116 16th Street, Pacific Grove, CA 93950
Fourplex
Sold July 2026
Listing Agent: Lucie Campos (DRE #01345594) · Listing Office: Coldwell Banker Realty · Contact: (831) 626-2224 · Bought with: Nicolas Bokides · MLS #ML82046627 · Source: CRMLS
How this sale compares
116 16th Street sold for $2,639,000 in July 2026, at its full list price, after 29 days on the market. That works out to $641 per square foot on 4,120 square feet. Across 59 closed sales in 93950 over the last 12 months, the median sold price is $1,384,500 and the median is $1,063 per square foot, 66% above this sale's $641.
| Quarter | Closed sales in 93950 | Median sold price |
|---|---|---|
| Q1 2026 | 5 | $1,361,000 |
| Q2 2026 | 31 | $1,485,000 |
| Q3 2026 | 22 | $1,182,000 |
| Q4 2026 | 1 | $1,384,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Pacific Grove · Homes for sale in 93950
Description
In the heart of Pacific Grove sits a rare multi-unit opportunity. With just a short distance to Lovers Point Beach and blocks to restaurants, you are arguably in the perfect spot for all the best things PG has to offer. This four-unit property includes a penthouse with 3 bedrooms, 2 bathrooms, a private laundry, and a lovely deck with ocean views. The remaining three units each offer 2 bedrooms, 1 bathroom, and shared laundry area, along with peeks of bay from inside the units. Each unit also enjoys its own private garage. So come, live in your penthouse while generating income from the additional units and get your mortgage paid for, or jump on this amazing investment opportunity in Butterflytown USA.
Listing description from the July 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 116 16th Street
127 16th Street: Sold $2,710,000 · 3 bd · 4 ba · 3,127 sqft · Jul 2026 · 0.0 mi
Sotheby's International Realty | DRE #70010296
Buyer's agent: The Ruiz Group, Keller Williams Realty | DRE #70010112141 Caledonia Avenue: Sold $1,140,000 · 1 bd · 1 ba · 537 sqft · May 2026 · 0.1 mi
Carmel Realty Company | DRE #01706104
Buyer's agent: John Romley, Sotheby's International Realty | DRE #01966766542 Lighthouse 407: Sold $2,950,000 · 2 bd · 3 ba · 2,250 sqft · Aug 2026 · 0.2 mi
Keller Williams Realty | DRE #70010112
Buyer's agent: The Ruiz Group, Keller Williams Realty | DRE #70010112683 Ocean View Boulevard: Sold $3,150,000 · 3 bd · 2 ba · 1,124 sqft · May 2026 · 0.2 mi
Sotheby's International Realty | DRE #70010296
Buyer's agent: J.R. Rouse Proper..., Sotheby's International Realty | DRE #70010296700 Briggs Avenue 83: Sold $925,000 · 2 bd · 2 ba · 1,213 sqft · Aug 2026 · 0.2 mi
Over the Moon Realty, Inc | DRE #01795810
Buyer's agent: Amber Russell, Over the Moon Realty, Inc | DRE #01795810700 Briggs Avenue: Sold $754,000 · 2 bd · 2 ba · 1,250 sqft · Jun 2026 · 0.2 mi
Sotheby's International Realty | DRE #01335794
Buyer's agent: TruszkowskiFreedman, Engel & Volkers Carmel | DRE #70010222157 15th Street: Sold $1,848,000 · 3 bd · 3 ba · 2,105 sqft · May 2026 · 0.2 mi
eXp Realty of California Inc | DRE #70010200
Buyer's agent: Amber Russell Kerchner, Over the Moon Realty, Inc | DRE #01795810216 Park Street: Sold $1,035,000 · 1 bd · 1 ba · 717 sqft · May 2026 · 0.2 mi
Sotheby's International Realty | DRE #70010258
Buyer's agent: Jennifer Ronan, Over the Moon Realty, Inc | DRE #01909211
Closed sales reported in 93950, nearest first, last 12 months. All recent sales in Pacific Grove →