It’s been three months since the Pacific Grove city council voted in favor to allow property owners to legally rent out rooms and homes to vacationers for less than 30 days, and one local realty company is taking advantage of the new market.

Monterey Bay Property Management is opening up a new office in Pacific Grove at 650 Lighthouse Avenue in May. The company will still keep their second location on Wave Street in Monterey. This move comes about a month before the U.S. Open, when thousands of people are expected to flock to the Central Coast to watch the game and rent out homes for the weekend.

The city council said allowing vacation rentals will generate an estimated $200,000 dollars a year for the city trying to keep their budget balanced.

Monterey Bay Property Management will hold their ribbon cutting and grand opening at their new location on Wednesday, May 26 at 5:00 p.m. 

Complimentary refreshments will be provided by the Pacific Grove Chamber of Commerce.

“Article writen by Jasmine Viel