
Cambria, California 93428
This iconic Big Sur Modern oceanfront residence is a Strong Value Opportunity, listed at $3,500,000—positioned well below the $3,778,838 Fair Market Value by 7%. This valuation gap provides $278,838 in Instant Equity. Boasting an Excellent Condition Rating, the home features a high-end chef’s kitchen, 180-degree panoramic ocean views, and rare private shoreline access. As a permitted vacation rental near top-rated schools, it balances architectural significance with proven income potential. This masterpiece is ideal for Luxury Home Seekers or Savvy Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2431 Sherwood Drive Subject | $3,500,000* List Price | 3 | 4 | 2,788 | $1,355 | - |
A 2090 Sherwood Active | $4,250,000 List Price | 4 | 5 | 2,961 | $1,435 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1968, this architectural masterpiece has been extensively renovated to meet modern luxury standards. The property features a high-end chef's kitchen with top-of-the-line stainless steel appliances and granite countertops, new dual-pane windows, updated light oak flooring, and new glass railings. The integration of original redwood and aggregate concrete with contemporary finishes and systems indicates a complete, high-quality overhaul within the last 5 years.
Designed by Warren Leopold, a protégé of Frank Lloyd Wright, this iconic 'Big Sur Modern' masterpiece features unique hexagonal geometry and high-end materials like redwood and poured-in-place aggregate concrete.
The property occupies a premier seawall-protected bluff with 180-degree unobstructed ocean views and features rare private concrete stairs providing direct access to the shoreline and tide pools.
As a successful, permitted vacation rental with a secondary living area and separate entrance, the home offers significant income potential and flexibility for multi-generational living.
The unique 1968 construction materials, including exposed aggregate and redwood, may require specialized and costly upkeep to combat the corrosive effects of the direct salt-air environment.
With a lot size of 4,792 square feet, the property offers minimal yard space and sits in close proximity to neighboring residences, which may impact outdoor privacy.
Exceptional Value per Square Foot for Oceanfront Living! This rare architectural masterpiece was designed by legendary local architect Warren Leopold, a protégé of Frank Lloyd Wright. Built at the height of mid-century modernism, this iconic Big Sur Modern residence is constructed of poured-in-place aggregate concrete and redwood, expressed in a sophisticated series of hexagonal spaces that celebrate light, geometry, and the natural environment. Set forward on a seawall-protected bluff, the home offers over 180 degrees of unobstructed panoramic ocean views, with daily sightings of whales, dolphins, otters, seabirds, tide pools below, and spectacular sunsets. Thick exposed aggregate walls frame expansive new dual-pane windows and signature stained glass—some inlaid with sliced agate—bringing exceptional light, color, and texture throughout. The open-concept kitchen, dining, and living areas are designed for both comfortable living and effortless entertaining. The chef’s kitchen features top-of-the-line appliances, custom cabinetry, and a generous granite island oriented toward the sea. Redwood beams, whitewashed redwood paneling, slate and stone surfaces, built-in seating, fireplaces, skylights, dentil detailing, and an indoor-outdoor bar enhance both function and character. A protected ocean-view courtyard and wraparound decks with new glass railings extend the living space outdoors, while private concrete stairs provide rare direct access to the shoreline and tide pools. The home includes three en-suite bedrooms. The primary suite is accessed by a dramatic primary suite accessed via a stained-glass-lined turret staircase, featuring wraparound windows, domed skylight, fireplace, spa-style bath with ocean-view soaking tub, connected office, and walk-in closet. Downstairs a second en-suite bedroom has own fireplace. A secondary living area with its own living room, laundry, and the third en-suite bedroom with separate entrance adds flexibility and income potential. The property is a successful, permitted vacation rental. Located among Monterey cypress, close to Fiscalini Ranch Preserve, Moonstone Beach, Lampton Cliffs County Park, and the West Village of Cambria, this one-of-a-kind home offers architectural significance, privacy, and an unparalleled connection to the Pacific Ocean.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 2,788 | 1,545 | 94% |
| Lot Size | 4,792 | 5,250 | 40% |
| Price | $3.50M | $940.0K | 98% |
| Price per sq ft | $1.3K | $649 | 91% |
| Built year | 1968 | 1983 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 191 | 15% |
Apr 1, 2026
$3,500,000
$3,875,000
-10% Price Drop
Initial Listing
Feb 3, 2026
$3,875,000
Initial Listing
Apr 26, 2024
$3,495,000
Public Record
Jul 24, 2018
$1,665,000
Public Record
Aug 15, 1995
$870,000
Public Record
Mar 31, 1994
$830,000
Public Record