C
Seller's Agent in 2022
Canning Properties
Sotheby’s International Realty
(831) 238-5535
49 in this area
216 Total Sales
1475 Padre Ln Pebble Beach, CA 93953
Estimated Value: $7,640,000 - $9,346,077
5
Beds
6
Baths
7,408
Sq Ft
$1,188/Sq Ft
Est. Value
Highlights
- Ocean View
- Home Theater
- Custom Home
- Carmel River Elementary School Rated A+
- Primary Bedroom Suite
- 0.75 Acre Lot
About This Home
As of October 2022Just around the corner from the world-class golf, restaurants and shops at the renowned Lodge at Pebble Beach awaits an exquisite Estate on the coveted Padre Ln. This gracious 5 bedroom, 4 full, 2 half bathroom home hosts beautiful oceans views of Stillwater Cove and Carmel Bay. Superb woodwork and craftmanship tastefully paired with Venetian plaster walls is found throughout this refined 7,441 sqft home. Upon entry, an inviting great room with a vaulted ceiling and wall of glass provides a luxurious gathering place while connecting you to the dining room, kitchen and primary suite all with ocean views. Tall ceilings and large rooms provide spacious settings - perfect for entertaining or hosting friends and family. Among the many features included are 5 fireplaces, a separately attached guest suite, radiant heating, built-in audio system and a back-up generator. This home is truly move-in ready for the next fortunate owner.
Last Agent to Sell the Property
Sotheby’s International Realty License #70010029 Listed on: 05/27/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $82,798
Year Built
- 2003
Lot Details
- 0.75 Acre Lot
- Northwest Facing Home
- Gated Home
- Property is Fully Fenced
- Gentle Sloping Lot
- Back Yard
Parking
- 3 Car Attached Garage
- Electric Gate
- Uncovered Parking
- Off-Street Parking
Property Views
- Ocean
- Ridge
- Mountain
Home Design
- Custom Home
- Craftsman Architecture
- Slab Foundation
- Wood Frame Construction
- Shake Roof
Interior Spaces
- 7,408 Sq Ft Home
- 3-Story Property
- Entertainment System
- Beamed Ceilings
- Vaulted Ceiling
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- Bay Window
- Separate Family Room
- Living Room with Fireplace
- 5 Fireplaces
- Formal Dining Room
- Home Theater
- Loft
- Bonus Room
Kitchen
- Eat-In Kitchen
- Gas Oven
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Radiant Floor
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- Jetted Soaking Tub in Primary Bathroom
- Oversized Bathtub in Primary Bathroom
- Steam Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Balcony
Utilities
- Vented Exhaust Fan
- 220 Volts
- Power Generator
- Tankless Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2022
Closed on
Sep 24, 2022
Sold by
Lockridge Trust
Bought by
Potter David and Potter Meghan Moore
Seller's Agent
Canning Properties
Sotheby’s International Realty
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$10,500,000
Sold Price
$7,750,000
Premium/Discount to List
-$2,750,000
-26.19%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,051,769
Avg. Annual Appreciation
4.35%
Purchase Details
Closed on
Nov 20, 2018
Sold by
Lockridge Erika H and The Lockridge Trust
Bought by
Lockridge Erika H and Small Nikos Todd
Purchase Details
Closed on
Aug 30, 2013
Sold by
Lockridge John P and Lockridge Erika H
Bought by
Lockridge Erika H and Lockridge Trust
Purchase Details
Closed on
Mar 26, 2009
Sold by
Lazarus Jay W and Lazarus Kordula I
Bought by
Lockridge John P and Lockridge Erika H
Purchase Details
Closed on
Dec 11, 2008
Sold by
Lazarus Jay W and Lazarus Kordula I
Bought by
Lazarus Jay W and Lazarus Kordula I
Purchase Details
Closed on
May 31, 2005
Sold by
Lazarus Jay W and Lazarus Kordula I
Bought by
Lazarus Jay W and Lazarus Kordula I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,746,000
Interest Rate
1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 19, 2002
Sold by
Lazarus Jay W and Lazarus Kordula I
Bought by
Lazarus Jay W and Lazarus Kordula I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.04%
Purchase Details
Closed on
Nov 15, 2000
Sold by
Lockridge Erika H and Lockridge Trust
Bought by
Lockridge Erika H and Lockridge Trust
Purchase Details
Closed on
May 24, 2000
Sold by
Katz Ronald Alan and Katz Madelyn Rae
Bought by
Mckee Peter B and Mckee Joan K
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Potter David | $7,750,000 | Chicago Title | |
| Lockridge Erika H | -- | None Available | |
| Lockridge Erika H | -- | None Available | |
| Lockridge John P | -- | Chicago Title Company | |
| Lazarus Jay W | -- | Accommodation | |
| Lazarus Jay W | -- | Fidelity Title | |
| Lazarus Jay W | -- | First American Title | |
| Lazarus Jay W | -- | First American Title | |
| Lockridge Erika H | -- | None Available | |
| Mckee Peter B | $1,800,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lazarus Jay W | $3,746,000 | |
| Previous Owner | Lazarus Jay W | $1,350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2022 10/06/22 | Sold | $7,750,000 | 0.0% | $1,046 / Sq Ft |
| 09/06/2022 09/06/22 | Pending | -- | -- | -- |
| 08/26/2022 08/26/22 | Price Changed | $7,750,000 | -13.4% | $1,046 / Sq Ft |
| 07/22/2022 07/22/22 | Price Changed | $8,950,000 | -10.1% | $1,208 / Sq Ft |
| 06/28/2022 06/28/22 | Price Changed | $9,950,000 | -5.2% | $1,343 / Sq Ft |
| 05/27/2022 05/27/22 | For Sale | $10,500,000 | -- | $1,417 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $82,798 | $8,063,100 | $4,161,600 | $3,901,500 |
| 2024 | $82,798 | $7,905,000 | $4,080,000 | $3,825,000 |
| 2023 | $82,507 | $7,750,000 | $4,000,000 | $3,750,000 |
| 2022 | $99,691 | $7,750,000 | $4,000,000 | $3,750,000 |
| 2021 | $98,655 | $9,332,397 | $5,948,481 | $3,383,916 |
| 2020 | $96,531 | $9,236,706 | $5,887,487 | $3,349,219 |
| 2019 | $94,654 | $9,055,596 | $5,772,047 | $3,283,549 |
| 2018 | $92,871 | $8,878,036 | $5,658,870 | $3,219,166 |
| 2017 | $90,939 | $8,703,958 | $5,547,912 | $3,156,046 |
| 2016 | $89,482 | $8,533,293 | $5,439,130 | $3,094,163 |
| 2015 | $88,211 | $8,405,116 | $5,357,430 | $3,047,686 |
| 2014 | $87,271 | $8,240,473 | $5,252,486 | $2,987,987 |
Source: Public Records
Agents Affiliated with this Home
-
Canning Properties
-
Tim Allen
Buyer's Agent in 2022
Tim Allen
Coldwell Banker Realty
(831) 214-1990
97 in this area
347 Total Sales
Map
Source: MLSListings
MLS Number: ML81893544
APN: 008-441-016-000
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