
Pebble Beach, California 93953
This historic 1938 estate, Villa Che, represents a High-Potential Investment Opportunity, listed at $11,500,000—positioned above the $9,792,074 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and Architectural Pedigree by Lewis P. Hobart offer significant upside for a buyer capable of restoring its Golden Age elegance. Featuring panoramic ocean and golf course views and two guest houses, this estate is a rare asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a legacy property in Pebble Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3321 17 Mile Drive Subject | $11,500,000* List Price | 7 | 6 | 5,879 | $1,666 | - |
A 3957 Ronda Road Sold | $9,000,000 | 5 | 5 | 5,923 | $1,520 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, this historic estate is well-maintained but significantly dated. The kitchen features cabinetry and white electric appliances likely from a 20-30 year old renovation, and interior elements like mirrored walls and older carpeting indicate the property has not had a major update in over 20 years, requiring modernization of systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48351, living area = 5879.
Designed by renowned architect Lewis P. Hobart, this 1938 Spanish Revival estate offers rare historical significance and exquisite period details like hand-painted ceilings and rose marble.
Situated on the legendary 17 Mile Drive, the property boasts breathtaking views of the Pacific Ocean and Pebble Beach Golf Links, offering unparalleled proximity to The Lodge.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5879, other record living area = 6273.
As a 1938 structure, the property may require specialized and costly maintenance to preserve its historic integrity while ensuring modern infrastructure standards are met.
With the seven bedrooms distributed across three separate buildings, the layout may be less ideal for buyers seeking a more traditional, single-structure family residence.
A rare jewel on legendary 17 Mile Drive, Villa Che - originally envisioned by renowned architect Lewis P. Hobart, famed for San Francisco's Grace Cathedral - blends timeless pedigree with glamorous, chic, stylish spirit. Step into 1938 Pebble Beach, where Spanish Revival architecture meets Golden Age elegance: rose marble, hand-painted ceilings, wrought iron, forged lighting, Spanish arches, tiled floors, and a central fountain evoke luxury. Designed for entertaining, the estate centers around a sun-drenched courtyard with the ambiance of Old Hollywood and Palm Beach glamour. The main residence offers gracious indoor-outdoor flow and breathtaking ocean and golf course views from the formal living room and primary suite. Two separate 2-bedroom guest houses, one with a full kitchen and game room, open to the courtyard. Featuring 7 bedrooms and 6 baths in an unforgettable setting mere moments from The Lodge, Pebble Beach Golf Links, elite dining, and the spa, Villa Che is not just a statement estate; it is a glamorous retreat designed for gathering, entertaining, and living beautifully in the heart of Pebble Beach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 6.0 | 4.0 |
| Square foot | 5,879 | 3,490.5 |
| Lot Size | 48,351 | 19,792.5 |
| Price | $11.50M | $3.44M |
| Price per sq ft | $2.0K | $1.3K |
| Built year | 1938 | 1972 |
| HOA | $0 | $60 |
| Days on market | 37 | 131 |
Jun 15, 2026
$11,500,000
Initial Listing