114 Carmel Avenue Pacific Grove, CA ^$ 2,195,000

114 Carmel Avenue

^$ 2,195,000

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Recently Listed

114 Carmel Avenue

Pacific Grove, CA, 93950

^$ 2,195,000

Studio Baths0.0 Sq 2,653

Monthly Estimate*

^$ 13,515

Listed by Sotheby's International Realty

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Studio

Multi-Family Home for sale in Pacific Grove, CA

for $2,195,000. This 2,653 square foot home was built in 1930 on a lot size of 0.062.

Forever Ocean Views across Monterey Bay. The Admiral Trilley home offers a rare opportunity to own a piece of the rich history of Pacific Grove. Once referred to as part of Shoremeet Lodge it was enjoyed by the Trilley family much as it can be today. Literally steps to the Recreation Trail offering views of some of the most beautiful coastline in the world. Take a stroll to Lovers Point, the Monterey Bay Aquarium, fine and casual dining, weekly local Farmers Market and quaint shops where the owners will know you by name. All the benefits of PG history without the restraints of the Historical Registry . Currently there are 3 units, 1 offers a large 3 bedroom, 2 bath owners unit with spectacular views, plus 2 additional 1 bedroom units or the possibility of restoration to a lovely single family home. Truly a rare find.

Multi-Family Active

Price

^$ 2,195,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 8,409

Style

Lot Size

0.062

Year Built

1930

Town/City

Pacific Grove

County/Region

Monterey

MLS | Web ID

ML82051557

Days on Market

Features

General

Living Area 2653

Sewer Public Sewer

Cooling None

Possession Close Plus 3 Days

Roof Composition

Appliances Refrigerator

Zoning R-1

Garage Spaces 0

Year Built 1930

View Bay City Lights Ocean

Property Subtype Triplex

Accessibility None

County Monterey

Insurance Expense 2000

Property Type Residential Income

HOA false

MaintenanceExpense 2400

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Cross Street: Central

City Pacific Grove

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 2700

Carport Spaces 0

Tax Annual Amount 8409

Trash Expense 1200

Standard Status Active

Year Built Source Assessor

Property Sub Type Additional Triplex

Cap Rate 2.01

Interior

Interior Amenities Loft

Flooring Carpet Wood

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 0

Lot Size Area 2700

Foundation Details Concrete Perimeter

Number of Buildings 1

Building Area Total 2653

Lot Size Acres 0.062

Lot Size Source Assessor

* Excluded Features

List By

Sotheby's International Realty

Broker

joe.gallagher@sothebyshomes.com

Affordability Calculator

$14,216

Per Month

Monthly Principal & Interest: $13,515
Monthly Property Taxes: $701
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Pacific Grove, CA

Average List Price ^$2,005,400

Percent of Sale Price 9%

About Pacific Grove, CA

15,651 Population

1% Since 2002

^$83,727 Median Income

48.11 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/18/2026	$2,195,000		Listed Price

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114 Carmel Avenue, Pacific Grove, CA, 93950 is a Multi-Family Home for sale at $2,195,000 with 2,653 sqft and a lot size of 0.062. 114 Carmel Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 93950 which is in Pacific Grove, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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114 Carmel Avenue

Multi-Family Home for sale in Pacific Grove, CA

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