1068 The Old Drive, Pebble Beach, California 93953, Pebble Beach, 93953 - 3 bed, 3 bath
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1068 The Old Drive
Pebble Beach, California 93953
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,102Sq Ft
9,200Lot Size
Property Price
LIST PRICE$3,150,000
EST. MARKET VALUE
$2,916,098
8% AboveMARKET VALUE
SUMMARY
This Turnkey Single-Level Residence represents a Strong Value Opportunity, listed at $3,150,000—positioned above the $2,916,099 Fair Market Value. While priced at a premium, the property offers an Excellent Condition Rating following a comprehensive high-end renovation. Located in the prestigious MPCC West neighborhood, it features a spacious 9,200 sq. ft. lot, a versatile office/den, and proximity to top-rated Pacific Grove schools. This pristine home provides an effortless coastal lifestyle, making it an ideal sanctuary for discerning professionals or luxury owner-occupants seeking a move-in-ready Pebble Beach retreat.
Estimated Market Value
$2,916,098
Based on Realkey algorithm analyzing recent comparable sales in Pebble Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1068 The Old Drive Subject | $3,150,000* List Price | 3 | 3 | 2,102 | $1,387 | - |
A 3141 Hacienda Drive Sold | $2,885,000 | 4 | 3 | 2,330 | $1,238 | 0.9 mi |
B 1034 Matador Road Sold | $2,650,000 | 3 | 2 | 1,524 | $1,739 | 0.4 mi |
C 1057 Broncho Road Sold | $3,800,000 | 3 | 3 | 2,799 | $1,358 | 0.3 mi |
D 1147 Arrowhead Road Sold | $2,220,000 | 3 | 2 | 1,659 | $1,338 | 0.6 mi |
E 2907 Colton Road Active | $2,399,000 List Price | 3 | 2 | 1,965 | $1,221 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1959, the property has undergone a comprehensive high-end renovation. The interior features vaulted ceilings with skylights, recessed lighting, and a modern kitchen with stone countertops and updated fixtures. The presence of dual-pane windows, updated flooring, and pristine exterior pavers indicates recent capital improvements and a mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9200, living area = 2102.
- Great Schools
High School: Pacific Grove High School (9/10).
- Prime Coastal Location
Situated in the highly coveted MPCC West neighborhood, the property is just a five-minute walk from the Pacific Ocean and iconic coastal trails, offering an unparalleled Pebble Beach lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2102, other record living area = 1992. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Limited Scenic Views
Despite its proximity to the water, the property offers only neighborhood views rather than the ocean or golf course vistas typically desired in high-end Pebble Beach real estate.
- Vintage Structural Origins
Originally built in 1959, the property may feature older infrastructure or mid-century ceiling heights that could feel restrictive compared to contemporary new-construction standards.
About 1068 The Old Drive
Rarely does an opportunity this polished and perfectly positioned become available in one of Pebble Beach's most sought-after neighborhoods, MPCC West. Spanning approximately 2,000 square feet on an expansive, level 9,200 square foot lot, this single-level residence is in impeccable, move-in-ready condition. The layout features three bedrooms and three full bathrooms, plus a versatile office/den ideal for remote work or a quiet library retreat. With everything on one level, the flow feels effortless and inviting, suited to an easy, laid-back lifestyle. The location delivers the best of the Pebble Beach lifestyle. Just moments from Monterey Peninsula Country Club's West Course, with easy access to Pebble Beach's famed collection of golf courses and dining. With the Pacific ocean less than a 5 minute walk, non-golfers will love it just as much: the iconic coastal trail is close by, winding through Monterey pine forest with sweeping scenic views. The home's central location is also ideal for reaching Carmel, Monterey, and Pacific Grove in minutes. A rare chance to secure a pristine home in an exclusive neighborhood where the lifestyle is as exceptional as the property itself. This is exclusive offering is a standout opportunity at a price point that's hard to beat for the area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 9,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Pebble Beach Unified Schools
Forest Grove Elementary School
Grades K-5 • 1.2 mi
6/10
Monte Vista
Grades K-5 • 2.4 mi
5/10
Pacific Grove Middle School
Grades 6-8 • 1.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.9 |
| Baths | 3.0 | 3.4 |
| Square foot | 2,102 | 2,988.9 |
| Lot Size | 9,200 | 24,784.6 |
| Price | $3.15M | $4.28M |
| Price per sq ft | $1.5K | $1.4K |
| Built year | 1959 | 1974 |
| HOA | $0 | $60 |
| Days on market | 12 | 120 |
Pricing History
Listed for Sale
Aug 28, 2026
$3,150,000
Initial Listing
Sold
Aug 29, 2025
$2,650,000
Public Record
Sold
Apr 2, 1997
$425,000
Public Record