NOT LISTED FOR SALE

542 Lighthouse Ave Unit 302 Pacific Grove, CA 93950

Estimated Value: $2,722,754 - $2,924,000

2 Beds
2.5 Baths
2,250 Sq Ft
2019 Built

Last Sold May 30, 2024

Last sale price $2,900,000 $1,289 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $17,757/month

54 Days on Market

Highlights

  • 1 Fireplace
  • Open to Family Room
  • Dining Room
  • Robert Down Elementary School Rated A
  • Forced Air Heating System
  • 3-minute walk to Jewell Park

About This Home

As of May 2024

Prepare to be dazzled by the crème de la crème of luxury condominiums. A luminous corner unit with sky-high ceilings and walls of windows granting jaw-dropping views of the ocean and the city of Pacific Grove, this property resides within the famous Holman Building on Lighthouse Avenue. Savor the rare privilege of living inside a gorgeously renovated local landmark in the heart of downtown Pacific Grove. Living here means being a neighbor to your favorite restaurants, galleries, shops and hot spots, including a movie theater, a library, and multiple parks. The property itself is a masterwork of modern refinement, with buttery hardwood flooring, a radiant palette, and custom finishes in every room. The brilliantly conceived layout guides you on a climactic journey starting at the front entry, progressing down a hallway past two generous bedrooms, and culminating in the core of the property: a vast, open concept living room and kitchen with views you simply will not find anywhere else. At night, the space pulsates with the cosmopolitan flair of city lights. Step from either the living room or primary bedroom onto a private balcony, drawing in the heady night air and listening to the eternal roar of the sea beyond. Welcome to utter bliss on the inimitable Monterey Peninsula.

Last Agent to Sell the Property

Pete Ruiz

Keller Williams, Inc. License #70010112 Listed on: 03/19/2024

Keller Williams, Inc.

Last Buyer's Agent

Pete Ruiz

Keller Williams, Inc. License #70010112 Listed on: 03/19/2024

Keller Williams, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,682

Year Built

  • Built in 2019

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • 1 Fireplace
  • Dining Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, insurance - earthquake, insurance - structure, maintenance - exterior, roof, sewer, water
  • 25 Units
  • Holman Building Residential Association
  • Built by Holman Building

Listing and Financial Details

  • Assessor Parcel Number 006-179-025-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,682

Year Built

Built in 2019

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 5
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 25
  • Structure Sq Ft: 2250
  • Complex Name: Holman Building
  • Year Built: 2019
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 2250
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Polyurethane

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Common Parking Area

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1288
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Earthquake, Insurance - Structure, Maintenance - Exterior, Roof, Sewer, Water
  • H O A Name Text: Holman Building Residential Association
  • H O A Exist: Yes

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Parcel Number: 006-179-025-000

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 27, 2024
Sold by
Mast Family Living Trust and Mast Terrance E
Bought by
Mccandless Jeffrey and Mccandless April
Seller's Agent
Pete Ruiz
Keller Williams, Inc.
Buyer's Agent
Pete Ruiz
Keller Williams, Inc.
List Price
$3,150,000
Sold Price
$2,900,000
Premium/Discount to List
-$250,000
-7.94%
Views
33
Current Estimated Value
$2,819,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,415
Avg. Annual Appreciation
0.68%
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
Mccandless Jeffrey $2,900,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $2,900,000 -1.7% $1,289 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/01/2024 05/01/24 Price Changed $2,950,000 -6.3% $1,311 / Sq Ft
03/19/2024 03/19/24 For Sale $3,150,000 +40.1% $1,400 / Sq Ft
10/18/2019 10/18/19 Sold $2,249,000 0.0% $1,000 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $2,249,000 0.0% $1,000 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $2,249,000 -- $1,000 / 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 $25,682 $2,958,000 $1,530,000 $1,428,000
2024 $25,682 $2,900,000 $1,500,000 $1,400,000
2023 $25,887 $2,364,098 $1,261,413 $1,102,685
2022 $25,360 $2,317,744 $1,236,680 $1,081,064
2021 $25,231 $2,272,299 $1,212,432 $1,059,867
2020 $24,722 $2,249,000 $1,200,000 $1,049,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81958127

MLSListings

APN: 006-179-025-000