$1,899,999

218 4th Street, Pacific Grove, CA 93950

4 beds |
3 baths |
1,403 sqft

Single-Family Home
Built in 1912
4,500sqft lot
—— car garage
$1,354/sqft
Listed 1 month ago

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.

Listing Status:: Active
Date Added:: May 24, 2026
Data Last Updated:: July 5, 2026 at 12:06PM
Listing Office:: Sotheby's International Realty :
Listing Agent:: Tenley Baxter : 650-248-5030
MLS ID:: ML82048401

Appliances: Dishwasher
Flooring: HardwoodTile
A/C: None
Heating: Forced AirOther
Fireplace: Gas StarterLiving RoomFireplaceFireplaces: 1
Eco/Green Feature: Low Flow Toilet

Style: Victorian
Parking: Off Street

Roofing: Shingle
Windows: Double Pane Windows
General: 2

School District: Pacific Grove Unified
County: Monterey

Zoning: R-1006254004000
View: BayHillsView
Fencing: Fenced

Water: Public
Sewer: Public Sewer

This listing courtesy of Tenley Baxter , Sotheby's International Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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