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.
Property Details
Price:
$1,899,999
MLS #:
ML82048401
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
May 23, 2026
Finished Sq Ft:
1,403
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1912
See this Listing
Schools
School District:
Other
Interior
Appliances
DW, GD, RF, GO
Bathrooms
3 Full Bathrooms
Cooling
NO
Flooring
TILE, WOOD
Heating
CF
Exterior
Accessibility Features
NO
Architectural Style
VIC
Common Walls
NCW
Direction Faces
S
Fencing
WD
Parking Spots
2
Parking Total
2
Roof
CMP
View
BA, HI, OC
Window Features
SK
Financial
Map
Community
- Address218 4th ST Pacific Grove CA
- CityPacific Grove
- CountyMonterey
- Zip Code93950
Market Summary
Current real estate data for Single Family in Pacific Grove as of Jul 11, 2026
42
Single Family Listed
70
Avg DOM
1,157
Avg $ / SqFt
$2,171,095
Avg List Price
Property Summary
- 218 4th ST Pacific Grove CA is a Single Family for sale in Pacific Grove, CA, 93950. It is listed for $1,899,999 and features 4 beds, 3 baths, and has approximately 1,403 square feet of living space, and was originally constructed in 1912. The current price per square foot is $1,354. The average price per square foot for Single Family listings in Pacific Grove is $1,157. The average listing price for Single Family in Pacific Grove is $2,171,095.
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