NOT LISTED FOR SALE

1675 Crespi Ln Pebble Beach, CA 93953

Estimated Value: $5,103,000 - $11,251,143

6 Beds
8 Baths
5,072 Sq Ft
$1,530/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $9,250,000 $1,824 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $50,781/month

107 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • 2.16 Acre Lot
  • Carmel River Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of October 2020

Before you even walk through the front door you will notice the breathtaking unobstructed views of Point Lobos and the grand Pacific beyond. Sited on a private, 2+ acre gated lot, this classic Pebble Beach home has an impressive list of features including two guest houses and plentiful indoor-outdoor living areas to enjoy the idyllic climate. Less than a mile from The Lodge, Beach Club, and Carmel by the Sea, this is truly a historic opportunity for the quintessential Pebble Beach lifestyle.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 05/26/2020

Coldwell Banker Realty

Last Buyer's Agent

Christopher Pryor

Carmel Realty Company License #01750627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,557

Year Built

  • 1960

Lot Details

  • 2.16 Acre Lot

Parking

  • 2 Car Detached Garage

Property Views

  • Ocean
  • Hills

Home Design

  • Shake Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,072 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Bay Window
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Storage Room
  • Laundry in unit

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,557

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: LDR/1.5-D(CZ)
  • Subclass: Single Family Home
  • Age: 60
  • Listing Class: Residential
  • Structure Sq Ft: 5072
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 5072
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Great Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shake
  • View: Hills, Ocean

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Acres: 2.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 94090.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 94090.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Oct 6, 2020
Sold by
Butts Donald C and Butts Cecily N
Bought by
Crespi Llc
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Christopher Pryor
Carmel Realty Company
List Price
$10,950,000
Sold Price
$9,250,000
Premium/Discount to List
-$1,700,000
-15.53%
Current Estimated Value
$7,761,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,488,286
Avg. Annual Appreciation
-2.41%

Purchase Details

Closed on
May 14, 2003
Sold by
Butts Donald C and Butts Cecily N
Bought by
Butts Donald C and Butts Cecily N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$948,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 29, 2002
Sold by
Butts Donald C and Butts Cecily N
Bought by
Butts Donald C and Butts Cecily N

Purchase Details

Closed on
Apr 1, 1996
Sold by
Elrod Scott M and Walker George R
Bought by
Butts Donald C and Butts Cecily N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.37%
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
Crespi Llc $9,250,000 Old Republic Title Company
Butts Donald C -- First American Title
Butts Donald C -- First American Title
Butts Donald C -- --
Butts Donald C -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butts Donald C $948,000
Previous Owner Butts Donald C $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $9,250,000 -15.5% $1,824 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $10,950,000 -- $2,159 / 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 $115,557 $11,382,857 $8,659,457 $2,723,400
2024 $115,557 $11,159,664 $8,489,664 $2,670,000
2023 $107,234 $10,858,200 $8,323,200 $2,535,000
2022 $93,860 $9,890,000 $8,160,000 $1,730,000
2021 $98,247 $8,750,000 $8,000,000 $750,000
2020 $29,780 $2,755,442 $1,898,737 $856,705
2019 $29,162 $2,701,414 $1,861,507 $839,907
2018 $28,585 $2,648,446 $1,825,007 $823,439
2017 $27,969 $2,596,517 $1,789,223 $807,294
2016 $27,498 $2,545,606 $1,754,141 $791,465
2015 $27,075 $2,507,370 $1,727,793 $779,577
2014 $26,758 $2,458,255 $1,693,948 $764,307
Source: Public Records

Agents Affiliated with this Home

  • Tim Allen

    Seller's Agent in 2020

    Tim Allen

    Coldwell Banker Realty

    (831) 214-1990

    98 in this area

    348 Total Sales

    Tim Allen
    Section Image
  • Christopher Pryor

    Buyer's Agent in 2020

    Christopher Pryor

    Carmel Realty Company

    (831) 229-1124

    16 in this area

    56 Total Sales

    Christopher Pryor
    Section Image
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Map

Source: MLSListings

MLS Number: ML81793981

MLSListings

APN: 008-371-015-000

California Monterey County Pebble Beach 93953

1675 Crespi Ln, Pebble Beach, CA

This home is located at 1675 Crespi Ln, Pebble Beach, CA 93953 since 26 May 2020 and is currently estimated at $7,761,714, approximately $1,530 per square foot. This property was built in 1960. 1675 Crespi Ln is a home located in Monterey County with nearby schools including Carmel River Elementary School, Carmel Middle School, and Carmel High School.

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