1494 Cypress Drive, Pebble Beach, California 93953, Pebble Beach, 93953 - 6 bed, 10 bath
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1494 Cypress Drive
Pebble Beach, California 93953
ACTIVE
CONDITION: FAIR
6Beds
10Baths
11,223Sq Ft
97,574Lot Size
Property Price
LIST PRICE$49,500,000
SUMMARY
Presenting one of the most valuable street-to-sea parcels on the West Coast, a trophy asset in every sense, and an extraordinary opportunity to possess one of the most iconic properties in all of Pebble Beach. "Gem Cove" is located on two lots of record on an ocean front parcel of land next to the Lodge, with unobstructed ocean views to the 18th fairway, Stillwater Cove, Carmel Beach, Point Lobos and beyond. Truly a once-in-a-lifetime opening to secure your position in one of the most sought-after areas in the world. Built on a prime 2.24± acre parcel of coveted CA real estate, is this unforgettable European-esque estate is guaranteed to astound, impress and amaze the most astute buyer. From the substantial living room to the chef's kitchen/great room, the expansive primary bedroom suite to the expertly curated grounds, all with big ocean views - you will love living here, entertaining family and hosting guests at this prestigious estate. Located within minutes of world-class golf, Michelin-level dining, and elite networks, this property offers not just lifestyle, but legacy. Whether as a long-term family estate, strategic investment, or a rare coastal retreat, "Gem Cove" presents the kind of opportunity that seldom comes. Don't miss it.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2003, the property is 21 years old, which technically places it in the 'Fair' category according to the age criteria. While the estate is a high-end 'trophy asset' and appears meticulously maintained, the kitchen and interior finishes (such as the heavy wood cabinetry, stone arches, and traditional valances) are stylistically dated to the early 2000s and would require cosmetic updates to reach modern 'Excellent' standards.
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 = 97574, living area = 11223.
- Unrivaled Coastal Location
Situated on a rare street-to-sea parcel next to the Lodge, this estate offers world-class, unobstructed views of the 18th fairway, Stillwater Cove, and Point Lobos.
- Expansive Trophy Estate
With over 11,000 square feet of European-inspired architecture on 2.24 acres, the property provides grand-scale living and entertaining spaces that are rare for the area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =97574, other record lot size in square feet = 42688.
- Extended Days on Market
Having been on the market for over 430 days, the property may be facing listing fatigue, which can lead to lower buyer urgency and more aggressive negotiations.
- Substantial Price Correction
A recent $8 million price reduction from the original list price indicates a significant market adjustment was necessary, potentially signaling previous overvaluation.
About 1494 Cypress Drive
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 97,574 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 10 (10 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.7 |
| Baths | 10.0 | 3.7 |
| Square foot | 11,223 | 3,141.833 |
| Lot Size | 97,574 | 19,480.333 |
| Price | $49.50M | $4.19M |
| Price per sq ft | $4.4K | $1.3K |
| Built year | 2003 | 1975 |
| HOA | $0 | $565 |
| Days on market | 439 | 87 |
Pricing History
Listed for Sale
Jun 7, 2026
$49,500,000
$57,500,000
-14% Price Drop
Initial Listing
Price Change
Aug 11, 2025
$57,500,000
Initial Listing