1494 Cypress Dr , Pebble Beach, CA 93953
$49,500,000
Est. Payment: $270,007.52/mo
6 Bed
10 Bath
11223 Sqft
2.24 Acres
Status: Active | Days on site: 389
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ML39169 - ML5063300
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House Description

Presenting one of the most valuable street-to-sea parcels on the West Coast, a trophy asset in every sense, and an extraordinary opportunity to possess one of the most iconic properties in all of Pebble Beach. "Gem Cove" is located on two lots of record on an ocean front parcel of land next to the Lodge, with unobstructed ocean views to the 18th fairway, Stillwater Cove, Carmel Beach, Point Lobos and beyond. Truly a once-in-a-lifetime opening to secure your position in one of the most sought-after areas in the world. Built on a prime 2.24± acre parcel of coveted CA real estate, is this unforgettable European-esque estate is guaranteed to astound, impress and amaze the most astute buyer. From the substantial living room to the chef's kitchen/great room, the expansive primary bedroom suite to the expertly curated grounds, all with big ocean views - you will love living here, entertaining family and hosting guests at this prestigious estate. Located within minutes of world-class golf, Michelin-level dining, and elite networks, this property offers not just lifestyle, but legacy. Whether as a long-term family estate, strategic investment, or a rare coastal retreat, "Gem Cove" presents the kind of opportunity that seldom comes. Don't miss it.

Highlights

Listed by Canning Properties , 831-238-9718 Sotheby's International Realty , (831) 624-1566. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
2.24

Year Built

2003

County

Monterey

Area

699 - Not Defined

School District

Carmel Unified

Listing ID

ML82017722

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:10
  • ▪ Full Bathrooms:7
  • ▪ 1/2 Bathrooms:3
Appliances:Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Trash Compactor, Vented Exhaust Fan, Warming Drawer, Dryer, Washer
Floor:Stone,Wood
Other:
  • ▪ Additional:Breakfast Bar, Breakfast Area, Utility Room, Wine Cellar
Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:10
Zoning:LDR/1.5-D(CZ)
Roof:Slate
Sewer:Public Sewer
Parking Features:Guest,Gated,Off Street
Principal Interest
$270,008
Taxes
$31,556

Home Price

$49,500,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$9,900,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$270,007.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $270,007.52 $31,556.25 $0.00 $301,563.77
Yearly $3,240,090.26 $378,675.00 $0.00 $3,618,765.26
Total $97,202,707.86 $11,360,250.00 $0.00 $108,562,957.86

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Pebble Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T03:13:44.000Z

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