1046 Balboa, Pacific Grove, CA 93950
- $1,995,000
- 3
- BD
- 3
- BA
- 1,772
- SqFt
- List Price
- $1,995,000
- Days on Market
- 5
- MLS#
- ML82055504
- Building / Subdivision
- Ca
- Bedrooms
- 3
- Bathrooms
- 3
- Living Sq. Ft
- 1,772
- Lot Size
- 5,000
- Type
- Single Family Residential
- Zip
- 93950
- City
- Pacific Grove
Property 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.
Additional Information
- School District
- Pacific Grove Unified
- Building Type
- Detached
- View
- Bay, Water
- Garage
- Yes
- Garageparking
- Attached
- Lot Description
- Level
- Neighborhood
- Ca
- Heating
- Other
- Cooling
- None
- Year Built
- 1940
- Water Sewer
- Public
- Acres
- 0.11
- Roof
- Composition Shingles
- Garage Spaces
- 1
- High School
- Pacific Grove Unified
- Style
- Other
- Elementary School
- Pacific Grove Unified
- Stories
- 2
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Listing courtesy of Annette Boggs from Above and Beyond Real Estate. 831-601-5800
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