1046 Balboa Avenue, PACIFIC GROVE, CA 93950 (MLS # ML82038715)
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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 Californias most desirable communities.
| LAST UPDATED | 7/24/2026 | YEAR BUILT | 1940 |
|---|---|---|---|
| GARAGE SPACES | 2.0 | COUNTY | Monterey |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Robert Down Elementary |
|---|---|
| Jr. High School | Pacific Grove Middle |
| High School | Pacific Grove High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Other |
| LOT | 5000 acre(s) |
| LOT DIMENSIONS | 5000.00 |
| PARKING | Other |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| ZONING | R1 |
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 7/25/26 7:50 AM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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This IDX solution is (c) Diverse Solutions 2026.
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