Seller's Agent in 2018
Shelly Lynch
Carmel Realty Company
(831) 277-8044
45 in this area
141 Total Sales
1476 Cypress Dr Pebble Beach, CA 93953
Estimated Value: $6,365,000
5
Beds
5.5
Baths
5,135
Sq Ft
$1,240/Sq Ft
Est. Value
Highlights
- Ocean View
- 2.72 Acre Lot
- Wood Flooring
- Carmel River Elementary School Rated A+
- Contemporary Architecture
- Main Floor Primary Bedroom
About This Home
As of July 2018Of of 31 oceanfront homes in Pebble Beach, this one might be the best location. Drive through the understated entry to La Serena and discover an iconic property in an unparalleled location, comprised of three legal lots totaling 2.72 acres just three doors to the Pebble Beach Lodge. This exquisite waterfront estate, thoughtfully designed with impeccable finishes, features floor to ceiling windows throughout to enjoy breathtaking views and create an indoor-outdoor flow in all areas of the home. Just step out of the living room onto multiple ocean front terraces with two fire pits and a built-in outdoor grill. This world-class estate and location is one of only 8 homes on Stillwater Cove that does not have golf greens directly in front, offering the ultimate privacy while ideally offering access to all of the Pebble Beach Lodge and Beach Club. The additional lot provides an opportunity to create a family compound, guest house, or another home to sell. Truly a rare opportunity.
Last Agent to Sell the Property
Carmel Realty Company License #01217466 Listed on: 07/15/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $259,982
Year Built
- Built in 1935
Lot Details
- 2.72 Acre Lot
- Fenced
- Lot Sloped Down
- Grass Covered Lot
- Back Yard
- Zoning described as R1
Parking
- 2 Car Attached Garage
- Guest Parking
Home Design
- Contemporary Architecture
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,135 Sq Ft Home
- 2-Story Property
- High Ceiling
- Skylights
- Living Room with Fireplace
- Combination Dining and Living Room
- Ocean Views
- Laundry in unit
Flooring
- Wood
- Travertine
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Marble Bathroom Countertops
- Dual Sinks
- Dual Flush Toilets
- Bathtub with Shower
Outdoor Features
- Balcony
- Barbecue Area
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 008-455-007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2018
Closed on
Jul 17, 2018
Sold by
Panattoni Carl D and Panattoni Mary Jane
Bought by
1476 Cypress Llc
Seller's Agent
Shelly Lynch
Carmel Realty Company
Buyer's Agent
Christopher Pryor
Carmel Realty Company
List Price
$29,750,000
Sold Price
$25,250,000
Premium/Discount to List
-$4,500,000
-15.13%
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
-$18,885,000
Avg. Annual Appreciation
-17.44%
Purchase Details
Closed on
Aug 3, 2007
Sold by
Burnett Gerald J and Burnett Marjorie J
Bought by
Pb Cypress Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1476 Cypress Llc | $25,250,000 | Chicago Title Co | |
| Pb Cypress Llc | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2018 07/27/18 | Sold | $25,250,000 | -15.1% | $4,917 / Sq Ft |
| 07/15/2018 07/15/18 | Pending | -- | -- | -- |
| 07/15/2018 07/15/18 | For Sale | $29,750,000 | -- | $5,794 / 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 | $259,982 | $25,508,796 | $22,310,379 | $3,198,417 |
| 2024 | $259,982 | $25,008,624 | $21,872,921 | $3,135,703 |
| 2023 | $254,597 | $24,531,495 | $21,444,041 | $3,087,454 |
| 2022 | $243,442 | $23,388,721 | $21,023,570 | $2,365,151 |
| 2021 | $240,982 | $22,930,120 | $20,611,344 | $2,318,776 |
| 2020 | $235,820 | $22,695,000 | $20,400,000 | $2,295,000 |
| 2019 | $231,277 | $22,250,000 | $20,000,000 | $2,250,000 |
| 2018 | $279,971 | $26,934,784 | $24,294,120 | $2,640,664 |
| 2017 | $274,168 | $26,406,652 | $23,817,765 | $2,588,887 |
| 2016 | $269,879 | $25,888,875 | $23,350,750 | $2,538,125 |
| 2015 | $266,098 | $25,500,000 | $23,000,000 | $2,500,000 |
| 2014 | $268,575 | $25,500,000 | $23,000,000 | $2,500,000 |
Source: Public Records
Agents Affiliated with this Home
-
Shelly Lynch
-
Lynn Brown Knoop
Seller Co-Listing Agent in 2018
Lynn Brown Knoop
Carmel Realty Company
(831) 596-4726
14 in this area
19 Total Sales
-
Christopher Pryor
Buyer's Agent in 2018
Christopher Pryor
Carmel Realty Company
(831) 229-1124
16 in this area
56 Total Sales
Map
Source: MLSListings
MLS Number: ML81714640
APN: 008-455-007-000
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