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507 2nd Street, Eureka, CA 95501

$1,250,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 4,400 Lot Size (sq. ft.): 2,178 Status: Active
Current Price: $1,250,000 List Date: 1/21/2025 Last Modified: 10/29/2025

Description

The Pearl Building with Luxury Apartment. Welcome to The Pearl, a stunning property rich in history and architectural significance. Originally built in 1872 as the Crystal Palace salon, this iconic building underwent a transformative Art Deco renovation in the 1950's. In 2004, The Pearl was completely restored, blending the best of old-world charm with modern luxury. The front 2,200 sqft of the building has been meticulously restored, including a new foundation and earthquake retrofit, with every detail upgraded to meet current commercial standards. New framing, plumbing, electrical, and a 2-hour fire-rated structure ensure both safety and longevity. The interior features poured concrete floors, both upstairs and down, with radiant heat.

Supplements: The rear 2,200 sqft of the building, also constructed in 2004, offers three stories of modern luxury, crowned by a penthouse and expansive roof deck that provides breathtaking views of the marina, redwoods, and Pacific Ocean. The location is unbeatable, nestled in the heart of Historic Old Town, just one building off the gazebo and only a block from the waterfront. The first floor showcases a sleek, modern design with custom finishes throughout, while the second floor is a spacious 2,200 sqft home, featuring 16-foot ceilings, glass railings, and exotic granite countertops. The primary bedroom boasts stunning bay views, making it the perfect sanctuary to enjoy the sights and sounds of this extraordinary location. The Pearl combines the grandeur of the past with the conveniences of modern living, offering a one-of-a-kind opportunity to own a piece of history in the most desirable part of town. Short Term Vacation Rental Permit completed and approved!

More Information MLS# 268526

Property Description

Realtor.com Type: Residential - Single Family Lot Size: City Lot Dimensions: .05 Accessory Dwelling Unit: Yes Style: Custom Gar Stls: 0 Garage Type: None Lot Acres: 0.05 Appearance: Excellent List Price/SqFt: 284.09 Type of Property: Residential

House Description

Bedrooms: 3 Baths: 2 Total Rooms: 7 Year Built: 2004 Main House SqFt: 4400

Location, Legal and Taxes

APN: 001-123-004

ADU Type

ADU: 1

ADU Detail

Electric Meter: Yes Gas Meter: Yes

ADU Kitchen Features

Other: 1

Zoning

Single Family: 1 Commercial: 1

Possession

At Close of Escrow: 1

View

City Lights: 1

RV Parking

Cable: 1 Paved: 1 Power: 1 Sewer: 1

Miscellaneous

Alley: Yes

Lot Description

Bay View: 1 City Lights View: 1 Hills View: 1 Ocean View: 1 Panoramic View: 1

# of Baths per Level

Full Baths Main: 1 Full Baths Upper: 1 Full Baths Lower: 2

Utilities

Circuit Breaker: 1 Electric: 1 Gas: 1

Levels

3 or more Stories: 1

Siding

Stucco: 1

Foundation

Slab: 1

Construction

Wood Frame: 1

Roof

Other: 1

Insulation

Ceiling: 1 Dual Pane Window: 1 Wall: 1

Financing Terms

Cash: 1 Conventional: 1

Heating

Radiant: 1

Kitchen

Dishwasher: 1 Gas: 1 Microwave: 1 Range: 1 Refrig: 1 Remodeled Kitchen: 1 Granite Slab: 1

Water

Public: 1

Dining

Built-in Cabinets: 1 Large: 1 Open: 1 View: 1

Sewer

Public: 1

Living

Cathedral/Vault: 1 Large: 1 Skylight/Solar Tube: 1 View: 1

Family

Deck: 1 Skylight: 1 View: 1

Flooring

Concrete: 1

1st Floor

Other: 1

2nd Floor

2nd Primary: 1 2nd Bedroom: 1 3rd Bedroom: 1 Dining Room: 1 Kitchen: 1 Living Room: 1 Primary Bedroom: 1

3rd Floor

Family/Rec: 1 Other: 1

Listing Information

Status: Active List Date: 2025-01-21 List Price: $1,250,000 Current Price: $1,250,000

Location Legal and Taxes

Area: South Bay House Number: 507 Street Name: 2nd Street Suffix: Street Sub-Area: Eureka State: CA Zip Code: 95501 Cross Street: F

Property Features

ADU Type: ADU ADU Kitchen Features: Other View: City Lights Zoning: Single Family; Commercial RV Parking: Cable; Paved; Power Possession: At Close of Escrow Levels: 3 or more Stories Siding: Stucco Foundation: Slab Construction: Wood Frame Roof: Other Insulation: Ceiling; Dual Pane Window; Wall Lot Description: Bay View; City Lights View; Hills View; Ocean View; Panoramic View Heating: Radiant Water: Public Sewer: Public Utilities: Circuit Breaker; Electric; Gas Kitchen: Dishwasher; Gas; Microwave; Range; Refrig; Remodeled Kitchen; Granite Slab Dining: Built-in Cabinets; Large; Open; View Living: Cathedral/Vault; Large; Skylight/Solar Tube; View Family: Deck; Skylight 1st Floor: Other 2nd Floor: 2nd Primary; 2nd Bedroom; 3rd Bedroom; Dining Room; Kitchen; Living Room; Primary Bedroom 3rd Floor: Family/Rec; Other Flooring: Concrete Financing Terms: Cash; Conventional
Listing Office: Land X Real Estate Inc.
IDX
Last Updated: October - 29 - 2025
Broker Attribution: nathan@landxinc.com

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.