NOT LISTED FOR SALE

1470 Cypress Dr Del Monte Forest, CA 93953

Estimated Value: $5,027,000 - $27,167,254

5 Beds
8 Baths
8,232 Sq Ft
$1,955/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $26,000,000 $3,158 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $113,481/month

219 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Carmel River Elementary School Rated A+
  • Private Pool
  • 1.44 Acre Lot

About This Home

As of February 2022

1470 Cypress Drive embodies the best Pebble Beach has to offer. Privately perched above Stillwater Cove and overlooking Carmel Beach, the yacht club and pier, and the world-famous Links of Pebble Beach, this understated, elegant estate leaves nothing to be desired.The ocean front location on Stillwater Cove offers meandering pathways leading to a bluff above the cove with sweeping views of the coastline and an exclusive perch providing the best box seats for viewing any finale of the AT&T or US Open golf tournaments. With an Olympic size swimming pool, five elegant bedroom suites, a spa-like master bathroom, an ocean view game room, workout room, wine cellar, outdoor TV lounge and cabana with fire pit, you will not want to leave! But if you do, it's just four homes from the Lodge with activities including shops, restaurants, spa, golf, tennis and the Beach Club. This is a rare offering, a private oasis and an exquisite estate.

Last Agent to Sell the Property

Lynn Brown Knoop

Carmel Realty Company License #01225343 Listed on: 06/22/2021

Co-Listed By

Shelly Lynch

Carmel Realty Company License #01217466

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $281,575

Year Built

  • 1988

Lot Details

  • 1.44 Acre Lot
  • Partially Fenced Property

Parking

  • 5 Car Detached Garage
  • Guest Parking

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,232 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Gas Log Fireplace
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Library
  • Utility Room
  • Laundry Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Bidet
  • Soaking Tub in Primary Bathroom
  • Bathtub
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • Private Pool
  • Balcony
  • Fire Pit
  • Gazebo
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$281,575

Year Built

1988

Lot Details

0

Parking

5

Listing Details

  • Zoning: LDR/1.5-D(CZ)
  • Subclass: Single Family Home
  • Age: 33
  • Listing Class: Residential
  • Structure Sq Ft: 8232
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log, Gas Starter, Living Room
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Freezer, Hood Over Range, Island With Sink, Microwave, Oven - Double, Refrigerator, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 8232
  • Stories: 2
  • Bedrooms: Primary Bedroom On Ground Floor, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room, Library, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Bidet, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Sauna, Stall Shower - 2+, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Slate
  • View: Greenbelt, Ocean, Water Front
  • Yard/Grounds: Balcony / Patio, Bbq Area, Fenced, Fire Pit, Gazebo
  • Fencing: Partial Fencing

Garage/Parking

  • Garage Spaces: 5
  • Parking Spaces: 2
  • Garage Max: 5
  • Garage Min: 5
  • Garage Parking Features: Attached Garage, Detached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Radiant
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-In Closet, Wet Bar

Schools

  • School District: Carmel Unified
  • Elementary School: Carmel River Elementary
  • Middle School: Carmel Middle
  • High School: Carmel High
  • High School: 497
  • Elementary School: 512
  • Middle School: 511

Lot Info

  • Lot Description: Views
  • Lot Acres: 1.4400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 62726.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 62726.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Lawee David and Lawee Lorna
Bought by
Borenstein Lawee Family Revocable Trust and Lawee
Total Days on Market
219
Current Estimated Value
$16,097,127

Purchase Details

Listed on
Jun 22, 2021
Closed on
Feb 22, 2022
Sold by
Bbd 2012 Gift Trust
Bought by
Los Gatos Trust
Seller's Agent
Lynn Brown Knoop
Carmel Realty Company
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$28,500,000
Sold Price
$26,000,000
Premium/Discount to List
-$2,500,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.64%

Purchase Details

Closed on
Apr 20, 2015
Sold by
Hazen Paul and Hazen Cassandra
Bought by
Lee Robert

Purchase Details

Closed on
Jul 17, 2014
Sold by
Samson Carolyn
Bought by
Hazen Paul and Hazen Cassandra

Purchase Details

Closed on
Jun 10, 2002
Sold by
Samson Carolyn
Bought by
Samson Carolyn

Purchase Details

Closed on
May 14, 1997
Sold by
Samson Joseph and Samson Carolyn
Bought by
Samson Joseph and Samson Carolyn S

Purchase Details

Closed on
Mar 6, 1996
Sold by
Shehi Dan L
Bought by
Samson Joseph and Samson Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.15%

Purchase Details

Closed on
Jun 29, 1994
Sold by
Jamieson G W
Bought by
Shehi Dan L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Borenstein Lawee Family Revocable Trust -- None Listed On Document
Lawee David -- None Listed On Document
Los Gatos Trust $26,000,000 Chicago Title
Lee Robert $22,500,000 First American Title Company
Hazen Paul $22,500,000 First American Title Company
Samson Carolyn -- --
Samson Joseph -- --
Samson Joseph -- Stewart Title
Shehi Dan L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samson Carolyn $1,100,000
Previous Owner Samson Joseph $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $26,000,000 -8.8% $3,158 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
06/22/2021 06/22/21 For Sale $28,500,000 -- $3,462 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $281,575 $27,050,400 $21,848,400 $5,202,000
2023 $280,282 $26,520,000 $21,420,000 $5,100,000
2022 $265,895 $26,000,000 $21,000,000 $5,000,000
2021 $263,188 $25,006,353 $15,544,538 $9,461,815
2020 $257,536 $24,749,944 $15,385,148 $9,364,796
2019 $252,561 $24,264,652 $15,083,479 $9,181,173
2018 $247,815 $23,788,875 $14,787,725 $9,001,150
2017 $242,667 $23,322,427 $14,497,770 $8,824,657
2016 $238,795 $22,865,125 $14,213,500 $8,651,625
2015 $235,209 $22,500,000 $14,000,000 $8,500,000
2014 $65,620 $6,157,906 $4,404,273 $1,753,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81850190

MLSListings

APN: 008-455-016-000