
Pebble Beach, California 93953
Analysis of 1031 The Old Drive Drive, Pebble Beach, California 93953 is currently available with a list price of $11,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Pebble Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Despite its 1925 origin, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen features modern cabinetry, premium stainless appliances, and stone countertops, while the bathrooms show contemporary glass showers and updated fixtures. The 'perfectly blended additions' and mint interior condition indicate fully updated systems and no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22100, living area = 4882.
High School: Pacific Grove High School (9/10).
Designed by renowned architect Clarence Tantau in 1925, this Spanish Colonial estate offers a rare blend of historic prestige and meticulously preserved period details like original terra cotta floors and carved beamed ceilings.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4882, other record living area = 4312. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With a list price of nearly $12 million—a substantial increase from its 2019 sale price of approximately $4 million—the property represents a high-premium investment that may challenge some market valuations.
As a century-old estate with original architectural elements, the property may require specialized and potentially costly maintenance to preserve its historic integrity and unique materials.
'Casa La Dona' is an incredible creation of Spanish Colonial architectural style paying perfect homage to the original intent and design of the preferred Pebble Beach style. Born in 1925, designed by Clarence Tantau and constructed by Del Monte Properties, the original 2-bedroom home was first used by Monterey Peninsula Country Club as an information office and then later as a model home. The original rooms still in place, are now surrounded and enhanced by well-designed and perfectly blended additions allowing for all the comfort, luxury and function desired today with the everyday ability to enjoy stepping back to an era where you can experience the beginnings of MPCC time. Within the 1/2 acre compound the nearly 5000 SF home offers 4 bedroom suites, with one as an ADU, a grand central kitchen where more than one chef can cook at a time, courtyards oceanside and garden side, high vaulted ceilings and exquisite detailing throughout and within with carved beamed ceilings, alcoves for art, wrought iron sconces and some of the original terra cotta floors. Imagine if the walls could talk, this singularly unique estate has a history to enjoy, and ambiance to thrive in and the grounds to wonder in with golf course and ocean views.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.5 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 4,882 | 3,490.5 |
| Lot Size | 22,100 | 19,792.5 |
| Price | $11.99M | $3.44M |
| Price per sq ft | $2.5K | $1.3K |
| Built year | 1925 | 1972 |
| HOA | $0 | $60 |
| Days on market | 23 | 131 |
Jun 29, 2026
$11,995,000
Initial Listing
Dec 2, 2019
$3,999,000
Public Record
Nov 17, 1998
$1,000,000
Public Record