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For sale
  • $1,250,000

    507 2nd St, Eureka, CA 95501

    3beds
    2baths
    4,400sqft
    : 
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    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
    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!
    530 days
    |
    527
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathan Baxley nathan@landxinc.com,

    Land X Real Estate Inc.

    Source: HBMLS,MLS#: 268526MLS Logo

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      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

        DateEventPrice
        8/2/2025Price change$1,250,000-16.7%$284/sqft
        Source: HBMLS #268526 Report a problem
        3/22/2025Price change$1,500,000-16.4%$341/sqft
        Source: HBMLS #268526 Report a problem
        1/21/2025Listed for sale$1,795,000$408/sqft
        Source: HBMLS #268526 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 95501

        Getting around

        93 / 100
        Walker's Paradise
        98 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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