$2,950,000 127 16th ST, Pacific Grove 3 bd · 4 ba · 3,127 sqft
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HomeHomes for SalePacific Grove › 127 16th ST
54 photos · MLS data verified May 15, 2026 · Updated every 15 min
$2,950,000 Active
3 Beds·4 Baths·3,127 sqft·3,600 sqft lot·Built 1989
127 16th ST, Pacific Grove, CA 93950
Listed 213 days ago · October 14, 2025  |  MLS# ML82024503
$943/sqft -24% vs Pacific Grove avg
What this means: Priced below the Pacific Grove per-sqft average. Compare to recent sales below for context.
Est. $18,642/moP&I $15,307 · Tax $3,073 · Insurance $262 · HOA $0Assumes 20% down ($590,000) at 6.75% · Get personalized estimate
Is This A Good Fit?
✓ Good fit if…
You're looking for a home in Pacific Grove at this size, beds, and bath count, and the asking price aligns with your search range.
✕ Not ideal if…
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Based on recent comparable sales in 93950 and Pacific Grove market data. Not a guarantee of investment outcome.
Price Position in Pacific Grove
Median $1.6M
Above typical range
$898K$2.7M
27Active in Pacific Grove
26Active in 93950
33Avg DOM
$1,249Avg $/SqFt
98.7%Sale-to-List
3.0 moInventory
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Why This Home Stands Out

📍
Pacific Grove Location
Active listing in Pacific Grove, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
3 Bed / 4 Bath / 3,127 sqft on 3,600 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $3.0M vs City Median $1.6M
$943/sqft compared to Pacific Grove avg $1,249/sqft (-24.5%).
Best fit forActive BuyersPacific Grove SearchersMove-Up / Move-In

About This Home

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.
MLSListings IDX
Listing courtesy of Sotheby’s International Realty · J.R. Rouse Properties Group
MLS# ML82024503 · Data from MLSListings Inc.
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Property Details

Property Type
Single Family Residence
Year Built
1989
Bedrooms
3
Bathrooms
4 Full
Living Area
3,127 sqft
Lot Size
3,600 sqft
Garage
2 Spaces
Price/sqft
$943
County
Monterey
MLS Number
ML82024503
Status
Active
Stories
N/A
HOA
None

Interior Features

CentralForcedAir_Gas

Exterior & Lot

Composition, Mansard Roof2-Car Garage0.08 Acres

Location

This HomeActivePendingSold
127 16th ST, Pacific Grove, CA 93950 · Monterey County

Market Context

Price Positioning
$ Price context: Listed at $943/sqft vs Pacific Grove avg $1,249/sqft (24.5% below).
$ Sale-to-list: Pacific Grove homes selling at 98.7% of asking.
Velocity: City avg 33 days. This home: 213 days.
🏠 Inventory: 9 3-bedroom homes currently available in Pacific Grove.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy Alston
Broker · 15 years in Pacific Grove

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Market Snapshot

$1,599,000Median Price+35.9% vs Last Year
33Avg DOM-2.9 days vs Last Year
27Active Listings+125.0% vs Last Year
98.7%Sale-to-List-1.8% vs Last Year
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"Timothy showed us a home 4 hours after it hit the MLS. We toured that evening, offered by 9pm, and were in contract by Friday. Two other offers came in Saturday morning."
The Patel Family, Pacific Grove
Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593Timothy@AegisHomesRE.com
For Homeowners

What would your Pacific Grove home sell for today?

Homes in Pacific Grove are selling at 98.7% of asking in 33 days.

98.7%Sale-to-List
33Avg Days
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More in Pacific Grove

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311 Lighthouse$1,700,0004bd/2ba/1,836sf
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This 3,127 square foot single-family home at 127 16th ST in Pacific Grove features 3 bedrooms and 4 bathrooms. Listed at $2,950,000, this CentralAveDowntown property reflects the current pricing trends for 3-bedroom homes in the 93950 zip code.

3-Bedroom Homes for Sale in Pacific Grove 93950

Browse 3-bedroom single-family home listings in the CentralAveDowntown area of Pacific Grove. Properties in 93950 are currently averaging $1,249 per square foot with 33 days on market.

What to Expect When Buying in CentralAveDowntown

The CentralAveDowntown market in Pacific Grove features a mix of single-family home properties ranging from starter homes to luxury estates. Current inventory levels suggest moderate conditions for buyers in this area.

Recently Sold in Pacific Grove

Closed within 6 months · 3 bed / similar sqft · Pacific Grove 93950

683 Ocean View BLVD
Sold $3,150,000
3 bd · 2 ba · 1,124 sqft
$2,802/sqft · 7.4% below list
Closed May 14, 2026
MLSListings IDXSotheby’s International Realty
743 Bayview AVE
Sold $2,330,000
3 bd · 2 ba · 1,576 sqft
$1,478/sqft · 2.4% below list
Closed May 11, 2026
MLSListings IDXOver the Moon Realty, Inc
765 Gibson AVE
Sold $2,358,000
3 bd · 2 ba · 2,049 sqft
$1,150/sqft · 1.5% below list
Closed Apr 29, 2026
MLSListings IDXReal Brokerage Technologies
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In the past 90 days, 9 homes sold in Pacific Grove at an average of $1,599,000. The average sale closed at 98.7% of asking price.

9Sold (90 Days)
$1,599,000Average Price
98.7%Sale-to-List
Timothy
What happens when the right home lists and you find out 6 hours later?
In Pacific Grove, Data pending new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
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Nearby Pacific Grove Homes for Sale View All 26 →

Similar 3-Bedroom Homes in Pacific Grove View All 9 →

3 bed · $2.2M-$3.7M · Active in Pacific Grove

Nearby Open Houses See All →

Pacific Grove Market Overview Full Stats →

$1,717,000Avg Sale Price+35.9% vs Last Year
33Avg DOM-2.9% vs Last Year
27Active Listings
98.7%Sale-to-List
$1,249Price/sqft
3.0Months Inventory
9Closed (Last Mo)
Data pendingNew Listings/Mo
Source: MLSListings Inc. · May 2026

Frequently Asked Questions

Listed at $2,950,000 ($943/sqft). Pacific Grove avg is $1,249/sqft, placing this 24.5% below. Comparable recent sales help frame the value.
Listed 213 days (as of October 14, 2025). Pacific Grove average is 33 days.
Est. $18,642/mo with 20% down ($590,000) at 6.75%. Includes principal & interest ($15,307), property tax ($3,073), and insurance ($262). HOA: None.
There are 27 active listings in Pacific Grove (9 are 3-bedroom). At $2,950,000 this is positioned against the city median of $1,599,000. Similar homes have sold at 98.7% of asking.
3-bedroom homes in Pacific Grove (93950) are currently averaging $1,249 per square foot. Market activity shows homes spending an average of 33 days on market in this area.
127 16th ST in Pacific Grove is currently listed at $2,950,000. This 3-bedroom, 4-bathroom single-family home is located in the CentralAveDowntown area.

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MLSListings
Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of the date shown. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino, CA 95014. (408) 207-4593.
Last updated: May 15, 2026 at 3:03 PM PT | Data reflects May 2026 MLS statistics
Aegis Luxury Real Estate
Timothy Alston · Broker · DRE #01328224
10080 N. Wolfe Rd, Ste SW3-200 · Cupertino, CA 95014
(408) 207-4593 · Timothy@AegisHomesRE.com
Equal Housing Opportunity. Data deemed reliable but not guaranteed. © 2026 Aegis Luxury Real Estate.
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