NOT LISTED FOR SALE

1659 Crespi Ln Pebble Beach, CA 93953

Estimated Value: $4,891,000 - $16,579,021

4 Beds
6 Baths
7,691 Sq Ft
$1,396/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $12,500,000 $1,625 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $66,254/month

18 Days on Market

Highlights

  • Wine Cellar
  • 1.85 Acre Lot
  • Wood Flooring
  • Carmel River Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Marble Bathroom Countertops

About This Home

As of May 2021

An exquisite oceanview estate located just a short stroll from Pebble Beach Lodge & Resort, this newly built Mediterranean masterpiece took every detail of its impeccable craftsmanship into account. The grand gated entrance leads through almost 2 acres of meticulously manicured gardens up to multiple parking areas and an oversized 3-car garage perfect for car enthusiasts. The interior of the home exudes luxurious comfort and style, with radiant heated limestone and walnut hardwood floors, vaulted ceilings, and 4 luxurious suites each with direct patio access. The property boasts an impressive list of features and modern amenities, including a chefs kitchen with Viking appliances, temperature-controlled wine room, full bar, elevator, office, workout room, and beautiful limestone decks overlooking PB Golf Links, Stillwater Cove, Point Lobos, and the grand Pacific beyond. This timeless property with plenty of indoor/outdoor spaces is built to enjoy the idyllic Pebble Beach lifestyle.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 04/02/2021

Coldwell Banker Realty

Last Buyer's Agent

Lynn Brown Knoop

Carmel Realty Company License #01225343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $146,924

Year Built

  • 2018

Lot Details

  • 1.85

Parking

  • 3 Car Detached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,691 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Fireplace With Gas Starter
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den
  • Security Gate
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Marble Bathroom Countertops

Utilities

  • Radiant Heating System
  • Power Generator

Additional Features

  • Outdoor Fireplace
  • 1.85 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$146,924

Year Built

2018

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 3
  • Listing Class: Residential
  • Structure Sq Ft: 7691
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter, Living Room, Primary Bedroom, Outside
  • Dining Room: Breakfast Bar, Dining Area In Family Room
  • Kitchen: Countertop - Quartz
  • Fireplace: Yes
  • Living Sq Ft: 7691
  • Stories: 1
  • Flooring: Carpet, Hardwood, Stone
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Marble

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Room For Oversized Vehicle

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer - Public

Association/Amenities

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

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Acres: 1.8500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 80586.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 80586.00

Multi Family

  • Utilities: Generator, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2022
Sold by
Wilson Family Trust
Bought by
County Of Monterey Housing And Community Deve
Current Estimated Value
$9,912,576

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 5, 2021
Sold by
1659 Crespi Lane Llc
Bought by
Wilson Andrew and Wilson Angelique
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Lynn Brown Knoop
Carmel Realty Company
List Price
$14,900,000
Sold Price
$12,500,000
Premium/Discount to List
-$2,400,000
-16.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.10%

Purchase Details

Listed on
Jan 24, 2014
Closed on
Jan 5, 2015
Sold by
Johnson Mark H
Bought by
1659 Crespi Lane Llc
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$3,950,000
Sold Price
$3,200,000
Premium/Discount to List
-$750,000
-18.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.93%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
County Of Monterey Housing And Community Deve -- None Listed On Document
Wilson Andrew $12,500,000 First American Title Company
1659 Crespi Lane Llc $3,200,000 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $12,500,000 -16.1% $1,625 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $14,900,000 +365.6% $1,937 / Sq Ft
01/06/2015 01/06/15 Sold $3,200,000 -19.0% $1,220 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $3,950,000 -- $1,505 / 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
2025 $146,924 $14,450,401 $8,659,457 $5,790,944
2024 $146,924 $14,185,100 $8,489,664 $5,695,436
2023 $137,688 $13,835,000 $8,323,200 $5,511,800
2022 $133,132 $12,750,000 $8,160,000 $4,590,000
2021 $67,797 $12,500,000 $8,000,000 $4,500,000
2020 $66,330 $6,325,728 $3,077,028 $3,248,700
2019 $65,030 $6,201,695 $3,016,695 $3,185,000
2018 $54,180 $5,152,545 $2,957,545 $2,195,000
2017 $37,594 $3,559,554 $2,899,554 $660,000
2016 $34,476 $3,248,800 $2,842,700 $406,100
2015 -- $2,582,018 $2,202,913 $379,105
2014 -- $2,531,440 $2,159,761 $371,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81837240

MLSListings

APN: 008-371-017-000