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Backup Offers

246 Locust St, Pacific Grove, CA, 93950

$1,499,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,467 SqFt
$1,022/SqFt
Multi

Location

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246 Locust St, Pacific Grove$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1922
HeatingFloor Furnace, Wood Stove, Wall Furnace
CoolingNone
MLS #ML81986109
Lot Size0.08 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 246 Locust St

Charming Multi Unit in a prime Pacific Grove location! First time on the market, this exceptional property is a gem. Nestled between Lighthouse and Pine, this multi unit home features 3 thoughtfully updated 1bd/1ba units, each showcasing modern amenities while preserving the home's original charm. Unit 1 approx. 686 sf is spacious and boasts beautiful hardwood floors, quartz countertops, and a Wolf range. Stunning stained-glass windows add a unique touch, enhancing the overall beauty of the space. Unit 2 approx. 485 sf is a cozy retreat featuring hardwood floors and quartz counters, a new GE stove and a charming loft area perfect for extra storage or a cozy reading nook. The studio with approx. 296 sf is a compact yet stylish space with laminate flooring, a small kitchen with quartz counters and a loft. All units maximize storage, ensuring functional living spaces. Outside, youll find a quaint backyard complete with a lovely garden and a charming She Shed. Close to town and beaches.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1922
  • Stories: 1
  • Living Area: 1,467 SqFt

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (831) 624-1566
  • Listing Agent: Shankle RE Team

Interior Features

Interior Information:

  • Appliances: Refrigerator, Range Hood
  • Flooring Type: Laminate, Wood

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Wood Stove, Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Lighthouse

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $1,022/SqFt

Tax Information:

  • Annual Amount: $9,319
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pacific Grove, CA.

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Pacific Grove, CA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$1,101

Avg. Days On Market

81

# of Sold Homes

8

246 Locust St vs Pacific Grove

39 DAYS ON ROCKET

-42 Days

$1,499,000

+$9K More

$1,022/SqFt

-$79 Less

KEY TAKEAWAY

This property is $9K more than the Median Sold Price and $79/SqFt less than other homes in Pacific Grove, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81986109

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (831) 624-1566
  • Listing Agent: Shankle RE Team

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,319$834,758
2020$9,131$826,200
2019$1,342$120,342
2018$1,320$117,984
2017$1,320$115,672

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4261168
9
/10

  • Robert Down Elementary School

  • 485 Pine Ave

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-4261169
6
/10

  • Forest Grove Elementary School

  • 1065 Congress Ave

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-4261170
5
/10

  • Monte Vista

  • 251 Soledad Dr

  • 2.43 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,808. Typical income of Pacific Grove, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Monterey County›Pacific Grove›93950›246 Locust St

This home is located at 246 Locust St in Pacific Grove, CA and zip code 93950. This 1,467 square foot home, which was built in 1922, sits on a 0.08 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,499,000.

In November 2024 more than 0 listings in Pacific Grove, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in Pacific Grove, CA between October 2024 and November 2024 increased by 5%. In November 2024 median list price was $1,490,000 and the average listing age was 81 days.

From Rocket Homes Real Estate and based on county public records data.

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