NOT LISTED FOR SALE

3418 17 Mile Dr Pebble Beach, CA 93953

Estimated Value: $2,756,000 - $13,821,012

1.1 Acres
$7,535,005 Price per Acre
47,916 Sq Ft Lot

Last Sold August 13, 2020

Last sale price $9,000,000

Est. 8% decrease in value since last sale

Current estimated payment $53,423/month

380 Days on Market

Highlights

  • Ocean View
  • 1.1 Acre Lot
  • Gentle Sloping Lot
  • Carmel River Elementary School Rated A+
  • Gated Home

About This Lot

As of August 2020

The chance to build on golfs legendary links is now yours. Offering spectacular golf and ocean views and ideally located near The Lodge and Carmel-by-the-Sea, these two contiguous lots on the 12th hole at Pebble Beach Golf Links present a truly unique setting and opportunity. Lots available separately but must be closed concurrently

Last Agent to Sell the Property

Canning Properties

Sotheby’s International Realty License #70010029 Listed on: 05/30/2019

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $99,126

Lot Details

  • 1.1 Acre Lot
  • Gated Home
  • Gentle Sloping Lot

Property Views

  • Ocean
  • Golf Course

Property Details

Property Type

Land

Est. Annual Taxes

$99,126

Lot Details

0

Listing Details

  • Zoning: LDR/1.5-D (CZ)
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land, Residential, Vacant
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Golf Course, Ocean
  • Fencing: Fenced, Gate, Mixed Height / Type

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Description: Grade - Gently Sloped, Views
  • Lot Acres: 1.1000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 47916.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 47916.00
  • Soil: Unknown
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 7, 2020
Sold by
Demshur David Michael and Demshur Laureen Bogan
Bought by
Castle Pines Llc
Seller's Agent
Canning Properties
Sotheby’s International Realty
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$12,000,000
Sold Price
$9,000,000
Premium/Discount to List
-$3,000,000
-25%
Current Estimated Value
$8,288,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$711,494
Avg. Annual Appreciation
-3.36%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Castle Pines Llc $9,000,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $9,000,000 -10.0% --
06/14/2020 06/14/20 Pending -- -- --
11/04/2019 11/04/19 Price Changed $10,000,000 -16.7% --
05/30/2019 05/30/19 For Sale $12,000,000 -- --
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 $99,126 $9,741,889 $9,741,889 --
2024 $99,126 $9,550,872 $9,550,872 --
2023 $98,602 $9,363,600 $9,363,600 $0
2022 $95,347 $9,180,000 $9,180,000 --
2021 $94,394 $9,000,000 $9,000,000 $0
2020 $82,207 $7,925,786 $7,925,786 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Canning Properties

    Sotheby’s International Realty

    (831) 238-5535

    51 in this area

    225 Total Sales

    Canning Properties
    Section Image
  • Tim Allen

    Buyer's Agent in 2020

    Tim Allen

    Coldwell Banker Realty

    (831) 214-1990

    100 in this area

    352 Total Sales

    Tim Allen
    Section Image
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Map

Source: MLSListings

MLS Number: ML81754347

MLSListings

APN: 008-381-020-000

California Monterey County Pebble Beach 93953

3418 17 Mile Dr, Pebble Beach, CA

This home is located at 3418 17 Mile Dr, Pebble Beach, CA 93953 since 30 May 2019 and is currently estimated at $8,288,506. 3418 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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