tomo logo

$1,998,000

Beds
2
Baths
2.5
sq ft
2,559

542 Lighthouse Ave Unit 203, Pacific Grove, CA 93950

542 Lighthouse Ave Unit 203

Pacific Grove, CA 93950

  • 23 days on market
    • Open house Nov 22
From city lights to ocean azure, this second-floor luxury condominium in downtown Pacific Grove offers the best of both views! Just a short stroll from Lovers Point, the iconic Holman Building once beloved by John Steinbeck sits only two blocks up from the Pacific Ocean. This unit boasts an open floor plan with 2 bedrooms, 2.5 bathrooms, an office/bonus room, and expansive windows that bathe each space in brilliant light and capture the small-town delights of this enchanted destination. Staring out at the lush outline of the hillside rising above the movie theater, there can be no mistaking where you are. From your dining area, witness distant cresting waves while enjoying a meal you prepared with top-of-the-line stainless steel appliances. Cityscape impressions continue in both of the spacious bedrooms, each with its own ensuite bathroom. The position of this unit within the building gives it its own private entrance and ensures the arrival of the new hotel will pose no threat to your views. What you see is what you get, and what you see is impressive beyond measure, both inside and out. Enjoy the onsite gym, theater, and underground parking, as well as easy access to trails, shops, restaurants, world-class golf, and every other amenity of life on our sublime coast.

Details

Property type

Condominium

Est. home value

$2,408,968

Lot size

Unknown

Price per sq ft

$781

Year built

2019

HOA fee

$1,377

Price History

10/29/2024
BridgeMLS

BridgeMLS #ML81985184

Listed
$1,998,000
09/20/2024
BridgeMLS

BridgeMLS #ML81960454

Removed
$1,998,000
06/12/2024
BridgeMLS

BridgeMLS #ML81960454

Price change
$1,998,000
-6.98%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Pacific Grove Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,217,734
Asking price
$1,998,000
Closing costs (~8% of asking)
-$159,840
Est. remaining loan balance
-$620,426
Cash to seller
$1,217,734

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

December 2021

Original loan amount

$660,000

Est. remaining balance

$620,426

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Mark Richards and Ivy Ellen Richards

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/21/2024 at 6:05 PM

Listing updated: 11/19/2024 at 1:25 PM

Listed by: The Ruiz Group, Keller Williams Realty Phone #: (831) 277-8712

MLS: BridgeMLS #ML81985184

BridgeMLS logo

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