1046 BALBOA, Pacific Grove, CA 93950
1046 BALBOA, Pacific Grove, CA 93950
1046 BALBOA, Pacific Grove, CA 93950
1046 BALBOA, Pacific Grove, CA 93950
1046 BALBOA, Pacific Grove, CA 93950
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$ 1,995,000
Est. payment | /mo

3 Beds

3 Baths

1,772 SqFt


Save
$ 1,995,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,772 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,772 sqft

Price per Sqft $1,125

MLS Listing ID ML82055504

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1940

Lot Size 5,000 Sqft

Property Sub-Type Single Family Residence

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.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning R1

Interior

Cooling None

Fireplace Yes

Exterior

Garage Spaces 1.0

Garage Description 1.0

View Y/N Yes

View Bay, Water

Roof Type Composition

Total Parking Spaces 1

Building

Lot Description Level

Faces South

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Other

Middle Schools Pacific Grove

High Schools Pacific Grove

School District Other

Others

Tax ID 006026011

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Annette Boggs Above and Beyond Real Estate #01317801

Schools and Properties Nearby

Steven Shearrill

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1046 BALBOA