218 4th St Pacific Grove, CA 93950
Estimated payment $11,697/month
Highlights
- Ocean View
- Two Way Fireplace
- Main Floor Bedroom
- Robert Down Elementary School Rated A
- Wood Flooring
- Victorian Architecture
About This Home
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.
Home Details
Home Type
- Single Family
Year Built
- Built in 1912
Lot Details
- 4,500 Sq Ft Lot
- South Facing Home
- Wood Fence
- Lot Sloped Down
Property Views
- Ocean
- Bay
- Skyline
- Hills
Home Design
- Victorian Architecture
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,403 Sq Ft Home
- 2-Story Property
- High Ceiling
- Skylights
- Two Way Fireplace
- Fireplace With Gas Starter
- Double Pane Windows
- Living Room with Fireplace
- Combination Dining and Living Room
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Gas Oven
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 3 Full Bathrooms
- Low Flow Toliet
- Bathtub with Shower
- Walk-in Shower
Parking
- 2 Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Shed
Additional Features
- Accessory Dwelling Unit (ADU)
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 006-254-004-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $17,922 | $1,632,000 | $918,000 | $714,000 |
| 2024 | $17,058 | $1,600,000 | $900,000 | $700,000 |
| 2023 | $16,126 | $1,600,000 | $900,000 | $700,000 |
| 2022 | $15,797 | $1,441,762 | $824,453 | $617,309 |
| 2021 | $15,716 | $1,413,493 | $808,288 | $605,205 |
| 2020 | $15,399 | $1,399,000 | $800,000 | $599,000 |
| 2019 | $15,758 | $1,443,034 | $832,320 | $610,714 |
| 2018 | $15,443 | $1,414,740 | $816,000 | $598,740 |
| 2017 | $15,192 | $1,387,000 | $800,000 | $587,000 |
| 2016 | $13,531 | $1,214,000 | $530,000 | $684,000 |
| 2015 | $8,275 | $742,000 | $324,000 | $418,000 |
| 2014 | $7,831 | $703,000 | $307,000 | $396,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/23/2026 05/23/26 | For Sale | $1,899,999 | +18.7% | $1,354 / Sq Ft | |
| 08/09/2023 08/09/23 | Sold | $1,600,000 | -8.6% | $1,140 / Sq Ft | View Prior Sale |
| 07/15/2023 07/15/23 | Pending | -- | -- | -- | |
| 06/06/2023 06/06/23 | Price Changed | $1,750,000 | -5.4% | $1,247 / Sq Ft | |
| 05/24/2023 05/24/23 | Price Changed | $1,850,000 | -2.6% | $1,319 / Sq Ft | |
| 04/09/2023 04/09/23 | For Sale | $1,900,000 | 0.0% | $1,354 / Sq Ft | |
| 03/26/2023 03/26/23 | Pending | -- | -- | -- | |
| 03/21/2023 03/21/23 | For Sale | $1,900,000 | -- | $1,354 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,600,000 | Chicago Title | |
| Warranty Deed | $1,399,000 | Chicago Title Company | |
| Grant Deed | $1,387,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $250,000 | Old Republic Title Company | |
| Gift Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $1,109,600 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $962,500 | New Conventional | |
| Previous Owner | $200,000 | No Value Available | |
| Closed | $25,000 | No Value Available |
Source: MLSListings
MLS Number: ML82048401
APN: 006-254-004-000
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Ask me questions while you tour the home.