What is 281 Pine Ave estimated to be worth?

Trulia's estimated value for 281 Pine Ave in Pacific Grove, CA is $1,462,400 .

What is the price history for 281 Pine Ave?

281 Pine Ave in Pacific Grove, CA last sold for $1,150,000 in June 2021.

Is Pacific Grove a buyer's or seller's market?

Pacific Grove is currently a balanced market, based on recent for-sale activity.

What are the closest schools to 281 Pine Ave?

The closest schools to 281 Pine Ave in Pacific Grove, CA are Pacific Grove High School (rated 10/10), Pacific Grove Middle School (rated 9/10), Robert Down Elementary School (rated 8/10).

OFF MARKET

281 Pine Ave
Pacific Grove, CA 93950

Fourth Addition

3 Beds
2 Baths
1,381 sqft

$1,462,400

Trulia Estimate

as of Aug 24, 2026

Est. Refi. Payment $8,865/mo*

Refinance Your Home

$1,462,400

Trulia Estimate

as of Aug 24, 2026

Est. Refi. Payment $8,865/mo*

Refinance Your Home

3 Beds

2 Baths

1,381 sqft

Home Value

Trulia Estimate

$1.46M

Since last month

$32K (+2.3%)

Since last year

$74K (+5.3%)

Since last sale

$315K (+27.4%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +77% in the last 10 years

Month	Estimated value
2026
August 2026	$1.46M
July 2026	$1.43M
June 2026	$1.5M
May 2026	$1.5M
April 2026	$1.49M
March 2026	$1.49M
February 2026	$1.51M
January 2026	$1.44M
2025
December 2025	$1.41M
November 2025	$1.37M
October 2025	$1.39M
2023
July 2023	$1.5M
June 2023	$1.42M
May 2023	$1.45M
April 2023	$1.43M
March 2023	$1.42M
February 2023	$1.37M
January 2023	$1.36M
2022
December 2022	$1.36M
November 2022	$1.39M
October 2022	$1.41M
September 2022	$1.4M
August 2022	$1.37M
July 2022	$1.38M
June 2022	$1.36M
May 2022	$1.37M
April 2022	$1.36M
March 2022	$1.37M
February 2022	$1.36M
January 2022	$1.32M
2021
December 2021	$1.3M
November 2021	$1.29M
October 2021	$1.29M
September 2021	$1.28M
August 2021	$1.27M
July 2021	$1.19M
June 2021	$1.09M
May 2021	$976K
April 2021	$948K
March 2021	$951K
February 2021	$925K
January 2021	$915K
2020
December 2020	$908K
November 2020	$901K
October 2020	$931K
September 2020	$922K
August 2020	$829K
July 2020	$872K
June 2020	$859K
May 2020	$870K
April 2020	$843K
March 2020	$853K
February 2020	$859K
January 2020	$840K
2019
December 2019	$832K
November 2019	$834K
October 2019	$852K
September 2019	$846K
August 2019	$866K
July 2019	$860K
June 2019	$890K
May 2019	$872K
April 2019	$879K
March 2019	$911K
February 2019	$909K
January 2019	$896K
2018
December 2018	$863K
November 2018	$876K
October 2018	$836K
September 2018	$827K
August 2018	$836K
July 2018	$837K
June 2018	$849K
May 2018	$875K
April 2018	$844K
March 2018	$842K
February 2018	$798K
January 2018	$787K
2017
December 2017	$793K
November 2017	$804K
October 2017	$806K
September 2017	$817K
August 2017	$786K
July 2017	$790K
June 2017	$790K
May 2017	$797K
April 2017	$799K
March 2017	$841K
February 2017	$863K
January 2017	$877K
2016
December 2016	$856K
November 2016	$842K
October 2016	$856K
September 2016	$838K
August 2016	$828K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
301 7th St, Pacific Grove, CA	0.09	Multi-Family Home	$1,200,000	07/20/26	4	2	1,680
700 David Ave, Monterey, CA	0.18	Multi-Family Home	$1,550,000	07/16/26	4	4	2,235
609 Congress Ave, Pacific Grove, CA	0.64	Multi-Family Home	$1,285,000	02/03/26	6	2	2,004
1113 McClellan Ave, Monterey, CA	0.56	Multi-Family Home	$1,400,000	05/13/26	6	3	2,204
160 Monterey Ave, Pacific Grove, CA	0.27	Multi-Family Home	$1,650,000	07/01/26	6	4	3,321
830 Parcel St, Monterey, CA	0.43	Multi-Family Home	$1,580,000	06/05/26	8	4	3,436
820 Cedar St, Pacific Grove, CA	0.88	Multi-Family Home	$1,360,000	11/14/25	2	1	1,584
206 Cypress Ave, Pacific Grove, CA	0.71	Multi-Family Home	$1,500,000	03/17/26	5	2	3,000
620-624 McClellan Ave, Monterey, CA	0.56	Multi-Family Home	$1,690,000	08/28/25	6	5	3,620
9 Marine St, Pacific Grove, CA	0.78	Multi-Family Home	$500,000	05/29/26	2	2	738

