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1238 Padre Ln, Pebble Beach, CA, 93953

8beds
10baths
7,271sqft
$14,950,000
$2,056price/sqft
$93,499/moest. monthly cost
$3,739,960/yrincome needed

About This Home

Located in one of Pebble Beach's best locations, this exceptional coastal estate offers total privacy from all directions with effortless luxury living. Capturing sweeping, panoramic ocean views from Point Sur to Cypress Point, the main residence offers 5 bedrooms plus a bunkroom and 7.5 baths, and a beautifully appointed 2-bedroom, 2 bath guest house with ocean views with its own private, gated entrance. Walls of glass frame the dramatic southern coastline from the living, dining rooms and two full family rooms, serene primary bedroom suite with 2 full baths and additional en-suite bedrooms, while a generous sized ocean-view deck with outdoor fireplace, seating and dining areas, built-in barbecue and sounds of the sea creates a natural gathering place for connecting and relaxing together. The chef's kitchen features stone counters, large island, breakfast bar, double ovens, all seamlessly connected to the great room. The mostly single-level living areas feature an office, fully equipped exercise room, 2 laundries, 3 wood burning fireplaces, full-house generator and multiple patios for tranquil outdoor enjoyment. Mature, professionally curated grounds, gated entry, ample parking, proximity to The Lodge and world-class golf complete the perfect package of this remarkable offering.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

9/10
7/10
Carmel Middle SchoolGrades 6-84.4 mi
10/10
Carmel High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Exhaust Fan,Disposal,Range Hood,Microwave,Other,Double Oven,Electric Oven,Refrigerator,Wine Refrigerator,Washer/Dryer
  • Laundry features: Other,Tub/Sink,Upper Floor,In Utility Room

Bathroom

  • Features: DoubleSinks, Marble, PrimaryStallShowers, ShowersoverTubs2plus, SolidSurface, StallShower2plus, TubinPrimaryBedroom, FullonGroundFloor, HalfonGroundFloor

Bedroom

  • Features: PrimarySuiteRetreat, WalkinCloset, PrimaryBedroomonGroundFloor, BedroomonGroundFloor2plus

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 10
  • Full bathrooms: 9
  • 1/2 bathrooms: 1

Dining Room

  • Features: BreakfastBar, DiningAreainLivingRoom

Family Room

  • Features: KitchenFamilyRoomCombo, SeparateFamilyRoom

Features

  • Wet Bar,Walk-In Closet(s),Security Gate
  • Flooring: Carpet,Marble,Tile,Wood
  • Number of fireplaces: 4
  • Fireplace features: Family Room,Gas Starter,Living Room,Other,Outside,Wood Burning

Heating & Cooling

  • Heating features: Central Forced Air Gas
  • Cooling features: None

Interior Area

  • Total structure area: 7,271
  • Total interior livable area: 7,271 sqft

Kitchen

  • Features: Countertop_Other, ExhaustFan, Island, Pantry

Property

Details

  • Parcel number: 008471019000
  • Zoning: LDR/1.5D(CZ)
  • Special condition: Standard

Features

  • Stories: 2
  • Patio & porch: Balcony/Patio
  • Exterior features: Back Yard,Barbecue,Fenced
  • Fencing: Perimeter,Gate,Mixed Height Type
  • Has view: Yes
  • View description: Forest/Woods,Garden/Greenbelt,Hills,Ocean,Water
  • Has water view: Yes
  • Water view: Ocean,Water

Lot

  • Lot size: 1.10 Acres
  • Features: Sloped Down

Parking

  • Total spaces: 10
  • Parking features: Attached,Garage Door Opener,Guest,Off Street,Parking Area,Oversized,Tandem
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Wildfire

FEMA Declared Disasters in Monterey County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $75,595$907,140
Home Insurance *$3,028$36,336
Property Taxes $13,317$159,804
Electricity $1,559$18,710
Total$93,499$1,121,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$3,205,680/yr
40% on housing$2,804,970/yr
45% on housing$2,493,306/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,056This listing

vs Other Active Listings

Avg $/sqft

ZIP 93953$1,475
Monterey County$767

vs Homes Sold Last Month

Median $/sqft

ZIP 93953$1,147
Monterey County$589

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-29Listed for sale$14,950,000
1999-04-20Sold$2,495,000

For Sale by Agent

Agent Canning Properties
BrokerageSotheby’s International Realty

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