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$2,488,686Estimated home value

Beds
2
Baths
2.5
sq ft
2,014

542 Lighthouse Ave Unit 301, Pacific Grove, CA 93950

542 Lighthouse Ave Unit 301

Pacific Grove, CA 93950

  • Off market
    • Price drop $100,000↓
Welcome to this state-of-the-art condominium on the third floor of The Holman in downtown Pacific Grove. With an open-concept layout and soaring ceilings, this prime residence instantly captivates visitors with staggering ocean views and luxury custom finishes throughout. Pass a laundry room, a half bathroom, and an open office space on your way to an impressive kitchen featuring a walk-in pantry, a waterfall island, pristine white cabinetry, and high-end stainless-steel appliances. Sip coffee at the breakfast bar, your eye following the sailboats as they glide leisurely through Monterey Bay. At the far end of the unit, a towering wall of windows insulates the living room, granting access to an oversized balcony from which to feel even more immersed in the enchanting sights and sounds of the Monterey Peninsula. Two spacious bedrooms are on opposite sides of the main living area, ensuring privacy and granting additional panoramic views of the Pacific Ocean through massive windows. Each bedroom has its own en suite bathroom with a walk-in shower. Living on Lighthouse Avenue in a historic building, you are truly just steps from fine restaurants, art galleries, specialty shops, a movie theater, a library, multiple parks, and so much more awaiting discovery. Come make it all yours.

Details

Property type

Condominium

Est. home value

$2,488,686

Lot size

Unknown

Price per sq ft

$1,289

Year built

2019

Monthly HOA fee

$1,233

Price History

09/17/2024
BridgeMLS

BridgeMLS #ML81970417

Removed
$2,595,000
07/24/2024
BridgeMLS

BridgeMLS #ML81970417

Price change
$2,595,000
-3.71%
06/20/2024
BridgeMLS

BridgeMLS #ML81970417

Listed
$2,695,000
+38.28%

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

$1,937,602
Asking price
$2,595,000
Closing costs (~8% of asking)
-$207,600
Est. remaining loan balance
-$449,798
Cash to seller
$1,937,602

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2019

Original loan amount

$500,000

Est. remaining balance

$449,798

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Aldena Sala and Aldena Sala Living Trust

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 4:55 PM

Listing updated: 09/16/2024 at 5:41 AM

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

MLS: BridgeMLS #ML81970417

BridgeMLS logo

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