NOT LISTED FOR SALE

1027 Ocean View Blvd Pacific Grove, CA 93950

Estimated Value: $5,695,424 - $6,828,000

5 Beds
5.5 Baths
4,793 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $4,900,000 $1,022 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $38,649/month

65 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Custom Home
  • Robert Down Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Esplanade Park

About This Home

As of September 2021

Take advantage of a once in a lifetime opportunity to own this commanding Pacific Grove estate. Luxuriate in the panoramic ocean views. Enjoy watching sailboats and whales, and all the beauty Monterey Bay boasts. The main residence features 4 bed 4.5 bath, including chefs kitchen, formal dining room, home office and billiard room with wet bar. The private attached guest house includes 1 bed, 1 bath and kitchenette. Rebuilt in 1995, the home was featured on HGTV and has been immaculately maintained. There is a traditional elegance to this dream home that will capture your heart. When only the best will do, consider this landmark property.

Last Agent to Sell the Property

Kim DiBenedetto

Carmel Realty Company License #01278679 Listed on: 06/14/2021

Carmel Realty Company

Last Buyer's Agent

Team Rouse

Sotheby’s International Realty License #70010204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,262

Year Built

  • 1995

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Mountain

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Wood Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,793 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Entertainment System
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Workshop
  • Alarm System

Kitchen

  • Dumbwaiter
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Master Meter
  • Tankless Water Heater

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,262

Year Built

1995

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1
  • Subclass: Single Family Home
  • Style: Cape Cod, Custom
  • Age: 26
  • Listing Class: Residential
  • Structure Sq Ft: 4793
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Hood Over Range, Ice Maker, Microwave, Oven - Built-In, Oven - Electric, Oven - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4793
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreate - 2+, Walk-In Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Formal Entry, Laundry Room, Media / Home Theater, Office Area, Storage, Workshop
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub With Jets, Showers Over Tubs - 2+, Stall Shower - 2+, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shake
  • View: Mountains, Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Dumbwaiter, High Ceiling, Vaulted Ceiling, Video / Audio System, Walk-In Closet, Wet Bar

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Mostly Level, Views
  • Lot Acres: 0.2640
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11500.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater

Multi Family

  • Utilities: Master Meter, Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Sep 8, 2021
Sold by
Matteis Karen and Krehbiel Kevin L
Bought by
Earl James F and Earl Sandra S
Seller's Agent
Kim DiBenedetto
Carmel Realty Company
Buyer's Agent
Team Rouse
Sotheby’s International Realty
List Price
$5,750,000
Sold Price
$4,900,000
Premium/Discount to List
-$850,000
-14.78%
Current Estimated Value
$6,232,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,332,945
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Feb 21, 2014
Sold by
Krehbiel William R and Matteis Karen
Bought by
Krehbiel William R and Matteis Karen
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Earl James F $4,900,000 Chicago Title Company
Krehbiel William R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krehbiel William R $250,000
Previous Owner Krehbiel William R $510,000
Previous Owner Krehbiel William R $517,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $4,900,000 -7.5% $1,022 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $5,295,000 -7.9% $1,105 / Sq Ft
06/14/2021 06/14/21 For Sale $5,750,000 -- $1,200 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $54,262 $5,199,918 $2,440,778 $2,759,140
2024 $54,262 $5,097,960 $2,392,920 $2,705,040
2023 $54,869 $4,998,000 $2,346,000 $2,652,000
2022 $53,755 $4,900,000 $2,300,000 $2,600,000
2021 $21,967 $4,900,000 $2,300,000 $2,600,000
2020 $21,526 $1,948,671 $792,621 $1,156,050
2019 $20,841 $1,910,463 $777,080 $1,133,383
2018 $20,423 $1,873,004 $761,844 $1,111,160
2017 $20,091 $1,836,279 $746,906 $1,089,373
2016 $20,139 $1,800,274 $732,261 $1,068,013
2015 $19,814 $1,773,233 $721,262 $1,051,971
2014 $19,400 $1,738,499 $707,134 $1,031,365
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kim DiBenedetto

    Carmel Realty Company

    Section Image

  • T

    Buyer's Agent in 2021

    Team Rouse

    Sotheby’s International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81847698

MLSListings

APN: 006-025-025-000

California Monterey County Pacific Grove 93950

1027 Ocean View Blvd, Pacific Grove, CA

This home is located at 1027 Ocean View Blvd, Pacific Grove, CA 93950 since 14 June 2021 and is currently estimated at $6,356,475, approximately $1,326 per square foot. This property was built in 1995. 1027 Ocean View Blvd is a home located in Monterey County with nearby schools including Robert Down Elementary School, Pacific Grove Middle School, and Pacific Grove High School.

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