Listing Agent: Annette Boggs      Broker/Office: Above and Beyond Real Estate
1046 BALBOA Pacific Grove CA 93950
$ 1,995,000
  3   |    2 Full  1 Half   |    1772 Sq Feet

Listing ID

#ML82055504

Status

Active

Property Type

Single Family Residence

County

Monterey

Year Built

1940

Days on website

2

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
Financial Information
List Price:  $ 1995000
Property Features
Direction Faces:  South
Elementary School:  Other
High School:  Pacific Grove
High School District:  Other
Lot Features:  Level
Middle Or Junior School:  Pacific Grove
Roof:  Composition
View:  Bay, Water
Water Source:  Public
Elementary School:  Other
High School:  Pacific Grove
High School District:  Other
Middle Or Junior School:  Pacific Grove
MLS Area Major:  699 - Not Defined
City:  Pacific Grove
Listed By:   Annette Boggs   Above and Beyond Real Estate 
CA Lic#