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
402 4th St, Pacific Grove, CA 93950	0.03	$2,969,000	4	3	2,399	Off Market
236 Spruce Ave, Pacific Grove, CA 93950	0.08	$1,856,200	4	3	2,035	Off Market
411 7th St, Pacific Grove, CA 93950	0.04	$1,039,000	4	2	1,630	Off Market
508 4th St, Pacific Grove, CA 93950	0.08	$1,630,000	2	2	1,209	Recently Sold
501 7th St, Pacific Grove, CA 93950	0.07	$1,357,500	2	2	942	Off Market
314 6th St, Pacific Grove, CA 93950	0.06	$1,579,400	4	2	1,101	Off Market
321 Pine Ave, Pacific Grove, CA 93950	0.06	$1,220,000	3	2	1,210	Recently Sold
515 7th St, Pacific Grove, CA 93950	0.11	$1,492,200	2	1	790	Off Market
306 6th St, Pacific Grove, CA 93950	0.08	$1,970,300	3	2.5	1,913	Off Market
421 Eardley Ave, Pacific Grove, CA 93950	0.13	$1,825,000	2	2	1,749	Recently Sold
514 7th St, Pacific Grove, CA 93950	0.12	$1,450,000	4	2	1,842	For Sale
316 1st St, Pacific Grove, CA 93950	0.13	$1,340,500	2	2	1,302	Off Market

Local Information

Map ViewExplore the area around 281 Pine Ave.
Schools1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Multi-Family

Year Built

1949

Living Area

1,381 sqft

Price/Sqft

$1,059

Parking

Garage

About this House

This multi-family home is located at 281 Pine Ave, Pacific Grove, CA. 281 Pine Ave is in the Fourth Addition neighborhood in Pacific Grove, CA and in ZIP code 93950. This property has 3 bedrooms, 2 bathrooms and approximately 1,381 sqft of floor space. This property has a lot size of 5700 sqft and was built in 1949.

281 Pine Ave, Pacific Grove, CA 93950 is a 3 bedroom, 2 bathroom, 1,381 sqft multi-family in Fourth Addition, built in 1949. It last sold for $1,150,000 on Jun 15, 2021. It is currently off market. The Trulia Estimate is $1,462,400, with a rent estimate of $4,002/month.

Home Details for 281 Pine Ave

Interior Features
Heating & Cooling Heating: WallHeating Fuel: Wall
Levels, Entrance, & Accessibility Stories: 1
Interior Details Number of Rooms: 10
Fireplace & Spa Fireplace

Property Information
Year Built Year Built: 1949Year Updated: 1949
Property Type / Style Property Type: Multi FamilyArchitecture: Other

Exterior Features
Parking & Garage GarageParking: Garage Detached

Community
Units in Building: 2

Lot Information
Lot Area: 5700 sqft

Price and Tax history

Date	Event	Price
Jun 15, 2021 Source: N/A	Sold	$1,150,000

Year	Property tax	Tax assessment
2026	Unavailable	$1,353,038

Additional Cost

Market trends in Pacific Grove

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

1MoM

Around this home

Robert Down Elementary School
K-5
Public
422 Students
Pacific Grove Unified School District
8/10
GreatSchools Rating
Parent Rating Average
Robert Down is an excellent school. The children in my son’s class are kind, considerate and love to learn. The teachers have been amazing and supportive. Having gone to private school in the area, this public school is the closest you will get to private school. My child is excelling in every way. If there was one thing I’d change it would be the teacher to student ratio but the staff, principal and parent community are stellar.
Parent Review
11mo ago
28 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Fourth Addition

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Neighborhood stats provided by third party data sources.

What Locals Say about Fourth Addition

Jeannie F.
15y ago
"Pacific Grove is close to everything on the Peninsula, yet has it's own character and feel. I used to live here and still live in Pebble Beach. I do all my shopping in Pacific Grove, most of my friends live here and I love the rec trail for walking and exercise. Who wouldn't love walking on a path along the ocean from Lover's Point into Fisherman's Wharf, have a little breakfast in Monterey and then a leisurly stroll home? Make some friends along the way. Lots of great restaurants, a movie theater, shopping and nature."
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Frequently asked questions about 281 Pine Ave

What is 281 Pine Ave estimated to be worth?
Trulia's estimated value for 281 Pine Ave in Pacific Grove, CA is $1,462,400.
What is the price history for 281 Pine Ave?
281 Pine Ave in Pacific Grove, CA last sold for $1,150,000 in June 2021.
Is Pacific Grove a buyer's or seller's market?
Pacific Grove is currently a balanced market, based on recent for-sale activity.
What are the closest schools to 281 Pine Ave?
The closest schools to 281 Pine Ave in Pacific Grove, CA are Pacific Grove High School (rated 10/10), Pacific Grove Middle School (rated 9/10), Robert Down Elementary School (rated 8/10).