Pacific GrovePG, City of Homes July 20, 2026

Pacific Grove, City of Homes, #44: 189 Pine Avenue

189 Pine Avenue

Corner of Pine Avenue and Eardley Avenue
5 beds, 3 baths, 2,239 SF on a 10,200 SF lot
Built 1930
Last sold, 2023

 

Assessor's Map

 

 

This Spanish Revival cottage sits on a deep, wedge-shaped lot near the town’s eastern boundary, facing Monterey with an expansive, elevated bay view.

 

Outer wall

The approach

 

 

The house sits high on its lot, up a wide red staircase and behind a shaded portico with its recessed landing.

 

Front

 

That setback expands the landing, with enough room for a chair or two, and enough shelter to sit without exposure.

 

Entry arch with fleur-de-lis

 

The white arched supports frame the center bay cleanly, softening the geometry of the façade and contrasting with the steps below.

 

Lower staircase

 

 

The house is finished in smooth cream stucco with a red clay tile roof. Showcasing the view, a balanced row of windows stretch across the façade.

 

Right side of front

 

Three Things I Love About the House

1. Picture windows: Framing the Monterey outlook.

 

Entry side

 

2. Legal ADU: A permitted second unit offering built-in flexibility and income.

 

ADU

3. The swing: A simple, welcoming touch.

 

Front, angled

The swing

Pacific GrovePG, City of Homes July 20, 2026

Pacific Grove, City of Homes, #43: Mrs. H. M. Wynnham 1885

480 & 482 Laurel Avenue

Corner of Laurel Avenue and 13th Street
Duplex; 4 beds, 2 baths, 1,669 SF on a 3,614 SF lot
Built, 1959
Last sold, 1999

Assessor's Map

 

One side holds the historical marker and the other side holds the primary legal address, joined in a single attached building on one parcel.

 

Historic marker

Modern side

 

The exterior is stone-faced, with irregular pale masonry laid in broad surfaces across the walls and around the corner, and a dark roof sitting over the mass with a straightforward gable form.

 

Historic side

 

The same stone surface covers the mass around each corner, and the stone itself becomes the main thing you see from the street.

 

Shrub and stone

 

Shrubs cover the front wall, which opens selectively with narrow windows set into the stone.

 

Shrubs

 

The wall opens more fully on the downhill side, where the larger windows enjoy the unobstructed view:

 

Bay side

 

Behind the home, the hill descends toward Lighthouse Avenue, and the lot follows the grade. That drop leaves the rear windows and the upper terrace with a clear bay-facing outlook.

 

Bay facing

 

Three Things I Love About the Home

 

1. The stone facade: the house’s most distinctive and visible feature.

 

Shaded windows

 

2. The upper terrace: uses the grade to creates a perch over the hillside.

 

Bay side

 

3. The lower-level garage: avoids a garage-dominated front by pushing access downhill.

 

Garages

Buyer's Guide July 17, 2026

Should I waive contingencies?

Waiving contingencies can strengthen your offer but increases your risk. This needs to be a deliberate decision.

What contingencies are common?

Inspection, appraisal, and loan contingencies.

Why do buyers waive them?

To compete in multiple-offer situations.

What is the risk?

You may lose your deposit or be forced to proceed despite issues.

When is it safer to waive?

When you have strong financial backing and have reviewed disclosures thoroughly.

Can I shorten instead of waive?

Yes. Shorter timelines can balance competitiveness and protection.

Buyer's Guide July 17, 2026

What makes an offer strong besides price?

Price matters, but terms often decide the outcome. Sellers look for certainty, speed, and simplicity.

What terms matter most?

Short contingency periods, strong deposit, and flexible closing timeline.

Does the down payment matter?

Yes. Larger down payments signal financial strength.

How important is the lender?

Very. A trusted local lender can increase confidence.

What about contingencies?

Fewer or shorter contingencies can strengthen your offer, but increase your risk.

Does communication matter?

