17 Shepherd's, Pebble Beach, California 93953, Pebble Beach, 93953 - 2 bed, 2 bath
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17 Shepherd's
Pebble Beach, California 93953
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,495Sq Ft
1,598Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$849,000
SUMMARY
This Condominium represents a Strong Value Opportunity, listed at a List Price of $849,000, which aligns with its $849,000 Fair Market Value. While the property maintains a Condition Rating of 4, it offers a rare, street-level entry and direct elevator access to an enclosed garage. The residence features a private deck with Forest and Bay views, providing a serene coastal lifestyle. Given the extended market time, this is a stable acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located Pebble Beach residence.
Estimated Market Value
$849,000
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 |
|---|---|---|---|---|---|---|
★ 17 Shepherd's Subject 2 bd · 2 ba · 1,495 sqft · $568 | $849,000* List Price | 2 | 2 | 1,495 | $568 | - |
A 4 Shepherds Knoll Sold 2 bd · 2 ba · 1,537 sqft · $563 · 0.0 mi | $865,000 | 2 | 2 | 1,537 | $563 | 0.0 mi |
B 22 Ocean Pines Lane 22 Sold 2 bd · 2 ba · 1,325 sqft · $721 · 0.7 mi | $955,000 | 2 | 2 | 1,325 | $721 | 0.7 mi |
C 75 Ocean Pines Lane Active 2 bd · 2 ba · 1,257 sqft · $736 · 0.8 mi | $925,000 List Price | 2 | 2 | 1,257 | $736 | 0.8 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 1982, this property is well-maintained but features dated finishes consistent with a 15-30 year old renovation. The galley kitchen contains older oak cabinetry and white appliances, while the bathrooms feature dated vanities and carpeted flooring in the primary dressing area. The unit is functional and move-in ready but requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Pebble Beach Location
Situated in a prestigious gated community, the property offers proximity to world-class golf and the coastal amenities of Carmel and Monterey.
- Exceptional Accessibility
Features rare street-level entry and direct elevator access to an enclosed garage, providing convenience and security for all mobility levels.
- Updated Coastal Aesthetics
The residence boasts a light-filled, open floor plan with modern updates, a cozy fireplace, and a private deck overlooking a serene forest and bay setting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1598, other record lot size in square feet = 1880.
- High Association Fees
The monthly HOA fee of $1,060 is substantial, significantly increasing the total monthly carrying cost for potential owners.
- Extended Market Time
With over 200 days on market and multiple price reductions, the property has struggled to find a buyer, potentially indicating a disconnect between the price and current market demand.
About 17 Shepherd's
Situated in one of Pebble Beachs most desirable gated communities, this beautifully updated street-level 2-bedroom, 2-bath residence offers an ideal blend of comfort and coastal elegance. Nestled in a peaceful forest setting, the home captures lovely views of the iconic Pebble Beach landscape with glimpses of the bay beyond. The light-filled open floor plan is designed for relaxed living and easy entertaining. A warm and inviting living room with fireplace and wet bar opens to a private deck, while the spacious primary suite features dual sinks and a shower-over-tub for a serene retreat. Enjoy convenient street-level entry and direct elevator access to the enclosed one-car garage below, providing security and additional storage. Just minutes from world-class golf, Highway 1, Carmel, Pacific Grove, and Monterey, 17 Shepherds Knoll offers the best of the Pebble Beach lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 1,598 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1060.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,495 | 2,369.333 |
| Lot Size | 1,598 | 1,785.667 |
| Price | $849.0K | $2.39M |
| Price per sq ft | $568 | $830 |
| Built year | 1982 | 1985 |
| HOA | $1060.0 | $1.6K |
| Days on market | 240 | 86 |
Pricing History
Listed for Sale
Jun 23, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
Price Change
Mar 30, 2026
$899,000
$949,000
-5% Price Drop
Initial Listing
Price Change
Feb 26, 2026
$949,000
Initial Listing
Sold
Sep 5, 2014
$475,000
Public Record