1088 Sawmill Gulch Road, Pebble Beach, California 93953, Pebble Beach, 93953 - 3 bed, 3 bath
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1088 Sawmill Gulch Road
Pebble Beach, California 93953
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
3Baths
1,851Sq Ft
10,300Lot Size
Property Price
LIST PRICE$1,675,000
EST. MARKET VALUE
$1,776,177
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,675,000—positioned well below the $1,776,177 Fair Market Value by 5%. This valuation gap offers $101,177 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires cosmetic updates to modernize its 1978 interiors. Located in the prestigious Country Club area near Top-Rated Schools like Pacific Grove High, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to personalize a home in a prime coastal location.
Estimated Market Value
$1,776,177+$101,177 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1088 Sawmill Gulch Road Subject | $1,675,000* List Price | 3 | 3 | 1,851 | $960 | - |
A 2914 Colton Road Sold | $1,750,000 | 3 | 2 | 1,588 | $1,102 | 0.2 mi |
B 1155 Lookout Road Sold | $2,050,000 | 3 | 2 | 1,998 | $1,026 | 0.5 mi |
C 1071 Ortega Road Pending | $1,985,000 List Price | 3 | 2 | 1,879 | $1,056 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1978 and appears to be in mostly original condition. While the home is described as well-maintained and includes a modern backup generator, the bathrooms, cabinetry, and interior finishes (popcorn ceilings, wallpaper, blue fixtures) are over 45 years old and significantly dated, requiring comprehensive cosmetic updates.
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 = 10300, living area = 1851.
- Great Schools
High School: Pacific Grove High School (9/10).
- Prime Location
Situated in the prestigious Country Club area of Pebble Beach, the property offers immediate proximity to world-class golf courses, pristine beaches, and the upscale dining and shopping of Carmel-by-the-Sea.
CONSRISKS & DEFICIENCIES
- Dated Interior Potential
Built in 1978, the property is marketed as an opportunity to 'personalize,' suggesting that significant cosmetic or structural updates may be required to meet modern luxury standards.
- Limited View Profile
While located in a coastal community, the property offers a standard neighborhood view rather than the high-value ocean or golf course vistas typically sought after in the Pebble Beach market.
About 1088 Sawmill Gulch Road
Discover the opportunity to make your own mark in one of Pebble Beach's most desirable locations. Situated in the coveted Country Club area, this well-maintained single-story 3-bedroom, 2.5 bathroom home offers the perfect blend of comfort, location, and potential. The thoughtfully laid-out floor plan provides plenty of space to settle in today while offering an exciting opportunity to personalize and create a home that truly reflects your style. Step outside onto the inviting deck, an ideal spot to enjoy your morning coffee, unwind after a day on the coast, or entertain family and friends. Moments from world-class golf, beautiful beaches, and the shops and restaurants of Carmel-by-the-Sea. This special Pebble Beach opportunity is not to be missed.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 10,300 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 • 0.9 mi
6/10
Monte Vista
Grades K-5 • 2.1 mi
5/10
Pacific Grove Middle School
Grades 6-8 • 1.4 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 | 1,851 | 2,988.9 |
| Lot Size | 10,300 | 24,784.6 |
| Price | $1.68M | $4.28M |
| Price per sq ft | $905 | $1.4K |
| Built year | 1978 | 1974 |
| HOA | $0 | $60 |
| Days on market | 23 | 120 |
Pricing History
Listed for Sale
Aug 17, 2026
$1,675,000
Initial Listing