Performance indicators for the Pacific Grove short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Pacific Grove.
Loading top listings...
Challenging to Investors
STRs are permitted but only in Coastal/Commercial zones with a 250-license cap, 55-foot exclusion zones from existing STRs, and 15% block-density limits, creating scarce eligible parcels; permitting entails inspections, multiple fees, and ongoing obligations (12% TOT, guest logs, 30-minute complaint response, renewals), elevating compliance burden and investor risk.
Local STR Agent
STR specialist · Pacific Grove, CA
Pacific Grove, California, is a picturesque coastal city located on the Monterey Peninsula. As of the latest census, the city has a population of approximately 15,000 residents. It is known for its scenic beauty, Victorian architecture, and close proximity to the Pacific Ocean. Pacific Grove is situated about 120 miles south of San Francisco, making it accessible for visitors looking for a serene escape from the bustling city life.
Pacific Grove boasts several notable landmarks that make it an appealing destination for short-term rentals. The Point Pinos Lighthouse (https://www.pacificgrove.org/things-to-do/historic/the-point-pinos-lighthouse)) is the oldest continuously operating lighthouse on the West Coast and offers breathtaking ocean views. The Monterey Bay Aquarium (https://www.montereybayaquarium.org),,) located just a short drive away, is one of the best aquariums in the world and a major draw for visitors.
Nature enthusiasts can explore the Monarch Grove Sanctuary (https://www.cityofpacificgrove.org/visitors/monarchs/monarch-grove-sanctuary),,) a seasonal home to thousands of monarch butterflies. Lovers Point Park (https://www.pacificgrove.org/things-to-do/parks-open-spaces/lovers-point-park)) provides beautiful picnic areas, a sandy beach, and opportunities for kayaking and paddleboarding.
For history buffs, the Pacific Grove Museum of Natural History (https://www.pgmuseum.org)) offers insights into the natural and cultural history of the area. Additionally, the nearby 17-Mile Drive (https://www.pebblebeach.com/17-mile-drive)) is a scenic drive that offers stunning coastal views and passes through famous landmarks like the Lone Cypress and Pebble Beach Golf Links.
Pacific Grove’s quaint charm, combined with its numerous attractions and prime location near major landmarks and natural beauty, make it an ideal spot for short-term rentals. Whether visitors are looking for relaxation, adventure, or cultural experiences, Pacific Grove offers a little bit of everything.
