1494 Cypress Dr, Pebble Beach, CA, 93953
About This Home
Presenting one of the most valuable street-to-sea parcels on the West Coast, a trophy asset in every sense, and an extraordinary opportunity to possess one of the most iconic properties in all of Pebble Beach. "Gem Cove" is located on two lots of record on an ocean front parcel of land next to the Lodge, with unobstructed ocean views to the 18th fairway, Stillwater Cove, Carmel Beach, Point Lobos and beyond. Truly a once-in-a-lifetime opening to secure your position in one of the most sought-after areas in the world. Built on a prime 2.24± acre parcel of coveted CA real estate, is this unforgettable European-esque estate is guaranteed to astound, impress and amaze the most astute buyer. From the substantial living room to the chef's kitchen/great room, the expansive primary bedroom suite to the expertly curated grounds, all with big ocean views - you will love living here, entertaining family and hosting guests at this prestigious estate. Located within minutes of world-class golf, Michelin-level dining, and elite networks, this property offers not just lifestyle, but legacy. Whether as a long-term family estate, strategic investment, or a rare coastal retreat, "Gem Cove" presents the kind of opportunity that seldom comes. Don't miss it.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2003
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Slate
Type & Style
- Home type: SingleFamily
- Architectural style: Luxury
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Gas Cooktop,Dishwasher,Exhaust Fan,Ice Maker,Microwave,Built In Oven,Double Oven,Electric Oven,Refrigerator,Trash Compactor,Dryer,Washer,Warming Drawer
- Laundry features: Tub/Sink,Inside
Bathroom
- Features: DoubleSinks, PrimaryStallShowers, ShowersoverTubs2plus, StallShower2plus, Stone, Tile, FullonGroundFloor, PrimaryOversizedTub, HalfonGroundFloor
Bedroom
- Features: GroundFloorBedroom, PrimarySuiteRetreat
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 10
- Full bathrooms: 7
- 1/2 bathrooms: 3
Dining Room
- Features: BreakfastBar, BreakfastNook, DiningFamilyCombo, NoFormalDiningRoom
Family Room
- Features: KitchenFamilyRoomCombo, SeparateFamilyRoom
Features
- High Ceilings,Vaulted Ceiling(s),Video Audio System,Wet Bar,Open Beam Ceiling,Walk-In Closet(s),Security Gate
- Flooring: Stone,Travertine,Wood
- Number of fireplaces: 4
- Fireplace features: Family Room,Gas Starter,Living Room,Primary Bedroom,Outside,Wood Burning
Heating & Cooling
- Heating features: Fireplace(s),2 plus Zones,Radiant,Radiant Floor
- Cooling features: None
Interior Area
- Total structure area: 11,223
- Total interior livable area: 11,223 sqft
Kitchen
- Features: Countertop_Other, Countertop_Tile, ExhaustFan, Island, Pantry
Property
Accessibility
- Accessibility features: Elevator/Lift,Accessible Doors
Details
- Parcel number: 008455017000
- Zoning: LDR/1.5-D(CZ)
- Special condition: Standard
- Other equipment: Air Purifier
Features
- Stories: 3
- Patio & porch: Balcony/Patio
- Exterior features: Back Yard,Barbecue,Fenced
- Fencing: Mixed Height Type,Partial
- Has view: Yes
- View description: Bay,City Lights,Forest/Woods,Garden/Greenbelt,Golf Course,Hills,Mountain(s),Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Lot size: 2.24 Acres
- Features: Side Slope,Grade Varies
Parking
- Total spaces: 10
- Parking features: Attached,Detached,Electric Gate,Garage Door Opener,Guest,Off Street,Parking Area,Oversized
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Monterey County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $250,298 | $3,003,576 |
| Home Insurance * | $10,026 | $120,312 |
| Property Taxes | $43,436 | $521,232 |
| Electricity | $2,406 | $28,879 |
| Total | $306,166 | $3,673,992 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-11 | Listed for sale | $57,500,000 |
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