2962 Club Road, Pebble Beach, California 93953, Pebble Beach, 93953 - 4 bed, 3 bath
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Pebble Beach, California 93953
This Pebble Beach Value-Add Asset is a strategic acquisition listed at $2,400,000, following a recent $200,000 price reduction to better align with its $2,120,485 Fair Market Value. Holding a Fair Condition Rating, the property requires a comprehensive interior update to modernize its 1990s-style finishes and maximize ROI. The structure features high-value elements including vaulted open-beam ceilings, ocean views, and a versatile floor plan near the Monterey Peninsula Country Club. Located within the top-tier Pacific Grove High School district, this is an ideal project for Luxury Renovators or Owner-Occupants looking to force appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2962 Club Road Subject | $2,400,000* List Price | 4 | 3 | 1,804 | $1,175 | - |
A 3020 Sloat Road Sold | $2,550,000 | 3 | 3 | 2,259 | $1,129 | 0.4 mi |
B 1155 Lookout Road Sold | $2,050,000 | 3 | 2 | 1,998 | $1,026 | 0.6 mi |
C 2914 Colton Road Active Under Contract | $1,895,000 List Price | 3 | 2 | 1,588 | $1,193 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and functional but significantly outdated, consistent with the 'fair' criteria for homes renovated 15-30 years ago. While the living areas feature attractive vaulted ceilings and newer laminate flooring, the kitchen and bathrooms are dated, featuring 1990s-style tile countertops, gold-trimmed shower enclosures, and older appliances. The listing description itself identifies the home as an opportunity to 'update and personalize,' confirming it requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8700, living area = 1804.
High School: Pacific Grove High School (9/10).
Situated just steps from the Monterey Peninsula Country Club and within walking distance to local beaches, this property occupies a highly coveted position in one of Pebble Beach's most sought-after neighborhoods.
Built in 1966, the property is positioned as an opportunity to update and personalize, suggesting that significant capital investment may be needed to modernize the interior and systems.
A recent $200,000 price reduction from the original list price indicates that the market has been sensitive to the home's current condition relative to its initial valuation.
A stones throw from Monterey Peninsula Country Club and a short stroll to nearby beaches, this inviting Pebble Beach home offers a versatile floor plan with three bedrooms plus an optional fourth bedroom/attached ADU or family room. Vaulted, open-beam ceilings enhance the living room with timeless character, while a casual dining area sits just off the kitchen. The main-level primary suite features a spacious ensuite bath with double sinks, an oversized soaking tub, and a separate stall shower. Two additional bedrooms and a shared bath are located upstairs. On the lower level, a flexible bonus space provides options for a family room, guest suite, or fourth bedroom. Outdoors, private tiered gardens create a peaceful setting with room to reimagine. A rare opportunity to update and personalize a home in one of Pebble Beach's most sought-after locations.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.3 mi
Grades 6-8 • 1.7 mi
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 | 1,804 | 2,916 | 15% |
| Lot Size | 8,700 | 11,535 | 5% |
| Price | $2.40M | $2.71M | 38% |
| Price per sq ft | $1.3K | $1.2K | 63% |
| Built year | 1966 | 1971 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 224 | 10% |
Apr 3, 2026
$2,400,000
$2,600,000
-8% Price Drop
Initial Listing
Jan 26, 2026
$2,600,000
Initial Listing
Aug 15, 1996
$530,000
Public Record