Features
    • Flooring: Hardwood, Vinyl Linoleum
    • Number of fireplaces: 1
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 1,406
    • Total interior livable area: 1,406 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Off Street
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Customized Wheelchair Accessible
    Features
    • Stories: 1
    Lot
    • Size: 4,800 Square Feet
    Details
    • Parcel number: 006044013000
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Foundation: Concrete Perimeter, Wood Frame
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Pacific Grove

    Financial & listing details

    • Price per square foot: $1,814/sqft
    • Tax assessed value: $127,357
    • Annual tax amount: $1,437
    • Date on market: 5/7/2025
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    5/27/2025Sold$2,550,000+21.7%$1,814/sqft
    Source: MLSListings Inc #ML82005919 Report a problem
    5/18/2025Pending sale$2,095,000$1,490/sqft
    Source: MLSListings Inc #ML82005919 Report a problem
    5/8/2025Listed for sale$2,095,000$1,490/sqft
    Source: MLSListings Inc #ML82005919 Report a problem
    1/13/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    12/1/2020Listed for rent$3,995+14.3%$3/sqft
    Source: Gorman Real Estate Report a problem
    3/21/2019Listing removed$3,495$2/sqft
    Source: Gorman Real Estate Report a problem
    3/12/2019Listed for rent$3,495$2/sqft
    Source: Gorman Real Estate Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,437 +5%$127,357 +2%
    2024$1,369 -5.1%$124,860 +2%
    2023$1,442 +2%$122,413 +2%
    2022$1,414 +0.5%$120,014 +2%
    2021$1,407 +1.9%$117,662 +1%
    2020$1,380 +3.1%$116,457 +2%
    2019$1,339 +1.8%$114,175 +2%
    2018$1,315 +1.6%$111,937 +2%
    2017$1,294 +6.2%$109,743 +2%
    2016$1,219 +3.9%$107,592 +1.5%
    2015$1,174 $105,976 +2%
    2014$1,174 $103,901 +2.5%
    2012-- $101,405 +2%
    2011-- $99,417 +0.8%
    2010-- $98,675 -0.2%
    2009-- $98,911 +2%
    2008-- $96,973 +2%
    2007-- $95,073 +2%
    2006-- $93,210 +2%
    2005-- $91,384 +2%
    2004-- $89,593 +4.5%
    2003-- $85,721 +79.5%
    2002-- $47,766 +2%
    2001$493 $46,830 +2%
    2000-- $45,912
    Find assessor info on the county website

    Neighborhood: Beach Tract/Fairway Homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: RobertDownElementary
    • Middle: PacificGroveMiddle
    • High: PacificGroveHigh
    • District: PacificGroveUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,545,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,545,000