NOT LISTED FOR SALE

520 Lighthouse Ave Unit 302 Pacific Grove, CA 93950

Estimated Value: $2,745,664 - $3,707,000

3 Beds
2.5 Baths
2,200 Sq Ft
$665/mo HOA Fee

Last Sold December 03, 2024

Last sale price $3,200,000 $1,455 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $17,340/month

81 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Balcony
  • Robert Down Elementary School Rated A
  • Corner Lot
  • 5-minute walk to Jewell Park

About This Home

As of December 2024

Experience modern living in historic downtown Pacific Grove at 520 Lighthouse. This exclusive condominium residence offers a sophisticated design that seamlessly blends contemporary elements with timeless elegance, showcasing the area's unique charm. With only ten newly constructed units, this sought-after location provides a rare opportunity to call it home. Step inside this single-level residence to find an exquisitely appointed space with three bedrooms, 2.5 baths, European-style cabinets, and high-quality finishes. Abundant natural light fills the open floorplan, while custom design elements add a personal touch. The building features an elevator, underground parking, and private storage. Enjoy shops, restaurants, and the beautiful coastline steps away. A private balcony offers a serene retreat with dowtown views 520 Lighthouse is the epitome of modern elegance in the heart of Pacific Grove. Take advantage of the opportunity to be one of the fortunate few to call this location home.

Last Agent to Sell the Property

The Debby Beck Group

Platinum One Real Estate License #70010203 Listed on: 08/21/2024

Platinum One Real Estate

Last Buyer's Agent

Canning Properties

Sotheby’s International Realty License #70010029

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $665 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Lighted Parking
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Reinforced Concrete Foundation
  • Ceiling Insulation
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Utilities

  • Heat Pump System
  • Separate Meters
  • Individual Gas Meter
  • Tankless Water Heater

Additional Features

  • Energy-Efficient Insulation
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 006-178-019-000

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, management fee, reserves, roof, sewer
  • Terra Vista Association

Security

  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$665 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Structure Sq Ft: 2200
  • Construction: Completed-Never Occupied, New Construction
  • Incorporated: Yes
  • Year Built: 2023
  • Zoning Description: C-D
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Dishwasher, Island, Microwave, Refrigerator
  • Living Sq Ft: 2200
  • Stories: 1
  • Security: Controlled / Secured Access, Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking
  • Laundry: In Utility Room
  • Flooring: Tile, Wood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower and Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Reinforced Concrete
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces, Covered Parking, Electric Car Hookup, Electric Gate, Gate / Door Opener, Lighted Parking Area, Off-Street Parking, Underground Parking
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Heating System: Heat Pump
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 665
  • HOA Documents: CC&RS, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Reserves, Roof, Sewer
  • H O A Name Text: Terra Vista
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Lot Info

  • Parcel Number: 006-178-019-000

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Insulation - Per Owner, Low Flow Toilet, Tankless Water Heater

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Corner Unit

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Nov 18, 2024
Sold by
520 Lighthouse Corporation
Bought by
Novelli Robert G and Novelli Marguerite M
Seller's Agent
The Debby Beck Group
Platinum One Real Estate
Buyer's Agent
Canning Properties
Sotheby’s International Realty
List Price
$3,335,000
Sold Price
$3,200,000
Premium/Discount to List
-$135,000
-4.05%
Views
13
Current Estimated Value
$3,179,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,584
Avg. Annual Appreciation
-0.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Novelli Robert G $3,200,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $3,200,000 -4.0% $1,455 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $3,335,000 -- $1,516 / Sq Ft
Source: MLSListings

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 $1,977 $2,444,569 $562,251 $1,882,318
2024 $1,977 $182,575 $182,575 --
2023 $1,992 $178,996 $178,996 --
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    The Debby Beck Group

    Platinum One Real Estate

    Section Image

  • C

    Buyer's Agent in 2024

    Canning Properties

    Sotheby’s International Realty

    (831) 238-5535

    14 in this area

    199 Total Sales

    Canning Properties
    Section Image
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Map

Source: MLSListings

MLS Number: ML81977530

MLSListings

APN: 006-178-019-000

California Monterey County Pacific Grove 93950

520 Lighthouse Ave Unit 302, Pacific Grove, CA

Not Listed for Sale

Condos

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