The Pearl Building with Luxury Apartment and Restaurant Five Eleven.
Welcome to The Pearl, a stunning property rich in history and architectural significance. Originally built in 1872 as the Crystal Palace salon, this iconic building underwent a transformative Art Deco renovation in the 1950's. In 2004, The Pearl was completely restored, blending the best of old-world charm with modern luxury.
The front 2,200 sqft of the building has been meticulously restored, including a new foundation and earthquake retrofit, with every detail upgraded to meet current commercial standards. New framing, plumbing, electrical, and a 2-hour fire-rated structure ensure both safety and longevity. The interior features poured concrete floors, both upstairs and down, with radiant heat. The rear 2,200 sqft of the building, also constructed in 2004, offers three stories of modern luxury, crowned by a penthouse and expansive roof deck that provides breathtaking views of the marina, redwoods, and Pacific Ocean. The location is unbeatable, nestled in the heart of Historic Old Town, just one building off the gazebo and only a block from the waterfront.
The first floor showcases a sleek, modern design with custom finishes throughout, while the second floor is a spacious 2,200 sqft home, featuring 16-foot ceilings, glass railings, and exotic granite countertops. The primary bedroom boasts stunning bay views, making it the perfect sanctuary to enjoy the sights and sounds of this extraordinary location.
Included in the sale is Restaurant Five Eleven, a modern fine-dining restaurant and bar featuring farm-to-table North Pacific cuisine, an extensive wine selection, and a diverse menu of signature cocktails. This well-established dining destination enhances the property's value and offers exceptional potential for continued operation or creative reimagining. Learn more about the restaurant at www.fiveeleveneureka.com
The Pearl combines the grandeur of the past with the conveniences of modern living, offering a one-of-a-kind opportunity to own a piece of history in the most desirable part of town.
Short Term Vacation Rental Permit completed and approved!
For sale
$1,250,000
507 2nd St, Eureka, CA 95501
3beds
2baths
4,400sqft
Single Family Residence
Built in 2004
2,178 Square Feet Lot
$1,156,400 Zestimate®
$284/sqft
$-- HOA
What's special
Glass railingsExotic granite countertopsRadiant heat
- 530 days |
- 527 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Nathan Baxley nathan@landxinc.com,
Land X Real Estate Inc.
Source: HBMLS,MLS#: 268526
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Radiant
Appliances
- Included: Gas, Free-Standing Refrigerator
Features
- Cathedral/Vault, Granite Counters
- Flooring: Concrete
- Windows: Double Pane Windows, Skylight/Solar Tube
- Has fireplace: No
Interior area
- Total structure area: 4,400
- Total interior livable area: 4,400 sqft
Video & virtual tour
Property
Features
- Levels: Three Or More
- Has view: Yes
- View description: City Lights, Bay, Hills, Ocean, Panoramic
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Size: 2,178 Square Feet
- Dimensions: .05
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: Eureka
Financial & listing details
- Price per square foot: $284/sqft
- Date on market: 1/21/2025
Estimated market value
$1,156,400
$1.10M - $1.21M
$2,029/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2025 | Price change | $1,250,000-16.7%$284/sqft |
Source: | ||
| 3/22/2025 | Price change | $1,500,000-16.4%$341/sqft |
Source: | ||
| 1/21/2025 | Listed for sale | $1,795,000$408/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 95501
Nearby schools
GreatSchools rating
- 3/10Lafayette Elementary SchoolGrades: K-5Distance: 1.9 mi
- 4/10Catherine L. Zane Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Eureka Senior High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Humboldt County
- Eureka
- 95501
- 507 2nd St





