Home | Monterey County | Pacific Grove | 93950 | 1046 Balboa
MLS: ML82055504 | Status: Active | Price: $1,995,000
Beds/Baths: 3 / 2 /1
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 3 | 2 /1 | 1,772 | 5,000 | 1940 |
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.
| Field | Value |
|---|---|
| MLS # | ML82055504 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Dining Room | Dining Area |
| Family Room | No Family Room |
| Fireplace | Gas Burning |
| Cooling | None |
| Heating | Other |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Other |
| Style | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Garage: 1 Car(s) |
| Elementary District | Pacific Grove Unified |
| High School District | Pacific Grove Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R1 |
Annette Boggs
Above and Beyond Real Estate
License #: 01317801
Phone: (831) 601-5800
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Pacific Grove Adult | public | UG | 0.49 mi | N/A |
| Robert Down Elementary School | public | K-5 | 1.15 mi | 8 |
| Pacific Grove Middle School | public | 6-8 | 1.33 mi | 9 |
| Pacific Grove High School | public | 9-12 | 1.54 mi | 10 |
| Forest Grove Elementary School | public | K-5 | 1.58 mi | 6 |
| Community High (Continuation) School | public | 9-12 | 1.95 mi | N/A |
| Monte Vista | public | K-8 | 2.87 mi | 6 |
| Monterey High School | public | 9-12 | 2.92 mi | 8 |
| La Mesa Elementary School | public | K-8 | 4.50 mi | 7 |
| Seaside High School | public | 9-12 | 4.92 mi | 6 |
| Monterey Adult/Rop | public | UG | 4.95 mi | N/A |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 701 Archer St | $1,780,000 | 3 | 3 | 1,897 | Active |
| 957 Syida Dr | $1,980,000 | 3 | 2 | 1,858 | Active |
| 515 Fountain Ave | $1,649,000 | 4 | 3 | 2,219 | Active |
| 1028 Mcfarland Ave | $1,700,000 | 3 | 2 | 1,788 | Active |
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This listing information is up-to-date as of July 25, 2026. For the most current information, please contact Annette Boggs, (831) 601-5800.