1046 BALBOA, Pacific Grove, CA 93950
- $1,995,000
- 3
- BD
- 3
- BA
- 1,772
- SqFt
- List Price
- $1,995,000
- MLS#
- ML82055504
- Status
- ACTIVE
- Property Type
- res
- Bedrooms
- 3
- Total Bathrooms
- 3
- Full Bathrooms
- 2
- Partial Bathrooms
- 1
- Sqft. of Residence
- 1,772
- Lot Size
- 5,000
- Listing Area
- Beach Tract/Fairway Homes
- Year Built
- 1940
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.
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Additional Information
- Age
- 86
- Cooling System
- None
- Family Room
- No Family Room
- Fireplace Description
- Gas Burning
- Foundation
- Post and Beam
- Garage Parking
- Attached Garage
- Heating System
- Other
- Living Area
- 1,772
- Lot Description
- Grade - Level
- Lot Size
- 5,000
- Neighborhood
- Beach Tract/Fairway Homes
- Other Utilities
- Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- Style
- Other
- Unincorporated Yn
- Yes
- View
- Bay View, Water
- Zoning
- R1
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Listing courtesy of Annette Boggs from Above and Beyond Real Estate. 831-601-5800
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