$1,700,000
SOLD APR 3, 2025

687 & 689 Mermaid Ave Pacific Grove, CA 93950

2 Beds
1 Bath
884 Sq Ft
1,298 Sq Ft Lot

Recently Sold

$1,923 Per Sq Ft

15% Above List Price

4 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Bathroom on Main Level
  • Robert Down Elementary School Rated A
  • Cottage
  • Combination Dining and Living Room

About This Home

As of April 2025

Charming Pacific Grove Retreat with Stunning Ocean Views. Nestled on the picturesque, one-way Mermaid Ave in Pacific Grove, this rare multi-lot property (not dividable per City planning), offers an exceptional coastal living experience. Comprising three lots of record and two APNs (006-085-001, 006-085-002), this unique offering features two separate two-story single-family homes, each boasting 2 bedrooms, 1 bathroom, and breathtaking white-water ocean and bay views. Wake up to the soothing sounds of the waves and enjoy panoramic vistas from your private sanctuary. Whether you're looking for a primary residence, vacation retreat, or investment opportunity, this property provides endless possibilities. The prime location offers easy access to the area's renowned coastline, scenic walking trails, charming downtown Pacific Grove, and world-class golf at Pebble Beach. Multiple offers received. Backup offers will be considered.

Last Agent to Sell the Property

J.R. Rouse

Sotheby’s International Realty License #01299649 Listed on: 03/13/2025

Sotheby’s International Realty

Co-Listed By

Matthew Velasquez

Sotheby’s International Realty License #01968946

Last Buyer's Agent

J.R. Rouse

Sotheby’s International Realty License #01299649 Listed on: 03/13/2025

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 1,298 Sq Ft Lot
  • Mostly Level
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Off-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Cottage
  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 884 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Kitchen

  • Gas Oven
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Vented Exhaust Fan
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 006-085-002-000

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage
  • Age: 103
  • Listing Class: Residential
  • Structure Sq Ft: 884
  • Year Built: 1922
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Exhaust Fan, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 884
  • Stories: 2
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum, Wood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • View: Bay, Ocean, Water
  • Construction Type: Shingle, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Gas, Stove Heater
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 006-085-002-000
  • Lot Acres: 0.0298
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1300.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pacific Grove Unified

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $1,700,000 +14.6% $1,923 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $1,484,000 -- $1,679 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J.R. Rouse

    Seller's Agent in 2025

    J.R. Rouse

    Sotheby’s International Realty

    (831) 318-3808

    25 in this area

    50 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2025

    Matthew Velasquez

    Sotheby’s International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81997704

MLSListings
California Monterey County Pacific Grove 93950

687 & 689 Mermaid Ave, Pacific Grove, CA

This home is located at 687 & 689 Mermaid Ave, Pacific Grove, CA 93950 and is currently priced at $1,700,000, approximately $1,923 per square foot. This property was built in 1922. 687 & 689 Mermaid Ave 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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