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Your dream of someday owning a multi-unit oceanfront investment property on the fabled Monterey Peninsula is finally within reach. Seconds away from Lovers Point in Pacific Grove, just across the street from the lapping waves of Monterey Bay, this three-unit jewel needs some TLC inside, but promises an incomparable lifestyle in return. Enjoy mesmerizing views from two upstairs units and one ground floor unit. Whether you choose to live in one and rent the others, or capitalize on the income-producing potential of all three, you will delight in knowing you are the proud owner of something so many around the world covet -- for good reason! There is simply nothing like waking up to the sights and sounds of Pacific Grove. As you stand on your balcony with your coffee, watching the cyclists zoom past and the walkers stroll along the Monterey Bay Coastal Recreation Trail, you will appreciate what it means to live a truly healthy life. The two upstairs units feature vaulted ceilings and offer one bedroom and one bathroom each. The downstairs unit has a flexible layout, with three bedrooms and two bathrooms. There's potential to divide this unit into two units, each with ocean views. The exterior was recently painted, and the roof is only two years old! Make your "someday" happen today!
Listing agent: The Ruiz Group DRE #70010112 peteruiz@kw.com, Listing office: Keller Williams Realty
MLS data updated 10/25/2026, 6:51:56 PM PT
Source: CRMLS, MLS #: ML82006615
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 18, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,915,000Closed sale · Jun 18, 2025ZIP 93950 · Jun 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.