1651 Crespi Lane, Pebble Beach, California 93953, Pebble Beach, 93953 - 4 bed, 3 bath
Loading property details...
Pebble Beach, California 93953
Analysis of 1651 Crespi Lane, Pebble Beach, California 93953 is currently available with a list price of $9,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1957, the property is well-maintained and staged, but the kitchen and interior finishes appear to be from a renovation older than 20 years. While functional and move-in ready, the home is dated relative to its price point, and the listing suggests a total transformation or redevelopment into a grand estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 75882, living area = 3570.
Situated at the summit of Crespi Lane, the property boasts rare and prestigious views of Stillwater Cove and the 17th Green, offering a quintessential Pebble Beach lifestyle.
The 1.74-acre corner parcel features rare, flat, and usable meadow land, providing an exceptional and spacious canvas for privacy or significant estate development.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3570, other record living area = 3220. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1957, the current mid-century home may require extensive modernization or a complete rebuild to align with the luxury standards of neighboring trophy properties.
The nearly $10 million entry price reflects land value and potential, meaning buyers will need substantial additional liquidity to execute the planned architectural transformation.
Atop the summit of Crespi Lane where some of the greatest estates were built in the early days of Pebble Beach, this delightful Mid-Century Coastal home enjoys Stillwater Cove and 17th Green views from within and without. Single level in design, the residence has the coziness of a cottage and the serenity of an estate where it lives large inside boasting walls of windows facing South and West; soaring vaulted ceilings with skylights throughout and a galley like grand hall where art and collectables can reside in full display. Bordered by Del Ciervo road this long and large corner parcel is a prize unto itself with 1.74 flat acres of open, spacious grassy meadows all around. Delightful as it currently is, there are plans in process under the keen eye of Jun Sillano, AIA of International Design Group, to transform into a grand estate akin to its neighbors on all sides, with an abundance living spaces and terraces overlooking the views. A thoroughly enjoyable residence now and an incredible opportunity to create a great Estate of your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,570 | 2,965 | 65% |
| Lot Size | 75,882 | 11,664.5 | 88% |
| Price | $9.99M | $2.81M | 90% |
| Price per sq ft | $2.8K | $1.2K | 95% |
| Built year | 1957 | 1971 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 224 | 3% |
Mar 27, 2026
$9,995,000
Initial Listing
Jul 14, 2016
$3,800,000
Public Record
Nov 16, 1998
$1,900,000
Public Record
Nov 14, 1996
$1,550,000
Public Record