Duplex-Style Income Property with Guest
For Sale
$2,299,000
494 GROVE ACRE AVE, Pacific Grove, CA 93950
Duplex-style income property with updated interiors, expansive windows, and a detached guest home with its own entrance and kitchen.
Property Size2,423 SF
Days on Market154
Property Features for 494 GROVE ACRE AVE
General Information
Standard status
Active
Size
2,423 SF
Total Parking Spaces
2
Property subtype
MULTI_FAMILY
Building Details
Building Size
2,423 SF
Year Built
1928
Listing Agency:
CENTURY 21 Masters
Listed By:
Gina Hinds · License #01962087
(831) 233-2228
Source:
Carmelvalleyrealtycompany
Added: May 20
Changed: Oct 20
Last Checked: Oct 19 at 3:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Masters
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Investment Insights
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This duplex-style residential income property offers updated interiors and a practical, functional layout. The home features expansive windows for natural light, a primary suite, living room, family room, playroom, and a kitchen with a walk-in pantry. Additional conveniences include a two-car garage, mud room, and extra storage.
Set back from the street, the property is described as quiet and private. It is located just a few blocks from Asilomar Beach, with an approximate 15-minute walk to the ocean, beach trail, downtown restaurants, schools, and grocery stores, with 17-Mile Drive and Pebble Beach nearby.
A detached guest home with its own entrance and a full kitchen provides flexible use for visitors, extended stays, multigenerational living, or a more private setup when needed.
Set back from the street, the property is described as quiet and private. It is located just a few blocks from Asilomar Beach, with an approximate 15-minute walk to the ocean, beach trail, downtown restaurants, schools, and grocery stores, with 17-Mile Drive and Pebble Beach nearby.
A detached guest home with its own entrance and a full kitchen provides flexible use for visitors, extended stays, multigenerational living, or a more private setup when needed.
Key Highlights
- Built in 1928, set back from the street for a more private feel
- Most of the home has been updated with modern interiors and expansive windows for natural light
- Detached guest home with its own entrance and full kitchen for flexible use (visitors, extended stays, or multigenerational living)
Property Analytics
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Location Intelligence
Trade Area within ½ mile
534
Businesses Nearby
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Business Placement
Demographics for 93950, CA
15,082
Population
8,315
Households
1.8
Avg Household Size
49
Median Age
58%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
5,386
Density / Sq Mi
$105,568
Median Household Income
$62,185
Median Earnings
$2,384
Median Rent
$1,129,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex-style income property with updated interiors, expansive windows, and a detached guest home with its own entrance and kitchen.
Where is this duplex located?
The property is located at 494 GROVE ACRE AVE Pacific Grove, CA.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: Built in 1928, set back from the street for a more private feel; Most of the home has been updated with modern interiors and expansive windows for natural light; Detached guest home with its own entrance and full kitchen for flexible use (visitors, extended stays, or multigenerational living)
