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127 16th Street — Pacific Grove — 3 Beds • 4 Baths • 3,127 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

OPEN APR 18 · 1PM – 3PM

+40 more

$2,950,000

181 DOM

$943/sqft3 bd4 ba3,127 sqft

Call

127 16th St Pacific Grove, CA 93950

3,600sqft lot

Pacific Grove home for sale. Price adjusted to $2,950,000 3/1/2026. Welcome home to 127 16th Street in Pacific Grove a grand Victorian-inspired residence ideally located in the heart of the Retreat neighborhood. Built new in 1989, this spacious home blends timeless style with modern comfort. Offering approximately 3,332+/- sq. ft., features 3 bedrooms, 4 baths, and an attached 2-car garage with a wine cellar/cooler area perfect for the enthusiast. Thoughtfully designed with two primary suites: one on the ground level, currently enjoyed as a lounge or guest retreat, and another privately set on the top floor as the crown jewel suite. The main living area on the second level welcomes gatherings and relaxation, with generous proportions and inviting natural light. Enjoy the character, craftsmanship, and coastal charm that make this Pacific Grove property a rare find just moments from the shoreline, shops, and vibrant downtown life.

MLS ML82024503

(831) 372-7700 (Office) 831-218-5738 (Cell) jr.rouse@sothebys.realty

Est. payment

$18,850/mo

Principal & interestTaxesInsurance

$14,917$3,073$860

Down %

Rate %

Years

Down payment: $590,000 · Total cost: $5,960,050

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$18,850/mo

Principal & interest: $14,917
Est. property tax: $3,073
Est. insurance: $860
Down payment: $590,000

Est. gross rent$12,292/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-6,558/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

Explore 3D Space

Opens interactive virtual tour

Price History

Event	Date	Price	Change
Listed	Oct 14, 2025	$3,550,000	—

Facts & Features

Transaction Data

▼Price Reduced from $3,550,000 (−$600,000)

Structure & Property

Year Built1989

Garage Spaces2

(831) 372-7700 (Office) 831-218-5738 (Cell) jr.rouse@sothebys.realty

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

127 16th Street, Pacific Grove, CA 93950

Get Directions

Nearby Schools

Heaven Sent Preschool

School0.3 mi★ 5

St Angela Preschool

School0.4 mi

Robert Down Elementary School

Elementary0.4 mi

Pacific Grove Middle School

Middle0.7 mi

Preschool Plus Pacific Grove

School0.7 mi

Pacific Grove High School

High0.9 mi

Nearby Gyms

Diversified Soft Tissue Therapy

Gym0.1 mi★ 4.9

Jazzercise Monterey Bay

Gym0.1 mi

Journey Through Motion

Gym0.1 mi★ 5

Tumble By The Sea

Gym0.1 mi★ 5

Nearby Shopping

Sunglass Hut

Mall1 mi★ 4.3

Monterey Canning Company

Mall1.1 mi★ 4.5

Fairway Shopping Center

Mall1.1 mi★ 4.3

Steinbeck Plaza

Mall1.1 mi★ 4.6

Nearby Restaurants

Passionfish

Fandango Restaurant

First Awakenings

il vecchio

Open Houses

2026-04-18 — 2026-04-18T13:00:00.000-07:00 to 2026-04-18T15:00:00.000-07:00

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127 16th St Pacific Grove, CA 93950

About this home

J.R. Rouse Proper...

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

J.R. Rouse Proper...

Sale & Tax History

No Recent Sales History

Location

Nearby Schools

Nearby Gyms

Nearby Shopping

Nearby Restaurants

Location

Nearby Amenities near 127 16th Street, Pacific Grove

Nearby Schools

Nearby Gyms & Fitness

Nearby Shopping

Nearby Restaurants & Dining

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

127 16th Street, Pacific Grove, CA 93950

About This Property

Property Photos

127 16th St Pacific Grove, CA 93950

About this home

J.R. Rouse Proper...

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

J.R. Rouse Proper...

Sale & Tax History

No Recent Sales History

Location

Nearby Schools

Nearby Gyms

Nearby Shopping

Nearby Restaurants

Location

Nearby Amenities near 127 16th Street, Pacific Grove

Nearby Schools

Nearby Gyms & Fitness

Nearby Shopping

Nearby Restaurants & Dining

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.