NOT LISTED FOR SALE

3237 17 Mile Dr Pebble Beach, CA 93953

Estimated Value: $5,913,000 - $7,080,000

5 Beds
5.5 Baths
5,063 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $3,650,000 $721 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $39,212/month

397 Days on Market

Highlights

  • 1.14 Acre Lot
  • Wood Flooring
  • Den
  • Carmel River Elementary School Rated A+
  • 3 Fireplaces
  • Formal Dining Room

About This Home

As of July 2019

Just steps from one of California's most enduring landmarks, The Lone Cypress, on Pebble Beach's stunning and dramatic coastline, Fairhaven is sited prominently in the middle of the Miracle Mile, one of the most exclusive stretches of homes along the 17 Mile Drive. Framed by Del Monte Forests famous cypress trees and natural beauty, Fairhaven encompasses over an acre of land with a gated entry and manicured gardens. This 5,000+ sq ft home was built circa 1974 and remodeled in 1997 by its current owners. Spacious rooms with high ceilings give volume and grace to this 5-bedroom, 5+ bath house. Boasting ocean views, a large, light-filled kitchen and family room, gracious formal living and dining rooms, office, sauna, exercise room, 3-car garage, and elegant guest quarters, this home and its perfect location, close to Cypress Point and minutes from the Lodge, epitomizes the Pebble Beach lifestyle.

Last Agent to Sell the Property

Shelly Lynch

Carmel Realty Company License #01217466 Listed on: 05/25/2018

Co-Listed By

Vicki Mitchell

Carmel Realty Company License #00541827

Last Buyer's Agent

Bill Lister

Coldwell Banker Realty License #01179611

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,377

Year Built

  • Built in 1974

Lot Details

  • 1.14 Acre Lot
  • Lot Sloped Up
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Shingle Roof

Interior Spaces

  • 5,063 Sq Ft Home
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Zoned Heating System
  • Power Generator

Listing and Financial Details

  • Assessor Parcel Number 008-471-008-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,377

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 44
  • Listing Class: Residential
  • Structure Sq Ft: 5063
  • Year Built: 1974
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Dining Area in Family Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Oven - Built-In, Refrigerator
  • Living Sq Ft: 5063
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Sauna, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Roof: Shingle
  • Yard/Grounds: Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air - Gas, Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 008-471-008-000
  • Lot Acres: 1.1399
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 49655.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 49655.00

Multi Family

  • Utilities: Generator, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Jul 9, 2019
Sold by
Davis Craig A and Davis Betty R
Bought by
Neault Dan and Neault Laura
Seller's Agent
Shelly Lynch
Carmel Realty Company
Buyer's Agent
Bill Lister
Coldwell Banker Realty
List Price
$4,200,000
Sold Price
$3,650,000
Premium/Discount to List
-$550,000
-13.1%
Current Estimated Value
$6,532,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,882,204
Avg. Annual Appreciation
9.64%
Original Mortgage
$2,000,000
Outstanding Balance
$1,735,945
Interest Rate
2.95%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$4,634,287

Purchase Details

Closed on
May 4, 2001
Sold by
Davis Craig A and Davis Betty R
Bought by
Davis Craig A and Davis Betty R
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
Neault Dan $3,650,000 Old Republic Title Company
Davis Craig A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neault Dan $750,000
Open Neault Dan $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $3,650,000 -7.6% $721 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
11/09/2018 11/09/18 Price Changed $3,950,000 -6.0% $780 / Sq Ft
05/25/2018 05/25/18 For Sale $4,200,000 -- $830 / 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 $41,377 $3,991,805 $3,280,937 $710,868
2024 $41,377 $3,913,535 $3,216,605 $696,930
2023 $41,119 $3,836,800 $3,153,535 $683,265
2022 $39,741 $3,761,569 $3,091,701 $669,868
2021 $39,295 $3,687,814 $3,031,080 $656,734
2020 $38,434 $3,650,000 $3,000,000 $650,000
2019 $20,090 $1,874,977 $932,469 $942,508
2018 $19,694 $1,838,214 $914,186 $924,028
2017 $19,272 $1,802,171 $896,261 $905,910
2016 $18,948 $1,766,836 $878,688 $888,148
2015 -- $1,740,298 $865,490 $874,808
2014 -- $1,706,209 $848,537 $857,672
Source: Public Records

Agents Affiliated with this Home

  • Shelly Lynch

    Seller's Agent in 2019

    Shelly Lynch

    Carmel Realty Company

    (831) 277-8044

    45 in this area

    152 Total Sales

    Section Image

  • V

    Seller Co-Listing Agent in 2019

    Vicki Mitchell

    Carmel Realty Company

    (831) 624-3355

    1 Total Sale

    Section Image
  • Bill Lister

    Buyer's Agent in 2019

    Bill Lister

    Coldwell Banker Realty

    (408) 892-9300

    194 Total Sales

    Section Image
  • Armeen Pourshams

    Buyer Co-Listing Agent in 2019

    Armeen Pourshams

    Coldwell Banker Realty

    (408) 666-0111

    29 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81707208

MLSListings

APN: 008-471-008-000

California Monterey County Pebble Beach 93953

3237 17 Mile Dr, Pebble Beach, CA

This home is located at 3237 17 Mile Dr, Pebble Beach, CA 93953 since 25 May 2018 and is currently estimated at $6,532,204, approximately $1,290 per square foot. This property was built in 1974. 3237 17 Mile Dr 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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