Yes. Clear, professional communication between agents helps keep deals together.

Buyer's Guide July 17, 2026

When should I offer over asking?

Offering over asking is common in competitive situations, especially for well-priced homes.

When is it necessary?

When there are multiple offers or strong demand in a price segment.

How do I decide how much over?

Based on comparable sales, competition, and your maximum comfort level.

Does over asking guarantee acceptance?

Not necessarily. Terms and certainty often matter nearly as much as price.

What are the risks?

Appraisal gaps and overpaying relative to market value.

How can I reduce risk?

Understand comps and consider your appraisal strategy before offering.

Buyer's Guide July 17, 2026

Should I offer below asking price?

Offering below asking depends on market conditions, property condition, and seller expectations.

When does it make sense?

When a property is overpriced, has been on the market, or has clear issues.

What are the risks?

You may lose the property or not receive a counteroffer, especially if the offer is truly uncompetitive.

How do I justify a lower offer?

Use comparable sales, inspection findings, or time on market.

Can it work in this area?

Yes, but less often in competitive price ranges or for well-positioned homes.

Should I expect a counteroffer?

Often yes, but not guaranteed.

Buyer's Guide July 17, 2026

How do I decide what to offer?

Your offer should reflect market value, competition, and your own risk tolerance. There is no one-size approach.

What should I base my offer on?

Recent comparable sales, current competition, and property condition.

How do disclosures affect my price?

Known issues, deferred maintenance, or unpermitted work should factor into your offer.

Should I leave room to negotiate?

In competitive markets like the Monterey Peninsula, strong initial offers often perform better than low starting points.

How do I balance price and terms?

A slightly lower price with cleaner terms can sometimes win, but not usually.

What is the risk of overpaying?

Paying above market can affect appraisal and future resale if not supported by value.

Buyer's Guide July 17, 2026

How does financing affect offer strength?

Financing directly affects how confident a seller feels about your ability to close. Strong, predictable financing makes your offer more competitive.

Why do sellers care about financing?

They want certainty. A deal that falls apart costs time and momentum.

What makes financing look strong?

Full pre-approval, solid down payment, and a reputable local lender. A local lender is generally stronger than a large out-of-town institution like a big bank.

Does loan type matter?

Yes. Conventional and cash offers are often seen as stronger than FHA due to fewer condition requirements.

How do contingencies factor in?

Financing contingencies protect you but can weaken your offer if overused or too long.

Can my lender help strengthen my offer?

Yes. Direct communication between lender and listing agent can increase confidence.

Buyer's Guide July 17, 2026

What happens if the appraisal is low?

A low appraisal means the lender values the home below your contract price. This affects how much the lender will finance and can force a renegotiation.

What does a low appraisal change?

The lender bases the loan on the appraised value, not the purchase price, which creates a gap you must address.

What are my options if it comes in low?

You can renegotiate the price, bring in additional cash, challenge the appraisal, or walk away if you still have an appraisal contingency.

How often can appraisals be challenged?

It is possible but not common to succeed. Strong comparable sales data is required.

How does this affect timing?

It can delay closing while you negotiate or request a reconsideration.

Can I waive this risk upfront?

Yes, but that is risky. If you waive the appraisal contingency and the home appraises low, you may still have to cover the gap in cash to keep the loan alive. If you cannot do that, the lender may not fund the loan and the deal can fall apart, depending on the contract terms and whether the financing contingency is still active.

Buyer's Guide July 17, 2026

What should I know about buying points?

Buying points means paying upfront to reduce your interest rate. It is a tradeoff between upfront cost and long-term savings.

How do points work?

Each point typically costs 1% of the loan amount and lowers your rate.

When does it make sense?

If you plan to keep the loan long enough to recover the upfront cost.

How do I evaluate it?

Calculate the break-even point between upfront cost and monthly savings.

Does it help in competitive offers?

Not directly, but it can improve your long-term payment.

Are there risks?

If you sell or refinance early, you may not recover the cost