
Pebble Beach, California 93953
This property presents a High-Potential Investment Opportunity with a List Price of $3,100,000—positioned well below the $2,940,160 Fair Market Value by -5%. While the home maintains a Poor Condition Rating due to its original 1987 finishes, the Panoramic Coastal Views and Large 13,855 sqft Lot provide a rare foundation for value-add renovation. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to modernize a premier Pebble Beach residence while capturing significant long-term appreciation in a world-class coastal location.
Property is extensive renovation needed.
Built in 1987 (37 years old), the home appears to be in mostly original condition. The kitchen features dated cabinetry and white appliances, while the bathrooms retain 1980s-era gold-trimmed shower doors and wallpaper. Based on the criteria for properties over 30 years old requiring a full cosmetic rehab and updates to dated systems, it is rated poor.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13855, living area = 2100.
The property offers sweeping, unobstructed views of the Pacific Ocean, Spanish Bay, and Bird Rock, providing a dramatic and highly valuable backdrop from multiple vantage points.
Featuring vaulted ceilings and two expansive decks, the home’s design maximizes natural light and creates a seamless flow perfect for enjoying the serene Pebble Beach environment.
Built in 1987, the home may require updates to its interior finishes and systems to meet the contemporary luxury standards expected at this price point.
With only two bathrooms for a three-bedroom residence, the bed-to-bath ratio may be a drawback for families or buyers seeking more modern convenience and privacy.
Perched above the iconic coastline of Pebble Beach, this property captures sweeping panoramic ocean and bay views stretching across some of the Peninsulas most celebrated landmarks. From the white sands of Spanish Bay and Bird Rock to MPCC and the rolling fairways beyond, the outlook is both dramatic and serene. Built in 1987, this three-bedroom, two-bathroom residence offers an effortless living space, vaulted ceilings, and abundant natural light throughout. Two expansive decks invite seamless indoor-outdoor living, creating the perfect setting to enjoy sunsets over the Pacific and the beauty of the surrounding coastline. This homes exceptional location places you moments from world-renowned golf, scenic coastal trails, fine dining, and the timeless charm that defines the Pebble Beach lifestyle. Rarely does an opportunity present itself to enjoy such captivating views and an unparalleled setting in one of Californias most coveted coastal communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 21% |
| Square foot | 2,100 | 2,774.5 | 29% |
| Lot Size | 13,855 | 11,535 | 61% |
| Price | $3.10M | $2.97M | 53% |
| Price per sq ft | $1.5K | $1.2K | 74% |
| Built year | 1987 | 1964 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 241 | 3% |
May 9, 2026
$3,100,000
Initial Listing
Jan 21, 2005
$1,510,000
Public Record