218 4th ST, Pacific Grove, CA 93950

$1,899,999
4
BD
3
BA
1,403
SqFt

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Listed by Tenley Baxter, 650-248-5030 from Sotheby's International Realty
(If provided) CoList: Melissa Taylor from Sotheby's International Realty

List Price
$1,899,999
MLS#
ML82048401
Status
ACTIVE
Property Type
Single Family Residential
Class
Single Family Home
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
City
Pacific Grove
Lot Size
4,500
Zip
93950
Sqft. of Residence
1,403
Listing Area
Forest Ave/Pine Ave
Acres
0.10
Neighborhood
Other
Year
1912

Property Description

Premium Income Potential Near Lover's Point - Coastal Charm! Nestled in the highly desirable heart of Pacific Grove, this exceptional property blends classic coastal charm with an unbeatable Peninsula lifestyle. Rich in architectural details, the main residence features 3 bedrooms and 2 bathrooms, showcasing stained-glass windows, hardwood floors, high ceilings, and natural light with large windows that frame sweeping views of the Pacific Ocean while creating a sanctuary for relaxed coastal living against a scenic backdrop. Adding immense value to this seaside gem is a completely detached, separate Accessory Dwelling Unit (ADU). Located in a premier, high-demand rental destination, this secondary unit offers incredible versatility. It serves as a fantastic opportunity for an investor seeking strong revenue-generating features, or an owner-user looking for a private guest suite or a reliable source of supplemental income potential. Properties offering this combination of ocean views, neighborhood character, and flexible layout options are a rare find on the Peninsula. Live in one, rent the other, so many choices! Location is everything! Moments from iconic Lover's Point, restaurants, Carmel, Pebble Beach, golf, and scenic coastal hiking trails. Welcome to your sanctuary.

Additional Information

Secondary Living Space
Accessory Dwelling Unit
Amenities
High Ceiling, Skylight
Bathroom Features
Stall Shower, Shower and Tub, Skylight, Full on Ground Floor
Bedroom Description
Ground Floor Bedroom
Cooling System
None
Energy Features
Double Pane Windows, Low Flow Toilet
Family Room
No Family Room
Fence
Wood
Fireplace Description
Dual See Thru, Gas Starter, Living Room
Floor Covering
Tile, Hardwood
Foundation
Concrete Perimeter
Garage Parking
Off-Street Parking
Heating System
Central Forced Air, Other
Laundry Facilities
Inside
Living Area
1,403
Lot Description
Views, Grade - Sloped Down
Lot Size
4,500
Neighborhood
Forest Ave/Pine Ave
Other Rooms
Other
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Style
Victorian
View
Bay View, Hills, Ocean View
Water
Public
Zoning
R-1

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