218 4th ST, Pacific Grove, CA 93950

Property Description

Premium Income Potential Near Lover's Point - Coastal Charm! Nestled in the highly desirable heart of Pacific Grove, this exceptional property blends classic coastal charm with an unbeatable Peninsula lifestyle. Rich in architectural details, the main residence features 3 bedrooms and 2 bathrooms, showcasing stained-glass windows, hardwood floors, high ceilings, and natural light with large windows that frame sweeping views of the Pacific Ocean while creating a sanctuary for relaxed coastal living against a scenic backdrop. Adding immense value to this seaside gem is a completely detached, separate Accessory Dwelling Unit (ADU). Located in a premier, high-demand rental destination, this secondary unit offers incredible versatility. It serves as a fantastic opportunity for an investor seeking strong revenue-generating features, or an owner-user looking for a private guest suite or a reliable source of supplemental income potential. Properties offering this combination of ocean views, neighborhood character, and flexible layout options are a rare find on the Peninsula. Live in one, rent the other, so many choices! Location is everything! Moments from iconic Lover's Point, restaurants, Carmel, Pebble Beach, golf, and scenic coastal hiking trails. Welcome to your sanctuary.