$3,710,000
SOLD DEC 17, 2024

1261 Ocean View Blvd Pacific Grove, CA 93950

3 Beds
2 Baths
1,425 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$2,604 Per Sq Ft

14% Above List Price

5 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Bonus Room
  • Robert Down Elementary School Rated A
  • Marble Bathroom Countertops
  • Granite Countertops

About This Home

As of December 2024

Experience the breathtaking beauty of Monterey Bay daily at 1261 Ocean View Boulevard. This well-loved single-story home, situated near the tip of Pacific Grove, has been cherished by the same family for over 50 years. It features three bedrooms and two bathrooms, offering a rare opportunity with stunning views across the bay towards Santa Cruz, set against the dramatic backdrop of the Pacific Grove coast. Feel the energy of the ocean with direct access to the coastal trail, just steps from your door. The home features a large picture window with high ceilings, offering mesmerizing views of waves crashing over granite rocks. Enjoy cozy evenings by the fireplace while observing the vibrant activity on the water. The enclosed sunroom leads to the expansive backyard of the 8,300 square foot lot. This is the perfect setting for morning coffee or evening gatherings to unwind. Located just a few houses away from the PG Golf Links, this residence is surrounded by open space and panoramic vistas. At 1261 Ocean View Boulevard, immerse yourself in the sights, sounds, and rhythms of the Monterey Bay for a truly unique coastal living experience.

Last Agent to Sell the Property

Bambace Peterson

Compass License #70010145 Listed on: 11/19/2024

Compass

Last Buyer's Agent

The Debby Beck Group

Platinum One Real Estate License #70010203

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,357

Year Built

  • Built in 1965

Lot Details

  • 8,276 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Back Yard

Property Views

  • Ocean
  • Bay

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Alarm System

Kitchen

  • Electric Oven
  • Range Hood
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Laundry Tub

Parking

  • Garage
  • Workshop in Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Power Generator
  • Individual Gas Meter
  • Tankless Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 006-011-004-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,357

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 1425
  • Year Built: 1965
  • Zoning Description: RES
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Living Room
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1425
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: In Garage, Tub / Sink
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Granite, Marble, Shower and Tub, Stall Shower, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Grid, Post and Pier
  • Roof: Composition
  • View: Bay, Ocean
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Wood
  • Property Faces: North
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Attached Garage, Gate / Door Opener, Workshop in Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Pacific Grove Unified
  • Elementary School: Forest Grove Elementary
  • Middle School: Pacific Grove Middle
  • High School: Pacific Grove High
  • High School: 560
  • Elementary School: 559
  • Middle School: 561

Lot Info

  • Lot Description: Views
  • Parcel Number: 006-011-004-000
  • Lot Acres: 0.1900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8276.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8276.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater

Multi Family

  • Utilities: Generator, Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified
  • Elementary School Text: Forest Grove Elementary
  • High School Text: Pacific Grove High
  • Middle School Text: Pacific Grove Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Dec 12, 2024
Sold by
Dorothy Bolin 2017 Revocable Trust and Horvath Liza D
Bought by
1261 Ovb Llc
Seller's Agent
Bambace Peterson
Compass
Buyer's Agent
The Debby Beck Group
Platinum One Real Estate
List Price
$3,250,000
Sold Price
$3,710,000
Premium/Discount to List
$460,000
14.15%
Total Days on Market
5
Views
45
Current Estimated Value
$3,506,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$203,642
Avg. Annual Appreciation
-9.60%

Purchase Details

Closed on
Sep 7, 2021
Sold by
Bolin Dorothy and The Dorothy Bolin 2017 Revocab
Bought by
Bolin Dorothy Anna and Bolin Dorothy 2017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,836,000
Interest Rate
2.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 31, 2017
Sold by
Bolin Dorothy
Bought by
Bolin Dorothy and Dorothy Bolin 2017 Revocable Trust

Purchase Details

Closed on
Feb 2, 2017
Sold by
Bolin Dorothy and Berryman Dorothy
Bought by
Bolin Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.47%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 26, 2004
Sold by
Hilbig Gertrud E
Bought by
Hilbig Gertrud E and Bolin Dorothy A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,710,000 Old Republic Title
Interfamily Deed Transfer -- Fidelity Natl Ttl Co Of Ca
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Placer Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,836,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $3,710,000 +14.2% $2,604 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $3,250,000 -- $2,281 / 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 $1,357 $3,710,000 $2,900,000 $810,000
2024 $1,357 $3,710,000 $2,900,000 $810,000
2023 $1,420 $128,197 $60,334 $67,863
2022 $1,391 $125,684 $59,151 $66,533
2021 $1,383 $123,221 $57,992 $65,229
2020 $1,355 $121,959 $57,398 $64,561
2019 $1,313 $119,569 $56,273 $63,296
2018 $1,288 $117,225 $55,170 $62,055
2017 $1,266 $114,928 $54,089 $60,839
2016 $1,267 $112,676 $53,029 $59,647
2015 $1,246 $110,985 $52,233 $58,752
2014 $1,220 $108,812 $51,210 $57,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81987028

MLSListings

APN: 006-011-004-000